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Bank failure · NM

State of Clovis, Sa (Clovis, NM) — failed November 3, 1983

State of Clovis, Sa of Clovis, New Mexico was closed on November 3, 1983 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $30.9M in assets and $30.1M in deposits. The FDIC's estimated loss on the failure is $20.8M (67.4% of assets).

Closing date
November 3, 1983
FDIC certificate #
31281
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

Other failures in 1983

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