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Failed Bank Information for Home Valley Bank, Cave Junction, OR

On July 23, 2010, Home Valley Bank was closed by the Oregon Department of Consumer and Business Services. The FDIC was named Receiver. South Valley Bank & Trust, Klamath Falls, OR acquired all deposit accounts.

The FDIC as Receiver for Home Valley Bank, Cave Junction, OR has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on June 5, 2018 and has made all dividend distributions required by law.

Effective September 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination (www.federalregister.gov)

Effective Date: September 1, 2018


Notice of Intent to Terminate (www.federalregister.gov)

Publication Date: June 5, 2018

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: SOUTH VALLEY BANK & TRUST

About South Valley Bank & Trust

All deposit accounts were transferred to South Valley Bank & Trust, Klamath Falls, OR ("assuming institution"). Former Home Valley Bank locations reopened as branches of South Valley Bank & Trust.

Your transferred deposits were separately insured from any accounts you may have already had at South Valley Bank & Trust for at least six months after the failure of Home Valley Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with South Valley Bank & Trust as long as the deposits are not pledged as collateral for loans.

Contacting South Valley Bank & Trust

On October 31, 2012, South Valley Bank & Trust merged with Washington Federal, National Association. You can contact Washington Federal, National Association:

Washington Federal, National Association
425 Pike Street
Seattle, WA 98101

Washington Federal, National Association (www.washingtonfederal.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank