VALLEY BANK OF BELGRADE Failed 1987
What happened
VALLEY BANK OF BELGRADE of BELGRADE, MT was closed on 1987-07-31. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to VALLEY BANK OF BELGRADE (BELGRADE, MT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1487
- FDIC Certificate
- 15276
- FDIC FIN
- 1939
- Bank name
- VALLEY BANK OF BELGRADE
- Location
- BELGRADE, MT
- Failure date
- 1987-07-31
- FDIC resolution date
- 1987-07-31
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $16M
- Assets at failure
- $19M
- Acquiring bank
- VALLEY BANK OF BELGRADE (BELGRADE, MT)