THE AURORA BANK Failed 1985

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

What happened

THE AURORA BANK of AURORA, CO was closed on 1985-11-01. The FDIC was named receiver.

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

Deposits were transferred to OMNIBANK ILIFF NATIONAL (AURORA, CO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1093
FDIC Certificate
23892
FDIC FIN
2511
Bank name
THE AURORA BANK
Location
AURORA, CO
Failure date
1985-11-01
FDIC resolution date
1985-11-01
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$7M
Deposits at failure
$15M
Assets at failure
$17M
Acquiring bank
OMNIBANK ILIFF NATIONAL (AURORA, CO)