# CORONADO S&LA

> **Failed bank** · ALBUQUERQUE, NM · failed 1982-08-27 · SL · FDIC cost $1M

## What happened

CORONADO S&LA of ALBUQUERQUE, NM was closed by state regulators 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
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $25M
- **Assets at failure:** $34M
- **Acquiring bank:** SUN COUNTRY S&LA OF NM (LAS CRUCES, NM)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CORONADO S&LA (FDIC ID 697), failed 1982-08-27. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/697.

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