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4 Banks Closed on Jan. 21

The Bank of Asheville, N.C., was closed by the North Carolina Office of Commissioner of Banks, which appointed the Federal Deposit Insurance Corporation as receiver. CommunitySouth Bank and Trust, Easley, S.C. was closed. The FDIC created the Deposit Insurance National Bank of McDonough, which will remain open until Jan. 28 to allow depositors access to their insured deposits and time to open accounts at other insured institutions. All government direct deposits, including Social Security checks, have been redirected to United Community Bank, Blairsville.”]

Source: https://www.inforisktoday.com/4-banks-closed-on-jan-21-a-3289

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