Data / Bank failures / 1982 / Coronado S&LA
Coronado S&LA, Albuquerque, NM: received FDIC assistance August 27, 1982
Coronado S&LA in Albuquerque, New Mexico, received open bank assistance from the FDIC on August 27, 1982. It held $34.4 million in assets and $25 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.4 million (3.9% of its assets). By assets it was the 74th largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- August 27, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Sun Country S&LA of NM, Las Cruces, NM
- Total assets
- $34,352,732
- Total deposits
- $24,952,406
- Estimated cost to the FDIC
- $1,353,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31609
Other bank failures in New Mexico, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| State of Clovis, Sa | Clovis | November 3, 1983 | $30.9 million | $30.1 million | $20.8 million | |
| Carlsbad S&LA (assistance) | Carlsbad | May 1, 1980 | $26.7 million | $20.1 million | $1.5 million | Security S&LA |
All bank failures in 1982 · All bank failures in New Mexico · 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.