Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

Imperial Savings and Loan Association - Martinsville, VA

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Unclaimed  bank account search - VA Imperial Savings and Loan Association

August 20, 2010: Imperial Savings and Loan Association, Martinsville, VA was closed by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts have been transferred to River Community Bank, National Association (N.A.), Martinsville, Virginia.

River Community Bank, National Association
730 East Church Street, Suite 31
Martinsville, VA 24112

History:

Established as Imperial Savings And Loan Association

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 Account Search

 

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
Imperial Savings and Loan Association
1 E Market Street
Martinsville, VA 24112

 
 

Established
as
Imperial Savings And Loan Association
 

 
 
 
 
Cost to FDIC: $4 million

 

 
 

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