Bank failure · OH
Malta National Bank (Malta, OH) — failed May 3, 2001
Malta National Bank of Malta, Ohio was closed on May 3, 2001 and resolved through a purchase and assumption. North Valley Bank (OH) took over its insured deposits. At failure it held $9.1M in assets and $8.7M in deposits. The FDIC's estimated loss on the failure is $769K (8.5% of assets).
- Closing date
- May 3, 2001
- FDIC certificate #
- 6629
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- North Valley Bank
- Insurance fund
- BIF
- Pre-failure filings
- Last reported financials