KEY S&LA Failed 1987
What happened
KEY S&LA of ENGLEWOOD, CO was closed on 1987-02-27. 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
- 1375
- FDIC Certificate
- 30623
- FDIC FIN
- 7589
- Bank name
- KEY S&LA
- Location
- ENGLEWOOD, CO
- Failure date
- 1987-02-27
- FDIC resolution date
- 1988-11-18
- Charter type
- SL
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $122M
- Deposits at failure
- $204M
- Assets at failure
- $242M
- Acquiring bank
- COMMERCIAL FS&LA (OMAHA, NE)
Other banks COMMERCIAL FS&LA acquired in FDIC resolutions