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On April 24, 2009, Georgia Department of Banking and Finance shut down American Southern Bank, marking the 26th bank failure of 2009 in the United States, and the 51st since the beginning of the recession, as the credit crunch continued to spread through the economy. Bank of North Georgia of Alpharetta, Georgia, assumed all of the deposits. As ...
[3] [4] The foreclosure crisis caused significant investor fear in the U.S. [5] A 2014 study published in the American Journal of Public Health linked the foreclosure crisis to an increase in suicide rates. [6] [7] One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. [8] [9]
Patriot Bank of Georgia Cumming Georgia September 2, 2011: Georgia Commerce Bank 150.8 70 CreekSide Bank Woodstock Georgia September 2, 2011: Georgia Community Bank 102.3 71 First National Bank of Florida Milton Florida September 9, 2011: Charter Bank 296.8 72 Bank of the Commonwealth Norfolk Virginia September 23, 2011: Southern Bank and Trust ...
By removing the $2,000 minimum threshold for foreclosure, the bill aims to protect property owners from losing their homes over association fees and “address concerns about the potential abuse ...
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The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs across 11 southeastern states and Washington, D.C. [3] The bank's primary businesses included deposits, lending, credit cards, and trust and investment services ...