# COMMUNITY BANKS OF COLORADO

> **Failed bank** · GREENWOOD VILLAGE, CO · failed 2011-10-21 · State commercial bank, Federal Reserve member · FDIC cost $169M

## What happened

COMMUNITY BANKS OF COLORADO of GREENWOOD VILLAGE, CO was closed by state regulators 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
- **Estimated FDIC DIF cost:** $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 has acquired in FDIC resolutions

- BANK OF CHOICE (GREELEY, CO) — failed 2011-07-22 — /failed-bank/3946

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COMMUNITY%20BANKS%20OF%20COLORADO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMUNITY BANKS OF COLORADO (FDIC ID 3971), failed 2011-10-21. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3971.

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