CITIZENS FS&LA Failed 1986
What happened
CITIZENS FS&LA of CLEVELAND, OH was closed on 1986-08-29. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to TRANSOHIO SAVINGS BANK, FSB (CLEVELAND, OH). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1266
- FDIC Certificate
- 28326
- FDIC FIN
- 1693
- Bank name
- CITIZENS FS&LA
- Location
- CLEVELAND, OH
- Failure date
- 1986-08-29
- FDIC resolution date
- 1986-08-29
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $83M
- Deposits at failure
- $475M
- Assets at failure
- $435M
- Acquiring bank
- TRANSOHIO SAVINGS BANK, FSB (CLEVELAND, OH)