NCUA and FDIC Insured Accounts at Failed Banks and Credit Unions

The federal government administers insurance funds responsible for protecting depositors from losses when banks fail. More than 1,400 banks and 700 savings and loans closed between 1982 and 1992. Five hundred banks failed during the great recession of 2008 including the largest ever, Washington Mutual (WaMu) – with $182 billion in deposits.

Did you have an account at a closed bank or credit union? 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 a successor bank or a government custodian after a merger or acquisition, or you may be entitled to collect insurance proceeds – up to $250,0000 per account. Unclaimed accounts may be recovered after years of inactivity, even if a passbook is lost or destroyed.

To search for an unclaimed checking or savings account, IRA or CD at a failed bank or credit union complete the form below. For assistance with a lost safe deposit box go to: Safe Deposit Box Search