Allendale County Bank - Fairfax, SC

Trace a Missing or Unclaimed Savings Account, IRA or CD

Unclaimed Money at Allendale County Bank

Allendale County Bank Unclaimed Account, CD and Safe Deposit Box Search

Lost bank account, lost safe deposit box and missing CD search - Allendale County Bank

2014 FDIC Insured Failed Banks

April 25, 2014:  Allendale County Bank, Fairfax, SC was closed by the South Carolina State Board of Financial Institutions. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, including brokered deposits, have been transferred to Palmetto State Bank, Hampton, South Carolina

Palmetto State Bank
601 First Street, West
Hampton, SC 29924

History:  Established in 1933 as Fairfax Bank and Trust Company
Changed name to Allendale County Bank

Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage.

It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account.

For assistance tracing and reclaiming a lost bank account, certificate of deposit (CD) or safe deposit box go to: Unclaimed Account Search

Allendale County Bank
SE 200 7th St West
Fairfax, SC 29827
Established
as
Fairfax Bank and Trust Company
Cost to FDIC: $17 million


 

2008-2015 FAILED BANK REPORTER