Bank failure · CO
Bank of Lakewood, National Assoc (Lakewood, CO) — failed April 27, 1989
Bank of Lakewood, National Assoc of Lakewood, Colorado was closed on April 27, 1989 and resolved through a purchase and assumption. Bank of Lakewood (CO) took over its insured deposits. At failure it held $9.7M in assets and $8.3M in deposits. The FDIC's estimated loss on the failure is $3.4M (35.3% of assets).
- Closing date
- April 27, 1989
- FDIC certificate #
- 23735
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of Lakewood
- Insurance fund
- FDIC
Other failures in 1989
- Columbia Fsa TX
- Silver Savings Assoc. NM
- First City National Bank and Trust NY
- United Community Bank CA
- First American Bank and Trust FL
- Red River S & L Assoc. LA
- North Side State Bank OK
- First Acadiana Bank LA
- Canyon Lake Bank TX
- Louisiana Savings Assn. LA
- Yorkridge-Calvert Federal Savings MD
- Midlothian National Bank TX
- City National Bank of Sayre OK
- Atlantic Permanent Federal VA
- City Savings, FSB NJ
- Orange State Bank FL
- First Bank, Pineville, Louisiana LA
- Westheimer Memorial Bank, NA TX
- First Commerce National Bank AZ
- Community Federal Savings Assoc. CT
- Aledo State Bank TX
- The Garnett S & L Assoc. KS
- Atlantic National Bank VA
- First National Bank of Frisco TX