Data / Bank failures / 1992 / Cherokee Valley Fsa
Cherokee Valley Fsa, Cleveland, TN: failed June 12, 1992
Cherokee Valley Fsa in Cleveland, Tennessee, failed on June 12, 1992. It held $142.5 million in assets and $124.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $347 (0% of its assets). By assets it was the 72nd largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- June 12, 1992
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- None, NA
- Total assets
- $142,536,000
- Total deposits
- $124,432,000
- Estimated cost to the FDIC
- $347 (estimate as of July 31, 2026)
- Charter
- Savings bank
- Insurance fund
- RTC
- FDIC certificate
- 29084
Other bank failures in Tennessee, 1990 to 1994
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Metropolitan FS & La | Nashville | April 19, 1991 | $985.1 million | $811.8 million | $112.2 million | Union Planters NB |
| First Fsa of Waynesboro | Waynesboro | February 8, 1991 | $18.2 million | $18.1 million | $2.1 million | Wayne County Bank |
| George Washington Fsa | Jonesborough | February 1, 1991 | $14.6 million | $13.3 million | $1.3 million | Home FS&LA of Upper E. TN |
| First National Bank of Jackson | Jackson | October 25, 1990 | $73.7 million | $69.9 million | $5.2 million | First Tennessee Bank, Natio |
| Tennessee Federal Savings Bank | Cookeville | August 3, 1990 | $40 million | $36 million | $10.9 million | Peoples B&T of Cumberlands |
| Investors Savings Bank | Nashville | March 9, 1990 | $81.1 million | $65.8 million | $16.1 million | Amsouth Bank of TN |
All bank failures in 1992 · All bank failures in Tennessee · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.