BANK OF SANTA FE Failed 1988
What happened
BANK OF SANTA FE of SANTA FE, NM was closed on 1988-04-20. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to BANK OF SANTA FE (SANTA FE, NM). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1699
- FDIC Certificate
- 18556
- FDIC FIN
- 1954
- Bank name
- BANK OF SANTA FE
- Location
- SANTA FE, NM
- Failure date
- 1988-04-20
- FDIC resolution date
- 1988-04-20
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $22M
- Deposits at failure
- $92M
- Assets at failure
- $96M
- Acquiring bank
- BANK OF SANTA FE (SANTA FE, NM)