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Failed Bank Report:
Claim
FDIC Insured Accounts
at Failed Banks Sonoma Valley Bank - Sonoma, CA |
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Failed Bank Report:
Claim
FDIC Insured Accounts
at Failed Banks Sonoma Valley Bank - Sonoma, CA |
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August 20, 2010: Sonoma
Valley Bank, Sonoma, CA was closed by the California Department of
Financial Institutions.
The Federal Deposit Insurance Corporation was named receiver.
Successor Bank: All deposit accounts, including brokered deposits, have been transferred to Westamerica Bank, San Rafael, CA. Westamerica
Bank History: Established as Sonoma Valley 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: Abandoned Funds Search
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| 2010 FDIC Insured Failed Banks | |
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Sonoma Valley
Bank 202 West Napa Street Sonoma, CA 95476 |
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Established |
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| Cost to FDIC: $10 million | |
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| © 2010 NUPA - NATIONAL UNCLAIMED PROPERTY ASSOCIATES |
