Bank Branches › Closed and merged banks › New Mexico › Charter Bank
What happened to Charter Bank?
Charter Bank in Santa Fe, NM (earlier called Charter Bank for Savings, FSB) failed, and Charter Bank of Albuquerque, NM took it over on Jan 22, 2010. After 1 more change of hands, what was Charter Bank is today part of Monet Bank (Plano, TX).
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.
- 1986Charter Bank for Savings, FSB opens in Santa Fe, NM
- Sep 23, 1998renamed Charter Bank
- Jan 22, 2010FAILEDCharter Bank failed, and Charter Bank of Albuquerque, NM took it over.FDIC certificate 32498 ends; its business continues under certificate 59030.
- Oct 14, 2011MERGEDCharter Bank of Albuquerque, NM merged into Beal Bank, SSB of Plano, TX.FDIC certificate 59030 ends; its business continues under certificate 32574.
- TodayOPEN
Monet BankMain office Plano, TX · FDIC certificate 32574 · 6 offices in 3 states on June 30, 2026Every Monet Bank office → Website on file with the FDIC: www.monet.bank
If you still have something from Charter Bank
A lien that was never released
Charter Bank failed on Jan 22, 2010. 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 Monet Bank, 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, Charter Bank). Start with Monet Bank, and ask them to search under the name Charter Bank.
For failures since mid-1993 the law sets a clock: insured deposits not claimed within 18 months of the FDIC starting to pay depositors are offered to the state of the depositor's last known address on the bank's records. If the state takes them, the owner has 10 years to claim there before the money returns to the FDIC. Check FDIC unclaimed funds search and that state's unclaimed-property program.
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 Monet Bank. 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. The office list below shows which bank each office reports under now.
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 ▾
Its offices in the FDIC deposit reports
8 offices filed under this charter in some year from 1994 on. 1 is still open as of June 30, 2026.
| Office | Now |
|---|---|
| 809 Saint Michaels DrSanta Fe, NM | OpenWaFd Bank |
| 2518 Southern Blvd.Rio Rancho, NM | No longer reported |
| 10501 Lagrima De Oro N.E.Albuquerque, NM | No longer reported |
| 2130 Eubank Blvd N.E.Albuquerque, NM | No longer reported |
| 3761 N.m. Highway 528Albuquerque, NM | No longer reported |
| 4400 Osuna N.E.Albuquerque, NM | No longer reported |
| 5201 Roma Ave, N.E.Albuquerque, NM | No longer reported |
| 208 WashingtonSanta Fe, NM | No longer reported |
Banks folded into Charter Bank
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| De Vargas Savings and Loan BankSanta Fe, NM | Sep 30, 1986 |
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 32498 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.