Please Use Your Account

If you are a former Tamalpais Bank depositor, it is important that you use at least one of your accounts before October 17, 2011. This process is known as “claiming” and helps us know which accounts are active. To do so, simply use your ATM/debit card, write a check, make a deposit (electronic or in person) or use your online bill pay. If you have multiple accounts, you will only need to claim one account under your name. Inactive accounts must be turned over to the FDIC after October 17, 2011. Contact your local branch if you have questions about "claiming" your account.

 

 

FDIC Information for Customers of Tamalpais Bank

On Friday, April 16, 2010, Union Bank acquired substantially all of the assets and deposits of Tamalpais Bank through a Purchase and Assumption Agreement with the Federal Deposit Insurance Corporation (FDIC).

Tamalpais Bank’s branches will be open for their normal business hours and will operate as Union Bank offices moving forward. Your banking services will not be interrupted in any way and you should continue to bank the same way you currently do.

For more information on Union Bank, including Frequently Asked Questions, please visit us at www.unionbank.com.
The FDIC has assembled useful information regarding your banking relationship. Please select the link below to read more about this event: FDIC Bank Closing Information for Tamalpais Bank

 

Beginning April 17, 2010 Tamalpais Bank’s accounts acquired by Union Bank stopped participating in the FDIC’s Transaction Account Guarantee Program. Thus, after April 16, 2010, funds held in non-interest bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules.