Data / Bank failures / 1986 / First Security S&LA
First Security S&LA, Grand Junction, CO: received FDIC assistance November 21, 1986
First Security S&LA in Grand Junction, Colorado, received open bank assistance from the FDIC on November 21, 1986. It held $55.2 million in assets and $52.1 million in deposits at its last report. By assets it was the 71st largest of 204 banks closed or assisted in 1986.
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The FDIC's record
- Closed
- November 21, 1986
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Great American First Saving, Tucson, AZ
- Total assets
- $55,238,000
- Total deposits
- $52,133,000
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 32105
Other bank failures in Colorado, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Columbia FS&LA (assistance) | Englewood | December 30, 1988 | $3.13 billion | $1.81 billion | $747.2 million | Columbia A FS&LA |
| First Industrial Bank of Rocky Ford | Rocky Ford | December 16, 1988 | $12.5 million | $11.4 million | $6.7 million | First NB of Ordway |
| Silverado S&LA | Denver | December 9, 1988 | $2.32 billion | $1.77 billion | $1.30 billion | Columbia Savings, A FS&LA |
| Enterprise National Bank | Englewood | December 1, 1988 | $5.3 million | $5.1 million | $1.6 million | Colonial National Bank |
| Peoples State Bank of Meeker | Meeker | September 23, 1988 | $3.9 million | $3.8 million | $806,918 | First NB of Meeker |
| Citizens Bank of Littleton | Littleton | September 15, 1988 | $6.4 million | $6.3 million | $1.9 million | Equitable BK of Littleto |
| The Bank of Westminster | Westminster | June 22, 1988 | $6.5 million | $6.6 million | $80,613 | First NB Westminster |
| Security Bank of Aurora | Aurora | June 2, 1988 | $10.9 million | $10.1 million | $694,450 | Security Bank of Colorad |
All bank failures in 1986 · All bank failures in Colorado · 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.