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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
Mar 18, 1972 Bank of Gouverneur NY Community Bank, N.A.
Mar 18, 1972 The First National Bank of Woodstown NJ First Peoples Bank of New Jersey
Mar 15, 1972 Carlen Realty Company FL NCNB Bancorporation, Inc.
Mar 11, 1972 San Joaquin Valley National Bank CA American National Bank
Mar 1, 1972 The Tanners National Bank of Catskill NY The Bank of New York, Albany
Feb 26, 1972 Trenton Trust Company NJ Constellation Bank, National Association
Feb 22, 1972 American Bank PA Meridian Bank
Feb 19, 1972 The Clinton Bank MD Equitable Bank, National Association
Feb 11, 1972 Magnolia Liquor Company, Inc. LA Barnett Banks, Inc.
Jan 22, 1972 The Banner Elk Bank NC Bank of America, N.A.
Jan 15, 1972 Citizens National Bank of South Jersey NJ Citizens National Bank of South Jersey
Jan 6, 1972 Peoples Bank of Thornville OH The Perry County Bank
Jan 3, 1972 First State Bank NC Wachovia Bank, National Association
Jan 3, 1972 McColl State Bank SC American Bank & Trust
Jan 3, 1972 Citizens Savings Bank, Magnolia, Mississippi MS First Bank
Jan 3, 1972 The Commercial Bank SC American Bank & Trust
Jan 3, 1972 Bergholz St BK Co OH Sky Bank
Jan 3, 1972 Farmers & Merchants Bank OH First National Bank
Jan 3, 1972 Savings and Loan Banking Company OH National City Bank, Norwalk
Jan 1, 1972 Dominion Bank VA Dominion Bank of Northern Virginia, National Association
Jan 1, 1972 Waltham Citizens National Bank MA Shawmut Community Bank, National Association
Jan 1, 1972 The South East National Bank of Chicago IL Associated Bank Chicago
Jan 1, 1972 (unnamed) — Wells Fargo Bank Alaska, National Association
Jan 1, 1972 First National Bank at Patton PA First Commonwealth Bank
Jan 1, 1972 Newton National Bank MA Shawmut Community Bank, National Association

FDIC Open-Bank Assistance in 1972

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

Browse adjacent years: 1971 · 1973

Or jump to a category: Failures · Mergers · Enforcement · Assistance