Failed Bank Information for Peoples First Community Bank, Panama City, FL
On December 18, 2009, Peoples First Community Bank was closed by the Office of Thrift Supervision. The FDIC was named Receiver. Hancock Bank, Gulfport, MS acquired all deposit accounts.
The FDIC as Receiver for Peoples First Community Bank, Panama City, 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 9, 2018 and has made all dividend distributions required by law.
Effective October 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status
TERMINATED
Effective Date: October 1, 2018
Publication Date: July 9, 2018
Beware 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.
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: HANCOCK BANK
About Hancock Bank
All deposit accounts, excluding certain brokered deposits, were transferred to Hancock Bank, Gulfport, MS ("assuming institution"). Former Peoples First Community Bank locations reopened as branches of Hancock Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Hancock Bank for at least six months after the failure of Peoples First Community Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Hancock Bank as long as the deposits are not pledged as collateral for loans.
Contacting Hancock Bank
You can contact Hancock Bank:
Hancock Whitney Bank (formerly Hancock Bank)
2510 14th Street
Gulfport, MS 39501
Hancock Whitney Bank (www.hancockwhitney.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF (5Mb)
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank