Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

Charter Oak Bank - Napa, CA

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Unclaimed  bank account search -CA Charter Oak Bank

February 18, 2011: Charter Oak Bank, Napa, CA was closed by the California Department of Financial Institutions.  The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding certain brokered deposits, have been transferred to Bank of Marin, Novato, CA

Bank of Marin
504 Redwood Boulevard
Novato, CA 94947

History:  Established in 2004 as Charter Oak 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 or safe deposit box go to: Unclaimed and Abandoned Funds Search

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
Charter Oak Bank
600 Trancas Street
Napa, CA 94558

 
 

Established
as
Charter Oak Bank
 

 
 
 
 
Cost to FDIC: $22 million

 

 


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