Bank failure · KS

The Citizens State Bank (Viola, KS) — failed June 4, 1980

The Citizens State Bank of Viola, Kansas was closed on June 4, 1980 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $2.0M in assets and $1.7M in deposits. The FDIC's estimated loss on the failure is $7K (0.3% of assets).