Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

First Southern Bank - Batesville, AR

Arkansas search for unclaimed money or a lost bank account

AR missing money search

Unclaimed  savings account search - AR First Southern Ban

December 17, 2010: First Southern Bank, Batesville, AR was closed by the Arkansas State Bank Department. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding the Cede & Co. deposits, have been transferred to Southern Bank, Poplar Bluff, Missouri

Southern Bank
531 Vine Street
Poplar Bluff, MO 63901

History: Established in 2005 as First Southern 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 Money Search

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
First Southern Bank
1583 South St. Louis Street
Batesville, AR 72501

 
 

Established
as
First Southern Bank
 

 
 
 
 
Cost to FDIC: $23 million

 

 
 

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