Unclaimed Savings Accounts, IRAs and CDs at FDIC Insured Banks

Central Progressive Bank - Lacombe, LA

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Lost bank account, lost safe deposit box and missing CD search - Central Progressive Bank

November 18, 2011: Central Progressive Bank, Lacombe, LA was closed by the Louisiana Office of Financial Institutions. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, including brokered deposits, have been transferred to First NBC Bank, New Orleans, LA

First NBC Bank
210 Baronne Street
New Orleans, LA 70112

History:

Est. in 1967 as Central Progressive Bank Of Amite
Changed name to Central Progressive 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 IRA, CD and Savings Account Search

 

 

 

2011 FDIC Insured Failed Banks
 
 
 
 
Central Progressive Bank
29092 Krentel Road
Lacombe, LA 70445
 
 

Established
as
Central Progressive Bank Of Amite
 

 
 
 
 
Cost to FDIC: $58 million

 

 


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