The 2006 class of de novo banks will go down as the largest in Georgia history. Beyond that, there’s little to crow about. “There were 19 of us that started that year. About half have failed, and of the ones that remain, about half of those are struggling,” says Charlie Crawford, a 27-year banker and chief executive officer of $200-million asset Private Bank of Buckhead in Atlanta, one of the survivors. “It’s certainly been the toughest period I’ve operated in during my career.” Well over 400 banks have failed nationally since 2007, but few places have felt more pain than...
Please enter your username and password below. If you have not established a password please click “forgot password”.
You have accessed a resource that is only available to Bank Director magazine subscribers and Bank Services members.
To start a subscription to the top resource for bank leaders, click here.
If you are a Bank Services Member, you can access Bank Director by logging in here or entering your magazine passcode and email in the form on the left.