Bank failure · OR
Home Valley Bank (Cave Junction, OR) — failed July 23, 2010
Home Valley Bank of Cave Junction, Oregon was closed on July 23, 2010 and resolved through a purchase and assumption. South Valley Bank & Trust (OR) took over its insured deposits. At failure it held $250.5M in assets and $227.9M in deposits. The FDIC's estimated loss on the failure is $28.1M (11.2% of assets).
- Closing date
- July 23, 2010
- FDIC certificate #
- 23181
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- South Valley Bank & Trust
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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