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Bank failure · CO

Bergen Park National Bank (Evergreen, CO) — failed April 20, 1990

Bergen Park National Bank of Evergreen, Colorado was closed on April 20, 1990 and resolved through a purchase and assumption. Nederland National Bank (CO) took over its insured deposits. At failure it held $5.8M in assets and $5.9M in deposits. The FDIC's estimated loss on the failure is $1.1M (19.3% of assets).

Closing date
April 20, 1990
FDIC certificate #
25831
Resolution
Purchase and assumption (failure)
Acquiring institution
Nederland National Bank
Insurance fund
BIF

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