I recently found a savings deposit book that belonged to my grandmother with a $1 balance, dated 6/29/34 from a trust company that is no longer in business. Is there any way to tell if this account is still valid?
You can take a look at the FDIC'sBank Find page to see if you can determine what happened to the bank. You can also contact the Abandoned Property division of the state in which your grandmother resided and where the bank was located. If you don't find anything, there probably isn't much hope that the account exists.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
You can take a look at the 