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Georgia's First Piedmont Bank becomes the 54th U.S. bank to fail this year. Total assets were...

Jul. 17, 2009 5:54 PM ETBy: Jason Aycock, SA News Editor1 Comment
Georgia's First Piedmont Bank becomes the 54th U.S. bank to fail this year. Total assets were $115M; the cost to the FDIC's insurance fund will be $29M.

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WHy are so many of these in Georgia?
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