Bank failure · CO
Sierra Fs&la (Denver, CO) — failed August 9, 1985
Sierra Fs&la of Denver, Colorado was closed on August 9, 1985 and resolved through a insured deposit transfer. Commercial Fs&la (NE) took over its insured deposits. At failure it held $48.4M in assets and $81.5M in deposits. The FDIC's estimated loss on the failure is $56.3M (116.4% of assets).
- Closing date
- August 9, 1985
- FDIC certificate #
- 31906
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Commercial Fs&la
- Insurance fund
- FSLIC
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