Calendar Year
1978 in US Banking
196 bank events are on record for 1978: 7 failures, 189 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
7
Failures
$994.0M in failed assets
189
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1978 · Bank mergers 1978
How many banks failed in 1978?
7 banks failed in 1978, with $994.0M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 16, 1978 | North Point State Bank | $26.5M |
| Sep 5, 1978 | Banco de Ahorro De Puerto Rico | $9.4M |
| Jul 21, 1978 | Watkins Banking Company | $1.7M |
| Mar 31, 1978 | Banco Credito Y De Ahorro Ponceno | $712.5M |
| Mar 1, 1978 | Wilcox County Bank | $12.7M |
| Jan 26, 1978 | First Bank of Macon County | $4.5M |
| Jan 19, 1978 | The Drovers' National Bank of Chicago | $226.8M |
Which banks merged in 1978?
189 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1978.
See the fuller list: Bank mergers 1978 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Jan 30, 1978 | The Farmers Exchange Bank | 1st Security Bank |
| Jan 24, 1978 | Commercial and Farmers National Bank | (unnamed) |
| Jan 17, 1978 | Community Bank of Countryside | Community Bank of Pinellas |
| Jan 17, 1978 | Community Bank of Redington | Community Bank of Pinellas |
| Jan 17, 1978 | Community Bank of Northside | Community Bank of Pinellas |
| Jan 17, 1978 | Community Bank of St. Petersburg | Community Bank of Pinellas |
| Jan 17, 1978 | Community Bank of Largo | Community Bank of Pinellas |
| Jan 17, 1978 | Community Bank of Clearwater | Community Bank of Pinellas |
| Jan 11, 1978 | Richfield Commercial and Savings Bank | Zions Bancorporation, N.A. |
| Jan 11, 1978 | First State Bank | Zions Bancorporation, N.A. |
| Jan 7, 1978 | (unnamed) | UST Bank/Connecticut |
| Jan 3, 1978 | Bank of Stratford | The North American Bank and Trust Company |
| Jan 3, 1978 | First American Bank of Broward County | Barnett Bank of Broward County |
| Jan 3, 1978 | Barnett Bank of Lake Placid | Barnett Bank of Highlands County |
| Jan 3, 1978 | Barnett Bank of West Hollywood | Barnett Bank of Broward County |
| Jan 3, 1978 | Barnett Bank of Palm Springs | Barnett Bank of Palm Beach County |
| Jan 3, 1978 | Barnett Bank of Jacaranda | Barnett Bank of Broward County |
| Jan 3, 1978 | Barnett Bank of West Lake Worth, National Association | Barnett Bank of Palm Beach County |
| Jan 3, 1978 | Barnett Bank of Riverland | Barnett Bank of Broward County |
| Jan 3, 1978 | Barnett Bank of Fort Lauderdale | Barnett Bank of Broward County |
| Jan 3, 1978 | Barnett Bank of Port Everglades | Barnett Bank of Broward County |
| Jan 1, 1978 | Atlantic National Bank of Fort Lauderdale | Atlantic National Bank of Broward |
| Jan 1, 1978 | Overland Building Corporation | The Overland National Bank of Grand Island |
| Jan 1, 1978 | Bank of Elk Grove Building Corp | NBD Elk Grove Bank |
| Jan 1, 1978 | Davenport Flagship Bank | The First Bankers of Polk County |
| Jan 1, 1978 | The State Bank of Milan | The Fifth Third Bank of Southeastern Indiana |
| Jan 1, 1978 | Fulton Savings Bank, Kings County | CrossLand Federal Savings Bank |
| Jan 1, 1978 | Atlantic National Bank of Hollywood | Atlantic National Bank of Broward |
| Jan 1, 1978 | First Marine National Bank | Barnett Bank of Palm Beach County |
| Jan 1, 1978 | The Exchange Bank of Dunedin | The Exchange National Bank of Pinellas County |
| Jan 1, 1978 | Dekalb Exchange Bank | First Union National Bank of Georgia |
| Jan 1, 1978 | The Exchange Bank and Trust Company of Clearwater | The Exchange National Bank of Pinellas County |
| Jan 1, 1978 | First National Bank of White River Junction the | First Twin-State Bank |
| Jan 1, 1978 | First Marine Bank of Boca Raton | Barnett Bank of Palm Beach County |
| Jan 1, 1978 | Flagship Bank of Lake Alfred | The First Bankers of Polk County |
| Jan 1, 1978 | J. Henry Schroder Banking Corporation | IBJ Whitehall Bank & Trust Company |
| Jan 1, 1978 | Atlantic National Bank of Davie | Atlantic National Bank of Broward |
| Jan 1, 1978 | First Marine Bank of Palm Beach Gardens | Barnett Bank of Palm Beach County |
| Jan 1, 1978 | Indian Head National Bank of Portsmouth | (unnamed) |
Browse adjacent years: 1977 · 1979
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