Data / Bank failures / 1981 / Midtown National Bank
Midtown National Bank, Pueblo, CO: failed October 30, 1981
Midtown National Bank in Pueblo, Colorado, failed on October 30, 1981. First Co Bank of Pueblo of Pueblo, CO, took over its deposits. It held $10.6 million in assets and $9.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.7 million (16% of its assets). By assets it was the 34th largest of 40 banks closed or assisted in 1981.
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The FDIC's record
- Closed
- October 30, 1981
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- First Co Bank of Pueblo, Pueblo, CO
- Total assets
- $10,599,000
- Total deposits
- $9,938,000
- Estimated cost to the FDIC
- $1,698,383 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- FDIC
- FDIC certificate
- 19379
Other bank failures in Colorado, 1979 to 1983
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Dominion BK of Denver | Denver | September 30, 1983 | $16.7 million | $13.7 million | $4 million | Central Bank at Stapleto |
| Village Bank | Pueblo West | January 26, 1979 | $5.1 million | $4.9 million |
All bank failures in 1981 · All bank failures in Colorado · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.