DOUGLAS COUNTY NATIONAL BANK Failed 1990

PARKER, CO · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

DOUGLAS COUNTY NATIONAL BANK of PARKER, CO was closed on 1990-12-06. The FDIC was named receiver.

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

Deposits were transferred to CITY CENTER NATIONAL BANK (AURORA, CO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2953
FDIC Certificate
26383
FDIC FIN
4297
Bank name
DOUGLAS COUNTY NATIONAL BANK
Location
PARKER, CO
Failure date
1990-12-06
FDIC resolution date
1990-12-06
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$5M
Assets at failure
$5M
Acquiring bank
CITY CENTER NATIONAL BANK (AURORA, CO)