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Midtown, Stockbridge banks seized by feds

ATLANTA - Two banks in Metro Atlanta were taken over by federal regulators Friday, marking the 15th and 16th institutions to fail in Georgia this year.

One Georgia Bank, based in Midtown Atlanta, and Stockbridge-based High Trust Bank were both closed Friday afternoon by federal regulators.

The FDIC says Ameris Bank of Moultrie, GA has acquired both banks, which will open for their normal hours Saturday morning as branches of Ameris Bank. Depositors of both failed institutions will automatically become depositors of Ameris Bank. Deposits have been and will continue to be insured by the FDIC.

High Trust Bank had two branches, one at 280 Country Club Drive in Stockbridge, the other at 135 N. Park Place in Stockbridge. One Georgia Bank was located at 1180 Peachtree Street in Midtown.

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The Children of the Fallen Economy, How you can help the Atlanta Children's Shelter

The Children of the Fallen Economy, How you can help the Atlanta Children's Shelter

In the wake of the country’s economic downward spiral, we wonder, how do we explain to those that don’t understand why their lives are shifted so rapidly and affected by the times? They say “choose wisely for your destiny waits”, but what about those who are afforded no choice? To explain to the little ones that have fallen on hard circumstances that life is unfair would be a disservice. So many children have been affected by the hardships the country has encountered that more and more philanthropies are struggling to provide for them.

The ability to give is just that, a gift. The ability to understand gratitude is fathomed into how much we take for granted and those that have the most should give the most. It’s not the hand you are dealt but the way you play your cards.

A Salute to the Silver Screen; National Black Arts Festival Gala

A Salute to the Silver Screen; National Black Arts Festival Gala

Atlanta -- 

We always have fun at the National Black Arts Festival`s annual summer gala. Last year we feted with our good pal Uri Vaknin at the fabulous Brenda Freeman`s table. We were all decked out in Roaring 20s attire and had a blast. This year`s event is sure to be just as fun - check out the "2011 Gala: A Salute to the Silver Screen," the organization`s major fundraiser, which pays homage to the achievements of African Americans in the film industry on Saturday, July 16 at the Ritz-Carlton, Buckhead. The legendary Lena Horne - among others - will be featured in movie clips at the NBAF gala. Gala Co-Chairs Sonya & Daniel Halpern, Cecilia Houston-Torrence & Leigh Torrence and Stephanie & H.

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MIDTOWN PHOTOS: Harry Potter fans flock to film

ATLANTA -- Die hard Harry Potter fans flocked to Atlantic Station Thursday night to be the first to see the final installment of the popular J.K. Rowling series. 

SANDY SPRINGS: Peachtree cardiac arrest runner thanks his hero

SANDY SPRINGS, Ga. -- Sometimes it's great to be able to say, "Thank you."

Jim Kurtz got that chance Thursday; he was the runner who suffered cardiac arrest towards the finish line of this year's AJC Peachtree Road Race.

RELATED: 2011 Peachtree Highlights

Upon his collapse, nearby runners and watchers notified Marci Searles, an EMT with Grady Memorial Hospital who works the race as a bike team volunteer.

Searles got right to action. Joined soon by another bike team member, she administered CPR and within minutes, brought Kurtz back to life.

"He woke up and said, 'Why do you have your hands on my chest?'" Searles recalled. "I said, 'I'm performing CPR.' He said, 'On who?'

"I said, 'On you ...'"

Atlanta to create 311 help line

ATLANTA -- Atlanta Mayor Kasim Reed is among five U.S. mayors splitting $24 million in grants to address pressing challenges in their cities, from homelessness to gun violence.

Billionaire New York City Mayor Michael Bloomberg announced the grants as part of the Mayors Project, a new program at Bloomberg Philanthropies. Other cities participating in the program are Chicago, Louisville, Ky.; Memphis, Tenn.; and New Orleans. All have mayors in the first 18 months of their first terms in office.

The money will pay the salaries of teams who'll help design and carry out the plans. Each city chose two initiatives to tackle over the next three years.

Reed says Atlanta will use its $3.3 million to create a 311 phone system to improve customer service and reduce homelessness and panhandling in the city.