Data / Bank failures / 1991 / Valley Bank
Valley Bank, White River Junction, VT: failed September 13, 1991
Valley Bank in White River Junction, Vermont, failed on September 13, 1991. Vermont National Bank of Brattleboro, VT, took over its deposits. It held $33.7 million in assets and $35.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $11.1 million (32.9% of its assets). By assets it was the 199th largest of 271 banks closed or assisted in 1991.
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The FDIC's record
- Closed
- September 13, 1991
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Vermont National Bank, Brattleboro, VT
- Total assets
- $33,694,000
- Total deposits
- $35,568,000
- Estimated cost to the FDIC
- $11,068,551 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 26924
Other bank failures in Vermont, 1989 to 1993
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First National Bank of Vermont | Bradford | January 29, 1993 | $295.8 million | $282.4 million | $25.5 million | New First NB of Vermont |
All bank failures in 1991 · All bank failures in Vermont · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.