Bank failure · GA
Unity National Bank (Cartersville, GA) — failed March 26, 2010
Unity National Bank of Cartersville, Georgia was closed on March 26, 2010 and resolved through a purchase and assumption. Bank of the Ozarks (AR) took over its insured deposits. At failure it held $300.6M in assets and $264.3M in deposits. The FDIC's estimated loss on the failure is $73.6M (24.5% of assets).
- Closing date
- March 26, 2010
- FDIC certificate #
- 34678
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of the Ozarks
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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