COLORADO CAPITAL BANK Failed 2011
What happened
COLORADO CAPITAL BANK of CASTLE ROCK, CO was closed on 2011-07-08. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST-CITIZENS BANK & TRUST COMPANY (RALEIGH, NC). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3940
- FDIC Certificate
- 34522
- FDIC FIN
- 10373
- Bank name
- COLORADO CAPITAL BANK
- Location
- CASTLE ROCK, CO
- Failure date
- 2011-07-08
- FDIC resolution date
- 2011-07-08
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $255M
- Deposits at failure
- $635M
- Assets at failure
- $666M
- Acquiring bank
- FIRST-CITIZENS BANK & TRUST COMPANY (RALEIGH, NC)
Other banks FIRST-CITIZENS BANK & TRUST COMPANY acquired in FDIC resolutions