Data / Bank failures / 2001 / Malta National Bank
Malta National Bank, Malta, OH: failed May 3, 2001
Malta National Bank in Malta, Ohio, failed on May 3, 2001. North Valley Bank of Zainesville, OH, took over its deposits. It held $9.1 million in assets and $8.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $768,570 (8.5% of its assets). By assets it was the 4th largest of 4 banks closed or assisted in 2001.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- May 3, 2001
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- North Valley Bank, Zainesville, OH
- Total assets
- $9,075,000
- Total deposits
- $8,728,000
- Estimated cost to the FDIC
- $768,570 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 6629
Other bank failures in Ohio, 1999 to 2003
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Oakwood Deposit Bank | Oakwood | February 1, 2002 | $72.3 million | $60.2 million | $63.6 million | The State Bank and Trust Co |
All bank failures in 2001 · All bank failures in Ohio · 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.