THE CITIZENS BANK Failed 1992

DALLAS, GA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

THE CITIZENS BANK of DALLAS, GA was closed on 1992-01-10. The FDIC was named receiver.

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

Deposits were transferred to FIRST NB OF PAULDING COU (DALLAS, GA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3253
FDIC Certificate
18720
FDIC FIN
4437
Bank name
THE CITIZENS BANK
Location
DALLAS, GA
Failure date
1992-01-10
FDIC resolution date
1992-01-10
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$13M
Deposits at failure
$59M
Assets at failure
$61M
Acquiring bank
FIRST NB OF PAULDING COU (DALLAS, GA)