On Friday, August 19, 2016, The Woodbury Banking Company was closed by the Georgia Department of Banking and Finance. The FDIC was named Receiver. United Bank, Zebulon, GA acquired all deposit accounts.
The FDIC as Receiver for The Woodbury Banking Company, Woodbury, GA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on August 20th, 2018 and has made all dividend distributions required by law.
Effective December 1, 2018, 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
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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: UNITED BANK
About United Bank
All deposit accounts, including brokered deposits, were transferred to United Bank, Zebulon, GA ("assuming institution"). Former The Woodbury Banking Company locations reopened as branches of United Bank.
Your transferred deposits were separately insured from any accounts you may have already had at United Bank for at least six months after the failure of The Woodbury Banking Company.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with United Bank as long as the deposits are not pledged as collateral for loans.
Contacting United Bank
You can contact United Bank:
United Bank
685 Griffin Street
Zebulon, GA 30295
United Bank (www.accessunited.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF (1MB)
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank