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Authorities Abruptly Shut Down Georgia Lender in Second Bank Failure of 2026

Summary by The Daily Hodl
Regulators have abruptly shuttered the doors of a Georgia-based bank in the second bank failure of the year. The Federal Deposit Insurance Corporation (FDIC) says the Georgia Department of Banking and Finance has closed the Community Bank and Trust – West Georgia of LaGrange. The FDIC says it has been appointed as the receiver and has entered into an agreement with Anchor Bank of Palm Beach Gardens, which will assume all insured deposits while a…
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The Daily Hodl broke the news on Monday, May 11, 2026.
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