Bank failure · CO
Douglas County National Bank (Parker, CO) — failed December 6, 1990
Douglas County National Bank of Parker, Colorado was closed on December 6, 1990 and resolved through a purchase and assumption. City Center National Bank (CO) took over its insured deposits. At failure it held $5.4M in assets and $5.3M in deposits. The FDIC's estimated loss on the failure is $763K (14.2% of assets).
- Closing date
- December 6, 1990
- FDIC certificate #
- 26383
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- City Center National Bank
- Insurance fund
- BIF
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