# THE VALLEY VIEW NATIONAL BANK

> **Failed bank** · VALLEY VIEW, TX · failed 1990-06-28 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

THE VALLEY VIEW NATIONAL BANK of VALLEY VIEW, TX was closed by the OCC on **1990-06-28**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **THE GAINESVILLE NATIONAL BA** (GAINESVILLE, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2826
- **FDIC Certificate:** 5566
- **FDIC FIN:** 4238
- **Bank name:** THE VALLEY VIEW NATIONAL BANK
- **Location:** VALLEY VIEW, TX
- **Failure date:** 1990-06-28
- **FDIC resolution date:** 1990-06-28
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $13M
- **Assets at failure:** $13M
- **Acquiring bank:** THE GAINESVILLE NATIONAL BA (GAINESVILLE, TX)

## Other banks THE GAINESVILLE NATIONAL BA has acquired in FDIC resolutions

- FIRST NATIONAL BANK OF SANGER (SANGER, TX) — failed 1990-03-01 — /failed-bank/2680

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20VALLEY%20VIEW%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE VALLEY VIEW NATIONAL BANK (FDIC ID 2826), failed 1990-06-28. Retrieved via AI Analytics 2026-05-23 from https://api.ai-analytics.org/failed-bank/2826.

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