Valley Federal Savings Bank

Details Valley Federal Savings Bank Valley Federal Savings Bank

New Mexico

Chaves

Roswell

(SA) Savings associations, state or federal charter

inactive

30427

1945

FDIC Certificate Number: 30427
FDIC's unique number: 43261
The FDIC Field Office where an institution is physically located: Albuquerque

Federal Reserve ID Number: 515577
Report Date: 1989-06-30

Bank Charter Class: SA
The date of the last data update: 1990-10-04

1945-01-01 Institution established. Original name: Valley Federal Savings Bank.
1984-09-30 Acquired Home Federal Savings And Loan Association in Portales, New Mexico.
1989-03-09 Entered into a conservatorship.
1989-08-31 Merged with government financial assistance and subsequently operated as part of Valley Savings Bank, F.S.B. in Roswell, New Mexico.
1990-06-08 Ceased operations as a result of a government supervised payoff, liquidation or closing. No active institution received any of deposits.
1990-06-08 Government conservatorship or bridge bank resolved.

Total assets: $152,410,000
Total deposits: $250,877,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-10661