Bank failure · OH
Citizens Fs&la (Cleveland, OH) — failed August 29, 1986
Citizens Fs&la of Cleveland, Ohio was closed on August 29, 1986 and resolved through a a/a. Transohio Savings Bank, FSB (OH) took over its insured deposits. At failure it held $434.8M in assets and $475.2M in deposits. The FDIC's estimated loss on the failure is $82.7M (19.0% of assets).
- Closing date
- August 29, 1986
- FDIC certificate #
- 28326
- Resolution
- A/A (assistance)
- Acquiring institution
- Transohio Savings Bank, FSB
- Insurance fund
- FSLIC
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