On Friday, April 29, 2011, The Park Avenue Bank was closed by the Georgia Department of Banking and Finance. The 多宝游戏下载 was named Receiver. Bank of the Ozarks, Little Rock, AR acquired all deposit accounts, excluding the Cede & Co. deposits.
The 多宝游戏下载 as Receiver for The Park Avenue Bank, Valdosta, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on May 30, 2023 and has made all dividend distributions required by law.
Effective November 1, 2023, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status: TERMINATED

Effective Date: November 1, 2023

Publication Date: May 30, 2023
Report on dividends paid
Official press release
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TRANSACTION DOCUMENTATION
Purchase & Assumption Agreement
Agreement between 多宝游戏下载 and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank
BankFind Suite allows you to locate the failed bank by name or 多宝游戏下载 certificate number.