MALTA NATIONAL BANK Failed 2001

MALTA, OH · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

MALTA NATIONAL BANK of MALTA, OH was closed on 2001-05-03. The FDIC was named receiver.

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

Deposits were transferred to NORTH VALLEY BANK (ZAINESVILLE, OH). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3532
FDIC Certificate
6629
FDIC FIN
4648
Bank name
MALTA NATIONAL BANK
Location
MALTA, OH
Failure date
2001-05-03
FDIC resolution date
2001-05-03
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$9M
Assets at failure
$9M
Acquiring bank
NORTH VALLEY BANK (ZAINESVILLE, OH)