Data / Bank failures / 1980 / Citizens State BK of Galena
Citizens State BK of Galena, Galena, KS: failed November 21, 1980
Citizens State BK of Galena in Galena, Kansas, failed on November 21, 1980. Citizens STB in Galena of Galena, KS, took over its deposits. It held $10.3 million in assets and $9.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $973,774 (9.4% of its assets). By assets it was the 18th largest of 22 banks closed or assisted in 1980.
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The FDIC's record
- Closed
- November 21, 1980
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Citizens STB in Galena, Galena, KS
- Total assets
- $10,338,000
- Total deposits
- $9,402,000
- Estimated cost to the FDIC
- $973,774 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 15559
Other bank failures in Kansas, 1978 to 1982
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| North Kansas Sa | Beloit | November 19, 1982 | $36.5 million | $31.1 million | $7.2 million | |
| The Mission State BK & TR Co. | Mission | August 8, 1980 | $86.4 million | $79.6 million | $15 million | Mission Bank |
| The Citizens State Bank | Viola | June 4, 1980 | $2 million | $1.7 million | $6,774 | |
| The Farmers State Bank | Protection | September 21, 1979 | $5 million | $4.7 million |
All bank failures in 1980 · All bank failures in Kansas · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. 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.