# EDDY COUNTY NATIONAL BANK

> **Failed bank** · CARLSBAD, NM · failed 1986-04-03 · National commercial bank (OCC-chartered) · FDIC cost $11M

## What happened

EDDY COUNTY NATIONAL BANK of CARLSBAD, NM was closed by the OCC on **1986-04-03**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **UNITED NM BANK AT CARLSB** (CARLSBAD, NM). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1172
- **FDIC Certificate:** 23190
- **FDIC FIN:** 2547
- **Bank name:** EDDY COUNTY NATIONAL BANK
- **Location:** CARLSBAD, NM
- **Failure date:** 1986-04-03
- **FDIC resolution date:** 1986-04-03
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $27M
- **Assets at failure:** $30M
- **Acquiring bank:** UNITED NM BANK AT CARLSB (CARLSBAD, NM)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=EDDY%20COUNTY%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, EDDY COUNTY NATIONAL BANK (FDIC ID 1172), failed 1986-04-03. Retrieved via AI Analytics 2026-07-02 from https://api.ai-analytics.org/failed-bank/1172.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*