Failed Bank List: Claim an FDIC Insured Account or CD at a Failed Bank

First Chicago Bank & Trust - Chicago, IL

IL search for unclaimed money. Find a missing CD or lost bank account

Illinois search for unclaimed funds. Find a missing CD or unclaimed bank account



Unclaimed bank account, lost safe deposit box and missing CD search - First Chicago Bank & Trust

July 8, 2011: First Chicago Bank & Trust, Chicago, IL was closed by the Illinois Department of Financial and Professional Regulation.  The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding Cede & Co. deposits, have been transferred to Northbrook Bank & Trust Company, Northbrook, IL

Northbrook Bank and Trust Company
1100 Waukegan Road
Northbrook, IL 60062

History:

Est. in 1905 as Labe Federal Savings And Loan Association
Changed name to Labe Federal Bank For Savings
Changed name to Labe Bank
Acquired Bloomingdale Bank And Trust - Bloomingdale, Illinois
Changed name to First Chicago Bank & Trust

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 Funds and Missing Money Search

 

 

 

2011 FDIC Insured Failed Banks
 
 
 
 
First Chicago Bank & Trust
1040 W Randolph St
Chicago, IL 60607

 
 

Established
as
Labe Federal Savings And Loan Association
 

 
 
 
 
Cost to FDIC: $ 284 million

 

 


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