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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
Sep 9, 1972 Bank of Hobbsville NC Bank of North Carolina, National Association
Sep 5, 1972 North Davis Bank UT Wells Fargo Trust Company, N.A.
Sep 1, 1972 Peoples Bank of Durant MS Merchants and Farmers Bank
Sep 1, 1972 Lumberton State Bank MS First Mississippi National Bank
Sep 1, 1972 Elmer Bank and Trust Company NJ Midlantic National Bank/South
Aug 19, 1972 The First National Bank of Hightstown NJ Fidelity Union Bank, National Association
Aug 17, 1972 Industrial-Commercial Bank NC Peoples Bank & Trust Company
Aug 16, 1972 The Johnstown Bank OH The First National Bank of Newark
Aug 1, 1972 Planters Bank KY Liberty National Bank of Madisonville
Jul 29, 1972 The Farmers Bank NC Bank of America, N.A.
Jul 17, 1972 The Athens National Bank PA Northern Central Bank
Jul 17, 1972 The Farmers National Bank of Ephrata PA Susquehanna Bank
Jul 16, 1972 Bothell State Bank WA U.S. Bank of Washington, National Association
Jul 14, 1972 (unnamed) — United States National Bank
Jul 3, 1972 The State Savings Bank of Harrison MI First of America Bank-Mid-Michigan
Jul 1, 1972 The First National Bank of Edmeston NY Central National Bank, Canajoharie
Jul 1, 1972 The United National Bank of Bergen County NJ Hudson United Bank
Jul 1, 1972 The First National Bank of Lebanon PA Dauphin Deposit Bank and Trust Company
Jul 1, 1972 Bank of Philadelphia NY Jefferson National Bank
Jul 1, 1972 The Waddington Bank NY Jefferson National Bank
Jul 1, 1972 The First National Bank of Oley PA National Penn Bank
Jul 1, 1972 The Bradford National Bank PA First Laurel Bank
Jun 30, 1972 Savings Institution of Sandy Spring MD Sandy Spring Bank
Jun 30, 1972 American National Bank UT Tracy-Collins Bank and Trust Company
Jun 28, 1972 The First National Bank of Painted Post NY Central Trust Company
Jun 28, 1972 North Bloomfield Banking Company OH Bank One, Youngstown, National Association
Jun 24, 1972 Ridgefield Park Trust Company NJ First Fidelity Bank, National Association, County
Jun 10, 1972 Community Bank PA First National Bank & Trust Co., Washington, Pa.
Jun 5, 1972 The First National Bank of Intercourse PA Susquehanna Bank
Jun 2, 1972 Citizens State Bank NY The Citizens Central Bank
Jun 1, 1972 Bank of Batesville MS Union Planters Bank of Northwest Mississippi
Jun 1, 1972 Peoples Bank & Trust Compamy SC First Citizens Bank and Trust Company, Inc.
May 20, 1972 The First National Bank of Upland CA (unnamed)
May 19, 1972 Industrial Bank of Savannah GA First Bank of Savannah
May 9, 1972 Chatham Savings Bank GA Savannah Bank & Trust Company of Savannah
May 7, 1972 Economy Bank of Ambridge PA Equibank
May 6, 1972 Carolina Bank of Commerce NC Bank of America, N.A.
May 6, 1972 Bank of Winston-Salem NC Bank of North Carolina, National Association
May 6, 1972 Royal National Bank of New York NY Security National Bank
May 1, 1972 Dime Savings Society of Marietta OH The Dime Bank
May 1, 1972 First National Bank of Ralston PA Citizens & Northern Bank
May 1, 1972 Commercial National Bank of San Leandro CA Bank of the West
May 1, 1972 Belle Center Banking Company OH The Huntington National Bank of Bellefontaine
Apr 29, 1972 The State Bank of Eastern Pennsylvania PA Summit Bank
Apr 19, 1972 Fidelity Bank CA (unnamed)
Apr 3, 1972 Keansburg-Middletown National Bank NJ United Counties Trust Company
Apr 3, 1972 The Bank of Virginia of the Southwest VA Bank of Virginia, N.A.
Apr 1, 1972 The Chenango County National Bank and Trust Company of Norwich NY First-City National Bank of Binghamton, N. Y.
Mar 20, 1972 Oroville State Bank WA Security Pacific Bank Washington, N.A.
Mar 18, 1972 Olympic National Bank WA U.S. Bank of Washington, National Association

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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