2013 Bank Failures ...
Texas Community Bank
Bank of Jackson County
Bank of Arizona
Community South Bank
Mountain National Bank
1st Commerce Bank
Bank of Kenosha
Central Arizona Bank
Sunrise Bank GA
Pisgah Community Bank
Douglas County Bank
Chipola Community Bank
Heritage Bank N Florida
First Federal Bank
Gold Canyon Bank
1st Regents Bank
There are time limits on claims of
FDIC-insured bank accounts, CDs and safe deposit boxes ...
insured depositor fails to make a claim an insured or transferred deposit
within 18 months after the FDIC initiates the payment of insured deposits,
the transferee institution must refund the deposit to the FDIC, and all
rights of the depositor against the transferee institution are barred.
The FDIC then remits the insured deposit to the custody of the unclaimed
property administrator in the account owner's home state, unless that
state declines to accept custody. Upon delivery, the FDIC is deemed to
have made payment to the depositor, and all rights of the depositor
against the FDIC are barred.
Most states allow claims in perpetuity, but there's a reversion clause.
If a depositor does not claim the deposit delivered to the custody of the
State within 10 years of the date of delivery, the deposit must then
immediately be refunded to FDIC, and all rights of the depositor against
the state are barred.
It's important to note that If a
state declines to accept custody of the deposit - which they sometimes do
- the depositor must claim the funds from the FDIC before the receivership
is terminated, or all rights of the depositor with respect to the deposit
are barred. Dividends for
credits arising from uninsured portions of a deposit may, however, be
claimed after the receivership is terminated if a dividend check was
returned by the post office for a bad address.
Be aware that due to the number of mergers and acquisitions in the banking industry over the
years, it is possible you or a deceased family member might well have an
account at a failed bank and not know it.
Additionally, unclaimed safe deposit boxes at closed branches may be
drilled and the contents sold at auction just weeks after closing, so
prompt action is advised.
Unclaimed Funds and Missing Money Search
To trace an unclaimed bank account go to:
To trace an unclaimed credit
union account go to:
Credit Union Account
To trace a missing IRA
Individual Retirement Account go to:
To trace a missing safe deposit
box go to:
Safe Deposit Box