Closed Banks: FDIC Insured Deposit Accounts, IRAs and CDs at Insolvent BanksUnclaimed Bank Account / IRA / CD / Safe Deposit Box Search |
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Closed Banks: FDIC Insured Deposit Accounts, IRAs and CDs at Insolvent BanksUnclaimed Bank Account / IRA / CD / Safe Deposit Box Search |
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FDIC Bank Failure List: 2008-2014
Claim Your Insured Deposit, IRA, CD or Safe Deposit Box
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Unclaimed FDIC Insured Deposits |
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Be advised that not every depositor with funds 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. Beneficial owners of fiduciary accounts, including Uniform Transfers To Minors accounts, escrow accounts, Interest on Lawyer Trust Accounts (IOLTA), and deposit accounts obtained through a broker (Brokered Accounts) will not be contacted by the FDIC. This is because these accounts are on the failed bank's records in the name of the fiduciary, not the individual owner. The FDIC does not have access to ownership information, and therefore will not contact individual depositors. It is the responsibility of the broker or other fiduciary to initiate a claim. In addition, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage, after a period of time. If an individual already has accounts at a successor institution, perhaps unknowingly in the case of brokered deposits, the insurance limit may be exceeded and funds could be lost in a subsequent receivership. Finally, in the worst case scenario, 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. 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 go to: Bank Account Search. For assistance tracing and reclaiming a lost credit account go to: Credit Union Account Search. For assistance with a lost safe deposit box go to: Safe Deposit Box Search
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