Security Bank NA of Florida closed by FDIC. Accounts transferred to Banesco Bank Florida. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts

	May 4, 2012: Security Bank, National Association (N.A.), North Lauderdale, FL 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 Banesco USA, Coral Gables, Florida Banesco USA 150 Alhambra Circle, Suite 100 Coral Gables, FL 33134 History: Est. in 1980 as Alexander Hamilton National Bank Changed name to Security Bank, National Association ► 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 Retirement and Deposit Account Search
2012 FDIC Insured Failed Banks




Security Bank National Association 1450 South State Road 7 North Lauderdale, FL 33068
Established as Alexander Hamilton National Bank




Cost to FDIC: $ 11 million