Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

Copper Star Bank - Scottsdale, AZ

Arizona search for missing money or a lost bank account

missing money search Arizona



Unclaimed  bank account search - AZ Copper Star Bank

November 12, 2010: Copper Star Bank, Scottsdale, AZ was closed by the Arizona Department of Financial Institutions. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposits, excluding certain Cede & Co. deposits, have been transferred to Stearns Bank National Association, Saint Cloud, Minnesota.

Stearns Bank National Association
4191 Second Street South
Saint Cloud, MN 56303

History:

Established in 2000 as Scottsdale Community Bank
Changed name to Copper Star 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 Moneys Search

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
Copper Star Bank
7555 East Redfield Road
Scottsdale, AZ 85260

 
 

Established
as
Scottsdale Community Bank
 

 
 
 
 
Cost to FDIC: $44 million

 

 


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