HOME VALLEY BANK Failed 2010

CAVE JUNCTION, OR · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

HOME VALLEY BANK of CAVE JUNCTION, OR was closed on 2010-07-23. The FDIC was named receiver.

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

Deposits were transferred to SOUTH VALLEY BANK & TRUST (KLAMATH FALLS, OR). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3832
FDIC Certificate
23181
FDIC FIN
10266
Bank name
HOME VALLEY BANK
Location
CAVE JUNCTION, OR
Failure date
2010-07-23
FDIC resolution date
2010-07-23
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$28M
Deposits at failure
$228M
Assets at failure
$250M
Acquiring bank
SOUTH VALLEY BANK & TRUST (KLAMATH FALLS, OR)