CARLSBAD S&LA Failed 1980
What happened
CARLSBAD S&LA of CARLSBAD, NM was closed on 1980-05-01. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to SECURITY S&LA (ALBUQUERQUE, NM). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 569
- FDIC Certificate
- 29607
- FDIC FIN
- 0
- Bank name
- CARLSBAD S&LA
- Location
- CARLSBAD, NM
- Failure date
- 1980-05-01
- FDIC resolution date
- 1980-05-01
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $20M
- Assets at failure
- $27M
- Acquiring bank
- SECURITY S&LA (ALBUQUERQUE, NM)
Other banks SECURITY S&LA acquired in FDIC resolutions