Global Commerce Bank, Doraville, GA, Becomes Third Georgia Banking Failure of 2012

Georgia was the epicenter of banking failures last year and the trend seems to be continuing in 2012 as regulators close another failed Georgia bank.  During 2011 Georgia had 23 bank failures, accounting for 25% of all 92 bank failures that occurred last year.  Of the 12 failed banks this year, three have been in […]

American Trust Bank, Roswell, GA, Collapses Under Bad Loans

February 4, 2011 – Georgia, one of the epicenters of bank failures last year, continues to lead the nation again this year.  Four out of the thirteen banking failures thus far in 2011 have occurred in Georgia. American Trust Bank, Roswell, Georgia, was closed by the Georgia Department of Banking and Finance, which appointed the […]