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FLANAGAN v. FIDELITY BANK

438 Pa.Super. 516 (1995)

652 A.2d 930

Joseph D. FLANAGAN, Appellant, v. FIDELITY BANK, Appellee.

Superior Court of Pennsylvania.

Filed January 20, 1995.

Attorney(s) appearing for the Case

Robert J. Kerns, Lansdale, for appellant.

Alan J. Josel, Public Defender, Norristown, for appellee.

Before OLSZEWSKI, JOHNSON and HESTER, JJ.

OLSZEWSKI, Judge:

In June 1968, Joseph Flanagan purchased a $9,900 certificate of deposit from Fidelity Bank. This two-year CD paid five percent interest. Flanagan was soon called for a tour of duty in Vietnam, and gave the CD to his father for safekeeping. Flanagan returned in 1971, but forgot about the CD. The Bank never sent Flanagan anything regarding the CD: no notice of maturity, no tax forms, no inquiry...

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