Friday, February 24,
2012: Home Savings of America, Little Falls, MN was closed by the Office
of the Comptroller of the Currency. The
Federal Deposit Insurance Corporation was named receiver.
Successor Bank: There is no successor institution. Insured depositors became eligible to receive compensation from the FDIC Deposit Insurance Fund (DIF). Principal and interest on insured accounts, through Friday, February 24, 2012, are fully insured by the FDIC, up to the insurance limit of $250,000. Certain entitlements and different types of accounts can be insured for more than the $250,000 limit. History:
Est. 1934 as Community Federal
Savings & Loan Association Of Little Falls MN ►
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 | |
Home Savings of
America 35 East Broadway Little Falls, MN 56345 |
|
Established |
|
Cost to FDIC: $ 39 million | |
|
|
|
© 2014 NUPA - NATIONAL UNCLAIMED PROPERTY ASSOCIATES |