Savings/Checking Bank Accounts
Find A Lost Bank Savings Account, Unclaimed Checking Account Or Missing CD
Bank accounts are considered lost when the owner fails to make a deposit or withdrawal over an extended period, or when a statement or other official correspondence is returned by the post office as undeliverable. Even allowing a Certificate of Deposit (CD) to automatically roll over may result in the presumption of abandonment.
This often happens after the untimely death of a family member, name changes following marriage or divorce, following expiration of a mail forwarding order after a move, and even as a result of computer and clerical errors.
Did you have money on deposit at a bank that moved, changed its name or closed? Don’t assume that because your bank, savings and loan or credit union no longer exists that unclaimed funds are lost forever. Your account may have been transferred to another bank, or to a government custodian after a merger or acquisition.Even if your bank or credit union failed and closed its doors, you may still be entitled to collect insurance proceeds from government regulators, currently up to $250,000 per account. Lost Bank Accounts may be recovered after years of inactivity, even if a passbook is lost or destroyed, but you should act promptly to safeguard your rights.