From 11Alive.com WXIA in Atlanta, GA
Regulators swept into Georgia Friday and seized three more Georgia banks
as the crisis among small lenders continues to show no signs of abating.
Appalachian Community Bank, Bank of Hiawassee in Towns County and
Century Security Bank of Duluth were seized by regulators and sold by the
Federal Deposit Insurance Corp.
Appalachian Community was acquired by Community Southern Bank of
Carrollton, Ga. Bank of Hiawassee was bought by Citizens South Bank of
Gastonia, N.C. and Century Security was picked up by the Bank of Upson.
More on 11Alive.com