✉news BusinessPersonal Finance first seen 19 h ago, last 12 h ago, peak #3
Bank says it has no record of a $30,000 CD opened 25 years ago
Original: A $30,000 CD sat untouched for 25 years — now the bank says it has no record of the account
A customer's $30,000 certificate of deposit sat untouched for 25 years, and when they came to claim it the bank said it had no record of the account ever existing. The story has struck a chord because it taps into widespread anxiety about banks losing or swallowing dormant accounts, and raises practical questions about escheatment rules, record-keeping obligations and how savers can prove ownership of old deposits.
Why now: It highlights a common fear that banks can lose or claim dormant savings, prompting debate about consumer rights with old accounts.
certificate of depositbanking industryYahoo Finance
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- A $30,000 CD sat untouched for 25 years — now the bank says it has no record of the account · Yahoo Finance
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