Calendar Year
1975 in US Banking
110 bank events are on record for 1975: 13 failures, 97 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
13
Failures
$419.9M in failed assets
97
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1975 · Bank mergers 1975
How many banks failed in 1975?
13 banks failed in 1975, with $419.9M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 27, 1975 | The First State Bank of Jennings | $2.9M |
| Dec 19, 1975 | The Peoples Bank | $5.7M |
| Oct 24, 1975 | The Peoples Bank of the Virgin Islands | $14.9M |
| Oct 21, 1975 | American City Bank & Trust Company, N.A. | $147.6M |
| Oct 16, 1975 | Astro Bank | $5.5M |
| Jul 12, 1975 | State Bank of Clearing | $74.4M |
| Jul 1, 1975 | Bank of Chidester | $2.4M |
| Jun 18, 1975 | Bank of Picayune | $18.0M |
| May 30, 1975 | Algoma Bank | $5.2M |
| May 9, 1975 | Chicopee Bank & Trust Company | $11.4M |
| Mar 24, 1975 | Franklin Bank | $20.7M |
| Feb 19, 1975 | Northern Ohio Bank | $103.8M |
| Jan 3, 1975 | Swope Parkway National Bank | $7.6M |
Which banks merged in 1975?
97 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1975.
See the fuller list: Bank mergers 1975 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 31, 1975 | Union Trust Company of the District of Columbia | First American Bank, National Association |
| Dec 31, 1975 | Fidelity Securities & Investment Company | Fidelity Securities & Investment Company |
| Dec 31, 1975 | United Virginia Bank/Peoples National | United Virginia Bank/National |
| Dec 31, 1975 | The Citizens and Southern Bank of Tucker | The Citizens and Southern Emory Bank |
| Dec 31, 1975 | New Jersey National Bank of Princeton | New Jersey National Bank |
| Dec 31, 1975 | New Jersey National Bank - Delaware Valley | New Jersey National Bank |
| Dec 29, 1975 | First Virginia Bank of Nansemond | First Virginia Bank - Hampton Roads |
| Dec 27, 1975 | The First National Bank, Piscataway | (unnamed) |
| Dec 27, 1975 | The Hardyston National Bank of Hamburg | Fidelity Union Bank, National Association, Garden State |
| Dec 23, 1975 | Niagara Frontier Bank of New York | Bank of Buffalo |
| Dec 1, 1975 | Bank of Pontotoc | Renasant Bank |
| Nov 30, 1975 | CFSC Realty Corporation | Citytrust |
| Nov 30, 1975 | CFSCM Corporation | Citytrust |
| Nov 30, 1975 | CFSC Leasing Corporation | Citytrust |
| Nov 14, 1975 | Kennebec Valley Industrial Bank | Casco Northern National Bank |
| Nov 14, 1975 | American National Bank of Edmonds | U.S. Bank of Washington, National Association |
| Nov 11, 1975 | Chemical Bank of Suffolk, National Association | JPMorgan Chase Bank, N.A. |
| Nov 8, 1975 | Spink County Bank | First Bank (N.A.) |
| Nov 3, 1975 | New Brunswick Trust Company | Brunswick Bank and Trust Company |
| Nov 3, 1975 | Commercial Bank & Trust Company | Keystone Bank |
| Nov 1, 1975 | The Citizens and Southern Bank of Chamblee | The Citizens and Southern Emory Bank |
| Nov 1, 1975 | CFSC Mortgage Corporation | Citytrust |
| Nov 1, 1975 | (unnamed) | United Bank |
| Nov 1, 1975 | United Farmers Bank | United Citizens Bank & Trust Company |
| Nov 1, 1975 | The Farmers National Bank of Salem | First Virginia Bank-Southwest |
| Nov 1, 1975 | The Citizens and Southern South Dekalb Bank | The Citizens and Southern Emory Bank |
| Nov 1, 1975 | Bank of Waterbury | First Vermont Bank , National Association |
| Nov 1, 1975 | The State Bank Company | The Central Trust Company of Northeastern Ohio, N. A. |
| Nov 1, 1975 | The Citizens and Southern Bank of Sandy Springs | The Citizens and Southern Bank of Fulton County |
| Nov 1, 1975 | The Citizens and Southern Bank of North Fulton | The Citizens and Southern Bank of Fulton County |
| Nov 1, 1975 | The Citizens and Southern Park National Bank | The Citizens and Southern Emory Bank |
| Oct 27, 1975 | Peoples Bank of the Virgin Islands | Deposit Insurance National Bank of the Virgin Islands |
| Oct 14, 1975 | First National Bank of Alice | First City, Texas - Alice |
| Oct 3, 1975 | Coahoma National Bank | Union Planters Bank of Mississippi |
| Oct 1, 1975 | Union Savings Bank | Mercantile Bank of Clinton |
| Oct 1, 1975 | The First National Bank and Trust Company of Ellenville | Norstar Bank of the Hudson Valley, National Association |
| Oct 1, 1975 | The First National Bank of Coudersport | Commonwealth Bank and Trust Company |
| Oct 1, 1975 | The Woodsville National Bank | Lafayette National Bank |
| Oct 1, 1975 | Southern California First National Bank | MUFG Union Bank, National Association |
| Oct 1, 1975 | Bank of Sewanee | Franklin County Bank |
| Oct 1, 1975 | Cromwell Savings Bank | Citizens Bank of Connecticut |
| Sep 3, 1975 | First State National Bank | First Citizens Bank and Trust Company, Inc. |
| Sep 1, 1975 | Midlantic National Bank/Somerset | Midlantic National Bank/West |
| Aug 30, 1975 | New Bank of Richmond | NB Bank of Richmond |
| Aug 24, 1975 | Bridgewater National Bank | United Trust Bank |
| Aug 23, 1975 | The First National Bank of Poulsbo | Security Pacific Bank Washington, N.A. |
| Aug 21, 1975 | Great Western National Bank | Pacific Western Bank |
| Aug 15, 1975 | (unnamed) | Tokai Bank of California |
| Aug 9, 1975 | The Second National Bank of Connellsville | PNC Bank, N.A. |
| Aug 1, 1975 | The Second National Bank of Orange | Summit Bank |
Browse adjacent years: 1974 · 1976
Or jump to a category: Failures · Mergers · Enforcement · Assistance