CITIZENS STATE BK OF GALENA Failed 1980

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

What happened

CITIZENS STATE BK OF GALENA of GALENA, KS was closed on 1980-11-21. The FDIC was named receiver.

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

Deposits were transferred to CITIZENS STB IN GALENA (GALENA, KS). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
583
FDIC Certificate
15559
FDIC FIN
2285
Bank name
CITIZENS STATE BK OF GALENA
Location
GALENA, KS
Failure date
1980-11-21
FDIC resolution date
1980-11-21
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$1M
Deposits at failure
$9M
Assets at failure
$10M
Acquiring bank
CITIZENS STB IN GALENA (GALENA, KS)