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Federal Deposit
Insurance Corporation

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

Failed Bank Information for The First National Bank of Florida, Milton, FL

On Friday, September 9, 2011, The First National Bank of Florida was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. CharterBank, West Point, GA acquired all deposit accounts.

The FDIC as Receiver for The First National Bank of Florida, Milton, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on July 31, 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

Effective Date: December 1, 2017


Notice of Intent to Terminate

Publication Date: July 31, 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: CHARTERBANK

About CharterBank

All deposit accounts, including brokered deposits, were transferred to CharterBank, West Point, GA ("assuming institution"). Former The First National Bank of Florida locations reopened as branches of CharterBank.

Your transferred deposits were separately insured from any accounts you may have already had at CharterBank for at least six months after the failure of The First National Bank of Florida.

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

Contacting CharterBank

You can contact CharterBank:

CharterBank
600 Third Avenue
West Point, GA 31833

CharterBank (www.charterbk.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (10.6Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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