Officials Friday said Sunrise Bank's three branches have been closed and will reopen Saturday as Synovus Bank branches. LaJuan Williams-Young, department spokesman, says customer accounts will automatically be transferred to Synovus Bank and customers are not expected to experience any disruptions in service.
Synovus has agreed to purchase about $13.2 million of the bank's failed assets.
Officials say deposits by Sunrise Bank customers will continue being insured by the Federal Deposit Insurance Corp.
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