The Graveyard › Banks › 1985
Citizens State Bank of Fulda
Fulda, MN · failed February 15, 1985 · FDIC certificate 10997
Citizens State Bank of Fulda of Fulda, MN failed on February 15, 1985. It opened on September 8, 1908, 76 years before. At its last report before that it held $39.4 million in assets and $36.4 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $12.8 million on it.
1984-031984-12
Assets at the end$39.4 millionlast report before February 15, 1985
Deposits at the end$36.4 million
Estimated loss to the fund$12.8 millionFDIC
Largest in the quarterly reports$39.4 millionSeptember 30, 1984
Equity to assets5.9%December 31, 1984
Loans not being repaid16.1%noncurrent, December 31, 1984
Return on assets-0.76%a year's rate, December 31, 1984
Staff17full time, December 31, 1984
Also ended in 1985
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- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.