Failed Bank Report: Claim FDIC Insured Accounts at Failed Banks

 Pierce Commercial Bank - Tacoma, WA

Washington search for missing money or a lost bank account

WA missing money search

Unclaimed  bank account search - WA Pierce Commercial Bank

November 5, 2010: Pierce Commercial Bank, Tacoma, WA was closed by the Washington Department of Financial Institutions. The Federal Deposit Insurance Corporation was named receiver.

Successor Bank: All deposit accounts, including brokered deposits, have been transferred to Heritage Bank, Olympia, Washington.

Heritage Bank
201 5th Avenue, S.W.
Olympia, WA 98501

History: Established in 1997 as Pierce Commercial 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 or safe deposit box go to: Unclaimed Property and Missing Money Search

 

 

 

 

 

2010 FDIC Insured Failed Banks
 
 
 
 
Pierce Commercial Bank
1722 South Union Avenue
Tacoma, WA 98405

 
 

Established
as
Pierce Commercial Bank
 

 
 
 
 
Cost to FDIC: $21 million

 

 
 

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