AboutJim Meadows Expertise I can respond to most questions concerning consumer and business relationships with US financial institutions. My expertise touches on deposit and loan issues and particularly on strategies to navigate through bank policies personell and practices. I have a degree in Economics, attended law school, Graduate Shool of Banking, and Commercial Lending and Compliance Schools.
Experience I have twenty years experience as a bank CEO. Most of those years were spent operating a bank focused primarly on serving consumer/retail needs. I helped pioneer deposit and loan products for low/moderate income individuals. I currently serve on multiple bank boards and am Chairman of a Commercial Bank in Atlanta.
Question Hi! When my first husband died in 1995, a trust account was set up for my then 1 year old daughter. She is now 15 and have misplaced any papers concerning her trust. How do I go about locating the account? I do know that the bank that originally held the trust (Central Fidelity) was bought by another bank (Wachovia Bank). I would like for my daughter to use the funds for her college education but don't know how to locate it. Any suggestions?
Answer Linda,I would suggest that you write Wachovia asking them for their help and provide them with as much detail as possible; dates, Tax ID #'s, etc. You should also go online to your state to search for unclaimed (escheated) property. Inactive bank accounts are turned over to the state after a statutory period of time. Jim
