Bank failure · MO
102 Valley Bank (Hopkins, MO) — failed July 5, 1989
102 Valley Bank of Hopkins, Missouri was closed on July 5, 1989 and resolved through a insured deposit transfer. The Nodaway Valley Bank (MO) took over its insured deposits. At failure it held $5.0M in assets and $5.0M in deposits. The FDIC's estimated loss on the failure is $1.7M (34.6% of assets).
- Closing date
- July 5, 1989
- FDIC certificate #
- 17405
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- The Nodaway Valley Bank
- Insurance fund
- FDIC
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