Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

First Suburban National Bank - Maywood, IL

Illinois search for missing money or a lost bank account

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Unclaimed  bank account search - Illinois First Suburban National Bank

October 22, 2010: First Suburban National Bank, Maywood, IL 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 the Cede & Co. deposits, have been transferred to Seaway Bank and Trust Company, Chicago, Illinois.

Seaway Bank and Trust Company
645 East 87th Street
Chicago, IL 60619

History:

Established as First National Bank Of Maywood
Changed name to First Suburban National 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 Monies Search

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
First Suburban National Bank
150 South 5th Avenue
Maywood, IL 60153

 
 

Established
as
First National Bank Of Maywood
 

 
 
 
 
Cost to FDIC: $31 million

 

 
 

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