# GOLDEN VALLEY BANK

> **Failed bank** · TURLOCK, CA · failed 1985-03-25 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $9M

## What happened

GOLDEN VALLEY BANK of TURLOCK, CA was closed by regulators on **1985-03-25**. The FDIC was named receiver.

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

Deposits were transferred to **FARMERS&MERCHANTS BK CNT** (LODI, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 970
- **FDIC Certificate:** 22387
- **FDIC FIN:** 2450
- **Bank name:** GOLDEN VALLEY BANK
- **Location:** TURLOCK, CA
- **Failure date:** 1985-03-25
- **FDIC resolution date:** 1985-03-25
- **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:** $9M
- **Deposits at failure:** $80M
- **Assets at failure:** $82M
- **Acquiring bank:** FARMERS&MERCHANTS BK CNT (LODI, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GOLDEN VALLEY BANK (FDIC ID 970), failed 1985-03-25. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/970.

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