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United Western Bank, Colorado, Closed By Regulators

January 22, 2011 By Bill Zielinski Leave a Comment

January 21, 2010 – United Western Bank, Denver, Colorado, was closed today by the Office of Thrift Supervision, which appointed the FDIC as receiver.  The FDIC entered into a purchase and assumption agreement with First-Citizens Bank & Trust Company, Raleigh, North Carolina, to assume all deposits of the failed bank. United Western had 8 branches […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC asset sales, problem banks Tagged With: $2 billion bank failure, failed bank, First Citizens acquires 5th failed bank, problem bank, United Western collapses

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