Community Banks of Colorado Closed By Regulators

Community Banks of Colorado, Greenwood Village, CO, was closed by the Board of Governors of the Federal Reserve System.  The FDIC, appointed as receiver, sold the failed bank to Bank Midwest, N.A., Kansas City, Missouri. Bank Midwest will assume all deposits and purchase all assets of failed Community Banks.  All 40 branches of failed Community […]

Bank of Choice, Greeley, CO, Closed By Regulators

Bank of Choice, Greeley, Colorado, was closed today by state regulators.  The FDIC, appointed as receiver, sold the failed bank to Bank Midwest, N.A., Kansas City, MO. Bank of Choice had 17 branches with $1.07 billion in assets and $924.9 million in deposits.  Depositors of the failed bank will automatically become depositors of Bank Midwest […]