FDIC orders 4 Georgia banks to raise capital
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ATLANTA (AP) — The Federal Deposit Insurance Corp. has ordered four banks in Georgia to raise capital, clear bad loans off the books and improve lending practices.
The action by the FDIC was taken from mid-April to early May, but has just recently been made public.
The banks are Community Bank & Trust in Cornelia; Gordon Bank in Gordon; Crescent Bank and Trust in Jasper; and Farmers & Merchants Bank in Lakeland.
In the past year, 14 Georgia banks have been shut down by regulators, more than in any other state, including two last Friday.
The depressed real estate market is largely blamed for the states banking woes.
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Information from: The Atlanta Journal-Constitution, http://www.ajc.com
Authorities trying to identity skeletal remains
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LAWRENCEVILLE, Ga. (AP) — Gwinnett County police say they are trying to identify the skeletal remains of a man found in woods near Georgia 316.
Police spokesman Cpl. David Schiralli said Tuesday the cause of death also isn’t known.
Schiralli said employees of a tree service were working in some woods near the Barrow County line when they found the scattered bones on Monday.
The remains have been sent to the state Crime Lab for identification and cause of death.
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Information from: The Atlanta Journal-Constitution, http://www.ajc.com
Local News
July 1, 2009
<img src = "http://valdosta.sgaonline.com/headlines/newsofthehour.gif" /> State News
- Local News
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- Citizens seek answers from Sumter BOE
- Brooks: ‘I will continue to put students first’
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Beloved dog ‘walking dead’
- State News: NRC approves first new nuclear plant in 3 decades
- Valentine’s Special
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Students learn team play, games at Sumter Elementary
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Meeting and making history
- Morning clouds, afternnoon sunshine today
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Lost in time
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Sumter Gymnastics bring home first places
The Sumter County Gymnastics Academy team has entered its competition season for 2012. They attended two meets in January and brought home first places awards in both.
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