Bank failure · NM

Liberty FSB (Raton, NM) — failed October 7, 1988

Liberty FSB of Raton, New Mexico was closed on October 7, 1988 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $130.4M in assets and $137.8M in deposits. The FDIC's estimated loss on the failure is $104.6M (80.2% of assets).