COMMUNITY BANKS OF COLORADO Failed 2011
What happened
COMMUNITY BANKS OF COLORADO of GREENWOOD VILLAGE, CO was closed on 2011-10-21. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to BANK MIDWEST, NATIONAL ASSOCIATION (KANSAS CITY, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3971
- FDIC Certificate
- 21132
- FDIC FIN
- 10405
- Bank name
- COMMUNITY BANKS OF COLORADO
- Location
- GREENWOOD VILLAGE, CO
- Failure date
- 2011-10-21
- FDIC resolution date
- 2011-10-21
- Charter type
- State commercial bank, Federal Reserve member
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $169M
- Deposits at failure
- $1,240M
- Assets at failure
- $1,281M
- Acquiring bank
- BANK MIDWEST, NATIONAL ASSOCIATION (KANSAS CITY, MO)
Other banks BANK MIDWEST, NATIONAL ASSOCIATION acquired in FDIC resolutions