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Bank Events in New Mexico

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in New Mexico (NM).

Failures

190

Mergers

Enforcement

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Bank Directory

All New Mexico banks

Failures in New Mexico

Date	Bank	City	Assets	Acquirer or resolution
Jan 28, 2011	First Community Bank	Taos	$2.19B	U.S. Bank, N.A.
Jun 25, 2010	High Desert State Bank	Albuquerque	$80.3M	First American Bank
Jan 22, 2010	Charter Bank	Santa Fe	$1.20B	Charter Bank
Apr 23, 1999	Zia New Mexico Bank	Tucumcari	$17.3M	First National Bank of New
May 23, 1991	Liberty National Bank	Lovington	$51.4M	Western Commerce Bank
May 3, 1991	Security FS & La of Albuquerque	Albuquerque	$261.7M	Branch sale
Feb 21, 1991	Southwest National Bank	Albuquerque	$37.2M	The Bank of New Mexico, SPR
Jan 22, 1991	American Bank, N.A.	Rio Rancho	$20.7M	United New Mexico Bank at a
Nov 16, 1990	First Federal Savings Assoc.	Las Vegas	$55.4M	Bank of NM, & Las Vegas
Aug 31, 1990	First American Savings Bank, FSB	Santa Fe	$123.6M	Deposit payout
May 4, 1990	Security Federal Savings Bank	Carlsbad	$26.9M	Western Commerce Bank
Feb 23, 1990	The Bank of Ruidoso	Ruidoso	$27.8M	United New Mexico Bank at a
Feb 23, 1990	The Red River Bank	Red River	$6.5M	Centinel Bank of Taos
Feb 9, 1990	Abq Bank, a FSB	Albuquerque	$2.02B	Bank of America NM, N.A.
Dec 21, 1989	Silver Savings Assoc.	Silver City	$32.2M	First New Mexico Bank
Jul 20, 1989	New Mexico FSA	Albuquerque	$240.7M	First NB in Albuquerque
Mar 9, 1989	American FS & La	Albuquerque	$188.9M	First NB in Albuquerque
Mar 9, 1989	Valley Federal Savings	Roswell	$180.6M	Deposit payout
Mar 9, 1989	Sun Country SB of New Mexico	Albuquerque	$66.5M	Deposit payout
Feb 10, 1989	Sandia FS & La	Albuquerque	$747.1M	Branch sale
Oct 7, 1988	Liberty FSB	Raton	$130.4M	—
Jul 17, 1986	New Mexico National Bank	Albuquerque	$159.3M	First Intrst BK Albuquer
Apr 3, 1986	Eddy County National Bank	Carlsbad	$30.4M	United NM Bank at Carlsb
Dec 13, 1985	The First National Bank in Lincoln County	Ruidoso	$32.0M	First NB of Ruidoso
Sep 12, 1985	Moncor Bank, N.A.	Roswell	$33.3M	First NB of Chaves Count
Aug 30, 1985	Moncor Bank, N.A.	Hobbs	$229.3M	United Bank of Lea Count
Nov 3, 1983	State of Clovis, Sa	Clovis	$30.9M	—

Mergers & Acquisitions involving New Mexico banks

Date	Acquired (NM)	Acquirer
May 1, 2007	Espanola School Employees Federal Credit Union	Zia Credit Union
Feb 13, 2007	First Federal Bank	WaFd Bank
Jan 11, 2006	Ranchers Banks	First Community Bank
Jan 11, 2006	New Mexico Financial Corporation	First State Bancorporation
Jan 4, 2006	AccessBank	First Community Bank
Jun 1, 2005	Gallup Federal Savings Bank	First Federal Bank
Mar 12, 2005	Western Bank	Bank of Colorado
Feb 1, 2005	Albuquerque Va Federal Credit Union	Rio Grande Credit Union
Aug 26, 2004	Citizens Bank	Citizens Bank
Feb 20, 2004	Wells Fargo Bank New Mexico, National Association	Wells Fargo Bank, N.A.
Aug 1, 2003	Sun Country Credit Union	First Financial Credit Union
Dec 14, 2002	Peoples Bank	Peoples Bank
Jul 1, 2002	Roosevelt County School Employee Credit Union	First Financial Credit Union
Jun 15, 2002	Bank of Santa Fe, National Association	Wells Fargo Bank New Mexico, National Association
Apr 17, 2002	First Capital Group, Inc.	Union Financial Group LTD
Feb 27, 2002	New Mexico Banquest Corporation	First National Bancorp Incorporated
May 18, 2001	Ruidoso State Bank	State National Bank
May 18, 2001	Ruidoso Bank Corporation	BBVA USA Bancshares, Inc.
Feb 17, 2001	First Security Bank of New Mexico, National Association	Bank of the West
Sep 1, 2000	Gulton D.S.D. Federal Credit Union	Sunward Federal Credit Union
Aug 29, 2000	Community First National Bank	Community First National Bank
Mar 18, 2000	The First National Bank of Farmington	Wells Fargo Bank New Mexico, National Association
Mar 18, 2000	Capital Bank	Wells Fargo Bank New Mexico, National Association
Jan 14, 2000	Western Bank	BBVA USA
Jan 14, 2000	Western Bancshares of Albuquerque, Inc.	BBVA USA Bancshares, Inc.
Jan 1, 2000	First National Bank of Clovis	New Mexico Bank & Trust
Jan 1, 2000	National Bancshares, Inc.	Heartland Financial USA, Inc.
Nov 5, 1999	First Security Bank of Southern New Mexico, National Association	First Security Bank of New Mexico, National Association
Aug 6, 1999	Sierra Bank	State National Bank
Mar 13, 1999	Mountain Community Bank	Community Bank
Feb 20, 1999	First Bank of Grants, National Association	Wells Fargo Bank New Mexico, National Association
Jan 1, 1999	Centennial Bank, National Association	Vectra Bank Colorado, National Association
Nov 21, 1998	The Bank of New Mexico	Wells Fargo Bank New Mexico, National Association
Oct 1, 1998	Santa Fe Federal Employees Federal Credit Union	Del Norte Credit Union
Jul 10, 1998	Sunwest Texas, Inc	NB Holdings Corporation
Jul 1, 1998	Western Bancshares of Las Cruces, Inc.	Community First Bankshares, Inc.
Jul 1, 1998	First National Bank of Chaves County	First Security Bank of Southern New Mexico, National Association
May 16, 1998	Norwest Bank New Mexico Northeast, National Association	Wells Fargo Bank New Mexico, National Association
Feb 2, 1998	Rio Grande Bancshares, Inc.	First Security Corporation
Jan 16, 1998	Sun World, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Roswell, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Santa Fe	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Las Cruces, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Raton, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Albuquerque, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Grant County	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Hobbs, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Farmington	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Rio Arriba, National Association	Bank of America, N.A.
Aug 16, 1997	SUNWEST Bank of Gallup	Bank of America, N.A.

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