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High Desert State Bank, Albuquerque, New Mexico, Fails

June 25, 2010 By Bill Zielinski Leave a Comment

June 25, 2010 – High Desert State Bank, Albuquerque, New Mexico became the nation’s 86th banking failure today as the New Mexico Financial Institutions Division closed the bank.  The failed bank was acquired by First American Bank, Artesia, New Mexico under an agreement with the FDIC acting as receiver. High Desert State Bank’s web site […]

Filed Under: Bank Failure, Banking News, Failed Banks, FDIC, Financial Crisis Tagged With: 86th banking failure in New Mexico, High Desert Bank fails

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