Data / Bank failures / 2009 / New Frontier Bank
New Frontier Bank, Greeley, CO: failed April 10, 2009
New Frontier Bank in Greeley, Colorado, failed on April 10, 2009. It held $1.77 billion in assets and $1.50 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $913.4 million (51.5% of its assets). By assets it was the 26th largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- April 10, 2009
- Type
- Failure
- How it was resolved
- Deposit Insurance National Bank: the FDIC ran a temporary bank to pay depositors
- Total assets
- $1,774,588,000
- Total deposits
- $1,496,347,000
- Estimated cost to the FDIC
- $913,431,679 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 34881
Other bank failures in Colorado, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community Banks of Colorado | Greenwood Village | October 21, 2011 | $1.28 billion | $1.24 billion | $169.2 million | Bank Midwest, National Association |
| 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 |
| Colorado National Bank | Colorado Springs | March 20, 2009 | $123.5 million | $85.2 million | $12.7 million | Herring Bank |
All bank failures in 2009 · 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.