Failed Bank Information for Putnam State Bank, Palatka, FL
On June 15, 2012, Putnam State Bank was closed by the Florida Office of Financial Regulation. The FDIC was named Receiver. Harbor Community Bank, Indiantown, FL acquired all deposit accounts.
The FDIC as Receiver for Putnam State Bank, Palatka, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on October 18, 2017 and has made all dividend distributions required by law.
Effective February 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: February 1, 2018
Publication Date: October 18, 2017
Report on dividends paid
Official press release
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: HARBOR COMMUNITY BANK
About Harbor Community Bank
All deposit accounts, including brokered deposits, were transferred to Harbor Community Bank, Indiantown, FL ("assuming institution"). Former Putnam State Bank locations reopened as branches of Harbor Community Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Harbor Community Bank for at least six months after the failure of Putnam State Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Harbor Community Bank as long as the deposits are not pledged as collateral for loans.
Contacting Harbor Community Bank
You can contact Harbor Community Bank:
Harbor Community Bank
350 State Road 19, North,
Palatka, FL 32177
Harbor Community Bank (www.harborcb.com)
Purchase & Assumption Agreement - PDF (7Mb)
Agreement between FDIC and acquiring institution
Report on the bids to purchase the failed bank