Bank failure · CO
The Aurora Bank (Aurora, CO) — failed November 1, 1985
The Aurora Bank of Aurora, Colorado was closed on November 1, 1985 and resolved through a purchase and assumption. Omnibank Iliff National (CO) took over its insured deposits. At failure it held $16.6M in assets and $15.2M in deposits. The FDIC's estimated loss on the failure is $7.5M (45.0% of assets).
- Closing date
- November 1, 1985
- FDIC certificate #
- 23892
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Omnibank Iliff National
- Insurance fund
- FDIC
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