The Bank of Union - El Reno, OKTrace a Missing or Unclaimed Savings Account, IRA or CD |
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 2014 FDIC Insured Failed Banks |
January 24, 2014: The Bank of Union, El Reno, OK was closed
by the Oklahoma State Banking Department.
The Federal Deposit Insurance Corporation was named receiver.
Successor Bank: All deposit accounts, excluding certain Cede & Co. brokered deposits, have been transferred to BancFirst, Oklahoma City, OK
BancFirst
History: Established in 1900 as The Bank of
Union ► 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 Account Search |
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The Bank of Union 2000 South Country Club Road El Reno, OK 73036 |
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| Established as The Bank of Union |
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| Cost to FDIC: $70 million |
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