Bank failure · CO

Fidelity Bank of Denver (Denver, CO) — failed March 29, 1985

Fidelity Bank of Denver of Denver, Colorado was closed on March 29, 1985 and resolved through a purchase and assumption. American Bank of Commerc (CO) took over its insured deposits. At failure it held $54.7M in assets and $48.8M in deposits. The FDIC's estimated loss on the failure is $12.2M (22.4% of assets).