# CITIZENS BANK

> **Failed bank** · BRYAN, TX · failed 1987-07-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $14M

## What happened

CITIZENS BANK of BRYAN, TX was closed by regulators on **1987-07-02**. The FDIC was named receiver.

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

Deposits were transferred to **UNITED CITIZENS BANK NA** (COLLEGE STATION, TX). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1464
- **FDIC Certificate:** 22311
- **FDIC FIN:** 2706
- **Bank name:** CITIZENS BANK
- **Location:** BRYAN, TX
- **Failure date:** 1987-07-02
- **FDIC resolution date:** 1987-07-02
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $44M
- **Assets at failure:** $46M
- **Acquiring bank:** UNITED CITIZENS BANK NA (COLLEGE STATION, TX)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS BANK (FDIC ID 1464), failed 1987-07-02. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1464.

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