Bank failure · CO
North American National Bank (Littleton, CO) — failed May 7, 1987
North American National Bank of Littleton, Colorado was closed on May 7, 1987 and resolved through a insured deposit transfer. Firstbank of Colorado NA (CO) took over its insured deposits. At failure it held $9.5M in assets and $9.0M in deposits. The FDIC's estimated loss on the failure is $3.8M (39.9% of assets).
- Closing date
- May 7, 1987
- FDIC certificate #
- 24569
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Firstbank of Colorado NA
- Insurance fund
- FDIC
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