Wakulla Bank Closed

Due to its extremely high percentage (14%+) of non-performing assets, Wakulla Bank was closed on October 1st, 2010, by the Florida Office of Financial Regulation. The FDIC was named receiver.

Centennial Bank (Conway, AR) is assuming Wakulla Bank. Former Wakulla Bank locations will reopen as Centennial Bank locations. You can learn more about Centennial Bank at www.my100bank.com.

To see the FDIC press release, go HERE.

If you are a Wakulla Bank customer, you may want to read A Borrower's Guide to an FDIC Insured Bank Failure.