BANK OF WINTER PARK Failed 1987
What happened
BANK OF WINTER PARK of WINTER PARK, CO was closed on 1987-11-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK OF ASPEN (ASPEN, CO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1552
- FDIC Certificate
- 20597
- FDIC FIN
- 2746
- Bank name
- BANK OF WINTER PARK
- Location
- WINTER PARK, 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
- FDIC DIF cost (est.)
- $14M
- Deposits at failure
- $23M
- Assets at failure
- $24M
- Acquiring bank
- BANK OF ASPEN (ASPEN, CO)
Other banks BANK OF ASPEN acquired in FDIC resolutions