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.

Failures

$133.0M in failed assets

246

Mergers

Federal Reserve NIC, banking organizations

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	HQ	Assets	Acquirer or resolution
Oct 12, 1979	Livingston State Bank	Livingston, NJ	$12.7M	—
Oct 12, 1979	American National Bank	Houston, TX	$10.7M	—
Sep 28, 1979	Fidelity Bank	Utica, MS	$32.8M	—
Sep 21, 1979	The Farmers State Bank	Protection, KS	$5.0M	—
Jul 14, 1979	Gateway National Bank	Chicago, IL	$16.9M	—
Jul 14, 1979	The Guaranty Bank & Trust Company	Chicago, IL	$7.9M	—
Jun 16, 1979	Bank of Enville	Enville, TN	$3.5M	—
Jun 14, 1979	Southern National Bank	Birmingham, AL	$32.6M	—
Jan 26, 1979	Village Bank	Pueblo West, CO	$5.1M	—
Jan 5, 1979	Toney Brothers Bank	Doerun, GA	$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	St	Acquirer
Jun 30, 1979	National Bank of Loveland	OH	National City Bank of Columbus
Jun 30, 1979	The Peoples Savings Bank Company	OH	National City Bank of Columbus
Jun 30, 1979	The Geauga County National Bank of Chardon	OH	National City Bank of Columbus
Jun 30, 1979	The Kenton Savings Bank	OH	National City Bank of Columbus
Jun 30, 1979	The First National Bank of Danville	VA	First & Merchants National Bank
Jun 30, 1979	The First National Bank of Cadiz	OH	National City Bank of Columbus
Jun 30, 1979	The Central National Bank at Cambridge	OH	National City Bank of Columbus
Jun 30, 1979	First National Bank of Coshocton	OH	National City Bank of Columbus
Jun 30, 1979	The Capital National Bank	OH	National City Bank of Columbus
Jun 30, 1979	The Farmers & Merchants Bank of Logan	OH	National City Bank of Columbus
Jun 30, 1979	The First National Bank at East Palestine	OH	National City Bank of Columbus
Jun 30, 1979	The Hocking Valley National Bank of Lancaster	OH	National City Bank of Columbus
Jun 30, 1979	The First National Bank of Chillicothe	OH	National City Bank of Columbus
Jun 30, 1979	Merchants Properties, Inc.	VT	Merchants Bank
Jun 30, 1979	Batreal, Inc.	VT	Merchants Bank
Jun 29, 1979	Yuba Industries, Inc.	NY	Sterling Bancorp
Jun 9, 1979	Livingston Financial Corp.	IL	Taylor Bancor, Inc.
Jun 6, 1979	The Community Savings Bank Company	OH	The Eastern Ohio Bank
Jun 4, 1979	United National Bank	TX	First City, Texas - Dallas
Jun 1, 1979	The Sharpsburg Bank of Washington County	MD	Allfirst Bank
Jun 1, 1979	New Bank of Roanoke	VA	NationsBank, National Association
Jun 1, 1979	Caddo Trust and Savings Bank	LA	(unnamed)
Jun 1, 1979	Sun Bank of Cocoa, National Association	FL	Sun First National Bank of Brevard County
Jun 1, 1979	The Peoples Bank of South Carolina, Inc.	SC	NCNB National Bank of South Carolina
Jun 1, 1979	The Union National Bank of Lewisburg	PA	Mellon Bank (Central) National Association
May 26, 1979	South Paris Savings Bank	ME	Maine Savings Bank
May 26, 1979	Community State Bank and Trust Company	NJ	(unnamed)
May 22, 1979	First National Bank of Sebring	OH	Bank One, Alliance, National Association
May 21, 1979	The Citizens First National Bank of Greene County	OH	Society Bank, National Association
May 19, 1979	The Central Trust Company of Zanesville	OH	The Central Trust Company
May 12, 1979	The First National Bank of Millville	PA	Northern Central Bank
May 7, 1979	The Colonial National Bank	IN	Warrick National Bank
May 3, 1979	Heritage Bank, N.A. - Hopedale	OH	Heritage Bank
May 3, 1979	Heritage Bank, N.A. - Salem	OH	Heritage Bank
May 1, 1979	The Central Trust Company of Wayne County	OH	The Central Trust Company of Northeastern Ohio, N. A.
May 1, 1979	The Midwest Bank & Trust Company of Portage County	OH	The Midwest Bank & Trust Company
Apr 30, 1979	Heritage Savings Bank	NY	Albank, FSB
Apr 30, 1979	Bankers Trust Company of Central New York	NY	(unnamed)
Apr 16, 1979	The Central Trust Company of Montgomery County, National Association	OH	PNC Bank, Ohio, National Association
Apr 2, 1979	The American Bank	MS	The American Bank
Apr 1, 1979	Atlantic Bank of West Daytona Beach	FL	Atlantic First National Bank of Daytona Beach
Apr 1, 1979	Westland Shoe Corp.	ME	Sterling Bancorp
Apr 1, 1979	United Jersey Bank/South Bergen	NJ	Summit Bank
Apr 1, 1979	Royal Trust Bank of South Dade, N.A.	FL	Royal Trust Bank, National Association
Mar 31, 1979	Genesee Valley National Bank and Trust Company of Geneseo	NY	Key Bank of Central New York, National Association
Mar 31, 1979	City National Company Incorporated	AL	The Colonial Bank of Alabama
Mar 31, 1979	Criterion Capital Management Company	CT	The Connecticut Bank and Trust Company, N.A.
Mar 27, 1979	(unnamed)	—	First Interstate Bank of California
Mar 23, 1979	Prudential Savings Bank	NY	Emigrant Bank
Mar 10, 1979	First National Bank of Jacksonville	IL	Elliott State Bank

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