Calendar Year
1977 in US Banking
174 bank events are on record for 1977: 5 failures, 168 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
5
Failures
$42.4M in failed assets
168
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 1977 · Bank mergers 1977
How many banks failed in 1977?
5 banks failed in 1977, with $42.4M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Aug 26, 1977 | Donahue Savings Bank | $5.5M |
| Jul 29, 1977 | Republic National Bank of Louisiana | $6.3M |
| May 20, 1977 | First Augusta Bank & Trust Company | $24.2M |
| Mar 28, 1977 | The Monroe Bank and Trust Company | $4.3M |
| Mar 10, 1977 | First State Bank | $2.0M |
Which banks merged in 1977?
168 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1977.
See the fuller list: Bank mergers 1977 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Oct 3, 1977 | The Citizens National Bank of Havre de Grace | Mercantile County Bank |
| Oct 3, 1977 | Potomac National Bank | Mercantile Potomac Bank |
| Oct 3, 1977 | The Guarantee Trust and Safe Deposit Company of Shamokin, Pa. | Northern Central Bank |
| Oct 1, 1977 | Barnett Bank of North Pensacola | Barnett Bank of West Florida |
| Oct 1, 1977 | Lauderdale Lakes National Bank | Century National Bank of Broward |
| Oct 1, 1977 | North New York Savings Bank | Anchor Savings Bank, FSB |
| Oct 1, 1977 | Sullivan County National Bank | Citizens & Northern Bank |
| Oct 1, 1977 | First Forest Hill Bank of Palm Beach County | Citizens Bank of Palm Beach County |
| Oct 1, 1977 | Broward National Bank of Plantation | Century National Bank of Broward |
| Oct 1, 1977 | Planters Bank and Trust Company | Planters Bank & Trust Company of Virginia |
| Oct 1, 1977 | Barnett Bank of Tallahassee North | Barnett Bank of Tallahassee |
| Oct 1, 1977 | The First National Bank of Hamilton Square | Fidelity Union Bank, National Association |
| Oct 1, 1977 | Century National Bank of Fort Lauderdale | Century National Bank of Broward |
| Sep 30, 1977 | Midlantic Commercial Company | Midlantic Banks Inc. |
| Sep 24, 1977 | Chevy Chase Bank and Trust Company | Citizens Bank of Maryland |
| Sep 12, 1977 | Unicapital Corporation | First Bankers Corporation of Florida |
| Sep 10, 1977 | Valley National Bank of Auburn | Puget Sound Bank |
| Sep 1, 1977 | Kentwood National Bank | Comerica Bank-Grand Rapids, National Association |
| Sep 1, 1977 | First Security Bank of Bountiful, National Association | Wells Fargo Trust Company, N.A. |
| Aug 30, 1977 | Bank of North Lake | Valley Bank of Hartford |
| Aug 22, 1977 | Merchants and Farmers Bank | Dominion Bank of Greater Hampton Roads, National Association |
| Aug 16, 1977 | Southeast Bank of Naples, N. A. | Southeast National Bank of Naples |
| Aug 15, 1977 | Shore National Bank | Fidelity Union Bank, National Association, Garden State |
| Aug 14, 1977 | The Dime Bank | The Central Trust Company of Northeastern Ohio, N. A. |
| Aug 1, 1977 | Peoples Savings Bank of New York | Peoples Westchester Savings Bank |
| Aug 1, 1977 | United Jersey Bank/Ridgewood | United Jersey Bank/North |
| Aug 1, 1977 | Columbus National Bank | First National Bank of Crosby |
| Aug 1, 1977 | The Bank of Sebastopol | Bank of Central Mississippi |
| Jul 29, 1977 | Mission Bank | Southwest Bank |
| Jul 24, 1977 | Midland National Bank | First Bank (National Association) |
| Jul 9, 1977 | Southeast Bank of West Bradenton, National Association | Southeast National Bank of Bradenton |
| Jul 5, 1977 | Independent National Bank | First Peoples Bank of New Jersey |
| Jul 2, 1977 | Bank of Cookeville | One Bank of Tennessee |
| Jul 2, 1977 | Union Security & Investment Company | First Florida Banks, Incorporated |
| Jul 1, 1977 | Landmark Bank of West Broward, National Association | (unnamed) |
| Jul 1, 1977 | First National Building Corp. | First Nebraska Bank of Wayne |
| Jul 1, 1977 | Bank of Auburn | Bank of Commerce |
| Jul 1, 1977 | Landmark Bank at the Ocean, National Association | (unnamed) |
| Jul 1, 1977 | Bank of Virginia, N.A. | Bank of Virginia-Southwest |
| Jul 1, 1977 | Second National Bank of Lakeland | First National Bank of Lakeland |
| Jul 1, 1977 | Monroe County Bank | Bank of Madisonville |
| Jul 1, 1977 | First Financial National Bank of Tampa | (unnamed) |
| Jul 1, 1977 | First State Bank of Sarasota County | First National Bank of Venice |
| Jul 1, 1977 | Sun Bank of Pine Hills, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | Landmark Bank of Plantation, National Association | (unnamed) |
| Jul 1, 1977 | Sun Bank of East Orlando, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | The Reedsville National Bank | (unnamed) |
| Jul 1, 1977 | Sun Bank of Central Park, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | Sun Bank of College Park, National Association | Sun First National Bank of Orlando |
| Jul 1, 1977 | Sun Bank of South Orlando, National Association | Sun First National Bank of Orlando |
FDIC Open-Bank Assistance in 1977
| Date | Institution | Assets |
|---|---|---|
| Sep 2, 1977 | Banco Economias | $190.3M |
Browse adjacent years: 1976 · 1978
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