# LIBERTY NATIONAL BANK

> **Failed bank** · LOVINGTON, NM · failed 1991-05-23 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

LIBERTY NATIONAL BANK of LOVINGTON, NM was closed by the OCC on **1991-05-23**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3109
- **FDIC Certificate:** 16544
- **FDIC FIN:** 4359
- **Bank name:** LIBERTY NATIONAL BANK
- **Location:** LOVINGTON, NM
- **Failure date:** 1991-05-23
- **FDIC resolution date:** 1991-05-23
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $52M
- **Assets at failure:** $51M
- **Acquiring bank:** WESTERN COMMERCE BANK (CARLSBAD, NM)

## Other banks WESTERN COMMERCE BANK has acquired in FDIC resolutions

- SECURITY FEDERAL SAVINGS BANK (CARLSBAD, NM) — failed 1990-05-04 — /failed-bank/2752

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LIBERTY NATIONAL BANK (FDIC ID 3109), failed 1991-05-23. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3109.

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