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Failed Bank Information for First National Bank, Savannah, GA

On Friday, June 25, 2010, First National Bank was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. The Savannah Bank, N.A., Savannah, GA acquired all deposit accounts.

The FDIC as Receiver for First National Bank, Savannah, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on November 17, 2022 and has made all dividend distributions required by law.

Effective July 1, 2023, 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: July 1, 2023


Notice of Intent to Terminate

Publication Date: November 17, 2022

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: THE SAVANNAH BANK, N.A.

About The Savannah Bank, N.A.

All deposit accounts, excluding certain brokered deposits, were transferred to The Savannah Bank, N.A., Savannah, GA ("assuming institution"). Former First National Bank locations reopened as branches of The Savannah Bank, N.A.

Your transferred deposits were separately insured from any accounts you may have already had at The Savannah Bank, N.A. for at least six months after the failure of First 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 The Savannah Bank, N.A. as long as the deposits are not pledged as collateral for loans.

Contacting The Savannah Bank, N.A.

On December 13, 2012, The Savannah Bank, N.A. merged with SouthState Bank, National Association

You can contact SouthState Bank, N.A.:

The SouthState Bank, N.A.
1101 1st St S
Winter Haven, FL 33880

SouthState Bank, N.A. (www.southstatebank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank