Bank failure · CO
Sun S & LA (Parker, CO) — failed March 9, 1989
Sun S & LA of Parker, Colorado was closed on March 9, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $289.5M in assets and $259.9M in deposits. The FDIC's estimated loss on the failure is $162.1M (56.0% of assets).
- Closing date
- March 9, 1989
- FDIC certificate #
- 29553
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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