Valley State Bank

Status:Inactive as of 09/28/1987
 Absorption - Assisted
Successor Bank:Capital Bank of California
Headquarters:Valley State Bank
6454 Van Nuys Boulevard
Encino, CA 91316
Established:05/07/1979
FDIC Insurance:05/07/1979
FDIC Cert:#22857
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$93,209,000
Total Deposits:$92,026,000

History

1979-05-07Institution established: Original name:Valley State Bank
1987-09-28Failed. Acquired with government financial assistance and subsequently operated as part of Capital Bank of California (23183)
1993-06-18Failed. No active institution received any of its deposits or its assets.