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Bank failure · OH

Citizens S&la (Middletown, OH) — failed December 27, 1983

Citizens S&la of Middletown, Ohio was closed on December 27, 1983 and resolved through a a/a. Middletown Fs&la (OH) took over its insured deposits. At failure it held $63.6M in assets and $50.9M in deposits. The FDIC's estimated loss on the failure is $5.4M (8.5% of assets).

Closing date
December 27, 1983
FDIC certificate #
27882
Resolution
A/A (assistance)
Acquiring institution
Middletown Fs&la
Insurance fund
FSLIC

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