Bank failure · GA
Community Bank of West Georgia (Villa Rica, GA) — failed June 26, 2009
Community Bank of West Georgia of Villa Rica, Georgia was closed on June 26, 2009 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $201.2M in assets and $189.4M in deposits. The FDIC's estimated loss on the failure is $71.7M (35.6% of assets).
- Closing date
- June 26, 2009
- FDIC certificate #
- 57436
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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