SECURITY FS&LA Failed 1985
What happened
SECURITY FS&LA of ALBERQUERQUE, NM was closed on 1985-10-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SECURITY FS&LA (ALBEQUERQUE, NM). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1078
- FDIC Certificate
- 30922
- FDIC FIN
- 1672
- Bank name
- SECURITY FS&LA
- Location
- ALBERQUERQUE, NM
- Failure date
- 1985-10-01
- FDIC resolution date
- 1985-10-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $20M
- Deposits at failure
- $168M
- Assets at failure
- $169M
- Acquiring bank
- SECURITY FS&LA (ALBEQUERQUE, NM)