Bank failure · CO

Citizens Bank of Littleton (Littleton, CO) — failed September 15, 1988

Citizens Bank of Littleton of Littleton, Colorado was closed on September 15, 1988 and resolved through a purchase and assumption. Equitable Bk of Littleto (CO) took over its insured deposits. At failure it held $6.4M in assets and $6.3M in deposits. The FDIC's estimated loss on the failure is $1.9M (29.2% of assets).