On Friday, October 22, 2010 United Bank announced it entered into a purchase and assumption agreement with the FDIC to assume all deposits and approximately $131 million in assets of First National Bank based in Barnesville, Georgia. United Bank purchased both insured and uninsured deposits and therefore all First National Bank depositor accounts will be honored in full. All former First National Bank locations will open as normal on Saturday, October 23 at their regular times and customers will be able to conduct business as usual.
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