TellerScore

Bank failure · CO

Buena Vista Bank & Trust Company (Buena Vista, CO) — failed August 28, 1986

Buena Vista Bank & Trust Company of Buena Vista, Colorado was closed on August 28, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $32.8M in assets and $30.5M in deposits. The FDIC's estimated loss on the failure is $12.2M (37.2% of assets).

Closing date
August 28, 1986
FDIC certificate #
18749
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FDIC

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What happens when a bank fails