Bank Branches › Closed and merged banks › North Carolina › Heritage Federal Savings and Loan Association
What happened to Heritage Federal Savings and Loan Association?
Heritage Federal Savings and Loan Association in Monroe, NC was closed in a federal resolution, and its business passed to First-Citizens Bank & Trust Company of Raleigh, NC on Sep 21, 1990. First-Citizens Bank & Trust Company is open today.
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1908Heritage Federal Savings and Loan Association opens in Monroe, NC
- Sep 21, 1990RESOLVEDHeritage Federal Savings and Loan Association was closed in a federal resolution, and its business passed to First-Citizens Bank & Trust Company of Raleigh, NC.FDIC certificate 30613 ends; its business continues under certificate 11063. The FDIC's failure list dates the failure Mar 30, 1989.
- TodayOPEN
First-Citizens Bank & Trust CompanyMain office Raleigh, NC · FDIC certificate 11063 · 518 offices in 23 states on June 30, 2026Every First-Citizens Bank & Trust Company office → Website on file with the FDIC: www.firstcitizens.com
If you still have something from Heritage Federal Savings and Loan Association
A lien that was never released
Heritage Federal Savings and Loan Association failed on Mar 30, 1989, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask First-Citizens Bank & Trust Company as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, First-Citizens Bank & Trust Company). Start with First-Citizens Bank & Trust Company, and ask them to search under the name Heritage Federal Savings and Loan Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask First-Citizens Bank & Trust Company. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Banks folded into Heritage Federal Savings and Loan Association
4 banks merged directly into this charter.
| Bank | Ended |
|---|---|
| Madison Federal Savings and Loan AssociationMadison, NC | Jul 31, 1982 |
| Freedom Federal Savings and Loan AssociationHigh Point, NC | Mar 31, 1982 |
| Raeford Savings and Loan AssociationRaeford, NC | Jan 31, 1982 |
| First Federal Savings and Loan AssociationSmithfield, NC | Sep 30, 1981 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 30613 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.