# ENTERPRISE NATIONAL BANK

> **Failed bank** · ENGLEWOOD, CO · failed 1988-12-01 · National commercial bank (OCC-chartered) · FDIC cost $2M

## What happened

ENTERPRISE NATIONAL BANK of ENGLEWOOD, CO was closed by the OCC 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
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $5M
- **Assets at failure:** $5M
- **Acquiring bank:** COLONIAL NATIONAL BANK (DENVER, CO)

## Other banks COLONIAL NATIONAL BANK has acquired in FDIC resolutions

- ROCKY MOUNTAIN NATIONAL BANK (DENVER, CO) — failed 1990-05-31 — /failed-bank/2785
- PARK CENTRAL BANK, NATIONAL ASSOC (FORT WORTH, TX) — failed 1989-08-24 — /failed-bank/2496

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ENTERPRISE NATIONAL BANK (FDIC ID 1989), failed 1988-12-01. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/1989.

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