CORONADO S&LA Failed 1982

ALBUQUERQUE, NM · SL · view on FDIC BankFind ↗

What happened

CORONADO S&LA of ALBUQUERQUE, NM was closed on 1982-08-27. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to SUN COUNTRY S&LA OF NM (LAS CRUCES, NM). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
697
FDIC Certificate
31609
FDIC FIN
1631
Bank name
CORONADO S&LA
Location
ALBUQUERQUE, NM
Failure date
1982-08-27
FDIC resolution date
1982-08-27
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$1M
Deposits at failure
$25M
Assets at failure
$34M
Acquiring bank
SUN COUNTRY S&LA OF NM (LAS CRUCES, NM)