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Tag Archives: Bank Closing

Bank Closing Peoples First Community Bank Panama City, FL

On Friday, December 18, 2009, Peoples First Community Bank (CERT #32167), Panama City, FL was closed by the Office of Thrift Supervision. All deposits, excluding certain brokered deposits, were transferred to the acquiring institution; for further information, please visit the FDIC web site: Peoples First Community Bank (www.fdic.gov).

Bank Closing RockBridge Commercial Bank Atlanta, GA

On December 18, 2009, the FDIC was named as Receiver for RockBridge Commercial Bank, (CERT # 58315), Atlanta, GA by the Georgia Department of Banking and Finance. An assuming institution could not be located; therefore, the FDIC will fulfill its obligation to insured depositors by mailing checks for their insured amounts. For further information, please [...]

Bank Closing – SolutionsBank, Overland Park, KS

On Friday, December 11, 2009, SolutionsBank (CERT #4731), Overland Park, KS was closed by the Office of the State Bank Commissioner of Kansas. All deposits, excluding certain brokered deposits, were transferred to the acquiring institution; for further information, please visit the FDIC web site: SolutionsBank (www.fdic.gov).

Bank Closing – Republic Federal Bank, National Association, Miami, FL‏

On Friday, December 11, 2009, Republic Federal Bank, National Association (CERT #22846), Miami, FL was closed by the Office of the Comptroller of the Currency (OCC). All deposits, excluding certain brokered deposits, were transferred to the acquiring institution; for further information, please visit the FDIC web site: Republic Federal Bank, N.A. (www.fdic.gov).

Bank Closing – Bank Closing The Buckhead Community Bank, Atlanta, GA‏

On December 4, 2009, The Buckhead Community Bank (CERT # 34663), Atlanta, GA by the Georgia Department of Banking and Finance. All deposits, excluding certain brokered deposits, were transferred to the acquiring institution; for further information, please visit the FDIC web site: The Buckhead Community Bank (www.fdic.gov).
State Bank and Trust Company, Macon, Georgia, Assumes All [...]

Liberty Bank and Trust Company, New Orleans, Louisiana, Assumes All of the Deposits of Home Federal Savings Bank, Detroit, Michigan

Home Federal Savings Bank, Detroit, Michigan, was closed today by the Office of Thrift Supervision, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Liberty Bank and Trust Company, New Orleans, Louisiana, to assume all of the deposits of Home Federal Savings Bank.

The two branches of Home Federal Savings Bank will reopen during their normal business hours as branches of Liberty Bank and Trust Company. Depositors of Home Federal Savings Bank will automatically become depositors of Liberty Bank and Trust Company. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers should continue to use their existing branches until Liberty Bank and Trust Company can fully integrate the deposit records of Home Federal Savings Bank.

Bank Closing – United Security Bank, Sparta, GA

United Security Bank, Sparta, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Ameris Bank, Moultrie, Georgia, to assume all of the deposits of United Security Bank.On November 6, 2009, United Security Bank, (CERT #22286) Sparta, GA was closed by the Georgia Department of Banking and Finance. All deposits, excluding certain brokered deposits, were transferred to the acquiring institution; for further information, please visit the FDIC web site: United Security Bank (www.fdic.gov).

Alerus Financial, National Association, Grand Forks, North Dakota, Assumes All of the Deposits of Prosperan Bank, Oakdale, Minnesota

The three branches of Prosperan Bank will reopen during their normal business hours as branches of Alerus Financial, N.A. Depositors of Prosperan Bank will automatically become depositors of Alerus Financial, N.A. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers should continue to use their existing branches until Alerus Financial, N.A. can fully integrate the deposit records of Prosperan Bank.

Central Bank of Kansas City, Kansas City, Missouri, Assumes All of the Deposits of Gateway Bank of St. Louis, St. Louis, Missouri

The sole branch of Gateway Bank of St. Louis will reopen on Saturday as a branch of Central Bank of Kansas City. Depositors of Gateway Bank of St. Louis will automatically become depositors of Central Bank of Kansas City. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers should continue to use their existing branch until Central Bank of Kansas City can fully integrate the deposit records of Gateway Bank of St. Louis.

Bank Closing San Joaquin Bank, Bakersfield, California

The five branches of San Joaquin Bank will reopen on Monday as branches of Citizens Business Bank. Depositors of San Joaquin Bank will automatically become depositors of Citizens Business Bank. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship to retain their deposit insurance coverage. Customers should continue to use their existing branch until they receive notice from Citizens Business Bank that it has completed systems changes to allow other Citizens Business Bank branches to process their accounts as well