Georgia bank is closed by FDIC
Times Wire Reports
Regulators have shut down First Georgia Community Bank, the 23rd U.S. bank to fail this year.
The Federal Deposit Insurance Corp. has been appointed receiver of the bank, located in Jackson. It had $237.5 million in assets and $197.4 million in deposits as of Nov. 7. Customers will still have full access to their deposits, the FDIC said.
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