December
16, 2011: Premier Community Bank of the Emerald Coast, Crestview, FL was
closed by the Florida Office of Financial Regulation.
The Federal Deposit Insurance Corporation was named receiver.
Successor Bank: All deposit accounts, including brokered deposits, have been transferred to Summit Bank, National Association (N.A.), Panama City, Florida Summit Bank,
National Association History: Est. in 2006 as Premier Community Bank Of The Emerald Coast ► 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, Missing CD and Lost Savings Account Search
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2011 FDIC Insured Failed Banks | |
Premier
Community Bank of the Emerald Coast 345 East James Lee Boulevard Crestview, FL 32539 |
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Established |
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Cost to FDIC: $ 31 million | |
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© 2014 NUPA - NATIONAL UNCLAIMED PROPERTY ASSOCIATES |