Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

First National Bank of the South - Spartanburg, SC

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Unclaimed  bank account search -First National Bank of the South Florida

July 16, 2010: First National Bank of the South, Spartanburg, SC was closed by the Office of the Comptroller of the Currency. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding certain brokered deposits, have been transferred to NAFH National Bank, Miami, Florida

NAFH National Bank
215 North Pine Street
Spartanburg, SC 29304

History:

Established as First National Bank Of Spartanburg
Changed name to First National Bank Of The South
Acquired Carolina National Bank And Trust Company of Columbia, South Carolina.

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 Funds Search

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
First National Bank
of the South

215 North Pine Street
Spartanburg, SC 29304

 
 

Established
as
First National Bank Of Spartanburg
 

 
 
 
 
Cost to FDIC: $75 million

 

 


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