Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

First Commerce Community Bank - Douglasville, GA

Georgia  search for missing money or a lost bank account

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Unclaimed  bank account search Georgia First Commerce Community Bank

September 17, 2010: First Commerce Community Bank, Douglasville, GA was closed by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding the Cede & Co. deposits, have been transferred to Community & Southern Bank, Carrollton, Georgia

Community & Southern Bank
201 Maple Street
Carrollton, GA 30117

History:

Established in 2003 as First Commerce Community Bank

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 or safe deposit box go to: Unclaimed Asset Search

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
First Commerce Community Bank
9001 Hospital Drive
Douglasville, GA 30134

 
 

Established
as
First Commerce Community Bank
 

 
 
 
 
Cost to FDIC: $71 million

 

 


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