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First Bank of Jacksonville, Florida, Closed By Regulators

October 22, 2010 By Bill Zielinski 1 Comment

October 22, 2010 – First Bank of Jacksonville, Jacksonville, Florida, which has been under a consent order since November 2009, was closed today by the Florida Office of Financial Regulation.  First Bank had been attempting to raise $5 million in a private stock placement to fulfill regulators demands to increase capital, but was unable to […]

Filed Under: Bank Failure, Banking News, Failed Banks, featured, Financial Crisis, problem banks, TARP Program Tagged With: Ameris Bank buys failed First Bank, First Bank of Jacksonville bought by bank owing TARP money

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