# FIRST INDUSTRIAL BANK OF ROCKY FORD

> **Failed bank** · ROCKY FORD, CO · failed 1988-12-16 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $7M

## What happened

FIRST INDUSTRIAL BANK OF ROCKY FORD of ROCKY FORD, CO was closed by regulators on **1988-12-16**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **FIRST NB OF ORDWAY** (ORDWAY, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2016
- **FDIC Certificate:** 90047
- **FDIC FIN:** 2948
- **Bank name:** FIRST INDUSTRIAL BANK OF ROCKY FORD
- **Location:** ROCKY FORD, CO
- **Failure date:** 1988-12-16
- **FDIC resolution date:** 1988-12-16
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $11M
- **Assets at failure:** $12M
- **Acquiring bank:** FIRST NB OF ORDWAY (ORDWAY, CO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20INDUSTRIAL%20BANK%20OF%20ROCKY%20FORD

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST INDUSTRIAL BANK OF ROCKY FORD (FDIC ID 2016), failed 1988-12-16. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2016.

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