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Bank failure · CO

The Bank of Park County (Bailey, CO) — failed July 25, 1986

The Bank of Park County of Bailey, Colorado was closed on July 25, 1986 and resolved through a insured deposit transfer. Bank of Mountain Valley (CO) took over its insured deposits. At failure it held $6.0M in assets and $5.0M in deposits.

Closing date
July 25, 1986
FDIC certificate #
21622
Resolution
Insured deposit transfer (failure)
Acquiring institution
Bank of Mountain Valley
Insurance fund
FDIC

Other failures in 1986

What happens when a bank fails