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

New Horizons Bank - East Ellijay, GA

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

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

Unclaimed bank account, lost safe deposit box and missing CD search - Georgia

April 15, 2011: New Horizons Bank, East Ellijay, GA was closed by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding certain brokered deposits, have been transferred to Citizens South Bank, Gastonia, NC

Citizens South Bank
519 South New Hope Road
Gastonia, NC 28054

History:  Established in 1974 as New Horizons Bank

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: Locate Unclaimed Monies and Missing Funds

 

 

 

 

2011 FDIC Insured Failed Banks
 
 
 
 
New Horizons Bank
489 Highland Xing
East Ellijay, GA 30540

 
 

Established
as
New Horizons Bank
 

 
 
 
 
Cost to FDIC: $ 31 million

 

 
 

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