# WEST VALLEY BANK

> **Failed bank** · WOODLAND HILLS, CA · failed 1985-02-08 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

WEST VALLEY BANK of WOODLAND HILLS, CA was closed by regulators on **1985-02-08**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST INTERSTATE BANK LT** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 961
- **FDIC Certificate:** 22673
- **FDIC FIN:** 2443
- **Bank name:** WEST VALLEY BANK
- **Location:** WOODLAND HILLS, CA
- **Failure date:** 1985-02-08
- **FDIC resolution date:** 1985-02-08
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $43M
- **Assets at failure:** $48M
- **Acquiring bank:** FIRST INTERSTATE BANK LT (LOS ANGELES, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WEST VALLEY BANK (FDIC ID 961), failed 1985-02-08. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/failed-bank/961.

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