UNITED WESTERN BANK Failed 2011
What happened
UNITED WESTERN BANK of DENVER, CO was closed on 2011-01-21. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST-CITIZENS BANK AND TRUST COMPANY (RALEIGH, NC). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3895
- FDIC Certificate
- 31293
- FDIC FIN
- 10331
- Bank name
- UNITED WESTERN BANK
- Location
- DENVER, CO
- Failure date
- 2011-01-21
- FDIC resolution date
- 2011-01-21
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $133M
- Deposits at failure
- $1,535M
- Assets at failure
- $2,154M
- Acquiring bank
- FIRST-CITIZENS BANK AND TRUST COMPANY (RALEIGH, NC)
Other banks FIRST-CITIZENS BANK AND TRUST COMPANY acquired in FDIC resolutions