# AMERICAN BANK, NATIONAL ASSOCIATION

> **Failed bank** · RIO RANCHO, NM · failed 1991-01-22 · National commercial bank (OCC-chartered) · FDIC cost $11M

## What happened

AMERICAN BANK, NATIONAL ASSOCIATION of RIO RANCHO, NM was closed by the OCC on **1991-01-22**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **UNITED NEW MEXICO BANK AT A** (ALBUQUERQUE, NM). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2995
- **FDIC Certificate:** 23221
- **FDIC FIN:** 4313
- **Bank name:** AMERICAN BANK, NATIONAL ASSOCIATION
- **Location:** RIO RANCHO, NM
- **Failure date:** 1991-01-22
- **FDIC resolution date:** 1991-01-22
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $11M
- **Deposits at failure:** $23M
- **Assets at failure:** $21M
- **Acquiring bank:** UNITED NEW MEXICO BANK AT A (ALBUQUERQUE, NM)

## Other banks UNITED NEW MEXICO BANK AT A has acquired in FDIC resolutions

- THE BANK OF RUIDOSO (RUIDOSO, NM) — failed 1990-02-23 — /failed-bank/2666

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AMERICAN%20BANK%2C%20NATIONAL%20ASSOCIATION

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN BANK, NATIONAL ASSOCIATION (FDIC ID 2995), failed 1991-01-22. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2995.

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