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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.

Date Acquired St Acquirer
Jul 29, 1961 The First National Bank of Thomasville NC Wachovia Bank, National Association
Jul 24, 1961 Bank of Carolina Beach NC Bank of North Carolina, National Association
Jul 20, 1961 State Savings Bank MI City Bank
Jul 17, 1961 Parkville Bank MD Equitable Bank, National Association
Jul 17, 1961 Camp Curtain Trust Company PA Dauphin Deposit Bank and Trust Company
Jul 15, 1961 Peoples Bank MS Coahoma National Bank
Jul 14, 1961 (unnamed) — First Interstate Bank of California
Jul 5, 1961 Cumberland County Bank VA Bank of Powhatan
Jul 3, 1961 Industrial Trust Company PA Industrial Valley Bank and Trust Company
Jul 3, 1961 First National Bank NY Tioga State Bank, N.A.
Jul 1, 1961 Chesapeake Bank OH First National Bank of Ironton
Jun 30, 1961 Bank of McKees Rocks PA Equibank
Jun 30, 1961 Community Bank and Trust Company CT Colonial Bank of New Haven
Jun 21, 1961 Bank of Encino CA First Interstate Bank of California
Jun 19, 1961 Nanty Glo State Bank PA Ameriserv Financial Bank
Jun 19, 1961 Farmers and Citizens Bank OH Society National Bank of Mid-Ohio
Jun 15, 1961 Hardy Exchange Bank AR Boatmen's National Bank of Batesville
Jun 5, 1961 Bank of Waverly KY Morganfield National Bank
Jun 5, 1961 Gloucester Safe Deposit and Trust Company MA Bank of New England - North Shore
Jun 2, 1961 Peoples Bank and Trust Company OH National City Bank of Dayton
May 29, 1961 Egypt Schnecksville Bank PA Merchants Bank, National Association
May 23, 1961 Ashland Trust Company ME Washburn Trust Company
May 1, 1961 Security State Bank MN Citizens State Bank of Waterville
May 1, 1961 Union State Bank MI Chemical Bank Shoreline
Apr 17, 1961 Rockland-Atlas National Bank MA State Street Bank and Trust Company
Apr 10, 1961 Erie County Trust Company NY Fleet Bank of New York, National Association
Apr 10, 1961 American Bank NC First-Citizens Bank & Trust Company
Apr 3, 1961 Linden Trust Company NJ United Counties Trust Company
Apr 3, 1961 Albany TR & BKG Co GA First State Bank & Trust Company
Apr 3, 1961 National Bank of Fredonia NY Fleet Bank of New York, National Association
Apr 3, 1961 Mid-Carolina Industrial Bank NC First-Citizens Bank & Trust Company
Apr 3, 1961 Coraopolis National Bank PA National City Bank of Pennsylvania
Apr 3, 1961 Coraopolis Trust Company PA National City Bank of Pennsylvania
Apr 1, 1961 Arthur Trust and Savings Bank IA United Bank of Iowa
Mar 27, 1961 Madrid Bank NY Community Bank, N.A.
Mar 27, 1961 Georgetown State Bank IN P N C Bank, Indiana, Inc.
Mar 20, 1961 Norwood Bank and Trust Company MA South Shore Bank
Mar 13, 1961 Farmers and Merchants Trust Company PA First Seneca Bank
Mar 8, 1961 Citizens National Bank VA First Union National Bank of Virginia
Mar 6, 1961 First National Bank and Trust Company NY First Westchester National Bank
Mar 6, 1961 Vernon State Bank MI NBD Genesee Bank
Mar 4, 1961 (unnamed) — Wells Fargo Bank, N.A.
Mar 2, 1961 First Commercial Savings Bank MI Michigan National Bank-Michiana
Mar 1, 1961 Cicero State Bank NY OnBank & Trust Co.
Mar 1, 1961 Security Trust Company KY First Security National Bank and Trust Company of Lexington
Feb 25, 1961 (unnamed) — First Interstate Bank of California
Feb 23, 1961 State Bank of Saint Johns MI City Bank
Feb 20, 1961 First National Bank NY KeyBank National Association
Feb 20, 1961 The National Bank and Trust Company of Spring City PA Continental Bank
Feb 18, 1961 (unnamed) — United States National Bank of Oregon

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