Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

Progress Bank of Florida - Tampa, FL

Fla search for missing money or a lost bank account

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Unclaimed  bank account search - Florida Progress Bank of Florida

October 22, 2010: Progress Bank of Florida, Tampa, FL was closed by the Florida Office of Financial Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

Successor Bank: All deposit accounts, excluding the Cede & Co. deposits, have been transferred to Bay Cities Bank, Tampa, Florida.

Bay Cities Bank
4301 West Boy Scout Boulevard, Suite 150
Tampa, FL 33607

History:

Established as Bay Federal Savings Bank
Changed name to Bay Financial Savings Bank
Changed name to Bay Financial Savings Bank, F.S.B.
Changed name to Progress Bank Of Florida

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: Missing Funds Search

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
Progress Bank of Florida
5537 Sheldon Road, Suite D
Tampa, FL 33615

 
 

Established
as
Bay Federal Savings Bank
 

 
 
 
 
Cost to FDIC: $25 million

 

 
 

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