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November 4, 2011:
SunFirst Bank, Saint George, UT was closed by the Utah Department of
Financial Institutions. The Federal
Deposit Insurance Corporation was named receiver.
Successor Bank: All deposit accounts, excluding the Cede & Co. brokered deposits, have been transferred to Cache Valley Bank, Logan, UT Cache Valley Bank History:
Est. in 2001 as Sunfirst 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
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| 2011 FDIC Insured Failed Banks | |
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SunFirst Bank 120 E Saint George Blvd. Saint George, UT 84770 |
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Established |
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| Cost to FDIC: $ 50 million | |
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| © 2011 NUPA - NATIONAL UNCLAIMED PROPERTY ASSOCIATES |