# CARLSBAD S&LA

> **Failed bank** · CARLSBAD, NM · failed 1980-05-01 · SL · FDIC cost $2M

## What happened

CARLSBAD S&LA of CARLSBAD, NM was closed by state regulators 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
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $20M
- **Assets at failure:** $27M
- **Acquiring bank:** SECURITY S&LA (ALBUQUERQUE, NM)

## Other banks SECURITY S&LA has acquired in FDIC resolutions

- NORTH MISSISSIPPI S&LA (CLARKSDALE, MS) — failed 1983-04-01 — /failed-bank/768
- PRINCETON S&LA (PRINCETON, NJ) — failed 1982-07-31 — /failed-bank/686

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CARLSBAD%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CARLSBAD S&LA (FDIC ID 569), failed 1980-05-01. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/569.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*