Valley Federal Savings and Loan Association
Status: | Inactive as of 10/19/1989 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Valley Federal Savings Association |
Headquarters: | Valley Federal Savings and Loan Association #1 South Broadway Mcallen, TX 78502 |
Established: | 10/01/1934 |
FDIC Insurance: | 11/13/1934 |
FDIC Cert: | #29183 |
Charter Class: | |
Total Assets: | $517,092,000 |
Total Deposits: | $542,897,000 |
History
1934-10-01 | Institution established: Original name:Valley Federal Savings and Loan Association | |
1989-10-19 | Institution established: Original name:Valley Federal Savings Association (32823) | |
1989-10-19 | Placed into government conservatorship. | |
1989-10-19 | Failed, went into receivership, and then became part of Valley Federal Savings Association (32823) | |
1990-06-29 | Government conservatorship or bridge bank resolved. | |
1990-06-29 | Acquired after government financial assistance and subsequently operated as part of International Bank of Commerce (19629) | |
1991-06-21 | Acquired Travis Federal Savings and Loan Association (33090) in SAN ANTONIO, TX | |
1992-06-25 | Acquired Castle Hills National Bank (25063) in SAN ANTONIO, TX | |
1994-09-01 | Acquired First State Bank and Trust Company (11940) in PORT LAVACA, TX | |
1995-01-31 | Acquired Bank of Corpus Christi (24475) in CORPUS CHRISTI, TX | |
1995-09-08 | Acquired Stone Oak National Bank (24549) in SAN ANTONIO, TX | |
1997-11-06 | Acquired University Bank (15885) in HOUSTON, TX | |
2001-12-28 | Acquired NBC Bank, National Association (3180) in EAGLE PASS, TX | |
2004-04-16 | Moved bank headquarters from MCALLEN, TX to LAREDO, TX | |
2004-06-19 | Acquired Local Oklahoma Bank (28542) in OKLAHOMA CITY, OK | |
2007-03-16 | Acquired Commercial State Bank (1217) in SINTON, TX |