# CITIZENS FS&LA

> **Failed bank** · SEATTLE, WA · failed 1985-12-01 · SL · FDIC cost $18M

## What happened

CITIZENS FS&LA of SEATTLE, WA was closed by state regulators on **1985-12-01**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **CITIZENS FS&LA** (SEATTLE, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1107
- **FDIC Certificate:** 28890
- **FDIC FIN:** 1678
- **Bank name:** CITIZENS FS&LA
- **Location:** SEATTLE, WA
- **Failure date:** 1985-12-01
- **FDIC resolution date:** 1985-12-01
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $353M
- **Assets at failure:** $461M
- **Acquiring bank:** CITIZENS FS&LA (SEATTLE, WA)

## Other banks CITIZENS FS&LA has acquired in FDIC resolutions

- EQUITABLE FSB (LANCASTER, OH) — failed 1986-07-09 — /failed-bank/1224
- CENTENNIAL  S&LA (GUERNEVILLE, CA) — failed 1985-08-20 — /failed-bank/1054
- GARY FS&LA (GARY, IN) — failed 1983-08-31 — /failed-bank/814
- 1ST FS&LA OF E. CHICAGO (EAST CHICAGO, IN) — failed 1983-08-31 — /failed-bank/813

## 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 1107), failed 1985-12-01. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1107.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*