Claiming of Deposits
Important Information for Customers
As a result of the recent transaction with the FDIC, all BankMeridian deposit customers will receive a letter regarding claiming your deposits with us. Here is some valuable information to help guide you through this process.
What does it mean to claim my deposits?
Based on the agreement with the FDIC, you are required to claim ownership of your deposits by January 29, 2013. If you do not claim them, they will be returned to the FDIC after that date.
How do I claim my deposits?
If you have more than one deposit account, you will only need to claim one. The others will be automatically claimed as a result. You can claim your deposits by:
- Making a deposit or withdrawal from your account(s) including checks, direct deposits, ATM withdrawal, debit card purchase or automatic withdrawal from the account such as a bill payment.
- Executing a new signature card on your account(s), entering into a new deposit agreement with us, changing the ownership on your account(s), or renegotiating the terms of a certificate of deposit account.
- Providing us with a completed change of address form.
- Writing to us with your intent to keep your account(s) active. Please be sure to include the name(s) on the account(s), the account number(s), and the signature of an authorized signer on the account, with name and address.
What about CDs?
You will need to claim your CDs according to the methods above. An automatic renewal by the bank at time of maturity does not claim your deposit.
Who can I call if I have any questions?
If you have any specific questions regarding your account(s) with us, please call us at:
Hilton Head 843-842-9444