Data / Bank failures / 1980 / The Citizens State Bank
The Citizens State Bank, Viola, KS: failed June 4, 1980
The Citizens State Bank in Viola, Kansas, failed on June 4, 1980. It held $2 million in assets and $1.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $6,774 (0.3% of its assets). By assets it was the 22nd largest of 22 banks closed or assisted in 1980.
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The FDIC's record
- Closed
- June 4, 1980
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $1,980,000
- Total deposits
- $1,722,000
- Estimated cost to the FDIC
- $6,774 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 17615
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 | |
| Citizens State BK of Galena | Galena | November 21, 1980 | $10.3 million | $9.4 million | $973,774 | Citizens STB in Galena |
| The Mission State BK & TR Co. | Mission | August 8, 1980 | $86.4 million | $79.6 million | $15 million | Mission Bank |
| 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.