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 | Assets |
|---|---|---|
| Dec 30, 1961 | First State Bank | $1.9M |
| Dec 19, 1961 | The First National Bank of Maud | $1.6M |
| Sep 7, 1961 | Bank of Ochlochnee | $984K |
| Aug 11, 1961 | Bank of Earlsboro | $962K |
| Jan 16, 1961 | The Sheldon National Bank | $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 | Acquirer |
|---|---|---|
| Feb 13, 1961 | National Bank of Argyle | Marine Midland Bank - Eastern, National Association |
| Feb 9, 1961 | First NB | First American National Bank |
| Feb 1, 1961 | Central Savings Bank and Trust Company | The Howard Bank, National Association |
| Feb 1, 1961 | Allenhurst National Bank and Trust Company | The Central Jersey Bank and Trust Company |
| Feb 1, 1961 | Farmers and Citizens State Bank | United Bank, National Association |
| Jan 30, 1961 | Lindenhurst Bank | Long Island Trust Company, National Association |
| Jan 23, 1961 | Gardner Trust Company | Shawmut Worcester County Bank, National Association |
| Jan 23, 1961 | Farmers and Merchants Bank | Peoples Bank and Trust Company |
| Jan 18, 1961 | (unnamed) | The Oregon Bank |
| Jan 4, 1961 | Commercial National Bank | Wachovia Bank, National Association |
| Jan 3, 1961 | Peoples Bank and Trust Company | First National Bank of South Jersey |
| Jan 3, 1961 | Lorain Banking Company | The Lorain National Bank |
| Jan 3, 1961 | Citizens Bank | Pennbank |
| Jan 3, 1961 | Anacostia National Bank | The National Bank of Washington |
| Jan 3, 1961 | First National Bank | Bank of America, N.A. |
| Jan 3, 1961 | National BK of Wrentham | South Shore Bank |
| Jan 3, 1961 | First Trust & Savings Bank | First Trust and Savings Bank |
| Jan 3, 1961 | New England National Bank | Bank of New England, N.A. |
| Jan 3, 1961 | Peoples State Bank | First of America Bank-Security |
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