# CITIZENS BK OF MONROE COUNTY

> **Failed bank** · TELICO PLAINS, TN · failed 1984-04-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

CITIZENS BK OF MONROE COUNTY of TELICO PLAINS, TN was closed by regulators on **1984-04-27**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF OAK RIDGE** (OAK RIDGE, TN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 868
- **FDIC Certificate:** 1472
- **FDIC FIN:** 2382
- **Bank name:** CITIZENS BK OF MONROE COUNTY
- **Location:** TELICO PLAINS, TN
- **Failure date:** 1984-04-27
- **FDIC resolution date:** 1984-04-27
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $21M
- **Assets at failure:** $21M
- **Acquiring bank:** BANK OF OAK RIDGE (OAK RIDGE, TN)

## Other banks BANK OF OAK RIDGE has acquired in FDIC resolutions

- CITY & COUNTY BK OF ROANE CTY (KINGSTON, TN) — failed 1983-05-27 — /failed-bank/778

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CITIZENS%20BK%20OF%20MONROE%20COUNTY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS BK OF MONROE COUNTY (FDIC ID 868), failed 1984-04-27. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/868.

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