MIAMI VALLEY BANK Failed 2007

LAKEVIEW, OH · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

MIAMI VALLEY BANK of LAKEVIEW, OH was closed on 2007-10-04. The FDIC was named receiver.

Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to THE CITIZENS BANKING COMPANY (SANDUSKY, OH). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3555
FDIC Certificate
16848
FDIC FIN
10002
Bank name
MIAMI VALLEY BANK
Location
LAKEVIEW, OH
Failure date
2007-10-04
FDIC resolution date
2007-10-04
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Payout / Insured deposits — FDIC paid insured deposits directly to depositors
FDIC DIF cost (est.)
$28M
Deposits at failure
$120M
Assets at failure
$125M
Acquiring bank
THE CITIZENS BANKING COMPANY (SANDUSKY, OH)