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Bank Failures

Failed Bank Information for FirstBank Financial Services, McDonough, GA

On Friday, February 6, 2009, FirstBank Financial Services was closed by the Georgia Department of Banking and Finance. The FDIC was named Receiver. Regions Bank, Birmingham, AL acquired all deposit accounts.

The FDIC as Receiver for FirstBank Financial Services, McDonough, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on November 17, 2022 and has made all dividend distributions required by law.

Effective July 1, 2023, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: July 1, 2023
Icon for Notice of Intent to Terminate

Notice of Intent to Terminate

Publication Date: November 17, 2022
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Dividend Information

Report on dividends paid
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Press Release

Official press release

Beware of scams!


Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: REGIONS BANK

About Regions Bank

All deposit accounts were transferred to Regions Bank, Birmingham, AL ("assuming institution"). Former FirstBank Financial Services locations reopened as branches of Regions Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Regions Bank for at least six months after the failure of FirstBank Financial Services.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Regions Bank as long as the deposits are not pledged as collateral for loans.

Contacting Regions Bank

You can contact Regions Bank:

Regions Bank
1900 5th Ave N
Birmingham, AL 35203

Regions Bank (www.regions.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: July 11, 2023