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Data / Bank failures / Fulda State Bank

Failed banks taken over by Fulda State Bank: 2

Fulda State Bank took over 2 failed banks between February 15, 1985 and May 31, 1985, holding $63.7 million in assets and $58.5 million in deposits. The FDIC estimates the cost to its insurance fund at $22.3 million. The largest: Citizens State Bank of Fulda ($39.4 million), First Trust Bank of Lakefield ($24.3 million).

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Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
First Trust Bank of LakefieldLakefieldMNMay 31, 1985$24.3 million$22.1 million$9.4 millionFulda State Bank
Citizens State Bank of FuldaFuldaMNFebruary 15, 1985$39.4 million$36.4 million$12.8 millionFulda State Bank

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.