PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF CITZENS BANK OF EFFINGHAM, SPRINGFIELD, GEORGIA FEDERAL DEPOSIT INSURANCE CORPORATION and HERITAGEBANK OF THE SOUTH DATED AS OF FEBRUARY...Purchase and Assumption Agreement • February 24th, 2011 • Heritage Financial Group Inc • Savings institution, federally chartered
THIS AGREEMENT, made and entered into as of the 18th day of February, 2011, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of Citizens Bank of Effingham, Springfield, Georgia (the “Receiver”), HERITAGEBANK OF THE SOUTH, organized under the laws of the State of Georgia, and having its principal place of business in Albany. Georgia (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
