# CITIZENS NATIONAL BANK

> **Failed bank** · COLORADO SPRINGS, CO · failed 1988-04-21 · National commercial bank (OCC-chartered) · FDIC cost $7M

## What happened

CITIZENS NATIONAL BANK of COLORADO SPRINGS, CO was closed by the OCC on **1988-04-21**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **STATE B&T OF CO SPRINGS** (COLORADO SPRINGS, CO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1732
- **FDIC Certificate:** 22611
- **FDIC FIN:** 5939
- **Bank name:** CITIZENS NATIONAL BANK
- **Location:** COLORADO SPRINGS, CO
- **Failure date:** 1988-04-21
- **FDIC resolution date:** 1988-04-21
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $18M
- **Assets at failure:** $18M
- **Acquiring bank:** STATE B&T OF CO SPRINGS (COLORADO SPRINGS, CO)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS NATIONAL BANK (FDIC ID 1732), failed 1988-04-21. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/1732.

---

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