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Decatur First Bank

Tuesday, July 31, 2012

What Should Go Here? Decatur First Bank

The building on Commerce Drive has been vacant since last fall.

This building on Commerce Drive used to be the headquarters for Decatur First Bank. Decatur First folded last October and the Georgia Department of Banking and Finance took over. Fidelity Bank assumed the deposits and occupied the building for a brief period, then vacated because that bank already has plenty of space. Do you have ideas about what could be done with the old Decatur First Bank space? It doesn't have to be a bank building, you know. About this column: Every week or so, we'll post a picture of a vacant store or lot in Decatur and Avondale Estates. You can tell us what you think should replace the empty space. Know of an empty building we should highlight? E-mail ralph.ellis@patch.com. Here are some previous articles that asked…

Jane Ayres

8:15 pm on Tuesday, July 31, 2012

How about a brewpub? You could see the shiny vats and equipment through the windows , vault for storage, already some parking... Decatur certainly can handle more BEER!   more ›

Friday, April 20, 2012

Bank That Acquired Decatur First Earned $53 Million in First Quarter

Fidelity Southern Corp. Chairman: The integration of Decatur First has been successful and we are glad to have been able to broaden our market outreach in our home market of Decatur.

Saturday, January 14, 2012

The Private Bank of Decatur Wants To Lease A Spot in The Middle of Town

The bank has signed a letter of intent for One Decatur Town Square.

  Decatur's newest banking operation plans to move into office space in the middle of downtown. The Private Bank of Decatur President Judy Turner said Saturday that the bank has signed a letter of intent to rent ground floor space at One Decatur Town Square, a building at 150 E. Ponce de Leon Ave. The bank offices will face Parkers on Ponce restaurant on one side and East Ponce de Leon Avenue on the other, she said. The bank only needs regulatory approval before signing the lease. She said the space is attractive because it formerly housed C&S Bank and NationsBank and already has a vault, which is one of the most expensive features of starting a bank. She's hopeful the branch will open by April. "I think it will be pretty easy to remodel…

taxus

12:59 pm on Sunday, January 15, 2012

I find it ironic that DFB - formerly THE community bank of Decatur - was lending the deposits of liberal Democrats to borrowers for homes in the development of one of the biggest GOP fundraisers in the country. And the skipper of that sunken ship is back at the helm with all the blessings of the FDIC and Mr Baskett.   more ›

Wednesday, January 4, 2012

New Bank President Hopes To Lease Space Soon, Open By April

Judy Turner, formerly of Decatur First Bank, will be the president of the Private Bank of Decatur.

The Private Bank of Buckhead is moving ahead with plans to open a branch in Decatur, and new branch president Judy Turner hopes to secure office space by the end of the week and open for business in April. "We have proposals from several different landlords in Decatur," Turner said Tuesday in a telephone interview. "I'm hoping by the end of the week we'll have a lease signed." The branch, which will be named the Private Bank of Decatur, is looking for about 5,000 square feet on the ground floor of a building, she said. That amount of space would allow the bank to have about 10 employees. However, she said most of the available office space in Decatur is in the 2,300-3,000 square feet range. One of the familiar faces will be Melanie Funk, …

Monday, October 24, 2011

Daily PatchCast: Decatur Bank Turmoil, Clifton Corridor Hearing, Huge Weekend In Metro Atlanta

The day's top headlines for Monday, October 24, 2011

Bad Loans Outside DeKalb Brought Down Decatur First, Bank Chairman Says. Final Clifton Corridor Meeting On Tuesday. Stone Mountain Sorority Hosts Domestic Violence Vigil. Buckhead Traditions Celebrated At Party In The Pasture. Woodland Elementary Celebrates 40 Years. Southwest Atlanta Schoolchildren Shine In Community Parade. Photos Of The Dunwoody Music Festival. Little 5 Points Celebrates Halloween. Taste Of Atlanta Hits Midtown. Boy Scouts Host Pumpkin Patch At Briarcliff United Methodist.

Friday, October 21, 2011

Decatur First Bank Closes, Fidelity Bank Assumes Deposits

The Georgia Department of Banking and Finance shut down the bank earlier today. The five Decatur First branches will reopen tomorrow as Fidelity Bank branches.

Decatur First Bank was closed today by the Georgia Department of Banking and Finance, which appointed the Federal Deposit Insurance Corporation as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Fidelity Bank to assume all of the deposits of Decatur First Bank. The five branches of Decatur First Bank will reopen during their normal business hours tomorrow as branches of Fidelity Bank. Depositors of Decatur First Bank will automatically become depositors of Fidelity. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship in order to retain their deposit insurance coverage up to applicable limits. Customers of Decatur First …

Diane Loupe

9:27 pm on Friday, October 21, 2011

Last year, the AJC reported that Decatur First was on the "troubled bank" list "based on a measure of bank health known as the "Texas ratio." " http://decatur.patch.com/articles/decatur-first-bank-closes-fidelity-bank-assumes-deposits#comments   more ›

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