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Real Estate & Property Law

: Housing Wire

Georgia-based Bank Becomes 23rd Failure This Year

By PAUL JACKSON

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Jackson, Georgia-based First Georgia Community Bank was closed Friday by the Georgia Department of Banking and Finance, and became the 23rd bank this year to head into the hands of the Federal Deposit Insurance Corporation. The small bank’s deposits were acquired by United Bank, another Georgia-based banking institution; the failed bank had just four branches, [...]

Full post as published by Housing Wire on December 05, 2008 (boomark / email).

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