On Friday, January 28, 2011, FirsTier Bank was closed by the State Bank Commissioner, by order of the Banking Board of the Colorado Division of Banking. The FDIC was named Receiver. Deposit Insurance National Bank of Louisville (DINB) acquired all deposit accounts, except for brokered deposits, CDs, and IRAs.
The FDIC as Receiver for FirsTier Bank, Louisville, CO has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on April 16, 2024 and has made all dividend distributions required by law.
Effective December 1, 2024, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status: TERMINATED
Notice of Termination
Effective Date: December 1, 2024
Notice of Intent to Terminate
Publication Date: April 16, 2024
Dividend Information
None Paid to Date
Press Release
Official press release
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TRANSACTION DOCUMENTATION
Purchase & Assumption Agreement
Agreement between FDIC and acquiring institution