Avco Bank, an industrial bank

Status:Inactive as of 03/31/1999
 Merger - Without Assistance
Successor Bank:Associates Capital Bank, Inc.
Headquarters:Avco Bank, an industrial bank
3300 South Parker Road, Suite 320b
Aurora, CO 80014
Established:07/10/1923
FDIC Insurance:12/02/1987
FDIC Cert:#90030
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$4,222,000
Total Deposits:$1,548,000

History

1923-07-10Institution established but was not FDIC insured. Original name: Thrift Industrial Bank
1973-09-01Changed name to Avco Lakewood Industrial Bank
1973-09-01Moved bank headquarters from DENVER, CO to LAKEWOOD, CO
1987-12-02Became FDIC insured.
1993-02-02Moved bank headquarters from LAKEWOOD, CO to AURORA, CO
1993-03-03Changed name to Avco Armed Forces Industrial Bank
1998-04-23Changed name to Avco Bank, an industrial bank
1999-03-31Merged into and subsequently operated as part of Associates Capital Bank, Inc. (33792) in SALT LAKE CITY, UT
2005-09-21Closed voluntarily and liquidated its assets.
2005-09-21Voluntarily relinquished FDIC insurance

Financial Information (1998-12-31 and Older)