Bank failure · NM

Coronado S&la (Albuquerque, NM) — failed August 27, 1982

Coronado S&la of Albuquerque, New Mexico was closed on August 27, 1982 and resolved through a a/a. Sun Country S&la of Nm (NM) took over its insured deposits. At failure it held $34.4M in assets and $25.0M in deposits. The FDIC's estimated loss on the failure is $1.4M (3.9% of assets).