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Bank Failures

Failed Bank Information for Decatur First Bank, Decatur, GA

On Friday, October 21, 2011, Decatur First Bank was closed by the Georgia Department of Banking and Finance. The FDIC was named Receiver. Fidelity Bank, Atlanta, GA acquired all deposit accounts.

The FDIC as Receiver for Decatur First Bank, Decatur, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on August 7, 2018 and has made all dividend distributions required by law.

Effective December 1, 2018, 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: December 1, 2018
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Notice of Intent to Terminate

Publication Date: August 7, 2018
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Dividend Information

Report on dividends paid
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Press Release

Official press release

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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: FIDELITY BANK

About Fidelity Bank

All deposit accounts, including brokered deposits, were transferred to Fidelity Bank, Atlanta, GA ("assuming institution"). Former Decatur First Bank locations reopened as branches of Fidelity Bank.

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

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

Contacting Fidelity Bank

You can contact Fidelity Bank:

Fidelity Bank
3490 Piedmont Road Ne
Atlanta, GA 30305

Transaction Documentation

Purchase & Assumption Agreement
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

Last Updated: October 16, 2023