I ran across 2 CD's that Matured in 1995 totaling $35K ( invested amount). Originally deposited at Barnett Bank, Jacksonville, FL. Barnett Bank was bought out by Nations Bank which was bought out by Bank of America. These certificates are the originals in the plastic sleeve and it says on the face "automatic renewal." Depositor died in 2002, my mother in law was the administrator of the estate as well as the sole beneficiary. In that era you normally had to bring in the certificate to cash it out. Went with my mother in law to the bank today and they could not find a record of these CD's...not that they tried very hard! I'm sure they have been through several computer systems since then and the two sales/mergers probably does not help matters. Are they required to produce evidence that they were cashed out at some point? I already checked with the state and money was not turned over to them. Any help would be most appreciated! They have opened a research ticket to try to locate the funds. If they come back and say they have no record of the accounts what should we do next? This is not an insufficient amount of money to my mother-in-law. Thanks!
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