# ZIA NEW MEXICO BANK

> **Failed bank** · TUCUMCARI, NM · failed 1999-04-23 · State commercial bank, Federal Reserve member · FDIC cost $2M

## What happened

ZIA NEW MEXICO BANK of TUCUMCARI, NM was closed by state regulators on **1999-04-23**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST NATIONAL BANK OF NEW** (CLAYTON, NM). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3517
- **FDIC Certificate:** 13300
- **FDIC FIN:** 4635
- **Bank name:** ZIA NEW MEXICO BANK
- **Location:** TUCUMCARI, NM
- **Failure date:** 1999-04-23
- **FDIC resolution date:** 1999-04-23
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $17M
- **Assets at failure:** $17M
- **Acquiring bank:** FIRST NATIONAL BANK OF NEW (CLAYTON, NM)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ZIA NEW MEXICO BANK (FDIC ID 3517), failed 1999-04-23. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3517.

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