SIGNATURE BANK Failed 2011
What happened
SIGNATURE BANK of WINDSOR, 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 POINTS WEST COMMUNITY BANK (JULESBURG, CO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3941
- FDIC Certificate
- 57835
- FDIC FIN
- 10375
- Bank name
- SIGNATURE BANK
- Location
- WINDSOR, 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.)
- $23M
- Deposits at failure
- $60M
- Assets at failure
- $63M
- Acquiring bank
- POINTS WEST COMMUNITY BANK (JULESBURG, CO)