Bank failure · CO
National City Bank of Denver (Denver, CO) — failed June 14, 1990
National City Bank of Denver of Denver, Colorado was closed on June 14, 1990 and resolved through a purchase and assumption. Omnibank Southeast (CO) took over its insured deposits. At failure it held $58.4M in assets and $65.1M in deposits. The FDIC's estimated loss on the failure is $13.5M (23.1% of assets).
- Closing date
- June 14, 1990
- FDIC certificate #
- 3012
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Omnibank Southeast
- Insurance fund
- BIF
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