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Montgomery Bank & Trust in Ailey, Georgia was shut down by state banking regulators today,...
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Friday, July 6, 2012, 6:17 PM ETMontgomery Bank & Trust in Ailey, Georgia was shut down by state banking regulators today, becoming the 32nd bank to fail in 2012 and the 6th in Georgia. Ameris Bank (ABCB) will assume all deposits and take over all branches. Montgomery had approximately $173.6M in total assets and $164.4M in total deposits as of March 31.
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