Calendar Year
1980 in US Banking
375 bank events are on record for 1980: 10 failures, 353 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
10
Failures
$239.3M in failed assets
353
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
12
Assistance
FDIC open-bank assistance
Jump to: Bank failures 1980 · Bank mergers 1980
How many banks failed in 1980?
10 banks failed in 1980, with $239.3M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 31, 1980 | East Gadsden Bank | $44.0M |
| Nov 21, 1980 | Citizens State BK of Galena | $10.3M |
| Oct 11, 1980 | The Rochelle BK & TR Co. | $8.4M |
| Sep 12, 1980 | The Metro BK of Huntington, Inc. | $27.0M |
| Aug 8, 1980 | The Mission State BK & TR Co. | $86.4M |
| Jun 28, 1980 | City & County BK of Campbell CTY | $39.8M |
| Jun 4, 1980 | The Citizens State Bank | $2.0M |
| Feb 16, 1980 | Mohawk BK & TR Co. | $5.9M |
| Feb 12, 1980 | First National BK of Carrington | $12.4M |
| Jan 11, 1980 | Bank of Lake Helen | $3.0M |
Which banks merged in 1980?
353 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1980.
See the fuller list: Bank mergers 1980 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 1, 1980 | Burlingame City Employees Federal Credit Union | Monterra Credit Union |
| Dec 1, 1980 | C N a Employees Credit Union | A C M E Continental Credit Union |
| Dec 1, 1980 | Ipco New Stanton Federal Credit Union | Stanwood Area Federal Credit Union |
| Dec 1, 1980 | Lebanon Bank & Trust Company | Hanover Bank & Trust Company |
| Dec 1, 1980 | (unnamed) | Quincy Savings Bank |
| Dec 1, 1980 | DLS Federal Credit Union | Citizens Community Credit Union |
| Dec 1, 1980 | First Western Savings and Loan Association | Santa Barbara Federal Savings and Loan Association |
| Dec 1, 1980 | Southeast Bank of Indian River, N.A. | Southeast Bank of Indian River |
| Dec 1, 1980 | Homeowners Building and Loan Association | Magnet Bank, Federal Savings Bank |
| Dec 1, 1980 | Cesp Federal Credit Union | Pasadena Federal Credit Union |
| Dec 1, 1980 | Ellis Bank of Seminole County | NCNB National Bank of Florida |
| Dec 1, 1980 | Redwood Allied Health Credit Union | Redwood Credit Union |
| Dec 1, 1980 | Eldec Employees Credit Union | Puget Sound Federal Credit Union |
| Dec 1, 1980 | Newgate Savings and Loan Association | Ameribanc Savings Bank, FSB |
| Dec 1, 1980 | United Jersey Bank/Ocean County, National Association | United Jersey Bank/Mid State |
| Dec 1, 1980 | Home FS&LA | Trans Financial Bank of Tennessee, Federal Savings Bank |
| Nov 30, 1980 | Roberts Hawaii Federal Credit Union | Hawaii Central Federal Credit Union |
| Nov 28, 1980 | Patriot Federal Savings and Loan Association | First Palmetto Bank |
| Nov 22, 1980 | First Security Bank of Logan, National Association | Wells Fargo Trust Company, N.A. |
| Nov 22, 1980 | United Savings and Loan Association | Gibson Federal Savings and Loan Association |
| Nov 21, 1980 | Tioga Credit Union | Kansas Teachers Community Credit Union |
| Nov 21, 1980 | State Bank | F&M Bank-Iowa Central |
| Nov 18, 1980 | Parklane Investment Corp. | Midlantic National Bank/North |
| Nov 17, 1980 | Guaranty FS&LA | Fortune Bank a Savings Bank |
| Nov 17, 1980 | Kewaunee Savings and Loan Association | Colonial Savings Association |
| Nov 14, 1980 | Sun Bank of Osceola County | SunTrust Bank, Central Florida, National Association |
| Nov 14, 1980 | Sun First National Bank of Orlando | SunTrust Bank, Central Florida, National Association |
| Nov 10, 1980 | Chadron Savings and Loan Association | Occidental-Nebraska Savings Bank, F.S.B. |
| Nov 8, 1980 | Sioux City Federal Savings and Loan Association | United Federal Savings Association of Iowa |
| Nov 5, 1980 | Coast Federal Savings and Loan Association | Coast Federal Savings and Loan Association |
| Nov 3, 1980 | Eltra Toledo Federal Credit Union | Co-Op Toledo Credit Union, Inc. |
| Nov 3, 1980 | Van Buren Savings and Loan Association | United Federal Savings and Loan Association |
| Nov 3, 1980 | County Capital Building & Loan Association | Penncrest Bank |
| Nov 1, 1980 | Villisca Mutual Savings and Loan Association | Scandia Savings and Loan Association |
| Nov 1, 1980 | Financial Centers Management Corporation | Fidelcor, Inc. |
| Nov 1, 1980 | Bank of Virginia-Central Valley | Signet Bank |
| Nov 1, 1980 | Florida Bank at Fort Lauderdale | Florida National Bank of Miami |
| Nov 1, 1980 | The Florida First National Bank at Fernandina Beach | Florida National Bank |
| Nov 1, 1980 | Cobb County Bank | Wachovia Bank of Georgia, National Association |
| Nov 1, 1980 | The Bank of Chatham | First & Merchants National Bank |
| Nov 1, 1980 | The Farmers National Bank of Conneautville | Marine Bank |
| Nov 1, 1980 | Sheridan Savings and Loan Association | Key Savings and Loan Association |
| Nov 1, 1980 | City Bank & Trust Company | Boston Trust Walden N.A. |
| Nov 1, 1980 | Portland Wonder Federal Credit Union | Gateway Credit Union |
| Nov 1, 1980 | Acurex Federal Credit Union | Keypoint Credit Union |
| Nov 1, 1980 | Amherst Bank & Trust Company | Amoskeag National Bank & Trust Company |
| Oct 31, 1980 | Sumter Securities, Inc. | Regions Financial Corporation |
| Oct 31, 1980 | Seco Credit Union | County Credit Union |
| Oct 31, 1980 | Sharonville Savings & Loan Association | Peoples Savings Association |
| Oct 30, 1980 | Main Federal Savings and Loan Association | Freedom Savings Association, F.A. |
FDIC Open-Bank Assistance in 1980
| Date | Institution | Assets |
|---|---|---|
| Nov 1, 1980 | Sioux City FS&LA | $25.4M |
| Oct 14, 1980 | First of Niles FS&LA | $131.8M |
| Sep 1, 1980 | Security S&LA | $54.6M |
| Aug 1, 1980 | University FS&LA | $235.4M |
| Jul 1, 1980 | Mayflower FS&LA | $24.0M |
| Jun 4, 1980 | First Calumet City Savings | $102.1M |
| May 1, 1980 | Telegraph S&LA | $264.5M |
| May 1, 1980 | Continental S&LA | $74.9M |
| May 1, 1980 | Carlsbad S&LA | $26.7M |
| Apr 28, 1980 | First Pennsylvania BK, N.A. | $7.95B |
| Mar 1, 1980 | Washington FS&LA | $376.4M |
| Feb 1, 1980 | First S&LA | $33.2M |
Browse adjacent years: 1979 · 1981
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