SILVERADO S&LA Failed 1988
What happened
SILVERADO S&LA of DENVER, CO was closed on 1988-12-09. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to COLUMBIA SAVINGS, A FS&LA (ENGLEWOOD, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1999
- FDIC Certificate
- 30760
- FDIC FIN
- 7590
- Bank name
- SILVERADO S&LA
- Location
- DENVER, CO
- Failure date
- 1988-12-09
- FDIC resolution date
- 1988-12-31
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $1,300M
- Deposits at failure
- $1,767M
- Assets at failure
- $2,315M
- Acquiring bank
- COLUMBIA SAVINGS, A FS&LA (ENGLEWOOD, OH)