Bank failure · CO
Columbine Valley Bank and Trust (Jefferson County, CO) — failed April 26, 1991
Columbine Valley Bank and Trust of Jefferson County, Colorado was closed on April 26, 1991 and resolved through a purchase and assumption. Vectra Bank (CO) took over its insured deposits. At failure it held $9.5M in assets and $9.2M in deposits. The FDIC's estimated loss on the failure is $2.0M (21.2% of assets).
- Closing date
- April 26, 1991
- FDIC certificate #
- 23217
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Vectra Bank
- Insurance fund
- BIF
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