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Plantation Federal Bank - Pawleys Island, SC

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Lost bank account, lost safe deposit box and missing CD search - Plantation Federal Bank SC

April 27, 2012: Plantation Federal Bank, Pawleys Island, SC which includes branches doing business as First Savers Bank was closed by the Office of the Comptroller of the Currency: The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, including brokered deposits, have been transferred to First Federal Bank, Charleston, SC

First Federal Savings and Loan Association of Charleston
2440 Mall Drive
Charleston, SC 29406
 

History:

Est. in 1986 as Plantation Federal Savings And Loan Corporation
Changed name to Plantation Federal Savings Bank, Inc.
Changed name to Plantation Federal Bank
Acquired First Savers Bank - Greenville, South Carolina

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
 
 
 
 
Plantation Federal Bank
11039 Ocean Highway
Pawleys Island, SC 29585

 
 

Established
as
Plantation Federal Savings And Loan
 

 
 
 
 
Cost to FDIC: $ 76 million

 

 


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