Bank failure · CO
Rocky Mountain National Bank (Denver, CO) — failed May 31, 1990
Rocky Mountain National Bank of Denver, Colorado was closed on May 31, 1990 and resolved through a purchase and assumption. Colonial National Bank (CO) took over its insured deposits. At failure it held $9.2M in assets and $8.9M in deposits. The FDIC's estimated loss on the failure is $1.7M (18.2% of assets).
- Closing date
- May 31, 1990
- FDIC certificate #
- 25909
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Colonial National Bank
- Insurance fund
- BIF
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