Unclaimed Savings Accounts, IRAs and CDs at FDIC Insured Banks

The First State Bank - Stockbridge, GA

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Lost bank account, lost safe deposit box and missing CD search - The First State Bank Georgia

January 20, 2012: The First State Bank, Stockbridge, GA was closed by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding certain brokered deposits, have been transferred to Hamilton State Bank, Hoschton, GA

Hamilton State Bank
1907 Highway 211
Hoschton, GA 30548

History:  Est. in 1964 as The First State 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

 

 

 

 

 

2012 FDIC Insured Failed Banks
 
 
 
 
The First State Bank
4806 North Henry Boulevard
Stockbridge, GA 30281

 
 

Established
as
The First State Bank
 

 
 
 
 
Cost to FDIC: $ 216 million

 

 


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