Bank Branches › Closed and merged banks › New Mexico › Mutual Building and Loan Association FA
What happened to Mutual Building and Loan Association FA?
Mutual Building and Loan Association FA in Las Cruces, NM (earlier called Mutual Building and Loan Association of Las Cruces) merged into First Federal Savings Bank of New Mexico of Roswell, NM on Jun 30, 1993. After 1 more change of hands, what was Mutual Building and Loan Association FA is today part of WaFd Bank (Seattle, WA).
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.
- 1926Mutual Building and Loan Association of Las Cruces opens in Las Cruces, NM
- Apr 30, 1985renamed Mutual Building and Loan Association FA
- Jun 30, 1993MERGEDMutual Building and Loan Association FA merged into First Federal Savings Bank of New Mexico of Roswell, NM.FDIC certificate 29139 ends; its business continues under certificate 29702.
- Feb 13, 2007MERGEDFirst Federal Savings Bank of New Mexico (by then renamed First Federal Bank) of Roswell, NM merged into Washington Federal Savings and Loan Association of Seattle, WA.FDIC certificate 29702 ends; its business continues under certificate 28088.
- TodayOPEN
WaFd BankMain office Seattle, WA · FDIC certificate 28088 · 212 offices in 9 states on June 30, 2026Every WaFd Bank office → Website on file with the FDIC: www.wafdbank.com
If you still have something from Mutual Building and Loan Association FA
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Mutual Building and Loan Association FA as lienholder, start with WaFd Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask WaFd Bank to search for the account under the name Mutual Building and Loan Association FA. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask WaFd Bank which branch now holds boxes from the Mutual Building and Loan Association FA office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be 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 29139 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.