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Calendar Year

1961 in US Banking

124 bank events are on record for 1961: 5 failures, 119 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

5
Failures
$9.8M in failed assets
119
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 1961 · Bank mergers 1961

How many banks failed in 1961?

5 banks failed in 1961, with $9.8M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Dec 30, 1961 First State Bank Premont, TX $1.9M —
Dec 19, 1961 The First National Bank of Maud Maud, OK $1.6M —
Sep 7, 1961 Bank of Ochlochnee Ochlochnee, GA $984K —
Aug 11, 1961 Bank of Earlsboro Earlsboro, OK $962K —
Jan 16, 1961 The Sheldon National Bank Sheldon, IA $4.4M —

Which banks merged in 1961?

119 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1961.

See the fuller list: Bank mergers 1961 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Dec 30, 1961 Peoples National Bank and Trust Company of Pemberton NJ First Fidelity Bank, National Association, South Jersey
Dec 30, 1961 Quarryville National Bank PA Lancaster County Farmers National Bank
Dec 29, 1961 Savings Institution of the City of Williamsport in the County F Lycoming PA Commonwealth Bank
Dec 18, 1961 Citizens BK NC Truist Bank
Dec 4, 1961 Milan State Bank MI NBD Ann Arbor, National Association
Dec 1, 1961 First National Bank VT The Howard Bank, National Association
Dec 1, 1961 Surry County Loan and Trust Company NC The Northwestern Bank
Dec 1, 1961 Bank of Elkin NC The Northwestern Bank
Nov 25, 1961 (unnamed) — Old National Bank of Washington
Nov 20, 1961 Hampden National Bank and Trust Company MA Bank of New England - West, National Association
Nov 17, 1961 (unnamed) — Bank of America NW, National Association
Nov 13, 1961 Chatham Bank NC Wachovia Bank, N.A.
Nov 13, 1961 Danville Bank OH First-Knox National Bank
Nov 13, 1961 First National Bank NY Marine Midland Bank of Southeastern New York, N.A.
Nov 10, 1961 Wilber State Bank NE Saline State Bank
Nov 6, 1961 Merchants National Bank of West Virginia WV Bank One, West Virginia, Clarksburg, National Association
Nov 6, 1961 County Trust Company of Maryland MD Maryland National Bank
Nov 1, 1961 Conneaut Banking and Trust Company OH AmeriTrust Company of Northeastern Ohio, N.A.
Nov 1, 1961 (unnamed) — First Merchants National Bank
Oct 30, 1961 Gibsonburg Banking Company OH The Home Banking Company
Oct 30, 1961 Central National Bank & Trust Company IL First of America Bank-Illinois, National Association
Oct 30, 1961 Citizens Banking and Saving Company OH The Farmers National Bank and Trust Company of Ashtabula
Oct 30, 1961 Security St B&TC TX First City, Texas - Beaumont, N.A.
Oct 23, 1961 First National Bank of Collingswood NJ Midlantic National Bank/South
Oct 23, 1961 Exchange Bank NY Fleet Bank of New York, National Association
Oct 23, 1961 The Oxford National Bank OH First Financial Bank
Oct 23, 1961 Waynestown State Bank IN Elston Bank & Trust Company
Oct 16, 1961 Osborne Trust Company NY Valley Bank of New York
Oct 16, 1961 First National Bank NC Wachovia Bank, N.A.
Oct 16, 1961 Bank of Florence SC NationsBank of South Carolina, National Association
Oct 13, 1961 First National Bank NJ The Central Jersey Bank and Trust Company
Oct 2, 1961 First National Bank PA PNC Bank, N.A.
Oct 2, 1961 First National Bank of Williamsburg PA Hollidaysburg Trust Company
Oct 2, 1961 National Bank and Trust Company of West Grove PA National Bank and Trust Company of Kennett Square
Oct 2, 1961 Durham Bank & Trust Company NC Central Carolina Bank and Trust Company
Oct 2, 1961 Bank of Grand Junction TN First South Bank
Oct 2, 1961 Smethport National Bank PA Producers Bank
Sep 25, 1961 Fort Plain National Bank NY Fleet Bank
Sep 16, 1961 Citizens Exchange Bank MO Tbo Bank
Sep 11, 1961 Hanover Bank NY Manufacturers Hanover Trust Company
Sep 11, 1961 First Trust Company NE National Bank of Commerce Trust and Savings Association
Sep 5, 1961 Peoples State Bank & Trust Company KY Peoples Commercial Bank
Sep 5, 1961 Citizens Savings Banking Company OH The Central National Bank at Cambridge
Sep 5, 1961 City National Bank & Trust Company IL Bank of America Illinois
Aug 28, 1961 First National Bank SC Wachovia Bank of South Carolina, National Association
Aug 21, 1961 First National Bank of Cresson PA Laurel Bank
Aug 14, 1961 Killington Bank and Trust Company VT First Vermont Bank , National Association
Aug 7, 1961 Fort Hill Bank and Trust Company SC First National Bank of South Carolina
Aug 3, 1961 Citizens Waynesboro Bank and Trust Company VA NationsBank, National Association
Aug 1, 1961 Home Bank OH Bank One, Wapakoneta, National Association

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