Posts Tagged “Georgia Banks”

News Sources wrote an interesting post today on
Here’s a quick excerpt
“It does gall you. Just because we’re a little bitty county doesn’t mean we don’t need a bank. It wasn’t our fault.” – Hazel Bedingfield, 79, who now travels 24 miles for her Social Security payment at her new bank You deposit your paycheck on Friday and can’t get money out on Saturday. But don’t worry, the FDIC will cut you a check on Monday morning. Your county commissioner tells the evening news: “The bank failure opens up an opportunity for another bank to set up here. Until then, c

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Georgia, already saddled with the dubious distinction of having more bank failures than any other state over the past year, added two more on Friday. Regulators shut down two small suburban Atlanta banks, Neighborhood Community Bank of Newnan and Community Bank of West Georgia in Villa Rica. The failures are the 13th and 14th in Georgia in the past year. Friday marked the first time that two Georgia banks failed on the same day during that stretch. Georgia Bankers Association Presiden

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