Valley Federal Savings Bank
| Status: | Inactive as of 08/31/1989 |
| Absorption - Assisted | |
| Successor Bank: | Valley Savings Bank, F.S.B. |
| Headquarters: | Valley Federal Savings Bank 3rd & Main Street Roswell, NM 88201 |
| Established: | 01/01/1945 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #30427 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $152,410,000 |
| Total Deposits: | $250,877,000 |
History
| 1945-01-01 | Institution established: Original name:Valley Federal Savings Bank | |
| 1984-09-30 | Acquired Home Federal Savings and Loan Association (31247) in PORTALES, NM | |
| 1989-03-09 | Placed into government conservatorship. | |
| 1989-08-31 | Institution established: Original name:Valley Savings Bank, F.S.B. (32785) | |
| 1989-08-31 | Failed. Acquired with government financial assistance and subsequently operated as part of Valley Savings Bank, F.S.B. (32785) | |
| 1990-06-08 | Government conservatorship or bridge bank resolved. | |
| 1990-06-08 | Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits. |