Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

 North Georgia Bank - Watkinsville, GA

Georgia search for missing money or a lost bank account

GA unclaimed money search

Unclaimed  bank account search - GA  North Georgia Bank

February 4, 2011: North Georgia Bank, Watkinsville, GA was closed by the Georgia Department of Banking & Finance. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding Internet Certificates of Deposit (CD) and Brokered deposits, have been transferred to BankSouth, Greensboro, GA

BankSouth
200 North East Street
Greensboro, GA 30642
 

History: Established in 2000 as North Georgia 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 Property Search

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
North Georgia Bank
7911 Macon Highway
Watkinsville, GA 30677

 
 

Established
as
North Georgia Bank
 

 
 
 
 
Cost to FDIC: $35 million

 

 
 

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