Moultrie Federal Savings Bank

Status:Inactive as of 06/15/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Moultrie Savings Bank, F.S.B.
Headquarters:Moultrie Federal Savings Bank
25 Second Avenue S W
Moultrie, GA 31768
Established:01/01/1930
FDIC Insurance:08/09/1989
FDIC Cert:#27890
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$65,753,000
Total Deposits:$52,651,000

History

1930-01-01Institution established: Original name:Moultrie Federal Savings and Loan Association
1987-05-31Changed organization type to MUTUAL SAVINGS BANK
1987-05-31Changed name to Moultrie Federal Savings Bank
1990-06-15Failed, went into receivership, and then became part of Moultrie Savings Bank, F.S.B. (33085)
1990-06-15Institution established: Original name:Moultrie Savings Bank, F.S.B. (33085)
1990-06-15Placed into government conservatorship.
1991-01-04Acquired after government financial assistance and subsequently operated as part of Moultrie National Bank (2147)
1991-01-04Government conservatorship or bridge bank resolved.
1994-10-01Changed name to Southwest Georgia Bank, National Association (2147)
1994-12-02Acquired Baker County Bank (5692) in NEWTON, GA
1994-12-30Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
1994-12-30Changed name to Southwest Georgia Bank (2147)
2000-08-01Reorganized.
2003-08-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2003-08-01Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2004-02-28Acquired Sylvester Banking Company (159) in SYLVESTER, GA
2020-04-03Merged into and subsequently operated as part of The First, A National Banking Association (34217) in HATTIESBURG, MS