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  #2  
Old July 1st, 2013, 10:55 AM
Gunjan
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Join Date: Dec 2011
Default Re: FDIC press release century bank

As you want to get FDIC press release century bank so here I am giving you complete process to reach this press release:

Firstly go to the official website of Federal Deposit Insurance Corporation.

On the top of the webpage you will see a tab named ‘News & Events’

Keep your mouse pointer there and a new table will open.
Select ‘Press Releases’ from this.

And you will be able to see all the press releases by FDIC.

As you want to know FDIC press release Century Bank . So here I am gvivng you that:

Century Bank of Georgia, Cartersville, Georgia, Assumes All of the Deposits of Community Bank of Rockmart, Rockmart, Georgia

Community Bank of Rockmart, Rockmart, Georgia, was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Century Bank of Georgia, Cartersville, Georgia, to assume all of the deposits of Community Bank of Rockmart.

In observance of the Veterans' Day holiday, the sole branch of Community Bank of Rockmart will reopen during normal business hours on Saturday, November 12, as a branch of Century Bank of Georgia. Depositors of Community Bank of Rockmart will automatically become depositors of Century Bank of Georgia. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship in order to retain their deposit insurance coverage up to applicable limits. Customers of Community Bank of Rockmart should continue to use their existing branch until they receive notice from Century Bank of Georgia that it has completed systems changes to allow other Century Bank of Georgia branches to process their accounts as well.

To see complete press release you can download the attached word file below:


Contact details:
Federal Deposit Insurance Corporation
550 17th St NW, Washington, DC, United States ‎
+1 877-275-3342 ‎ •

Map:
Attached Files Available for Download
File Type: doc FDIC press release Century Bank.doc (28.0 KB, 35 views)
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  #3  
Old November 2nd, 2015, 09:54 AM
Unregistered
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Default Re: FDIC press release century bank

I want to get complete information about the Federal Deposit Insurance Corporation press release century bank. So here can you provide me information about it?
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  #4  
Old November 2nd, 2015, 09:59 AM
Kesari
Super Moderator
 
Join Date: Dec 2011
Default Re: FDIC press release century bank

I have almost complete information about Federal Deposit Insurance Corporation (FDIC). So here I am telling you abouy it as you want.


Century Bank, Federal Savings Bank, Sarasota, Florida, was closed today by the Office of Thrift Supervision,

As of October 31, 2009, Century Bank, FSB had total assets of $728 million and total deposits of approximately $631 million.

In addition to assuming all of the deposits of the failed bank, IBERIABANK agreed to purchase $706 million of the failed bank's assets.

The Federal Deposit Insurance Corporation accepted a 1.5 percent discount on the deposits of the failed bank from IBERIABANK.

The Federal Deposit Insurance Corporation retained the remaining assets for later disposition.


This evening and over the weekend, depositors of Century Bank can access their money by using ATM or writing checks or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.


Address;
Media Contact:
LaJuan Williams-Dickerson
Office: (202) 898-3876
Email: lwilliams-dickerson@fdic.gov

Press Releases
IBERIABANK, Lafayette, Louisiana, Assumes All of the Deposits of Century Bank, Federal Savings Bank, Sarasota, Florida

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Last edited by Aakashd; August 13th, 2018 at 10:45 AM.
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