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Georgia Banks Fail

In Georgia, last Friday,  11/12/10, the 17th and 18th bank failures of the yearwere recorded. Vidalia-based Darby Bank & Trust and Tifton Banking Co. of Tifton were seized by the FDIC and sold to Ameris Bank. These two banks are the 47th & 48th banks to fail in Georgia since August 2008. Both will re-open 11/15/10 under Ameris Bank ownership w/o loss to customers

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