Bank Branches › Closed and merged banks › Florida › Presidential Bank, F.S.B.
What happened to Presidential Bank, F.S.B.?
Presidential Bank, F.S.B. in Sarasota, FL (earlier called First Presidential Savings and Loan Association and 1 other name) merged into First of America Bank - Florida, FSB of Tampa, FL on Feb 9, 1995. After 3 more changes of hands, what was Presidential Bank, F.S.B. is today part of Wells Fargo Bank, National Association (Sioux Falls, SD).
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.
- 1981First Presidential Savings and Loan Association opens in Sarasota, FL
- Aug 1, 1991renamed Presidential Bank, a State Savings Bank
- Oct 1, 1993renamed Presidential Bank, F.S.B.
- Feb 9, 1995MERGEDPresidential Bank, F.S.B. merged into First of America Bank - Florida, FSB of Tampa, FL.FDIC certificate 32075 ends; its business continues under certificate 33890.
- Jan 30, 1998MERGEDFirst of America Bank - Florida, FSB of Tampa, FL merged into SouthTrust Bank, National Association of Birmingham, AL.FDIC certificate 33890 ends; its business continues under certificate 849.
- Jan 3, 2005MERGEDSouthTrust Bank, National Association (by then renamed SouthTrust Bank) of Birmingham, AL merged into Wachovia Bank, National Association of Charlotte, NC.FDIC certificate 849 ends; its business continues under certificate 33869.
- Mar 20, 2010MERGEDWachovia Bank, National Association of Charlotte, NC merged into Wells Fargo Bank, National Association of Sioux Falls, SD.FDIC certificate 33869 ends; its business continues under certificate 3511.
- TodayOPEN
Wells Fargo Bank, National AssociationMain office Sioux Falls, SD · FDIC certificate 3511 · 4,157 offices in 40 states on June 30, 2026Every Wells Fargo Bank, National Association office → Website on file with the FDIC: www.wellsfargo.com
If you still have something from Presidential Bank, F.S.B.
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Presidential Bank, F.S.B. as lienholder, start with Wells Fargo Bank, National Association. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask Wells Fargo Bank, National Association to search for the account under the name Presidential Bank, F.S.B.. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask Wells Fargo Bank, National Association which branch now holds boxes from the Presidential Bank, F.S.B. office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be 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. The office list below shows which bank each office reports under now.
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 ▾
Its offices in the FDIC deposit reports
7 offices filed under this charter in some year from 1994 on. None is still reporting as of June 30, 2026.
| Office | Now |
|---|---|
| 4059 Cattlemen RdSarasota, FL | No longer reported |
| 4902 S Tamiami TrailSarasota, FL | No longer reported |
| 5292 17th StSarasota, FL | No longer reported |
| 8412 Lockwood Ridge RoadSarasota, FL | No longer reported |
| 8597b S Tamiami TrailSarasota, FL | No longer reported |
| 1729 S. Tamiami TrailVenice, FL | No longer reported |
| 699 West Rotunda BlvdRotunda, FL | No longer reported |
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 32075 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.