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What happened? Why did the bank fail?

Ocala National Bank, Ocala, FL was closed Friday, January 30, by the Office of the Comptroller of the Currency (OCC). Subsequently, the Federal Deposit Insurance Corporation (FDIC) was appointed Receiver. According to regulatory policy, there is no advance notice given to the public. Please see the Office of the Comptroller of the Currency (OCC) press release for more information.

The good news is that no one lost any deposits as a result of the closure of Ocala National Bank. To protect depositors, the FDIC Board of Directors approved the assumption of ALL of Ocala National Bank's deposits by CenterState Bank of Florida, National Association, headquartered in Winter Haven, FL.



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