CITIZENS STATE BANK OF EL DORADO Failed 1985

EL DORADO, KS · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

CITIZENS STATE BANK OF EL DORADO of EL DORADO, KS was closed on 1985-07-25. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to NATIONAL BANK OF EL DORA (EL DORADO, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1037
FDIC Certificate
12423
FDIC FIN
2484
Bank name
CITIZENS STATE BANK OF EL DORADO
Location
EL DORADO, KS
Failure date
1985-07-25
FDIC resolution date
1985-07-25
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$30M
Assets at failure
$31M
Acquiring bank
NATIONAL BANK OF EL DORA (EL DORADO, KS)