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Federal Deposit
Insurance Corporation

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

Failed Bank Information for Oglethorpe Bank, Brunswick, GA

On Friday, January 14, 2011, Oglethorpe Bank, Brunswick, GA was closed by the Georgia Department of Banking and Finance. The FDIC was named Receiver. Bank of the Ozarks, Little Rock, AR acquired all deposit accounts.

The FDIC as Receiver for Oglethorpe Bank, Brunswick, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on December 12, 2016 and has made all dividend distributions required by law.

Effective November 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: November 1, 2017


Notice of Intent to Terminate

Publication Date: December 12, 2016

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: BANK OF THE OZARKS

About Bank of the Ozarks, Little Rock, AR

All deposit accounts, excluding certain brokered deposits, were transferred to Bank of the Ozarks, Little Rock, AR ("assuming institution"). Former Oglethorpe Bank locations reopened as branches of Bank of the Ozarks.

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

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

Contacting Bank of the Ozarks

You can contact Bank of the Ozarks:

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

Bank of Ozarks (https://www.bankozarks.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (2Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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