Data / Bank failures / 2011 / Community Banks of Colorado
Community Banks of Colorado, Greenwood Village, CO: failed October 21, 2011
Community Banks of Colorado in Greenwood Village, Colorado, failed on October 21, 2011. Bank Midwest, National Association of Kansas City, MO, took over its deposits. It held $1.28 billion in assets and $1.24 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $169.2 million (13.2% of its assets). By assets it was the 6th largest of 92 banks closed or assisted in 2011.
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The FDIC's record
- Closed
- October 21, 2011
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Bank Midwest, National Association, Kansas City, MO
- Total assets
- $1,280,964,000
- Total deposits
- $1,239,630,000
- Estimated cost to the FDIC
- $169,246,716 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 21132
Other bank failures in Colorado, 2009 to 2013
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Bank of Choice | Greeley | July 22, 2011 | $954.1 million | $818.7 million | $135.6 million | Bank Midwest, National Association |
| Signature Bank | Windsor | July 8, 2011 | $62.5 million | $60.3 million | $23.3 million | Points West Community Bank |
| Colorado Capital Bank | Castle Rock | July 8, 2011 | $665.8 million | $635.2 million | $254.9 million | First-Citizens Bank & Trust Company |
| Firstier Bank | Louisville | January 28, 2011 | $764.1 million | $718.8 million | $232.9 million | |
| United Western Bank | Denver | January 21, 2011 | $2.15 billion | $1.54 billion | $133.2 million | First-Citizens Bank and Trust Company |
| Southern Colorado National Bank | Pueblo | October 2, 2009 | $37.1 million | $29.6 million | $8.3 million | Legacy Bank |
| New Frontier Bank | Greeley | April 10, 2009 | $1.77 billion | $1.50 billion | $913.4 million | |
| Colorado National Bank | Colorado Springs | March 20, 2009 | $123.5 million | $85.2 million | $12.7 million | Herring Bank |
Other failed banks Bank Midwest, National Association took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Bank of Choice | Greeley | CO | July 22, 2011 | $954.1 million | $818.7 million | $135.6 million | Bank Midwest, National Association |
All bank failures in 2011 · All bank failures in Colorado · Every failed bank Bank Midwest, National Association took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.