Failed Bank Information for Wakulla Bank, Crawfordville, FL
On Friday, October 1, 2010, Wakulla Bank was closed by the Florida Office of Financial Regulation. The FDIC was named Receiver. Centennial Bank, Conway, AR acquired all deposit accounts.
The FDIC as Receiver for Wakulla Bank, Crawfordville, FL 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
Effective Date: July 1, 2023
Publication Date: November 17, 2022
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: CENTENNIAL BANK
About Centennial Bank
All deposit accounts, excluding the Cede & Co. deposits, were transferred to Centennial Bank, Conway, AR ("assuming institution"). Former Wakulla Bank locations reopened as branches of Centennial Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Centennial Bank for at least six months after the failure of Wakulla Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Centennial Bank as long as the deposits are not pledged as collateral for loans.
Contacting Centennial Bank
You can contact Centennial Bank:
Centennial Bank
620 Chestnut St
Conway, AR 72032
Centennial Bank (www.my100bank.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank