Data / Bank failures / 1990 / Rocky Mountain National Bank
Rocky Mountain National Bank, Denver, CO: failed May 31, 1990
Rocky Mountain National Bank in Denver, Colorado, failed on May 31, 1990. Colonial National Bank of Denver, CO, took over its deposits. It held $9.2 million in assets and $8.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.7 million (18.2% of its assets). By assets it was the 371st largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- May 31, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Colonial National Bank, Denver, CO
- Total assets
- $9,203,000
- Total deposits
- $8,860,000
- Estimated cost to the FDIC
- $1,676,647 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- BIF
- FDIC certificate
- 25909
Other bank failures in Colorado, 1988 to 1992
| 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 |
| Douglas County National Bank | Parker | December 6, 1990 | $5.4 million | $5.3 million | $762,878 | City Center National Bank |
| Cherry Creek National Bank | Denver | August 16, 1990 | $85.8 million | $94.6 million | $11.2 million | The Bank of Cherry Creek, N |
| National City Bank of Denver | Denver | June 14, 1990 | $58.4 million | $65.1 million | $13.5 million | Omnibank Southeast |
| Great West Federal Savings Bank | Craig | May 11, 1990 | $28.1 million | $31 million | $4.9 million | First NB of Meeker |
Other failed banks Colonial National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Park Central Bank, National Assoc | Fort Worth | TX | August 24, 1989 | $11.9 million | $15.2 million | $5.4 million | Colonial National Bank |
| Enterprise National Bank | Englewood | CO | December 1, 1988 | $5.3 million | $5.1 million | $1.6 million | Colonial National Bank |
All bank failures in 1990 · All bank failures in Colorado · Every failed bank Colonial National Bank 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.