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Bank failure · CO

Farmers State Bk of Holyoke (Holyoke, CO) — failed December 7, 1984

Farmers State Bk of Holyoke of Holyoke, Colorado was closed on December 7, 1984 and resolved through a purchase and assumption. Security National Bank (CO) took over its insured deposits. At failure it held $3.9M in assets and $3.6M in deposits. The FDIC's estimated loss on the failure is $1.4M (36.3% of assets).

Closing date
December 7, 1984
FDIC certificate #
18946
Resolution
Purchase and assumption (failure)
Acquiring institution
Security National Bank
Insurance fund
FDIC

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