TellerScore

Bank failure · CO

Dominion Bk of Denver (Denver, CO) — failed September 30, 1983

Dominion Bk of Denver of Denver, Colorado was closed on September 30, 1983 and resolved through a purchase and assumption. Central Bank at Stapleto (CO) took over its insured deposits. At failure it held $16.7M in assets and $13.7M in deposits. The FDIC's estimated loss on the failure is $4.0M (23.9% of assets).

Closing date
September 30, 1983
FDIC certificate #
19609
Resolution
Purchase and assumption (failure)
Acquiring institution
Central Bank at Stapleto
Insurance fund
FDIC

Other failures in 1983

What happens when a bank fails