New Frontier Bank

New Frontier Bank was a United States banking company based in Colorado. Established in December 1998, it operated full-service banking offices serving the communities of Greeley and Windsor. Its business activities extended beyond conventional retail banking and included mortgage banking, business finance, ATM services, and merchant-processing services. The bank operated during a period when regional and community banks were exposed to substantial pressure from deteriorating credit conditions and broader financial instability in the United States. The available reference material does not provide a detailed account of New Frontier Bank's ownership, leadership, balance sheet, branch network, or individual product terms, so those details remain unspecified here. On April 10, 2009, regulators closed New Frontier Bank. It was identified as the second Colorado bank to collapse during 2009 and the 23rd United States bank failure recorded that year. The closure ended the bank's operations as an independent institution. The Federal Deposit Insurance Corporation's bank-closing information is the principal cited source for the closure, while the Wikipedia article provides the concise overview of the bank's services, locations, founding date, and failure.

New Frontier Bank was established in December 1998 as a Colorado banking company. Its full-service offices served Greeley and Windsor, two Colorado communities. The bank's activities covered several parts of the banking and payments ecosystem: retail banking for customers, mortgage banking, business finance, ATM services, and merchant processing. This combination indicates a community and regional banking model rather than a narrowly specialized financial institution, although the available sources do not provide enough information to describe its capitalization, ownership structure, executive team, asset size, or detailed geographic footprint. The institution's later history coincided with the period of severe stress affecting United States banks in the late 2000s. Community and regional banks faced pressure from weakening economic conditions and credit markets, but the available reference material does not attribute specific causes to New Frontier Bank's failure. It also does not document particular loan portfolios, regulatory consent orders, acquisitions, or restructuring efforts involving the bank. On April 10, 2009, regulators closed New Frontier Bank. The event made it the second Colorado bank to fail in 2009 and the 23rd United States bank failure recorded that year. Regulatory closure ended the bank's independent operations. The FDIC maintains bank-closing information for the institution, while the Wikipedia entry records its founding, service profile, Colorado locations, and place in the 2009 bank-failure sequence. No reliable source material supplied for this dossier identifies a successor brand, parent company, founder, chief executive, or post-closure operating entity.

• 2009

  Regulatory closure

  [1]New Frontier Banken.wikipedia.org

  Regulators shut down New Frontier Bank on April 10, 2009. It was the second Colorado bank failure of 2009 and the 23rd United States bank failure that year.

• 1998

  Bank established

  [1]New Frontier Banken.wikipedia.org

  New Frontier Bank was established in December 1998.

A Colorado community-oriented bank combining full-service retail banking with mortgage, business-finance, ATM, and merchant-processing activities.

• Banking services

  Retail banking

  New Frontier Bank's retail-banking business formed part of its full-service community banking offering. The supplied sources identify retail banking as a principal activity but do not specify the exact deposit accounts, consumer lending products, digital services, fees, or customer eligibility rules offered before the bank's closure.

• Lending

  Mortgage banking

  Mortgage banking was one of New Frontier Bank's stated business lines. The available material does not identify the types of mortgages originated, the geographic scope of lending, servicing arrangements, or the product terms used by the bank.

• Commercial finance

  Business finance

  The bank provided business-finance services alongside its retail and mortgage activities. This indicates service to commercial customers, but the supplied references do not establish whether the offering consisted of working-capital loans, commercial real-estate finance, equipment lending, or other specific instruments.

• Payment and access services

  ATM services

  ATM services were included among New Frontier Bank's operating activities. The available sources do not describe the bank's ATM network, card arrangements, surcharge policies, or the locations and capabilities of individual machines.

• Payments

  Merchant processing

  New Frontier Bank also provided merchant-processing services, extending its business beyond deposit-taking and lending into payment acceptance for merchants. No source supplied for this entry specifies the processing platform, card networks, pricing, or merchant segments served.

• 2009

  Regulators close New Frontier Bank[1]New Frontier Banken.wikipedia.org

  Bankruptcy · Regulation · Other

  New Frontier Bank was shut down by regulators on April 10, 2009. It was the second Colorado bank failure of the year and the 23rd bank failure in the United States during 2009.

1. 1New Frontier Banken.wikipedia.org
2. 2FDIC Bank Closing Information for New Frontier Bankfdic.gov