# BESTBANK

> **Failed bank** · BOULDER, CO · failed 1998-07-23 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $219M

## What happened

BESTBANK of BOULDER, CO was closed by regulators on **1998-07-23**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **THE PUEBLO BANK AND TRUST C** (PUEBLO, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3514
- **FDIC Certificate:** 91189
- **FDIC FIN:** 4632
- **Bank name:** BESTBANK
- **Location:** BOULDER, CO
- **Failure date:** 1998-07-23
- **FDIC resolution date:** 1998-07-23
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $219M
- **Deposits at failure:** $206M
- **Assets at failure:** $233M
- **Acquiring bank:** THE PUEBLO BANK AND TRUST C (PUEBLO, CO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BESTBANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BESTBANK (FDIC ID 3514), failed 1998-07-23. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3514.

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