CommunitySouth Bank and Trust
| Status: | Inactive as of 01/21/2011 |
| Absorption - Assisted | |
| Successor Bank: | CertusBank |
| Headquarters: | CommunitySouth Bank and Trust 6650 Calhoun Memorial Highway Easley, SC 29640 |
| Established: | 01/18/2005 |
| FDIC Insurance: | 01/18/2005 |
| FDIC Cert: | #57868 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $340,986,000 |
| Total Deposits: | $314,250,000 |
History
| 2005-01-18 | Institution established: Original name:CommunitySouth Bank and Trust | |
| 2011-01-21 | Failed. Acquired with government financial assistance and subsequently operated as part of CertusBank, National Association (59028) | |
| 2011-01-21 | Institution established: Original name:CertusBank, National Association (59028) | |
| 2011-05-20 | Acquired First Georgia Banking Company (57647) in FRANKLIN, GA as part of a government assisted transaction. | |
| 2011-05-20 | Acquired Atlantic Southern Bank (57213) in MACON, GA as part of a government assisted transaction. | |
| 2012-11-16 | Acquired Hometown Community Bank (57928) in BRASELTON, GA as part of a government assisted transaction. | |
| 2012-12-10 | Reorganized. | |
| 2013-02-07 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 2013-04-26 | Acquired Parkway Bank (57158) in LENOIR, NC as part of a government assisted transaction. | |
| 2015-10-23 | Voluntarily relinquished FDIC insurance | |
| 2015-10-23 | Changed institution class to NONINSURED COMMERCIAL INSTITUTIONS | |
| 2015-11-02 | Closed voluntarily and liquidated its assets. |