CITIZENS STATE BANK OF FULDA Failed 1985
What happened
CITIZENS STATE BANK OF FULDA of FULDA, MN was closed on 1985-02-15. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to FULDA STATE BANK (FULDA, MN). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 963
- FDIC Certificate
- 10997
- FDIC FIN
- 6543
- Bank name
- CITIZENS STATE BANK OF FULDA
- Location
- FULDA, MN
- Failure date
- 1985-02-15
- FDIC resolution date
- 1985-02-15
- 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
- $36M
- Assets at failure
- $39M
- Acquiring bank
- FULDA STATE BANK (FULDA, MN)
Other banks FULDA STATE BANK acquired in FDIC resolutions