ASPEN SAVINGS BANK FSB Failed 1989

ASPEN, CO · SL · view on FDIC BankFind ↗

What happened

ASPEN SAVINGS BANK FSB of ASPEN, CO was closed on 1989-11-09. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to BANK OF ASPEN (ASPEN, CO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2553
FDIC Certificate
31655
FDIC FIN
7055
Bank name
ASPEN SAVINGS BANK FSB
Location
ASPEN, CO
Failure date
1989-11-09
FDIC resolution date
1990-06-08
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$51M
Deposits at failure
$108M
Assets at failure
$136M
Acquiring bank
BANK OF ASPEN (ASPEN, CO)

Other banks BANK OF ASPEN acquired in FDIC resolutions