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Calendar Year

1972 in US Banking

127 bank events are on record for 1972: 1 failure, 125 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

1
Failures
$22.1M in failed assets
125
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
1
Assistance
FDIC open-bank assistance

Jump to: Bank failures 1972 · Bank mergers 1972

How many banks failed in 1972?

1 bank failed in 1972, with $22.1M in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
May 27, 1972 Surety Bank and Trust Company Wakefield, MA $22.1M —

Which banks merged in 1972?

125 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1972.

See the fuller list: Bank mergers 1972 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Dec 31, 1972 Bank of Ridgeland SC American Bank & Trust
Dec 31, 1972 Geneva Shareholders, Inc. NY Financial Institutions, Inc.
Dec 30, 1972 Maben Home Bank MS Peoples Bank
Dec 30, 1972 Bank of Cowlitz County WA Bank of the West
Dec 30, 1972 Continental Bank TX Allied Bank of Texas
Dec 30, 1972 American Bank & Trust SC American Bank & Trust
Dec 30, 1972 The First National Bank of Meshoppen PA United Penn Bank
Dec 30, 1972 First Bank and Trust Company of Haverhill MA Bank of New England - Bay State, National Association
Dec 29, 1972 North State Bank NC Bank of North Carolina, National Association
Dec 23, 1972 Suburban Trust Company NJ The National Bank of New Jersey
Dec 16, 1972 The Bank of New Bern NC Bank of America, N.A.
Dec 4, 1972 The Nortonville Bank KY Peoples Bank and Trust Company
Dec 1, 1972 Commercial Bank & Trust Company LA First National Bank
Nov 30, 1972 The Bank of North Lewisburg Company OH The Citizens National Bank of Urbana
Nov 25, 1972 Ethan Allen National Bank VT Vermont National Bank
Nov 20, 1972 Middletown Banking Company NJ Community State Bank and Trust Company
Nov 18, 1972 Southridge National Bank of Greendale WI Heritage Bank Southridge
Nov 11, 1972 Ellensburg State Bank WA Bank of Yakima
Nov 1, 1972 The H. Y. Davis State Bank KY Citizens Bank and Trust Company
Nov 1, 1972 Wichita Union Stock Yards Company KS Sierra Petroleum Co., Inc.
Nov 1, 1972 The Wichita Union Stockyards Company KS Sierra Petroleum Co., Inc.
Nov 1, 1972 (unnamed) — Plymouth Savings Bank
Nov 1, 1972 (unnamed) — Cape Cod Five Cents Savings Bank
Oct 28, 1972 Wallis State Bank TX Wallis Bank
Oct 21, 1972 The Farmers Bank of Seaboard NC Bank of North Carolina, National Association
Oct 21, 1972 The First National Bank of Central Square NY Oneida National Bank
Oct 19, 1972 North Mecklenburg Bank NC Wachovia Bank, N.A.
Oct 17, 1972 Symetrics Industries, Inc. FL Citizens and Southern Florida Corp
Oct 16, 1972 The Oil City Bank LA Caddo Trust and Savings Bank
Oct 16, 1972 The National Bank of Far Rockaway NY (unnamed)
Oct 9, 1972 Citizens' Bank of Freeland PA Summit Bank
Oct 2, 1972 Community National Bank of Pennsylvania PA Promistar Bank
Oct 2, 1972 Bank of Central Oregon OR Western Bank
Oct 2, 1972 Bank of St. Helens OR Western Bank
Oct 2, 1972 The Peoples Bank Company OH Community First Bank & Trust
Oct 2, 1972 Bank of Klamath Country OR Western Bank
Oct 2, 1972 The First National Bank of Mount Carmel PA First Susquehanna Bank & Trust
Oct 2, 1972 Lane County Bank, Florence, Oregon OR Western Bank
Oct 1, 1972 The Mount Union Bank OH Unizan Bank, N.A.
Oct 1, 1972 Dillsboro State Bank IN Star Bank, National Association, Aurora
Oct 1, 1972 The Rockford National Bank OH The Third National Bank of Western Ohio
Sep 30, 1972 The Kezar Falls National Bank ME Maine National Bank
Sep 30, 1972 Lawrence Savings and Trust Company PA First Seneca Bank
Sep 30, 1972 First Clinton National Bank NJ First National Bank of Central Jersey
Sep 30, 1972 The First National Bank of Ferndale WA Old National Bank of Washington
Sep 27, 1972 La Porte State Bank TX La Porte State Bank
Sep 21, 1972 Poplar State Bank WI National Bank of Commerce
Sep 16, 1972 Farmers Bank KS Citizens State Bank and Trust Company
Sep 11, 1972 Farmers and Merchants Bank of Cherry Tree, Pa. PA First Commonwealth Bank
Sep 11, 1972 The Winthrop Bank and Trust Company CT First Union Bank of Connecticut

FDIC Open-Bank Assistance in 1972

Date Institution HQ Assets
Jan 18, 1972 Bank of the Commonwealth Detroit, MI $1.30B

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