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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for First National Bank of Georgia, Carrollton, GA

On January 29, 2010, First National Bank of Georgia was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. Community and Southern Bank, Carrollton, GA acquired all deposit accounts.

The FDIC as Receiver for First National Bank of Georgia, Carrollton, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on September 19, 2017 and has made all dividend distributions required by law.

Effective February 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: February 1, 2018


Notice of Intent to Terminate

Publication Date: September 19, 2017

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

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

caution

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: COMMUNITY AND SOUTHERN BANK

About Community and Southern Bank

All deposit accounts, excluding certain brokered deposits, were transferred to Community and Southern Bank, Carrollton, GA ("assuming institution"). Former First National Bank of Georgia locations reopened as branches of Community and Southern Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Community and Southern Bank for at least six months after the failure of First National Bank of Georgia.

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

Contacting Community and Southern Bank

On July 21, 2016, Community and Southern Bank merged with Bank of the Ozarks.

Bank of the Ozarks
17901 Chenal Parkway
Little Rock, AR 72223

Bank of the Ozarks (www.bankozarks.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (1Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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