Data / Bank failures / 1993 / Jefferson Bank & Trust
Jefferson Bank & Trust, Lakewood, CO: failed July 2, 1993
Jefferson Bank & Trust in Lakewood, Colorado, failed on July 2, 1993. Firstbank of Westland NA of Lakewood, CO, took over its deposits. It held $127.1 million in assets and $119.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $38.6 million (30.3% of its assets). By assets it was the 11th largest of 50 banks closed or assisted in 1993.
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The FDIC's record
- Closed
- July 2, 1993
- Type
- Failure
- How it was resolved
- Purchase and assumption of the insured deposits only
- Acquirer
- Firstbank of Westland NA, Lakewood, CO
- Total assets
- $127,077,000
- Total deposits
- $119,404,000
- Estimated cost to the FDIC
- $38,567,091 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- BIF
- FDIC certificate
- 16335
Other bank failures in Colorado, 1991 to 1995
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Citizens Bank of Pagosa Springs | Pagosa Springs | October 25, 1991 | $17.3 million | $16.6 million | $2.1 million | Citizens Bank of Pagosa SPR |
| The Gunnison Bank & Trust Co. (assistance) | Gunnison | October 2, 1991 | $20.1 million | $19.3 million | $1.5 million | The Gunnison Bank & Trust C |
| Columbine Valley Bank and Trust | Jefferson County | April 26, 1991 | $9.5 million | $9.2 million | $2 million | Vectra Bank |
| Citizens National Bank | Limon | March 29, 1991 | $11.4 million | $11.3 million | $3 million | First National Bank of Limo |
All bank failures in 1993 · 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.