# AMERICAN BANK OF COMMERCE

> **Failed bank** · DENVER, CO · failed 1987-05-06 · State commercial bank, Federal Reserve member · FDIC cost $11M

## What happened

AMERICAN BANK OF COMMERCE of DENVER, CO was closed by state regulators on **1987-05-06**. The FDIC was named receiver.

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

Deposits were transferred to **PROFESSIONAL BANK OF CO** (ENGLEWOOD, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1427
- **FDIC Certificate:** 26207
- **FDIC FIN:** 2683
- **Bank name:** AMERICAN BANK OF COMMERCE
- **Location:** DENVER, CO
- **Failure date:** 1987-05-06
- **FDIC resolution date:** 1987-05-06
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $25M
- **Assets at failure:** $26M
- **Acquiring bank:** PROFESSIONAL BANK OF CO (ENGLEWOOD, CO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AMERICAN%20BANK%20OF%20COMMERCE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN BANK OF COMMERCE (FDIC ID 1427), failed 1987-05-06. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/1427.

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