# THE FIRST NATIONAL BANK OF BRUSH

> **Failed bank** · BRUSH, CO · failed 1987-10-08 · National commercial bank (OCC-chartered) · FDIC cost $3M

## What happened

THE FIRST NATIONAL BANK OF BRUSH of BRUSH, CO was closed by the OCC on **1987-10-08**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST SECURITY BANK** (FORT LUPTON, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1534
- **FDIC Certificate:** 2998
- **FDIC FIN:** 2737
- **Bank name:** THE FIRST NATIONAL BANK OF BRUSH
- **Location:** BRUSH, CO
- **Failure date:** 1987-10-08
- **FDIC resolution date:** 1987-10-08
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $21M
- **Assets at failure:** $21M
- **Acquiring bank:** FIRST SECURITY BANK (FORT LUPTON, CO)

## Other banks FIRST SECURITY BANK has acquired in FDIC resolutions

- SWEETWATER FS & LA (ROCK SPRINGS, WY) — failed 1990-08-22 — /failed-bank/2878

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20FIRST%20NATIONAL%20BANK%20OF%20BRUSH

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE FIRST NATIONAL BANK OF BRUSH (FDIC ID 1534), failed 1987-10-08. Retrieved via AI Analytics 2026-07-13 from https://api.ai-analytics.org/failed-bank/1534.

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