Small Georgia bank under regulatory scrutiny

A small bank in Meriwether County has entered into an order with state and federal regulators to improve operations.

Woodbury-based Woodbury Banking Co. agreed to the “consent order,” which calls on the bank to improve its lending practices and other operational overhauls. The bank’s board adopted the order without admitting or denying any wrongdoing or violations of banking law.

The order was signed last month and made public on Friday by the Federal Deposit Insurance Corp.

Consent orders are regulatory censures designed to improve the health of a bank.

Most of Georgia’s banks are under some form of regulatory order to improve operations.

A bank representative said no one was available to comment about the order.

About the Author

Businesses near Truist Park bank on big All-Star Game boost

Restaurants and other businesses near Truist Park are staffing up, extending hours and planning special events to capture All-Star Game crowds.

Georgia’s First Liberty Building & Loan hit with lawsuits after collapse

Legal troubles are swirling around First Liberty Building & Loan and related firms since the company ceased all business operations in late June.

Tyson Foods subsidiary faces federal fine for deadly Georgia explosion

An explosion inside the boiler room at the chicken plant in Camilla seriously injured two workers and killed a woman outside of the plant last December.

The Latest

Credit: Special

What do you get with a $200,000+ luxury SUV? The options are endless.

As Fulton eyes property tax increase, critics say commercial values too low

California upgraded its film incentive program. How will this affect Georgia?

Featured

Credit: HYOSUB SHIN / AJC

Georgia disability rights advocates fear weakening of U.S. accessibility law

Advocates worry the Department of Energy’s move could be the start of a broader effort by other federal agencies to roll back civil rights rules.

From boycott to ballgame: Baseball’s political All-Star Game saga returns to Georgia

MLB pulled the 2021 All-Star Game from Georgia over the state's voting law, Senate Bill 202. Now it’s back — and Republicans say the return proves they were right all along.

OPINION

Beyoncé’s ‘Cowboy Carter’ tour pushes fans outside the norm

Preparations for the show pushed people out of their comfort zones — into new stores, new communities, a new style of dress, and in some cases, to visit new cities.