Bank Branches › Closed and merged banks › West Virginia › Mountain State Federal Savings and Loan Association
What happened to Mountain State Federal Savings and Loan Association?
Mountain State Federal Savings and Loan Association in Clarksburg, WV was merged into Traders Federal Savings and Loan Association of Charleston, WV with federal assistance on Feb 29, 1988. After 2 more changes of hands, what was Mountain State Federal Savings and Loan Association is today part of Truist Bank (Charlotte, NC).
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.
- 1955Mountain State Federal Savings and Loan Association opens in Clarksburg, WV
- Feb 29, 1988ASSISTED MERGERMountain State Federal Savings and Loan Association was merged into Traders Federal Savings and Loan Association of Charleston, WV with federal assistance.FDIC certificate 30823 ends; its business continues under certificate 29246.
- Oct 18, 1991FAILEDTraders Federal Savings and Loan Association (by then renamed Atlantic Financial Federal-W Virginia, FSB) of Charleston, WV failed, and One Valley Bank, National Association of Charleston, WV took it over.FDIC certificate 29246 ends; its business continues under certificate 840. The FDIC's failure list dates the failure Feb 10, 1988.
- Nov 10, 2000MERGEDOne Valley Bank, National Association of Charleston, WV merged into Branch Banking and Trust Company of Charlotte, NC.FDIC certificate 840 ends; its business continues under certificate 9846.
- TodayOPEN
Truist BankMain office Charlotte, NC · FDIC certificate 9846 · 1,928 offices in 18 states on June 30, 2026Every Truist Bank office → Website on file with the FDIC: www.Truist.com
If you still have something from Mountain State Federal Savings and Loan Association
A lien that was never released
Atlantic Financial Federal-W Virginia, FSB failed on Feb 10, 1988, under the old savings-and-loan insurance fund (FSLIC). 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 Truist Bank 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, One Valley Bank, National Association). Start with Truist Bank, and ask them to search under the name Mountain State 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 Truist Bank. 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 Mountain State Federal Savings and Loan Association
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| West Virginia Building and Loan AssociationCharleston, WV | May 31, 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 30823 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.