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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 in New Mexico
| Date | Bank | Assets |
|---|---|---|
| Jan 28, 2011 | First Community Bank | $2.19B |
| Jun 25, 2010 | High Desert State Bank | $80.3M |
| Jan 22, 2010 | Charter Bank | $1.20B |
| Apr 23, 1999 | Zia New Mexico Bank | $17.3M |
| May 23, 1991 | Liberty National Bank | $51.4M |
| May 3, 1991 | Security FS & La of Albuquerque | $261.7M |
| Feb 21, 1991 | Southwest National Bank | $37.2M |
| Jan 22, 1991 | American Bank, N.A. | $20.7M |
| Nov 16, 1990 | First Federal Savings Assoc. | $55.4M |
| Aug 31, 1990 | First American Savings Bank, FSB | $123.6M |
| May 4, 1990 | Security Federal Savings Bank | $26.9M |
| Feb 23, 1990 | The Bank of Ruidoso | $27.8M |
| Feb 23, 1990 | The Red River Bank | $6.5M |
| Feb 9, 1990 | Abq Bank, a FSB | $2.02B |
| Dec 21, 1989 | Silver Savings Assoc. | $32.2M |
| Jul 20, 1989 | New Mexico FSA | $240.7M |
| Mar 9, 1989 | American FS & La | $188.9M |
| Mar 9, 1989 | Valley Federal Savings | $180.6M |
| Mar 9, 1989 | Sun Country SB of New Mexico | $66.5M |
| Feb 10, 1989 | Sandia FS & La | $747.1M |
| Oct 7, 1988 | Liberty FSB | $130.4M |
| Jul 17, 1986 | New Mexico National Bank | $159.3M |
| Apr 3, 1986 | Eddy County National Bank | $30.4M |
| Dec 13, 1985 | The First National Bank in Lincoln County | $32.0M |
| Sep 12, 1985 | Moncor Bank, N.A. | $33.3M |
| Aug 30, 1985 | Moncor Bank, N.A. | $229.3M |
| Nov 3, 1983 | State of Clovis, Sa | $30.9M |
Mergers & Acquisitions involving New Mexico banks
| Date | Acquired (NM) | Acquirer |
|---|---|---|
| Aug 16, 1997 | Boatmen's Sunwest, Inc. | NB Holdings Corporation |
| Aug 16, 1997 | SUNWEST Bank of Clovis, National Association | Bank of America, N.A. |
| May 30, 1997 | First Alamogordo Bancorp, Inc. | First Alamogordo Bancorp of Nevada, Inc. |
| Apr 22, 1997 | Boatmen's Credit Card Bank | Nationsbank of Delaware, N.A. |
| Jan 1, 1997 | Bank of America New Mexico, National Association | (unnamed) |
| Jan 1, 1997 | Epi Federal Credit Union | Benchsmart Federal Credit Union |
| Oct 1, 1996 | Lea County Federal Credit Union | Estacado Federal Credit Union |
| Jun 1, 1996 | First Interstate Bank of New Mexico, National Association | Wells Fargo Bank, N.A. |
| Apr 30, 1996 | Taos County Schools Credit Union | Nusenda Federal Credit Union |
| Feb 19, 1996 | Hobbs Employee Federal Credit Union | Estacado Federal Credit Union |
| Dec 31, 1995 | Sun World Federal Savings Bank | First Savings Bank |
| Dec 30, 1995 | Farmers & Stockmens Bancorporation | Raton Capital Corporation |
| Apr 22, 1995 | The American National Bank of Silver City | Wells Fargo Bank New Mexico, National Association |
| Mar 11, 1995 | The First National Bank of Belen | Wells Fargo Bank New Mexico, National Association |
| Mar 4, 1995 | Home Federal Savings Bank of New Mexico | First Savings Bank |
| Feb 10, 1995 | Western Investors, Inc. | First Bank of Grants, National Association |
| Oct 3, 1994 | United New Mexico Bank | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Mimbres Valley | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Roswell | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Alamogordo | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Trust Company | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank, National Association | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Lea County | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Vaughn | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank, National Association | Wells Fargo Bank New Mexico, National Association |
| Jun 6, 1994 | First State Bank of Santa Fe | First Community Bank |
| Jan 14, 1994 | First United Bank Group, Inc. | GST Co. |
| Jan 3, 1994 | Sunwest Merger Corporation | Boatmen's Sunwest, Inc. |
| Jan 3, 1994 | Sunwest Acquisition Corporation | Boatmen's Sunwest, Inc. |
| Jan 1, 1994 | SUNWEST Bank of Sandoval County, National Association | SUNWEST Bank of Albuquerque, National Association |
| Jan 1, 1994 | Thunderbird Federal Credit Union | First American Credit Union |
| Nov 20, 1993 | First National Financial Corporation | First Security Corporation |
| Aug 28, 1993 | FirstBank, Farmington, New Mexico | Bank of the Southwest |
| Jun 2, 1993 | Mutual Building & Loan Association, F.A. | First Federal Bank |
| Apr 1, 1993 | Gallup Santa Fe Federal Credit Union | State Employees Credit Union |
| Mar 31, 1993 | United New Mexico Bank at Santa Fe, National Association | Wells Fargo Bank New Mexico, National Association |
| Feb 18, 1993 | Quay and Guadalupe County Credit Union | Everyone's Federal Credit Union |
| Mar 1, 1992 | Union County Credit Union | Everyone's Federal Credit Union |
| Dec 16, 1991 | National Bank of Albuquerque | First Community Bank |
| Dec 16, 1991 | New Mexico Bank Corporation | First State Bancorporation |
| Nov 1, 1991 | San Ignacio Credit Union | Rio Grande Credit Union |
| Sep 3, 1991 | Postal Credit Union | First Financial Credit Union |
| Sep 1, 1991 | The Bank of New Mexico, las vegas | The Bank of New Mexico |
| Jun 1, 1991 | The Bank of New Mexico, Springer | The Bank of New Mexico |
| May 28, 1991 | First Interstate Bank of Roswell | United New Mexico Bank at Roswell |
| May 25, 1991 | United New Mexico Bank at Rio Rancho | Wells Fargo Bank New Mexico, National Association |
| May 25, 1991 | United New Mexico Bank at Albuquerque | Wells Fargo Bank New Mexico, National Association |
| Jun 2, 1990 | Hatch Valley Credit Union | White Sands Federal Credit Union |
| Feb 1, 1990 | Malpais Federal Credit Union | MT. Taylor Federal Credit Union |