Closed Bank Report: Claim Government  Insured Accounts at Failed Banks

Integrity Bank - Jupiter, FL

Florida Unclaimed Property - Unclaimed bank account search

Florida Unclaimed Money - Integrity Bank

Florida missing money search - Integrity Bank

July 31, 2009: Integrity Bank, Jupiter, FL was closed by the Florida Office of Financial Regulation. The Federal Deposit Insurance Corporation (FDIC) was named Receiver. 

As of June 5, 2009, Integrity Bank had total assets of $119 million and total deposits of approximately $102 million.

The FDIC entered into a purchase and assumption agreement with Stonegate Bank, Fort Lauderdale, Florida, to assume all of the deposits of Integrity Bank. All deposit accounts, excluding certain brokered deposits, have been transferred to Stonegate Bank and are available immediately.  On Monday, August 3, 2009, the former Integrity Bank location reopened as a branch of Stonegate Bank.

Transferred deposits will be separately insured from any accounts you may already have at Stonegate Bank for six months after the failure of Integrity Bank.

Stonegate Bank
1430 North Federal Highway
Fort Lauderdale, FL 33304
(954) 315-5514

Stonegate Bank paid a premium of 0.20 percent to acquire all of the deposits of the failed bank. In addition to assuming all of the deposits of the failed bank, Stonegate Bank agreed to purchase approximately $52 million of assets. The FDIC will retain the remaining assets for later disposition.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $46 million.

For additional information and assistance contact the FDIC at: 1-866-954-9535; or go to:

2009 FDIC Insured Failed Banks
Integrity Bank
1315 West Indiantown Road
Jupiter, FL 33458

Established on 7/12/2004 as
Integrity Bank

Assets: $119 million
Deposits: $102 million
Cost to FDIC: $46 million



History: Established on 7/12/2004 as Integrity Bank

Consumer Alert

Unclaimed FDIC Insured Deposits

Note: There are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes ...

Depositors must claim an insured or transferred deposit within 18 months after the FDIC initiates the payment of insured deposits, or the successor institution must return the funds to the FDIC. Thereafter all rights of the depositor against the transferee institution are barred.

The FDIC then offers to remit the insured deposit to the custody of the unclaimed property administrator in the account owner's home state. If a state declines to accept, the right to claim ends with termination of the receivership. If a state accepts, the FDIC is deemed to have made payment to the depositor, and all rights of the depositor against the FDIC are barred.

Most - but not all - states allow claims in perpetuity, and there's a reversion clause. If a depositor does not claim the funds within 10 years of  delivery, the deposit must then be returned to the FDIC, and all rights of the depositor against the state and the government are barred.

Be aware that due to the number of mergers and acquisitions in the banking industry over the years, it is possible you or a deceased family member might well have an account at a failed bank and not know it. Further, unclaimed safe deposit boxes at closed branches may be drilled and the contents sold at auction just weeks after closing, so prompt action is advised. 

For assistance tracing and reclaiming a lost bank account or safe deposit box go to: Unclaimed Money Search

Creditor Claims: Claims against failed financial institutions occur when bills sent to the institution remain unpaid at the time of failure. Shortly after the failure, the FDIC sends notices directly to all known service providers to explain the claim filing process. If you provided a service for Integrity Bank and have not received a notice, please contact:

Federal Deposit Insurance Corporation
Receiver: Integrity Bank
1601 Bryan Street
Dallas, TX  75201
Attention: Claim Agent