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FDIC Information for First Commerce Community Bank, Douglasville, GA
On Friday, September 17, 2010, First Commerce Community Bank, Douglasville, GA was closed by the Georgia Department of Banking and Finance. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
All deposit accounts, excluding certain brokered deposits, have been transferred to Community & Southern Bank, Carrollton, GA. For more information on Community & Southern Bank, visit us at www.thecsbank.com.
The FDIC has assembled useful information regarding your relationship with First Commerce Community Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution.
FDIC Bank Closing Information for First Commerce Community Bank
Online service will remain available.
Important FDIC Announcements
First Commerce Community Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises the current standard maximum deposit insurance amount to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.
Branches and additional offices:
(770) 489-32229001 Hospital Dr Douglasville, GA 30134-2213
(678) 355-04745205 Stilesboro Rd NW Kennesaw, GA 30152-7764