First Cherokee State Bank, GA, Closed By Regulators

Georgia, which had the most bank failures of any state during 2011, looks like it may retain this dubious record for 2012.  Regulators closed two banks in Georgia today, bringing the year to date total of bank failures in the State to eight, representing 22% of bank failures this year.  During 2011, Georgia accounted for […]

Georgia Trust Bank Fails – Feds Sell Bank To Community & Southern Bank

Georgia continues to lead the nation with bank failures as regulators closed two more failed banks in Georgia.  The latest bank to fail in the State was the Georgia Trust Bank, Buford, GA.  For the year a total of eight banks have failed in Georgia, making the State the capital of U.S. bank failures and […]