Skip to main content

State Hub

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).

27
Failures
190
Mergers
92
Enforcement
→
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
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