Bank failure · CO
Aspen Savings Bank FSB (Aspen, CO) — failed November 9, 1989
Aspen Savings Bank FSB of Aspen, Colorado was closed on November 9, 1989 and resolved through a insured deposit transfer. Bank of Aspen (CO) took over its insured deposits. At failure it held $136.3M in assets and $108.2M in deposits. The FDIC's estimated loss on the failure is $51.3M (37.6% of assets).
- Closing date
- November 9, 1989
- FDIC certificate #
- 31655
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Bank of Aspen
- Insurance fund
- RTC
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