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 |
|---|---|---|
| Sep 8, 1979 | Banco Mercantil de Puerto Rico, Inc. | Scotiabank de Puerto Rico |
| Sep 4, 1979 | The Merchants National Bank of Newburyport | Eastern Bank & Trust |
| Sep 1, 1979 | Peoples Bank of South Jersey | Peoples Bank of South Jersey |
| Sep 1, 1979 | Liberty Bank & Trust Company | The Planters National Bank and Trust Company |
| Sep 1, 1979 | Trefoil Investment Corp. | Fidelcor, Inc. |
| Aug 27, 1979 | The Eastern Ohio Bank | Heritage Bank, N.A. - Flushing |
| Aug 15, 1979 | Bank of Leakesville | First State Bank |
| Jul 30, 1979 | Society Bank of Painesville | KeyBank N.A. |
| Jul 14, 1979 | (unnamed) | Wells Fargo Bank, N.A. |
| Jul 2, 1979 | Union Bank of Berry | The Farmers National Bank of Cynthiana |
| Jul 2, 1979 | New Bank of Culpeper | National Bank and Trust Company |
| Jul 2, 1979 | The Bank of Buckingham | First Virginia Bank - Southside |
| Jul 2, 1979 | The First National Bank of Yorktown | Central Fidelity National Bank |
| Jul 1, 1979 | Southeast National Bank of Tamiami | Southeast Bank, N.A. |
| Jul 1, 1979 | Southeast Bank of Dadeland | Southeast Bank, N.A. |
| Jul 1, 1979 | Southeast Bank of Westland | Southeast Bank, N.A. |
| Jul 1, 1979 | The Peoples State Bank | National City Bank, Northwest |
| Jul 1, 1979 | Southeast First National Bank of Miami Springs | Southeast Bank, N.A. |
| Jul 1, 1979 | Arcadia National Bank | The Bank of New York |
| Jul 1, 1979 | (unnamed) | Southeast Bank, N.A. |
| Jun 30, 1979 | The First National Bank of Delaware | National City Bank of Columbus |
| Jun 30, 1979 | The Logan County Bank | National City Bank of Columbus |
| Jun 30, 1979 | The National Bank of Portsmouth | National City Bank of Columbus |
| Jun 30, 1979 | The Citizens National Bank in Zanesville | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Washington Court House | National City Bank of Columbus |
| Jun 30, 1979 | Akron National Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Knox County Savings Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Ohio Bank & Trust Company | National City Bank of Columbus |
| Jun 30, 1979 | Fidelity American Bank NA, Richmond | Central Fidelity Bank, N.A. |
| Jun 30, 1979 | The Ohio State Bank of Dayton | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Marysville | National City Bank of Columbus |
| Jun 30, 1979 | The Medina County Bank | National City Bank of Columbus |
| Jun 30, 1979 | Cavalier Central Bank & Trust Company | Central Fidelity Bank, N.A. |
| Jun 30, 1979 | The First National Bank of Wilmington | National City Bank of Columbus |
| Jun 30, 1979 | The Peoples National Bank of Greenfield | National City Bank of Columbus |
| Jun 30, 1979 | The Adams Bank | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Newark | National City Bank of Columbus |
| Jun 30, 1979 | The Home Banking Company | The Third National Bank of Western Ohio |
| Jun 30, 1979 | The First National Bank of Springfield | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Tiffin | National City Bank of Columbus |
| Jun 30, 1979 | The Western Security Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Community Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Perry County Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Niles Bank Company | National City Bank of Columbus |
| Jun 30, 1979 | The Citizens Banking Company | National City Bank of Columbus |
| Jun 30, 1979 | The Second National Bank of Circleville | National City Bank of Columbus |
| Jun 30, 1979 | The Cummings Bank Company | National City Bank of Columbus |
| Jun 30, 1979 | The Citizens National Bank of Ironton | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Jackson | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of London | National City Bank of Columbus |
Browse adjacent years: 1978 · 1980
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