Two small Georgia banks face regulatory action
The Atlanta Journal-Constitution
Two small Georgia banking companies face increased scrutiny from regulators.
Middle Georgia Corp., which operates Central Bank of Ellaville, and FMB Bancshares, which owns Farmers & Merchants Bank in Lakeland, have entered into “written agreements” with the Federal Reserve Bank of Atlanta and the Georgia Department of Banking and Finance.
The orders were executed earlier this month but made public on Thursday. They piggy-back on earlier “cease and desist” orders made by the Federal Deposit Insurance Corp. against the two banks that require a range of financial and operational improvements.
Both Central Bank and Farmers & Merchants have a pool of troubled real estate loans.
Inside ajc.com
Atlanta day trip getaways
Escape from the grind using our list of destinations that require only a tank of gas and a sense of adventure.
Essence of music
Music industry veteran Sylvia Rhone and Kelly Rowland were honored at the Essence Black Women in Music event.
Lady in red
Actress Minka Kelly is among the celebrities who walked the Heart Truth red dress fashion show in New York.
Pass the Haterade
Forbes' list of most disliked athletes is out, and Atlantans will find a familiar face tied for No. 1.
Is that really Lindsay?
Lindsay Lohan arrived at amfAR's annual kickoff to Fashion Week looking not so fresh-faced.
V-Day with the Angels
Victoria's Secret Angels celebrate Valentine's Day while showing off some the lingerie store's goods.
Services »
