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Potential buyers lining up for Cap Fed. (Capitol Federal Savings and Loans)

Denver Business Journal

| February 15, 1991 | Wells, Garrison | COPYRIGHT 1989 Denver Business Journal, Inc. (Hide copyright information)Copyright

Potential buyers lining up for Cap Fed

Four Denver-based investment groups and two "major national banks" are eyeing the failed Capitol Federal Savings and Loans, the state's third-largest thrift, for possible acquisition.

But a lack of funds may prevent the Resolution Trust Corp. from selling the thrift for at least a half year.

Capitol, with $1.1 billion in assets, is the state's largest thrift under federal conservatorship. It was taken over last May by the RTC, the federal agency charged with liquidating the assets of the nation's failed thrifts.

"There have been local groups that I have conversed with," said Clark Trammell, the RTC's managing agent for the thrift. "Each of them had a bona fide acquisition group."

Trammell would not provide further details on the groups, but he noted that none of them …

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