Calendar Year
1974 in US Banking
123 bank events are on record for 1974: 4 failures, 119 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
4
Failures
$3.82B 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 1974 · Bank mergers 1974
How many banks failed in 1974?
4 banks failed in 1974, with $3.82B in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Oct 9, 1974 | Cromwell State Savings Bank | $3.5M |
| Oct 8, 1974 | Franklin National Bank | $3.66B |
| Sep 27, 1974 | Tri-City Bank | $16.3M |
| Sep 20, 1974 | American Bank & Trust | $147.1M |
Which banks merged in 1974?
119 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1974.
See the fuller list: Bank mergers 1974 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 31, 1974 | The Farmers and Merchants Bank of Englewood | The Central Trust Company of Montgomery County, National Association |
| Dec 31, 1974 | Financial Properties, Inc. | Financial Institutions, Inc. |
| Dec 31, 1974 | Citizens Bank | Wachovia Bank, National Association |
| Dec 31, 1974 | The First National Bank of Fair Haven | First National Bank of Vermont |
| Dec 31, 1974 | The Neshaminy Valley Bank | Industrial Valley Bank and Trust Company |
| Dec 31, 1974 | The Northfield National Bank | First National Bank of Vermont |
| Dec 30, 1974 | The First National Bank of Westwood | Midlantic National Bank/North |
| Dec 22, 1974 | The Freeport State Bank | Heritage Bank, N.A. - Hopedale |
| Dec 6, 1974 | Ventura State Bank | (unnamed) |
| Dec 3, 1974 | Guaranty National Bank of White Center | Old National Bank of Washington |
| Dec 3, 1974 | United Jersey National Bank of Cherry Hill | United Jersey Bank/Southwest |
| Nov 30, 1974 | The First National Bank of Cooperstown | (unnamed) |
| Nov 30, 1974 | The Victory State Bank | Security Bank of Kansas City |
| Nov 30, 1974 | Heritage Bank of Milwaukee | Heritage Bank of Milwaukee |
| Nov 30, 1974 | Egg Harbor Bank and Trust Company | First Fidelity Bank, National Association, South Jersey |
| Nov 30, 1974 | Montpelier National Bank | Vermont National Bank |
| Nov 30, 1974 | Indian Head National Bank of Nashua | Fleet Bank-NH |
| Nov 18, 1974 | The Houtzdale Bank | First Commonwealth Bank |
| Nov 16, 1974 | Blairsville National Bank | PNC Bank, N.A. |
| Nov 16, 1974 | The Berwick National Bank | First Eastern Bank, National Association |
| Nov 16, 1974 | The County Bank, Santa Barbara-Carpinteria | Barclays Bank of California |
| Nov 15, 1974 | Citizens National Bank | First Mississippi National Bank |
| Nov 12, 1974 | The Loganton National Bank | The State Bank of Avis |
| Nov 1, 1974 | Deep River Bank and Trust Company | Community Banking Company |
| Nov 1, 1974 | Fairfield National Bank | Midlantic National Bank/North |
| Nov 1, 1974 | Oakland State Bank | Citizens First National Bank of New Jersey |
| Nov 1, 1974 | The Bank of Lena | Merchants and Farmers Bank |
| Oct 29, 1974 | Citizens Bank of Maple Shade | Citizens United Bank, National Association |
| Oct 29, 1974 | Citizens State Bank | Citizens United Bank, National Association |
| Oct 29, 1974 | Citizens National Bank of South Jersey | Citizens United Bank, National Association |
| Oct 22, 1974 | Groveland State Bank | Marine Midland Bank - Rochester |
| Oct 7, 1974 | West Florida Bank Holding Co., Inc. | Southeast Banking Corporation |
| Oct 5, 1974 | The Miners Bank and Trust Company of West Hazleton, Pa. | United Penn Bank |
| Oct 1, 1974 | The Bank of Coleridge | First-Citizens Bank & Trust Company |
| Oct 1, 1974 | The Bank of Commerce | First-Citizens Bank & Trust Company |
| Oct 1, 1974 | The First National Bank in Bristol | Norwest Bank Aberdeen, National Association |
| Oct 1, 1974 | The National Bank of Commerce of Columbus | (unnamed) |
| Oct 1, 1974 | The Duncannon National Bank | CCNB Bank, National Association |
| Oct 1, 1974 | The Plymouth National Bank | PNC Bank, Northeast PA |
| Sep 30, 1974 | First Greenwood Bank | Union Planters Bank of Mississippi |
| Sep 30, 1974 | State Bank of Paradise | Meridian Bank |
| Sep 16, 1974 | Farmers Loan and Trust Company | The Toy National Bank of Sioux City |
| Sep 14, 1974 | Clay County Bank and Trust Company | Renasant Bank |
| Aug 28, 1974 | The Rentz Banking Company | The Citizens and Southern Bank of Dublin |
| Aug 24, 1974 | Commercial National Bank | Wells Fargo Bank, N.A. |
| Aug 17, 1974 | Lexington Trust Company | Shawmut County Bank, National Association |
| Aug 9, 1974 | U. N. Bancshares, Inc. | Boatmen's Bancshares, Inc. |
| Aug 3, 1974 | Belmar-Wall National Bank | National Westminster Bank USA |
| Aug 1, 1974 | Hayward National Bank | Bank of the West |
| Jul 29, 1974 | First National Bank of Somerset County | First Philson Bank, National Association |
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