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$1 Billion Bank in GA Fails

Posted by admin on Saturday, July 24th 2010

24
Jul

Regulators on Friday shut down Jasper-based Crescent Bank & Trust.

It had $1 billion in assets and $965 million in deposits.

Renasant Bank, of Tupelo, Miss., acquired Crescent in a loss-share transaction with the Federal Deposit Insurance Corp.

More: continued here

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