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March 11, 2011: The First National Bank of Davis, Davis, OK was
closed by the Office of the Comptroller of the Currency.
The Federal Deposit Insurance Corporation was named receiver.
Successor Bank: All deposit accounts, excluding the Cede & Co. deposits, have been transferred to The Pauls Valley National Bank, Pauls Valley, Oklahoma The Pauls Valley
National Bank
History: Established in 1895 as The First National Bank Of
Davis ► 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 Property and Missing Money Search
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2010 FDIC Insured Failed Banks | |
The First
National Bank of Davis 227 East Main Davis, OK 73030 |
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Established |
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Cost to FDIC: $27 million | |
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© 2014 NUPA - NATIONAL UNCLAIMED PROPERTY ASSOCIATES |