Failed Bank List: Claim an FDIC Insured Account or CD at a Failed Bank

Piedmont Community Bank, Gray, GA

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Lost bank account, lost safe deposit box and missing CD search - Piedmont Community Bank

October 14, 2011: Piedmont Community Bank, Gray, GA was closed by the Georgia Department of Banking and Finance. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, including brokered deposits, have been transferred to State Bank and Trust Company, Macon, GA

State Bank and Trust Company
4219 Forsyth Road
Macon, GA 31210
 

History:  Est. in 2002 as Piedmont Community Bank
 

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 Savings Account Search

 

 

 

 

2011 FDIC Insured Failed Banks
 
 
 
 
Piedmont Community Bank
110 Highway 18 Connector
Gray, GA 31032

 
 

Established
as
Piedmont Community Bank
 

 
 
 
 
Cost to FDIC: $ 71 million

 

 
 

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