Data / Bank failures / 1949 / The Citizens Banking Company
The Citizens Banking Company, Weston, OH: failed June 11, 1949
The Citizens Banking Company in Weston, Ohio, failed on June 11, 1949. It held $740,000 in assets and $742,000 in deposits at its last report. By assets it was the 2nd largest of 4 banks closed or assisted in 1949.
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The FDIC's record
- Closed
- June 11, 1949
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $740,000
- Total deposits
- $742,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
All bank failures in 1949 · All bank failures in Ohio · 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.