102 VALLEY BANK Failed 1989
What happened
102 VALLEY BANK of HOPKINS, MO was closed on 1989-07-05. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to THE NODAWAY VALLEY BANK (MARYVILLE, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2408
- FDIC Certificate
- 17405
- FDIC FIN
- 5975
- Bank name
- 102 VALLEY BANK
- Location
- HOPKINS, MO
- Failure date
- 1989-07-05
- FDIC resolution date
- 1989-07-05
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $5M
- Assets at failure
- $5M
- Acquiring bank
- THE NODAWAY VALLEY BANK (MARYVILLE, MO)