Citizens Bank of Effingham Georgia shut down by FDIC. Accounts transferred to Heritage Bank of Georgia. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts

	February 18, 2011: Citizens Bank of Effingham, Springfield, GA was closed by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corporation was named receiver. Successor Bank: All deposit accounts, excluding certain brokered deposits, have been transferred to Heritage Bank of the South, Albany, Georgia Heritage Bank of the South 721 North Westover Boulevard Albany, GA 31707 History: Established in 1998 as Citizens Bank Of Effingham ► Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage. ► It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account. ► For assistance tracing and reclaiming a lost bank account or safe deposit box go to: Missing Money Claims
2010 FDIC Insured Failed Banks




Citizens Bank of Effingham 802 South Laurel Street Springfield, GA 31329
Established as Citizens Bank Of Effingham




Cost to FDIC: $158 million