# CITIZENS FS&LA

> **Failed bank** · MATTESON, IL · failed 1985-09-03 · SL · FDIC cost $3M

## What happened

CITIZENS FS&LA of MATTESON, IL was closed by state regulators on **1985-09-03**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **REPUBLIC SAVINGS BANK, FSB** (MATTESON, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1062
- **FDIC Certificate:** 27766
- **FDIC FIN:** 0
- **Bank name:** CITIZENS FS&LA
- **Location:** MATTESON, IL
- **Failure date:** 1985-09-03
- **FDIC resolution date:** 1985-09-03
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $134M
- **Assets at failure:** $134M
- **Acquiring bank:** REPUBLIC SAVINGS BANK, FSB (MATTESON, IL)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CITIZENS%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS FS&LA (FDIC ID 1062), failed 1985-09-03. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/failed-bank/1062.

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