Bank failure · CO

Columbia Fs&la (Englewood, CO) — failed December 30, 1988

Columbia Fs&la of Englewood, Colorado was closed on December 30, 1988 and resolved through a a/a. Columbia a Fs&la (CO) took over its insured deposits. At failure it held $3.1B in assets and $1.8B in deposits. The FDIC's estimated loss on the failure is $747.2M (23.9% of assets).