WGNB Corp. operates as the holding company for West Georgia National Bank, which provides commercial and consumer banking services in Carroll, Douglas, and Paulding counties in Georgia. The bank accepts checking accounts, NOW accounts, and savings accounts, as well as various time deposits, such as money market accounts and longer-term certificates of deposit. It also offers financial and agricultural loans; real estate loans, including residential and commercial construction loans, and first and second mortgage loans for the acquisition or improvement of personal residences; commercial loans, such as equipment loans, inventory loans, and unsecured working capital lines; and consumer loans for personal and household purposes, including secured and unsecured installment and term loans, and lines of credit. In addition, the bank provides Internet banking services. It offers its services to individuals, and small to medium-sized businesses. The bank invests in U.S. government agencies; mortgage-backed securities; securities of state, county, and municipals; and corporate bonds. As of December 31, 2004, the bank operated seven branch offices and six additional 24-hour ATM sites located in Carroll and Douglas counties in Georgia. The company was founded in 1946 and is based in Carrollton, Georgia.
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