# ASPEN SAVINGS BANK FSB

> **Failed bank** · ASPEN, CO · failed 1989-11-09 · SL · FDIC cost $51M

## What happened

ASPEN SAVINGS BANK FSB of ASPEN, CO was closed by state regulators 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
- **Estimated FDIC DIF cost:** $51M
- **Deposits at failure:** $108M
- **Assets at failure:** $136M
- **Acquiring bank:** BANK OF ASPEN (ASPEN, CO)

## Other banks BANK OF ASPEN has acquired in FDIC resolutions

- BANK OF WINTER PARK (WINTER PARK, CO) — failed 1987-11-10 — /failed-bank/1552

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ASPEN SAVINGS BANK FSB (FDIC ID 2553), failed 1989-11-09. Retrieved via AI Analytics 2026-05-24 from https://api.ai-analytics.org/failed-bank/2553.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*