Bank failure · CO
Key S&la (Englewood, CO) — failed February 27, 1987
Key S&la of Englewood, Colorado was closed on February 27, 1987 and resolved through a insured deposit transfer. Commercial Fs&la (NE) took over its insured deposits. At failure it held $241.6M in assets and $203.7M in deposits. The FDIC's estimated loss on the failure is $121.7M (50.3% of assets).
- Closing date
- February 27, 1987
- FDIC certificate #
- 30623
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Commercial Fs&la
- Insurance fund
- FSLIC
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