Bank failure · CO
American National Bank of Grand Junction (Grand Junction, CO) — failed January 8, 1987
American National Bank of Grand Junction of Grand Junction, Colorado was closed on January 8, 1987 and resolved through a insured deposit transfer. Intrawest Bank of Grand (CO) took over its insured deposits. At failure it held $7.7M in assets and $7.2M in deposits. The FDIC's estimated loss on the failure is $1.6M (20.6% of assets).
- Closing date
- January 8, 1987
- FDIC certificate #
- 25053
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Intrawest Bank of Grand
- Insurance fund
- FDIC
Other failures in 1987
- American Fs&la VA
- First Fs&la of Slidell LA
- First Financial Bank, FSB LA
- Gibson Federal S&la IL
- First Fs&la of Alexandria LA
- First Financial of LA LA
- Firstbanc FSB LA
- The Falun State Bank KS
- Community Fs&la OH
- First State Bank at Shoshoni WY
- Usbank TX
- American Bank of Commerce LA
- Bank of Mabank TX
- Mt. Pleasant S&la TX
- Boone County Fs&la MO
- Surety Fs&la NC
- First Interstate Bank of Alaska AK
- Lewis and Clark State Bank OR
- Louisiana Bank & Trust Company LA
- American Bank in Louisiana LA
- The First National Bank in Rhome TX
- Bancfirst-Austin, N.A. TX
- Heritage National Bank TX
- Crofton State Bank NE