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On November 16, 2012, CertusBank acquired the assets of Hometown Community Bank of Braselton, Georgia under a Purchase and Assumption Agreement with the FDIC. [6] At the close of business on November 16, 2012, Hometown Community Bank was closed by the Georgia Department of Banking and Finance, and the FDIC was appointed Receiver. Simultaneously ...
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A community bank is a depository institution that is typically locally owned and operated. [citation needed] Community banks tend to focus on the needs of the businesses and families where the bank holds branches and offices. Lending decisions are made by people who understand the local needs of families, businesses, and farmers.
Mar. 11—CORBIN — The funding efforts to build a farmers market pavilion in downtown Corbin received a significant boost recently, as Corbin Director Maggy Kriebel announced Hometown Bank has ...
The Liberty Bank Foundation was established in 1997 to provide grants to non-profit organizations which improve the quality of life for people of low or moderate income. [1] In 2001, Liberty Bank merged with Hometown Bank, [5] gaining their three offices, and added another new branch.
Community banking is a form of empowerment-based economics which falls under the larger umbrella of micro-finance.Micro-finance as a whole is focused on the entrepreneurship of individuals, generally with a goal of lifting low-income or disadvantaged groups out of poverty and providing the means for them to prosper. [3]
The bank changed its fourth-quarter loss to $2.7 billion due to a $2.4 billion goodwill charge linked to historical transactions from 2007 and earlier, according to an SEC filing.
Home BancShares, Inc., operating as Centennial Bank, is a bank holding company based in Conway, Arkansas.It is on the list of largest banks in the United States.The bank operates 222 branches in Arkansas, Alabama, Florida,Texas, and New York City.