Security Bank News

H. Averett Walker used hot money to turn Security Bank from a sleepy Southern lender into a regional powerhouse.

Macon police have charged five people in connection with six armed robberies between Dec.

Macon police say a bank robbery suspect was arrested when he checked into a Pennsylvania motel using paint-dyed money.

After opening the inaugural Georgia state criterium championship Saturday on the streets of downtown Macon, the race weekend came to a close Sunday with a challenging road race that spanned across Bibb, Twiggs and Wilkinson counties.

A gunman wearing a stocking mask robbed Security Bank, 4699 Log Cabin Drive, just before 3:30 p.m. today, according to the Macon police.

Five of the 13 community banks doing business in Cherokee County are treading dangerous waters, according to an industry measure of banksa health known as the a oeTexas ratio.a Many of those banks have been treading water for months, and some analysts are questioning how accurate that ratio is in the current economic environment.

A former bank executive has filed a lawsuit against Macon-based Security Bank alleging breach of contract and that the bank owes him nearly $600,000 in unpaid compensation.

Marsh Communications LLC, a financial services investor relations and PR firm, announced that it has begun new communications partnerships with Provident New York Bancorp , the Montebello, N.Y.-based parent company of Provident Bank, and Security Bank Corporation , the holding company of Security Bank, headquartered in Macon, Ga.

Credit problems at Georgia banks increased 10 percent during the first quarter of 2009, the slowest rate since the banking crisis began in late 2007, according to new regulatory data.

Macon-based Security Bank Corporation announced Friday it has agreed to cease-and-desist orders with the FDIC and Georgia's banking department on its lending and capital policies.

Security Bank Corp. reported Friday its trimmed its loss in the first quarter, but most of its bank units are now under a cease and desist order from the FDIC and Georgia Department of Banking and Finance .

Security Bank Corp. 's poor performance in 2008 has been met with pay cuts for its senior executive team.

Gala 36th Annual Greater North Fulton Chamber of Commerce Chairman's Gala Verizon Wireless Amphitheatre at Encore Park Saturday, April 18 6:30 p.m.: Reception 7:30 p.m.: Dinner & awards program 9 p.m.: After Party & backstage tours March 27, 2009 Alpharetta - Baby sitters probably won't make quite as much money from attendees of this year's Greater ...

Two troubled Georgia banks that reported big losses last year have been hit with more bad news.

A big sign in The Highlands neighborhood shows a family relaxing together in green grass underneath the caption "Enjoy the good life!" But the sign stands in front of great mounds of exposed red earth and blocks of empty lots.

Security Bank says it's been hit so hard by falling real-estate values that its accountants aren't sure it can continue "as a going concern." The Macon-based company made that statement in a report filed Monday with the federal Securities and Exchange Commission.

Macon-based Security Bank Corp., which continues to deal with deterioration in the real estate market that started in 2007, has issued its 2008 annual report, which indicates some serious concerns.

CoroWare, Inc. announced today that Jon Mandrell has been promoted to Vice President and appointed a seat on the Board of Directors of CoroWare, Inc.

The auditor for Security Bank Corp. , the state's fourth largest bank, has doubts about the institution's ability to survive as a going concern, according to the company's annual report filed Tuesday with the ...

Corus Bankshares Inc. , the Chicago-based condo lender with a half-billion dollars of Atlanta loan exposure, has been placed under a new regulatory oversight plan by the Federal Reserve Bank of Chicago .