CHARTER BANK Failed 2010
What happened
CHARTER BANK of SANTA FE, NM was closed on 2010-01-22. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CHARTER BANK (ALBUQUERQUE, NM). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3741
- FDIC Certificate
- 32498
- FDIC FIN
- 10175
- Bank name
- CHARTER BANK
- Location
- SANTA FE, NM
- Failure date
- 2010-01-22
- FDIC resolution date
- 2010-01-22
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $127M
- Deposits at failure
- $860M
- Assets at failure
- $1,202M
- Acquiring bank
- CHARTER BANK (ALBUQUERQUE, NM)