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Data / Bank failures / 2007 / Miami Valley Bank

Miami Valley Bank, Lakeview, OH: failed October 4, 2007

Miami Valley Bank in Lakeview, Ohio, failed on October 4, 2007. The Citizens Banking Company of Sandusky, OH, took over its deposits. It held $125.4 million in assets and $119.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $28.4 million (22.6% of its assets). By assets it was the 2nd largest of 3 banks closed or assisted in 2007.

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The FDIC's record

Closed
October 4, 2007
Type
Failure
How it was resolved
Purchase and assumption of the insured deposits only
Acquirer
The Citizens Banking Company, Sandusky, OH
Total assets
$125,362,000
Total deposits
$119,601,000
Estimated cost to the FDIC
$28,393,966 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
16848

The FDIC record

Other bank failures in Ohio, 2005 to 2009

BankCityClosedAssetsDepositsEstimated costAcquirer
Amtrust BankClevelandDecember 4, 2009$11.44 billion$8.56 billion$1.69 billionNew York Community Bank
Peoples Community BankWest ChesterJuly 31, 2009$606.2 million$538.8 million$61.5 millionFirst Financial Bank, National Association

All bank failures in 2007 · 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.