Alpha Bank and Trust closed by FDIC. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts.

2008 FDIC Insured Failed Banks	October 24, 2008: Alpha Bank & Trust, Alpharetta, GA was closed by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corporation (FDIC) was named Receiver. As of September 30, 2008, Alpha Bank & Trust had total assets of $354.1 million and total deposits of $346.2 million. All insured non-brokered deposit accounts have been transferred to Stearns Bank, N.A., St. Cloud, MN. Alpha Bank & Trust also had approximately $16.8 million in brokered deposits that were not part of this transaction. Stearns Bank National Association 4191 Second Street South Saint Cloud, MN 56303 History: Established on 5/8/2006 as Alpha Bank & Trust ► Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage. ► It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account. ► For assistance tracing and reclaiming a lost bank account, certificate of deposit (CD) or safe deposit box go to: Unclaimed Account Search
Alpha Bank & Trust 3625 Brookside Parkway Alpharetta, GA 30022
Established as Alpha Bank & Trust
Cost to FDIC: $158 million

Alpha Bank & Trust - Alpharetta, GA

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