CITIZENS FS&LA OF NEW CASTLE Failed 1988
What happened
CITIZENS FS&LA OF NEW CASTLE of NEW CASTLE, IN was closed on 1988-09-30. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to AMERIANA SAVINGS BANK FSB (NEW CASTLE, IN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1940
- FDIC Certificate
- 29746
- FDIC FIN
- 1756
- Bank name
- CITIZENS FS&LA OF NEW CASTLE
- Location
- NEW CASTLE, IN
- Failure date
- 1988-09-30
- FDIC resolution date
- 1988-09-30
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $5M
- Deposits at failure
- $57M
- Assets at failure
- $52M
- Acquiring bank
- AMERIANA SAVINGS BANK FSB (NEW CASTLE, IN)