Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

Mainstreet Savings Bank - Hastings, MI

Michigan search for missing money or a lost bank account

MI missing money search

Unclaimed  bank account search - MI MainStreet Savings Bank

July 16, 2010: MainStreet Savings Bank, FSB, Hastings, MI 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 Commercial Bank, Alma, Michigan.

Commercial Bank
301 North State Street
Alma, MI 48801

History:

Hastings Savings And Loan Association
Changed name to Hastings Savings And Loan Association FA
Changed name to Mainstreet Savings Bank, FSB

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 Funds Search

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
Mainstreet Savings Bank, FSB
629 West State Street
Hastings, MI 49058

 
 

Established
as
Hastings Savings And Loan Association
 

 
 
 
 
Cost to FDIC: $11 million

 

 
 

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