Public Savings Bank Pennsylvania shut down by the FDIC. Accounts transferred to Capital Bank Maryland. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts

	August 18, 2011: Public Savings Bank, Huntingdon Valley, PA was closed by the Pennsylvania Department of Banking. The Federal Deposit Insurance Corporation was named receiver. Successor Bank: All deposit accounts, excluding certain brokered deposits, have been transferred to Capital Bank, National Association (N.A.), Rockville, MD Capital Bank, National Association One Church Street Rockville, MD 20850 History: Est. in 1984 as Public Savings Association Changed name to Public Savings 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: Unclaimed IRA, CD and Missing Savings Account Search
2011 FDIC Insured Failed Banks




Public Savings Bank 2755 Philmont Avenue Huntingdon Valley, PA 19006
Established as Public Savings Association




Cost to FDIC: $ 11 million