# CITIZENS BANK OF GLENDALE

> **Failed bank** · DENVER, CO · failed 1987-08-27 · State commercial bank, Federal Reserve member · FDIC cost $0M

## What happened

CITIZENS BANK OF GLENDALE of DENVER, CO was closed by state regulators on **1987-08-27**. The FDIC was named receiver.

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

Deposits were transferred to **PRUDENTIAL BANK** (DENVER, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1505
- **FDIC Certificate:** 25329
- **FDIC FIN:** 2721
- **Bank name:** CITIZENS BANK OF GLENDALE
- **Location:** DENVER, CO
- **Failure date:** 1987-08-27
- **FDIC resolution date:** 1987-08-27
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $4M
- **Assets at failure:** $4M
- **Acquiring bank:** PRUDENTIAL BANK (DENVER, CO)

## Other banks PRUDENTIAL BANK has acquired in FDIC resolutions

- COMMONWEALTH BANK (GLENDALE, CO) — failed 1987-04-09 — /failed-bank/1410

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS BANK OF GLENDALE (FDIC ID 1505), failed 1987-08-27. Retrieved via AI Analytics 2026-07-05 from https://api.ai-analytics.org/failed-bank/1505.

---

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