Calendar Year
1979 in US Banking
256 bank events are on record for 1979: 10 failures, 246 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
10
Failures
$133.0M in failed assets
246
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1979 · Bank mergers 1979
How many banks failed in 1979?
10 banks failed in 1979, with $133.0M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Oct 12, 1979 | Livingston State Bank | $12.7M |
| Oct 12, 1979 | American National Bank | $10.7M |
| Sep 28, 1979 | Fidelity Bank | $32.8M |
| Sep 21, 1979 | The Farmers State Bank | $5.0M |
| Jul 14, 1979 | Gateway National Bank | $16.9M |
| Jul 14, 1979 | The Guaranty Bank & Trust Company | $7.9M |
| Jun 16, 1979 | Bank of Enville | $3.5M |
| Jun 14, 1979 | Southern National Bank | $32.6M |
| Jan 26, 1979 | Village Bank | $5.1M |
| Jan 5, 1979 | Toney Brothers Bank | $5.9M |
Which banks merged in 1979?
246 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1979.
See the fuller list: Bank mergers 1979 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 31, 1979 | The Huntington Bank of Chillicothe | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Bank of Wood County | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/Citizens & Marine | Crestar Bank |
| Dec 31, 1979 | (unnamed) | Heritage Bank |
| Dec 31, 1979 | The Huntington First National Bank of Kenton | The Huntington National Bank |
| Dec 31, 1979 | First National Bank of Fresno | (unnamed) |
| Dec 31, 1979 | Coastal State Bank | Midlantic National Bank/South |
| Dec 31, 1979 | Valley Bank, National Association | (unnamed) |
| Dec 31, 1979 | United Virginia Bank/Seaboard National | Crestar Bank |
| Dec 31, 1979 | The Huntington First National Bank of Lima | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank of Williamsburg | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Charlottesville | Crestar Bank |
| Dec 31, 1979 | NB Corporation | Jefferson Bankshares, Inc. |
| Dec 31, 1979 | First General Credit Inc | First Virginia Bank |
| Dec 31, 1979 | United Virginia Bank/Spotswood | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Roanoke, N.A. | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Spotsylvania | Crestar Bank |
| Dec 31, 1979 | NB Bank of Richmond | Southern Bank |
| Dec 31, 1979 | United Virginia Bank/First National | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Gloucester | Crestar Bank |
| Dec 31, 1979 | The Huntington Bank of Washington Court House | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/Peoples of Gretna | Crestar Bank |
| Dec 31, 1979 | The Huntington Bank of Ashland | The Huntington National Bank |
| Dec 31, 1979 | California Pacific Bank | Republic Bank |
| Dec 31, 1979 | United Virginia Bank/National | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank/Citizens of South Boston | Crestar Bank |
| Dec 31, 1979 | The Huntington First National Bank of Medina County | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/Rockbridge | Crestar Bank |
| Dec 31, 1979 | The Huntington National Bank of Bellefontaine | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Bank of Woodville | The Huntington National Bank |
| Dec 31, 1979 | Tahoe National Bank | (unnamed) |
| Dec 31, 1979 | The Huntington National Bank of Franklin | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Lagonda National Bank of Springfield | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Bank of Toledo | The Huntington National Bank |
| Dec 31, 1979 | The Huntington National Bank of London | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/National Valley | Crestar Bank |
| Dec 31, 1979 | The Huntington Portage National Bank of Kent | The Huntington National Bank |
| Dec 29, 1979 | College Homes Inc | First National Bank of Commerce |
| Dec 29, 1979 | The Little Falls National Bank | Oneida National Bank |
| Dec 29, 1979 | First Management Consultants Inc | First National Bank of Commerce |
| Dec 29, 1979 | (unnamed) | First National Bank of Catawba County |
| Dec 29, 1979 | First Commerce Financial Corporation | First National Bank of Commerce |
| Dec 21, 1979 | Tanglewood Investment Corp. | Midlantic National Bank/North |
| Dec 21, 1979 | Trails Investment Corp. | Midlantic National Bank/North |
| Dec 17, 1979 | The Firestone Bank of Wadsworth | Firestone Bank |
| Dec 15, 1979 | Springfield State Bank | Wells Fargo Bank South Dakota, N.A. |
| Dec 8, 1979 | Gavilan Bank | First Interstate Bank of California |
| Dec 8, 1979 | Mercantile National Bank of Chicago | American National Bank and Trust Company of Chicago |
| Dec 3, 1979 | The Bank of Asheville | Bank of America, N.A. |
| Dec 3, 1979 | Lebanon County Trust Company | CoreStates Hamilton Bank |
Browse adjacent years: 1978 · 1980
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