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Bank of Ellijay, Ellijay, Georgia, Fails

September 17, 2010 By Bill Zielinski Leave a Comment

September 17, 2010 – The Bank of Ellijay, Ellijay, Georgia, was closed today by the Georgia Department of Banking and Finance and the FDIC was named as receiver. The Bank of Ellijay was acquired by Community & Southern Bank, Carrollton, Georgia under a purchase and assumption agreement with the FDIC.  Community & Southern will assume […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, FDIC insurance, Financial Crisis, Loss share transactions, problem banks Tagged With: bank of ellijay, Community & Southern acquires Ellijay Bank

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