Mark Kanaly Quoted on Georgia Bank Failures in Atlanta Business Chronicle
In the Press
January 29, 2010
Mark Kanaly was quoted in an Atlanta Business Chronicle article discussing the seizure and sale of the First National Bank of Georgia to an investment group that subsequently injected more than $90 million into the bank—an amount intended to help cleanse it of its toxic assets. “This transaction brings new capital to the industry at a time it desperately needs it, and brings some incredibly experienced and talented management into the community banking scene,” Kanaly said. “They’ve got a real bank with real customers that serves its market.”