On Friday, September 9, 2011, The First National Bank of Florida was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. CharterBank, West Point, GA acquired all deposit accounts.
The FDIC as Receiver for The First National Bank of Florida, Milton, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on July 31, 2017 and has made all dividend distributions required by law.
Effective December 1, 2017, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status: TERMINATED
Notice of Termination
Notice of Intent to Terminate
Dividend Information
Press Release
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: CHARTERBANK
About CharterBank
All deposit accounts, including brokered deposits, were transferred to CharterBank, West Point, GA ("assuming institution"). Former The First National Bank of Florida locations reopened as branches of CharterBank.
Your transferred deposits were separately insured from any accounts you may have already had at CharterBank for at least six months after the failure of The First National Bank of Florida.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with CharterBank as long as the deposits are not pledged as collateral for loans.
Contacting CharterBank
You can contact CharterBank:
CharterBank
600 Third Avenue
West Point, GA 31833
Transaction Documentation
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank