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by debodun on August 12th, 2009

debodun

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Let's say a bank changed it's name 3 times in 5 years, then finally closed. What happened to the money that bank had in its customer accounts?

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Answers. 2 helpful answers below.

  • by evandad on August 12th, 2009

    evandad

    Normally banks change their name due to acquisition. That would not affect the base account amount.However many times the larger bank taking over will raise the customers fees.

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  • by Wide Awake @ has closing date woo hoo on August 12th, 2009

    Wide Awake @ has closing date woo hoo

    Nothing, if the bank was FDIC insured.

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