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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 HQ Assets Acquirer or resolution
Aug 26, 1977 Donahue Savings Bank Donahue, IA $5.5M —
Jul 29, 1977 Republic National Bank of Louisiana New Orleans, LA $6.3M —
May 20, 1977 First Augusta Bank & Trust Company Augusta, GA $24.2M —
Mar 28, 1977 The Monroe Bank and Trust Company Monroe, CT $4.3M —
Mar 10, 1977 First State Bank Foss, OK $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 St Acquirer
Jan 1, 1977 City National Bank of South Dade FL City National Bank of Miami
Jan 1, 1977 Chelsea National Bank NY (unnamed)
Jan 1, 1977 Percy Galbreath & Son Inc TN Union Planters Bank, National Association
Jan 1, 1977 United Virginia Properties Inc VA Crestar Financial Corporation
Jan 1, 1977 Barnett Bank at Westchester, National Association FL Barnett Bank of South Florida, National Association
Jan 1, 1977 Barnett Bank of Cypress Gardens, National Association FL Barnett Bank of East Polk County, N.A.
Jan 1, 1977 The City National Bank of Coral Gables FL City National Bank of Miami
Jan 1, 1977 Chester Savings Bank CT Chester Bank
Jan 1, 1977 Barnett Bank at Midway, National Association FL Barnett Bank of South Florida, National Association
Jan 1, 1977 Sun Bank of Seminole FL SunTrust Bank, Central Florida, National Association
Jan 1, 1977 Barnett Bank of Miami FL Barnett Bank of South Florida, National Association
Jan 1, 1977 City National Bank of Miami Beach FL City National Bank of Miami
Jan 1, 1977 First National Bank of Princeton-Naranja FL 1st National Bank of South Florida
Jan 1, 1977 Yonkers Savings Bank NY The Manhattan Savings Bank
Jan 1, 1977 Barnett Mall Bank, National Association FL Barnett Bank of Central Florida, National Association
Jan 1, 1977 Barnett Bank of South Orlando FL Barnett Bank of Central Florida, National Association
Jan 1, 1977 Barnett Bank of East Ocala, National Association FL Barnett Bank of Marion County, National Association
Jan 1, 1977 Barnett Bank of Orlando FL Barnett Bank of Central Florida, National Association

FDIC Open-Bank Assistance in 1977

Date Institution HQ Assets
Sep 2, 1977 Banco Economias San German, PR $190.3M

Browse adjacent years: 1976 · 1978

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