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Failed Bank Information for Hometown National Bank, Longview, WA

On Friday, October 2, 2015, Hometown National Bank was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. Twin City Bank, Longview, WA acquired all deposit accounts.

The FDIC as Receiver for Hometown National Bank, Longview, WA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on August 10, 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: August 10, 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: TWIN CITY BANK

About Twin City Bank

All deposit accounts, including brokered deposits, were transferred to Twin City Bank, Longview, WA ("assuming institution"). Former Hometown National Bank locations reopened as branches of Twin City Bank.

Your transferred deposits were separately insured from any accounts you may have already had at Twin City Bank for at least six months after the failure of Hometown 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 Twin City Bank as long as the deposits are not pledged as collateral for loans.

Contacting Twin City Bank

You can contact Twin City Bank:

Twin City Bank
729 Vandercook Way
Longview,WA 98632

Twin City Bank (www.twincitybank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (15.72 Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank