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2012 Starts Off with Three Bank Failures PDF Print E-mail
Wednesday, 01 February 2012 09:29
Regulators kicked off 2012 banking cleanup operations closing three small banks, one each in Georgia, Florida and Pennsylvania. The largest of the closing was The First State Bank in Stockbridge, GA, which was closed today by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corp. (FDIC), acting as receiver, sold the 7-branch bank to Hamilton State Bank in Hoschton, GA. As of Sept. 30, 2011, The First State Bank...


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