# MUTUAL S&LA OF EL PASO

> **Failed bank** · EL PASO, TX · failed 1982-08-02 · SL

## What happened

MUTUAL S&LA OF EL PASO of EL PASO, TX was closed by state regulators on **1982-08-02**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **FIRST FS&LA OF ARIZONA** (PHOENIX, AZ). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 688
- **FDIC Certificate:** 28099
- **FDIC FIN:** 0
- **Bank name:** MUTUAL S&LA OF EL PASO
- **Location:** EL PASO, TX
- **Failure date:** 1982-08-02
- **FDIC resolution date:** 1982-08-02
- **Charter type:** SL
- **Resolution type:** A/A
- **Deposits at failure:** $152M
- **Assets at failure:** $175M
- **Acquiring bank:** FIRST FS&LA OF ARIZONA (PHOENIX, AZ)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MUTUAL S&LA OF EL PASO (FDIC ID 688), failed 1982-08-02. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/688.

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