ENTERPRISE NATIONAL BANK Failed 1988
What happened
ENTERPRISE NATIONAL BANK of ENGLEWOOD, CO was closed on 1988-12-01. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to COLONIAL NATIONAL BANK (DENVER, CO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1989
- FDIC Certificate
- 25188
- FDIC FIN
- 2938
- Bank name
- ENTERPRISE NATIONAL BANK
- Location
- ENGLEWOOD, CO
- Failure date
- 1988-12-01
- FDIC resolution date
- 1988-12-01
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $5M
- Assets at failure
- $5M
- Acquiring bank
- COLONIAL NATIONAL BANK (DENVER, CO)
Other banks COLONIAL NATIONAL BANK acquired in FDIC resolutions