American Federal Savings and Loan Association

Status:Inactive as of 06/08/1990
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:First Security Bank of New Mexico
Headquarters:American Federal Savings and Loan Association
2400 Louisana Blvd Ne
Albuquerque, NM 87110
Established:01/01/1961
FDIC Insurance:08/09/1989
FDIC Cert:#31290
Charter Class:
Total Assets:$124,952,000
Total Deposits:$123,962,000

History

1961-01-01Institution established: Original name:American Federal Savings and Loan Association
1989-03-09Placed into government conservatorship.
1990-06-08Acquired after government financial assistance and subsequently operated as part of First National Bank in Albuquerque (2233)
1990-06-08Government conservatorship or bridge bank resolved.
1990-06-15Acquired New Mexico FSA (32690) in ALBUQUERQUE, NM
1994-01-03Changed name to First Security Bank of New Mexico, National Association (2233)
1999-11-05Acquired First Security Bank of Southern New Mexico, National Association (2248) in LAS CRUCES, NM
2001-02-16Merged into and subsequently operated as part of Bank of the West (3514) in SAN FRANCISCO, CA
2002-04-01Acquired UNITED CALIFORNIA BANK (20589) in LOS ANGELES, CA
2004-01-01Reorganized.
2004-12-03Acquired Community First National Bank (3924) in FARGO, ND
2005-02-08Acquired Union Safe Deposit Bank (8473) in STOCKTON, CA
2005-12-03Acquired Commercial Federal Bank, a Federal Savings Bank (30341) in OMAHA, NE