Data / Bank failures / 2009 / Valley Capital Bank, N.A.
Valley Capital Bank, N.A., Mesa, AZ: failed December 11, 2009
Valley Capital Bank, N.A. in Mesa, Arizona, failed on December 11, 2009. Enterprise Bank & Trust of Clayton, MO, took over its deposits. It held $40.3 million in assets and $41.3 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $15 million (37.4% of its assets). By assets it was the 142nd largest of 148 banks closed or assisted in 2009.
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
- December 11, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Enterprise Bank & Trust, Clayton, MO
- Total assets
- $40,270,000
- Total deposits
- $41,312,000
- Estimated cost to the FDIC
- $15,047,131 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 58399
Other bank failures in Arizona, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Western National Bank | Phoenix | December 16, 2011 | $162.9 million | $144.5 million | $41.7 million | Washington Federal |
| Summit Bank | Prescott | July 15, 2011 | $73.1 million | $67.5 million | $14.9 million | The Foothills Bank |
| Legacy Bank | Scottsdale | January 7, 2011 | $136.4 million | $119.7 million | $32.2 million | Enterprise Bank & Trust |
| Copper Star Bank | Scottsdale | November 12, 2010 | $204 million | $190.2 million | $52.6 million | Stearns Bank, National Association |
| First Arizona Savings, A FSB | Scottsdale | October 22, 2010 | $255.9 million | $190.6 million | $26.8 million | |
| Towne Bank of Arizona | Mesa | May 7, 2010 | $120.2 million | $113.2 million | $44.3 million | Commerce Bank of Arizona |
| Desert Hills Bank | Phoenix | March 26, 2010 | $496.6 million | $426.5 million | $108.9 million | New York Community Bank |
| Bank USA, NA | Phoenix | October 30, 2009 | $213.2 million | $170.7 million | $11.7 million | U.S. Bank, NA |
Other failed banks Enterprise Bank & Trust took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| The First National Bank of Olathe | Olathe | KS | August 12, 2011 | $538.1 million | $524.3 million | $103.3 million | Enterprise Bank & Trust |
| Legacy Bank | Scottsdale | AZ | January 7, 2011 | $136.4 million | $119.7 million | $32.2 million | Enterprise Bank & Trust |
All bank failures in 2009 · All bank failures in Arizona · Every failed bank Enterprise Bank & Trust took over · 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.