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Atlantic Bank and Trust, Charleston, SC, Becomes 45th Banking Failure

June 3, 2011 By Problem Bank List Staff Leave a Comment

The Atlantic Bank and Trust of Charleston, South Carolina, was closed today by the Office of Thrift Supervision, which appointed the FDIC as receiver.  The FDIC sold the failed Bank to First Citizens Bank and Trust Company, Columbia, South Carolina, which will assume all deposits and purchase all assets of Atlantic Bank and Trust. Atlantic […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, problem banks Tagged With: 45th bank failure, Atlantic Bank and Trust Company, bank failure, FCBN.OB, First Citizens Bancorp, First Citizens Bank and Trust

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