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Real Estate & Property Law

: Housing Wire

Georgia?s Community Bank Succumbs to C&D Exposure

By PAUL JACKSON

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Loganville, Ga.-based The Community Bank was closed Friday by the Georgia Department of Banking and Finance, becoming the latest bank to head into the hands of the Federal Deposit Insurance Corporation. The failed bank’s deposits will be assumed by fellow Georgia banking institution Bank of Essex, according to an FDIC statement late Friday. The Community Bank [...]

Full post as published by Housing Wire on November 21, 2008 (boomark / email).

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