Chipola Community Bank, FL, Closed By Regulators

After going without a banking failure since November 2012, regulators closed two Florida banks on Friday.  Shortly after closing the Heritage Bank of North Florida, regulators closed Chipola Community Bank of Marianna, Florida.  During 2012 a total of eight banks failed in Florida, accounting for 16% of the 51 bank failures nationwide. Chipola Community Bank […]

Heritage Bank of North Florida, FL, Shuttered By Regulators

In the second bank closing of the day, regulators shut down Heritage Bank of North Florida, Orange Park, FL.  The FDIC, appointed as receiver, sold the failed bank to FirstAtlantic Bank, Jacksonville, FL, which will assume all deposits of failed Heritage Bank. Heritage Bank of North Florida was established in 1986 as Clay County Bank.  […]