DE VARGAS S&LA BANK Failed 1986

SANTA FE, NM · SL · view on FDIC BankFind ↗

What happened

DE VARGAS S&LA BANK of SANTA FE, NM was closed on 1986-09-11. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to CHARTER BANK FOR SAVINGS FS (SANTA FE, NM). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1273
FDIC Certificate
31615
FDIC FIN
1695
Bank name
DE VARGAS S&LA BANK
Location
SANTA FE, NM
Failure date
1986-09-11
FDIC resolution date
1986-09-11
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$3M
Deposits at failure
$17M
Assets at failure
$19M
Acquiring bank
CHARTER BANK FOR SAVINGS FS (SANTA FE, NM)