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Omni National Bank was shut down on Friday by the OCC (Office of the Comptroller of the Currency). The OCC appointed the FDIC as receiver.

Omni National Bank had total assets of $956.0 million and total deposits of $796.8 million. At the time of closing, there were approximately $2.0 million in uninsured deposits that potentially exceeded the insurance limits (S.O.L). Omni National had a total of 6 branches in Atlanta, Dalton, Tampa, Chicago, Dallas, Houston,

The FDIC entered into an agreement with Sun Trust Bank, who will operate the branch offices. Clients of Omni can choose to open an account with Sun Trust or close their account and receive a check for their insured deposits.

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