# SIERRA FS&LA

> **Failed bank** · DENVER, CO · failed 1985-08-09 · SL · FDIC cost $56M

## What happened

SIERRA FS&LA of DENVER, CO was closed by state regulators on **1985-08-09**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **COMMERCIAL FS&LA** (OMAHA, NE). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1049
- **FDIC Certificate:** 31906
- **FDIC FIN:** 0
- **Bank name:** SIERRA FS&LA
- **Location:** DENVER, CO
- **Failure date:** 1985-08-09
- **FDIC resolution date:** 1986-02-28
- **Charter type:** SL
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $56M
- **Deposits at failure:** $81M
- **Assets at failure:** $48M
- **Acquiring bank:** COMMERCIAL FS&LA (OMAHA, NE)

## Other banks COMMERCIAL FS&LA has acquired in FDIC resolutions

- KEY S&LA (ENGLEWOOD, CO) — failed 1987-02-27 — /failed-bank/1375
- CORONADO FS&LA (KANSAS CITY, KS) — failed 1986-02-07 — /failed-bank/1143

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SIERRA%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SIERRA FS&LA (FDIC ID 1049), failed 1985-08-09. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1049.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*