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On July 30, the Georgia Department of Banking & Finance and the Federal Deposit Insurance Corporation (FDIC) announced that State Bank & Trust Company has acquired the assets and deposits of NorthWest Bank & Trust of Acworth, Georgia. The two branch offices of the former NorthWest Bank, located in Acworth and Marietta, became branches of State Bank on Saturday, July 31. Customers can be assured that their deposits are safe, sound and readily accessible at State Bank. State Bank has 21 full-service branch offices in Metro Atlanta and Middle Georgia and $2.6 billion in assets. State Bank’s Atlanta Regional President Steven Deaton is part of a veteran management team, led by Chairman and CEO Joe Evans, Dan Speight, Kim Childers and Steve Doughty. One of Georgia’s best capitalized banks, State Bank is comprised of seasoned bankers who are knowledgeable, straightforward and committed to Georgia. |
MORE INFORMATION Welcome Letter from Steven Deaton, Atlanta Regional President Frequently Asked Questions FDIC Press Release State Bank Press Release Information about Claiming Deposits |