GILPIN COUNTY BANK Failed 1985

BLACK HAWK, CO · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

GILPIN COUNTY BANK of BLACK HAWK, CO was closed on 1985-07-19. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to FIRST INTRST BK GOLDEN N (GOLDEN, CO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1033
FDIC Certificate
22851
FDIC FIN
2479
Bank name
GILPIN COUNTY BANK
Location
BLACK HAWK, CO
Failure date
1985-07-19
FDIC resolution date
1985-07-19
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$3M
Assets at failure
$4M
Acquiring bank
FIRST INTRST BK GOLDEN N (GOLDEN, CO)