Bank failure · CO
Mesa Fs & LA of Colorado (Grand Junction, CO) — failed March 9, 1989
Mesa Fs & LA of Colorado of Grand Junction, Colorado was closed on March 9, 1989 and resolved through a insured deposit transfer. Mesa Nb (CO) took over its insured deposits. At failure it held $117.4M in assets and $108.8M in deposits. The FDIC's estimated loss on the failure is $6.3M (5.4% of assets).
- Closing date
- March 9, 1989
- FDIC certificate #
- 28354
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Mesa Nb
- Insurance fund
- RTC
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