Bank failure · CO

Bank of Clifton (Clifton, CO) — failed September 6, 1985

Bank of Clifton of Clifton, Colorado was closed on September 6, 1985 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $10.9M in assets and $9.8M in deposits. The FDIC's estimated loss on the failure is $2.7M (25.2% of assets).