Community Capital Bank, Jonesboro, GA, Closed By Regulators

State regulators closed Community Capital Bank of Jonesboro, GA, today and appointed the FDIC as receiver. The FDIC sold the failed bank to State Bank and Trust Company, Macon, GA, which will assume all deposits and purchase all assets of Community Capital Bank. Community Capital Bank began operations in August 2002.  The Bank was owned […]

Piedmont Community Bank of Georgia Fails, Taken Over By State Bank and Trust Co

Georgia, the state with the most banking failures for 2011, saw another banking failure today with the closing of Piedmont Community Bank.  The failure of Piedmont becomes the 20th banking failure of the year in Georgia, which now accounts for 26% of all bank failures in 2011. The Georgia Department of Banking, which closed Piedmont […]