Bank failure · GA
American United Bank (Lawrenceville, GA) — failed October 23, 2009
American United Bank of Lawrenceville, Georgia was closed on October 23, 2009 and resolved through a purchase and assumption. Ameris Bank (GA) took over its insured deposits. At failure it held $110.1M in assets and $102.4M in deposits. The FDIC's estimated loss on the failure is $44.0M (40.0% of assets).
- Closing date
- October 23, 2009
- FDIC certificate #
- 57794
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ameris Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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