ROCKY MOUNTAIN NATIONAL BANK Failed 1990
What happened
ROCKY MOUNTAIN NATIONAL BANK of DENVER, CO was closed on 1990-05-31. 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
- 2785
- FDIC Certificate
- 25909
- FDIC FIN
- 4209
- Bank name
- ROCKY MOUNTAIN NATIONAL BANK
- Location
- DENVER, CO
- Failure date
- 1990-05-31
- FDIC resolution date
- 1990-05-31
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $9M
- Assets at failure
- $9M
- Acquiring bank
- COLONIAL NATIONAL BANK (DENVER, CO)
Other banks COLONIAL NATIONAL BANK acquired in FDIC resolutions