Enterprise Banking Co. shut down in Wilcox County - WALB.com, Albany News, Weather, Sports

Enterprise Banking Co. shut down in Wilcox County

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Tifton schools get renovations

    Tifton schools get renovations

    Thursday, July 24 2014 11:10 AM EDT2014-07-24 15:10:57 GMT
    Eighth Street Middle School has new ceilings and renovated hallways, and  Matt Wilson is getting improvements too.More >>
    Eighth Street Middle School has new ceilings and renovated hallways, and  Matt Wilson is getting improvements too.More >>
  • 9-year-old raises funds for Flint RiverQuarium

    9-year-old raises funds for Flint RiverQuarium

    Thursday, July 24 2014 10:30 AM EDT2014-07-24 14:30:46 GMT
    The Flint RiverQuarium has more funds for feeding its animals thanks to the efforts of one 9-year-old girl.More >>
    The Flint RiverQuarium has more funds for feeding its animals thanks to the efforts of one 9-year-old girl.More >>
  • Metro Albany's jobless rate climbs .3%

    Metro Albany's jobless rate climbs .3%

    Thursday, July 24 2014 8:54 AM EDT2014-07-24 12:54:21 GMT
    Information from The Georgia Department of Labor- The Georgia Department of Labor says Metro Albany's unemployment rate increased to 8.7 percent in June, up three-tenths of a percentage point from 8.4More >>
    The rate increased because of seasonal factors, such as the summer job loss among non-contract school workers and temporary layoffs, primarily in manufacturing. There were 60,500 jobs in Albany in June, down by 300, or 0.5 percent, from 60,800 in May. Most of the loss came in state government and the service-related industries.More >>

By Cade Fowler - bio | email

ABBEVILLE, GA (WALB) – A Wilcox County bank has joined a growing list of failed financial intuitions shut down throughout the state.

Regulators on Friday closed Enterprise Banking Company in Abbeville. The Wilcox County location and the bank's headquarters in Henry County were shutdown after the FDIC was unable to find a buyer.

All insured depositors are urged to transfer their funds to other banks. The FDIC will remain over the bank until January 28th. 

The FDIC has information for customers that can accessed by clicking here.

Enterprise Banking Co. is the second bank to fail in Georgia this year. Last year 21 FDIC insured banks were shutdown in Georgia.

 

©2011 WALB News. All rights reserved.   Feedback