SECURITY BANK OF DENVER, N.A. Failed 1988
What happened
SECURITY BANK OF DENVER, N.A. of DENVER, CO was closed on 1988-03-10. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CITY CENTER NATIONAL BAN (AURORA, CO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1640
- FDIC Certificate
- 18598
- FDIC FIN
- 2794
- Bank name
- SECURITY BANK OF DENVER, N.A.
- Location
- DENVER, CO
- Failure date
- 1988-03-10
- FDIC resolution date
- 1988-03-10
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $17M
- Assets at failure
- $17M
- Acquiring bank
- CITY CENTER NATIONAL BAN (AURORA, CO)