# NILE VALLEY FEDERAL S & L ASSOC.

> **Failed bank** · SCOTTSBLUFF, NE · failed 1989-02-17 · SL · FDIC cost $39M

## What happened

NILE VALLEY FEDERAL S & L ASSOC. of SCOTTSBLUFF, 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:** 2120
- **FDIC Certificate:** 30522
- **FDIC FIN:** 6917
- **Bank name:** NILE VALLEY FEDERAL S & L ASSOC.
- **Location:** SCOTTSBLUFF, NE
- **Failure date:** 1989-02-17
- **FDIC resolution date:** 1989-09-15
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $39M
- **Deposits at failure:** $64M
- **Assets at failure:** $56M
- **Acquiring bank:** FIRST NB&TC OF NORTH PLATTE (NORTH PLATTE, NE)

## Other banks FIRST NB&TC OF NORTH PLATTE has acquired in FDIC resolutions

- PLATTE VALLEY FS & LA (GERING, NE) — failed 1989-02-17 — /failed-bank/2115

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=NILE%20VALLEY%20FEDERAL%20S%20%26%20L%20ASSOC.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, NILE VALLEY FEDERAL S & L ASSOC. (FDIC ID 2120), failed 1989-02-17. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/2120.

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