PLATTE VALLEY FS & LA Failed 1989
What happened
PLATTE VALLEY FS & LA of GERING, NE was closed on 1989-02-17. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FIRST NB&TC OF NORTH PLATTE (NORTH PLATTE, NE). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2115
- FDIC Certificate
- 29400
- FDIC FIN
- 6998
- Bank name
- PLATTE VALLEY FS & LA
- Location
- GERING, NE
- Failure date
- 1989-02-17
- FDIC resolution date
- 1990-05-11
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $181M
- Deposits at failure
- $321M
- Assets at failure
- $317M
- Acquiring bank
- FIRST NB&TC OF NORTH PLATTE (NORTH PLATTE, NE)
- FDIC comments
- FSLIC-RTC Duplicate Failures
Other banks FIRST NB&TC OF NORTH PLATTE acquired in FDIC resolutions