Steel Valley Bank

Status:Inactive as of 2005-01-03
 Merger - Without Assistance
Participated in Reorganization
Successor Bank:Ameribank, Inc.
Headquarters:Steel Valley Bank
Main Street
Dillonvale, OH 43917
Established:1901-01-01
FDIC Insurance:1934-02-17
FDIC Cert:#13918
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:3
Total Assets:$51,413,000
Total Deposits:$44,814,000

History

1901-01-01Institution established: Original name:First National Bank at Dillonvale
1993-01-11Changed name to Steel Valley Bank, National Association
2005-01-03Merged into and subsequently operated as part of Ameribank, Inc. (6782) in WELCH, WV
2005-01-03Reorganized.
2008-09-19Failed. Acquired with government financial assistance and subsequently operated as part of Pioneer Community Bank, Inc. (2448)
2012-06-18Moved bank headquarters from WELCH, WV to IAEGER, WV

Financial Information (2004-12-31 and Older)