Bank deposits as monitored by te FDIC

Oconee banks and savings and loans recorded total deposits this year exceeding $1.1 billion dollars.  The numbers are contained in the 2015 report from the FDIC and reflect a near $6 million dollar increase from 2014.  Oconee Federal Savings continues its dominance of the local banking community with $268.9 million.  The year 2015 was the first year that Oconee Federal added offices in  Stephens and Rabun counties, Georgia. In those two counties, the bank has $126,7 million in addition to the Oconee deposits. While Community First Bank remains the second largest bank doing business in Oconee, it appears the
legal issues surrounding the bank and a former officer have lead to the lowest level of deposits since a peak in 2012. Then Community First had $290.4 million.  Now it has dropped to $206,5 million. Wells Fargo is third largest with stable deposit levels in recent years while Blue Ridge Bank continues to be the fastest growing bank in Oconee. Its 2015 deposits, according to the FDIC totaled $93.4 million up from nearly $90 million last
year. Since 2007, their Blue Ride Bank deposits have increased nearly $25 million.