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Sat., June 18, 2011 7:50am
The Federal Deposit Insurance Corp. seized McIntosh State Bank in Jackson Friday. The bank’s deposits of $324 million will be taken over by Hamilton State Bank in Hoschton.
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Thu., February 24, 2011 5:31pm
Two-thirds of the Georgia’s banks had improved earnings in 2010 and fewer institutions operated in the red, according to the fourth-quarter banking profile from the Federal Deposit Insurance Corporation. Georgia banks lost $1.6 billion in 2010, less the half their losses in 2009. But nationwide, banks made more than $87 billion altogether last year.
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Sat., February 19, 2011 9:57am
Regulators have shut down two small banks in Georgia, making six banks that have failed in the state this year.
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Wed., January 19, 2011 3:34pm
State Senator Republican Jack Murphy says he’s innocent of federal charges brought against him. The FDIC is suing him and others who sat on the board of a failed local bank. The civil lawsuit alleges the bank violated banking laws.
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Wed., January 19, 2011 8:52am
Federal banking regulators are suing eight former officials from a failed Alpharetta bank, including a state senator just named head of the Senate Banking Committee.
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Mon., January 17, 2011 1:17pm
The state’s first bank failure of the new year came over the weekend. Georgia’s Department of Banking and Finance closed Brunswick’s Oglethorpe Bank late Friday. Deposits and assets were acquired by Bank of the Ozarks, a Little Rock, Arkansas-based institution.
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Sat., March 27, 2010 10:21am
Regulators have shut down two Georgia banks bringing to 41 the number of ba
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Tue., December 29, 2009 8:45am
Five small Georgia banks have been added to a list of those needing to repa
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Sat., December 5, 2009 11:34am
The FDIC seized Tatnall Bank of Reidville, First Security National Bank in
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Fri., December 4, 2009 2:55pm
Georgia has a high rate of people that don’t have bank accounts. It exceed
