CITIZENS BANK OF LITTLETON Failed 1988

LITTLETON, CO · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

CITIZENS BANK OF LITTLETON of LITTLETON, CO was closed on 1988-09-15. The FDIC was named receiver.

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

Deposits were transferred to EQUITABLE BK OF LITTLETO (LITTLETON, CO). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1922
FDIC Certificate
23492
FDIC FIN
2916
Bank name
CITIZENS BANK OF LITTLETON
Location
LITTLETON, CO
Failure date
1988-09-15
FDIC resolution date
1988-09-15
Charter type
State commercial bank, Federal Reserve member
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$2M
Deposits at failure
$6M
Assets at failure
$6M
Acquiring bank
EQUITABLE BK OF LITTLETO (LITTLETON, CO)