# MIDDLE PARK BANK

> **Failed bank** · GRANBY, CO · failed 1987-11-10 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $15M

## What happened

MIDDLE PARK BANK of GRANBY, CO was closed by regulators on **1987-11-10**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 1551
- **FDIC Certificate:** 16966
- **FDIC FIN:** 2745
- **Bank name:** MIDDLE PARK BANK
- **Location:** GRANBY, CO
- **Failure date:** 1987-11-10
- **FDIC resolution date:** 1987-11-10
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $15M
- **Deposits at failure:** $33M
- **Assets at failure:** $35M
- **Acquiring bank:** BANK OF KREMMLING (KREMMLING, CO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MIDDLE PARK BANK (FDIC ID 1551), failed 1987-11-10. Retrieved via AI Analytics 2026-06-27 from https://api.ai-analytics.org/failed-bank/1551.

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