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Failed Bank Information for Community Bank of Rockmart, Rockmart, GA

On Thursday, November 10, 2011, Community Bank of Rockmart was closed by the Georgia Department of Banking and Finance. The FDIC was named Receiver. Century Bank of Georgia, Cartersville, GA acquired all deposit accounts.

The FDIC as Receiver for Community Bank of Rockmart, Rockmart, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on May 22, 2023 and has made all dividend distributions required by law.

Effective September 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: September 1, 2023


Notice of Intent to Terminate

Publication Date: May 22, 2023

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: CENTURY BANK OF GEORGIA

About Century Bank of Georgia

All deposit accounts, excluding the Cede & Co. deposits, were transferred to Century Bank of Georgia, Cartersville, GA ("assuming institution"). Former Community Bank of Rockmart locations reopened as branches of Century Bank of Georgia.

Your transferred deposits were separately insured from any accounts you may have already had at Century Bank of Georgia for at least six months after the failure of Community Bank of Rockmart.

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

Contacting Century Bank of Georgia

You can contact Century Bank of Georgia:

Century Bank of Georgia
215 E Main St
Cartersville, GA 30120

Century Bank of Georgia ( www.centurybanknet.com)

Transaction Documentation

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

Bid Summary
Report on the bids to purchase the failed bank