Bank Branches › Closed and merged banks › Georgia › Habersham Federal Savings Bank
What happened to Habersham Federal Savings Bank?
Habersham Federal Savings Bank in Atlanta, GA (earlier called Habersham Federal Savings and Loan Association) was merged into Habersham Federal Savings and Loan Association of Cornelia, GA with federal assistance on Jun 30, 1989. The chain runs 2 steps further and ends with no operating bank.
The chain, step by step
From the day it opened to the last entry on record. Each step is one entry in the FDIC's record.
- 1929Habersham Federal Savings and Loan Association opens in Atlanta, GA
- Dec 31, 1984renamed Habersham Federal Savings Bank
- Jun 30, 1989ASSISTED MERGERHabersham Federal Savings Bank was merged into Habersham Federal Savings and Loan Association of Cornelia, GA with federal assistance.FDIC certificate 27924 ends; its business continues under certificate 32671.
- Sep 21, 1989RESOLVEDHabersham Federal Savings and Loan Association of Cornelia, GA was closed in a federal resolution, and its business passed to The First National Bank of Commerce of Commerce, GA.FDIC certificate 32671 ends; its business continues under certificate 2127.
- Jun 25, 2007CLOSEDThe First National Bank of Commerce (by then renamed NBank, National Association) of Commerce, GA closed voluntarily. It did not fail.FDIC certificate 2127 ends.
- NO SUCCESSOR BANK
The FDIC record ends here. No operating bank carries this charter today.
If you still have something from Habersham Federal Savings Bank
A lien that was never released
Habersham Federal Savings and Loan Association was closed in a federal resolution on Sep 21, 1989. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, The First National Bank of Commerce).
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 27924 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.