The Farmers Bank of Lynchburg TN closed by FDIC. Accounts transferred to Clayton Bank TN. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts

	June 15, 2012: The Farmers Bank of Lynchburg, Lynchburg, TN, including the one branch of First State Bank, Chapel Hill, Tennessee and the two branches of Oakland Deposit Bank, Oakland, TN were closed by the Tennessee Department of Financial Institutions. The Federal Deposit Insurance Corporation was named receiver. Successor Bank: ll deposit accounts, including brokered deposits, have been transferred to Clayton Bank and Trust, Knoxville, TN Clayton Bank and Trust 620 Market Street Knoxville, TN 37902 History: Est. in 1888 as The Farmers Bank Of Lynchburg Acquired Oakland Deposit Bank - Oakland, Tennessee Acquired First State Bank - Chapel Hill, Tennessee ► 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 Deposit Account Search
2012 FDIC Insured Failed Banks




The Farmers Bank of Lynchburg 71 Mechanic St. South Lynchburg, TN 37352 Oakland Deposit Bank 6280 Highway 64 Oakland, TN 38060
First State Bank 118 S. Horton Pkwy, Chapel Hill, TN 37034 Established as The Farmers Bank Of Lynchburg




Cost to FDIC: $ 28 million