Bank Branches › Closed and merged banks › New Mexico › Moncor Bank, National Association
What happened to Moncor Bank, National Association?
Moncor Bank, National Association in Roswell, NM (earlier called First City National Bank) failed, and First National Bank of Chaves County of Roswell, NM took it over on Sep 12, 1985. After 4 more changes of hands, what was Moncor Bank, National Association is today part of BMO Bank National Association (Chicago, IL).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1982First City National Bank opens in Roswell, NM
- Apr 18, 1984renamed Moncor Bank, National Association
- Sep 12, 1985FAILEDMoncor Bank, National Association failed, and First National Bank of Chaves County of Roswell, NM took it over.FDIC certificate 24106 ends; its business continues under certificate 26370.
- Jul 1, 1998MERGEDFirst National Bank of Chaves County of Roswell, NM merged into First National Bank of Dona Ana County of Las Cruces, NM.FDIC certificate 26370 ends; its business continues under certificate 2248.
- Nov 5, 1999MERGEDFirst National Bank of Dona Ana County (by then renamed First Security Bank of Southern New Mexico, National Association) of Las Cruces, NM merged into First Security Bank of New Mexico, National Association of Albuquerque, NM.FDIC certificate 2248 ends; its business continues under certificate 2233.
- Feb 16, 2001MERGEDFirst Security Bank of New Mexico, National Association of Albuquerque, NM merged into Bank of the West of San Francisco, CA.FDIC certificate 2233 ends; its business continues under certificate 3514.
- Feb 2, 2023MERGEDBank of the West of San Francisco, CA merged into BMO Harris Bank National Association of Chicago, IL.FDIC certificate 3514 ends; its business continues under certificate 16571.
- TodayOPEN
BMO Bank National AssociationMain office Chicago, IL · FDIC certificate 16571 · 988 offices in 23 states on June 30, 2026Every BMO Bank National Association office → Website on file with the FDIC: www.bmo.com
If you still have something from Moncor Bank, National Association
A lien that was never released
Moncor Bank, National Association failed on Sep 12, 1985. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to BMO Bank National Association, which is worth asking too.
Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, First National Bank of Chaves County). Start with BMO Bank National Association, and ask them to search under the name Moncor Bank, National Association.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask BMO Bank National Association. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 24106 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.