Bank failure · CO
Bennett National Bank (Bennett, CO) — failed July 13, 1989
Bennett National Bank of Bennett, Colorado was closed on July 13, 1989 and resolved through a insured deposit transfer. The First National Bank of (CO) took over its insured deposits. At failure it held $8.3M in assets and $8.0M in deposits. The FDIC's estimated loss on the failure is $2.8M (34.1% of assets).
- Closing date
- July 13, 1989
- FDIC certificate #
- 24741
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- The First National Bank of
- Insurance fund
- FDIC
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