# EQUITABLE FSB

> **Failed bank** · LANCASTER, OH · failed 1986-07-09 · Savings bank · FDIC cost $152M

## What happened

EQUITABLE FSB of LANCASTER, OH was closed by state regulators on **1986-07-09**. The FDIC was named receiver.

**Resolution:** A/A

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


## Key facts

- **FDIC ID:** 1224
- **FDIC Certificate:** 28681
- **FDIC FIN:** 1687
- **Bank name:** EQUITABLE FSB
- **Location:** LANCASTER, OH
- **Failure date:** 1986-07-09
- **FDIC resolution date:** 1986-07-09
- **Charter type:** Savings bank
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $152M
- **Deposits at failure:** $646M
- **Assets at failure:** $691M
- **Acquiring bank:** CITIZENS FS&LA (MIAMI, FL)

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

- CITIZENS FS&LA (SEATTLE, WA) — failed 1985-12-01 — /failed-bank/1107
- 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=EQUITABLE%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, EQUITABLE FSB (FDIC ID 1224), failed 1986-07-09. Retrieved via AI Analytics 2026-07-08 from https://api.ai-analytics.org/failed-bank/1224.

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