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Two more Georgia banks failed—First Choice Community Bank of Dallas and The Park Avenue Bank of Valdosta—and both were acquired by the same Arkansas banking company.
First Choice Community Bank and The Park Avenue Bank are the 60th and 61st Georgia banks to fail since August 2008. This year, 10 Georgia banks have failed
Both failed banks were acquired today by Bank of the Ozarks of Little Rock, Ark., which has been one of the most active buyers of Georgia banks.
The Georgia Department of Banking and Finance closed two financial institutions on Friday, and the Federal Deposit Insurance...


Zip Code: 30033
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