Data / Bank failures / 2014 / Valley Bank
Valley Bank, Moline, IL: failed June 20, 2014
Valley Bank in Moline, Illinois, failed on June 20, 2014. Great Southern Bank of Reeds Spring, MO, took over its deposits. It held $456.4 million in assets and $360 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $47.8 million (10.5% of its assets). By assets it was the 2nd largest of 18 banks closed or assisted in 2014.
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The FDIC's record
- Closed
- June 20, 2014
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Great Southern Bank, Reeds Spring, MO
- Total assets
- $456,442,000
- Total deposits
- $359,953,000
- Estimated cost to the FDIC
- $47,807,194 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 10450
Other bank failures in Illinois, 2012 to 2016
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Edgebrook Bank | Chicago | May 8, 2015 | $90 million | $90 million | $20.6 million | Republic Bank of Chicago |
| Highland Community Bank | Chicago | January 23, 2015 | $54.7 million | $53.5 million | $4.7 million | United Fidelity Bank, FSB |
| The National Republic Bank of Chicago | Chicago | October 24, 2014 | $843.1 million | $809.6 million | $54.4 million | State Bank of Texas |
| Greenchoice Bank, FSB | Chicago | July 25, 2014 | $70.3 million | $68.7 million | $18.4 million | Providence Bank, LLC |
| Aztecamerica Bank | Berwyn | May 16, 2014 | $66.3 million | $65 million | $21.7 million | Republic Bank of Chicago |
| Dupage National Bank | West Chicago | January 17, 2014 | $53.5 million | $51.9 million | $1.5 million | Republic Bank of Chicago |
| Covenant Bank | Chicago | February 15, 2013 | $58.4 million | $54.2 million | $19.6 million | Liberty Bank and Trust Company |
| Citizens First National Bank | Princeton | November 2, 2012 | $924 million | $869.4 million | $32.5 million | Heartland Bank and Trust Company |
Other failed banks Great Southern Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Inter Savings Bank, FSB D/b/a/ Interbank, FSB | Maple Grove | MN | April 27, 2012 | $463.8 million | $458.1 million | $79.7 million | Great Southern Bank |
| Sun Security Bank | Ellington | MO | October 7, 2011 | $351.5 million | $280.6 million | $93.1 million | Great Southern Bank |
| Vantus Bank | Sioux City | IA | September 4, 2009 | $503.6 million | $394.4 million | $101.6 million | Great Southern Bank |
| Teambank, N.A. | Paola | KS | March 20, 2009 | $669.8 million | $532.5 million | $134.6 million | Great Southern Bank |
All bank failures in 2014 · All bank failures in Illinois · Every failed bank Great Southern Bank took over · 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.