# PLATTE VALLEY FS & LA

> **Failed bank** · GERING, NE · failed 1989-02-17 · SL · FDIC cost $181M

## What happened

PLATTE VALLEY FS & LA of GERING, NE was closed by state regulators 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
- **Estimated FDIC DIF cost:** $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 has acquired in FDIC resolutions

- NILE VALLEY FEDERAL S & L ASSOC. (SCOTTSBLUFF, NE) — failed 1989-02-17 — /failed-bank/2120

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PLATTE%20VALLEY%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PLATTE VALLEY FS & LA (FDIC ID 2115), failed 1989-02-17. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/2115.

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