Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

San Luis Trust Bank, FSB - San Luis Obispo, CA

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February 18, 2011: San Luis Trust Bank, FSB, San Luis Obispo, CA was closed by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, excluding the Cede & Co. deposits, have been transferred to First California Bank, Westlake Village, CA

First California Bank
3027 Townsgate Rd # 300
Westlake Village, CA 91361

History: Established in 1999 as San Luis Trust 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 Checks and Missing Account Search

 

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
San Luis Trust Bank, FSB
1001 Marsh Street
San Luis Obispo, CA 93401

 
 

Established
as
San Luis Trust Bank FSB
 

 
 
 
 
Cost to FDIC: $96 million

 

 
 

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