Data / Bank failures / 1980 / Carlsbad S&LA
Carlsbad S&LA, Carlsbad, NM: received FDIC assistance May 1, 1980
Carlsbad S&LA in Carlsbad, New Mexico, received open bank assistance from the FDIC on May 1, 1980. It held $26.7 million in assets and $20.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.5 million (5.7% of its assets). By assets it was the 14th largest of 22 banks closed or assisted in 1980.
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The FDIC's record
- Closed
- May 1, 1980
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Security S&LA, Albuquerque, NM
- Total assets
- $26,689,655
- Total deposits
- $20,097,698
- Estimated cost to the FDIC
- $1,518,029 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 29607
Other bank failures in New Mexico, 1978 to 1982
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Coronado S&LA (assistance) | Albuquerque | August 27, 1982 | $34.4 million | $25 million | $1.4 million | Sun Country S&LA of NM |
Other failed banks Security S&LA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| North Mississippi S&LA (assistance) | Clarksdale | MS | April 1, 1983 | $152 million | $130.5 million | $42.7 million | Security S&LA |
| Princeton S&LA (assistance) | Princeton | NJ | July 31, 1982 | $249.6 million | $197.2 million | Security S&LA |
All bank failures in 1980 · All bank failures in New Mexico · Every failed bank Security S&LA took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.