On Friday, August 19, 2011, First Southern National Bank was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. Heritage Bank of the South, Albany, GA acquired all deposit accounts.
The FDIC as Receiver for First Southern National Bank, Statesboro, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on July 26, 2017 and has made all dividend distributions required by law.
Effective December 1, 2017, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status: TERMINATED
Notice of Termination
Notice of Intent to Terminate
Dividend Information
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: HERITAGE BANK OF THE SOUTH
About Heritage Bank of the South
All deposit accounts, excluding certain brokered deposits, were transferred to Heritage Bank of the South, Albany, GA ("assuming institution"). Former First Southern National Bank locations reopened as branches of Heritage Bank of the South.
Your transferred deposits were separately insured from any accounts you may have already had at Heritage Bank of the South for at least six months after the failure of First Southern National Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Heritage Bank of the South as long as the deposits are not pledged as collateral for loans.
On July 1, 2015, Heritage Bank of the South merged with Renasant Bank.
Contacting Renasant Bank
You can contact Heritage Bank of the South:
Heritage Bank of the South
209 Troy Street
Tupelo, MS 38801
Renasant Bank (www.renasantbank.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF (10.7 Mb)
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank