COLUMBINE VALLEY BANK AND TRUST Failed 1991

JEFFERSON COUNTY, CO · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

COLUMBINE VALLEY BANK AND TRUST of JEFFERSON COUNTY, CO was closed on 1991-04-26. The FDIC was named receiver.

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

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

Key facts

FDIC ID
3074
FDIC Certificate
23217
FDIC FIN
4345
Bank name
COLUMBINE VALLEY BANK AND TRUST
Location
JEFFERSON COUNTY, CO
Failure date
1991-04-26
FDIC resolution date
1991-04-26
Charter type
State commercial bank, Federal Reserve member
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
VECTRA BANK (DENVER, CO)