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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 HQ Assets Acquirer or resolution
Dec 31, 1980 East Gadsden Bank Gadsden, AL $44.0M Central Bank of Alabama
Nov 21, 1980 Citizens State BK of Galena Galena, KS $10.3M Citizens STB in Galena
Oct 11, 1980 The Rochelle BK & TR Co. Rochelle, IL $8.4M United Bank of Rochelle
Sep 12, 1980 The Metro BK of Huntington, Inc. Huntington, WV $27.0M Heritage National Bank
Aug 8, 1980 The Mission State BK & TR Co. Mission, KS $86.4M Mission Bank
Jun 28, 1980 City & County BK of Campbell CTY Jellico, TN $39.8M City&county BK Anderson
Jun 4, 1980 The Citizens State Bank Viola, KS $2.0M —
Feb 16, 1980 Mohawk BK & TR Co. Greenfield, MA $5.9M Baybank 1st Easthampton
Feb 12, 1980 First National BK of Carrington Carrington, ND $12.4M —
Jan 11, 1980 Bank of Lake Helen Lake Helen, FL $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 St Acquirer
Oct 28, 1980 Community Savings and Loan Association WA Capital Savings Bank, Federal Association
Oct 24, 1980 Sun Bank of Broward County FL Suntrust Bank, South Florida, N.A.
Oct 24, 1980 Sun Bank of Lauderdale Beach FL Suntrust Bank, South Florida, N.A.
Oct 20, 1980 Edgecombe Bank & Trust Company NC Truist Bank
Oct 16, 1980 Neponset Valley Bank and Trust Company MA USTrust
Oct 16, 1980 Sun First National Bank of Dunedin FL Sun Bank/Suncoast, National Association
Oct 14, 1980 The Danbury Bank and Trust Company CT The Connecticut Bank and Trust Company, N.A.
Oct 9, 1980 Flower Hospital Employee Federal Credit Union OH Co-Op Toledo Credit Union, Inc.
Oct 8, 1980 Linnea Savings and Loan Association IA Scandia Savings and Loan Association
Oct 6, 1980 Everett Police Credit Union MA Everett Credit Union
Oct 4, 1980 Twin Falls City Employees Credit Union ID Magic Valley Federal Credit Union
Oct 3, 1980 First National Bank of Waynesboro MS Great Southern Bank
Oct 2, 1980 Garwood Savings and Loan Association NJ Arch Federal Savings and Loan Association
Oct 1, 1980 North Penn Savings Association PA Pennview Savings Bank
Oct 1, 1980 North Charleston Savings & Loan Association SC Security Federal Savings, Federal Savings Bank
Oct 1, 1980 Guaranty Savings and Loan Association IL Great American Savings and Loan, Federal Association
Oct 1, 1980 Bond Hill Building Company OH First Ohio Savings Bank, F.S.B.
Oct 1, 1980 Mount Joy Building & Loan Association PA First Federal Savings & Loan Association of Lancaster
Oct 1, 1980 Skaggs-Stone Employees Credit Union CA McKesson Employees Federal Credit Union
Oct 1, 1980 Wichita Valley Educ Cu TX Wichita Falls Teachers Federal Credit Union
Oct 1, 1980 Mid-Cal National Bank CA Bank of Stockton
Oct 1, 1980 Union Savings & Loan Association KY Horizon Financial, F.A.
Oct 1, 1980 American FS&LA GA Georgia Federal Bank, FSB
Oct 1, 1980 Nacho Federal Credit Union WV First Choice America Community Federal Credit Union
Oct 1, 1980 Long Island Bank NY Long Island Trust Company, National Association
Oct 1, 1980 Uiu 65 Federal Credit Union OR Oregonians Credit Union
Oct 1, 1980 First Federal Savings and Loan Association of Pewaukee WI Badger Bank, S.S.B.
Oct 1, 1980 First Federal Savings and Loan Association of Niles MI Standard Federal Bank
Oct 1, 1980 Pennview S&LA PA Pennview Savings Bank
Oct 1, 1980 Sacred Heart Building and Loan Association MD The Bank of Baltimore
Oct 1, 1980 Peoples National Bank NC The Carolina Bank
Oct 1, 1980 Lakeland Savings & Loan Association WI Community Savings and Loan Association
Oct 1, 1980 International Trust Corporation CA CNA Trust Corporation
Oct 1, 1980 Treasure Valley State Bank ID Treasure Valley Bank
Oct 1, 1980 I M P C O Federal Credit Union CA Sun Community Federal Credit Union
Oct 1, 1980 Wayne Federal Savings and Loan Association NE Midwest Federal Savings and Loan Association
Oct 1, 1980 American Federal Savings and Loan Association DC Perpetual American Federal Savings and Loan Association
Oct 1, 1980 Medical & Hospital Employees Credit Union WA Whatcom Educational Credit Union
Oct 1, 1980 General Savings Association KS Franklin Federal Savings Association
Oct 1, 1980 Community First Savings and Loan Association OR State Federal Savings and Loan Association
Oct 1, 1980 City Federal Savings and Loan Association WI Great American Savings Bank, FSB
Oct 1, 1980 Tower Grove Savings and Loan Association MO United Postal Savings Association
Sep 30, 1980 Big Timber Building & Loan Association MT Empire Bank
Sep 30, 1980 Hesston Credit Union KS Central Kansas Credit Union
Sep 30, 1980 Siskiyou Federal Savings and Loan Association CA Heart Federal Savings and Loan Association
Sep 30, 1980 Allstate Savings and Loan Association CA PNC Mortgage Bank, N.A.
Sep 30, 1980 Northeastern Bohemian Savings and Loan Association MD Madison Bank of Maryland
Sep 30, 1980 Cudahy Savings and Loan Association WI Security Bank, S.S.B.
Sep 30, 1980 Ohio Savings Association OH Amtrust Bank
Sep 29, 1980 The Solebury National Bank of New Hope PA Continental Bank

FDIC Open-Bank Assistance in 1980

Date Institution HQ Assets
Nov 1, 1980 Sioux City FS&LA Sioux City, IA $25.4M
Oct 14, 1980 First of Niles FS&LA Niles, MI $131.8M
Sep 1, 1980 Security S&LA Marion, IA $54.6M
Aug 1, 1980 University FS&LA Coral Gables, FL $235.4M
Jul 1, 1980 Mayflower FS&LA Providence, RI $24.0M
Jun 4, 1980 First Calumet City Savings Berwyn, IL $102.1M
May 1, 1980 Telegraph S&LA Chicago, IL $264.5M
May 1, 1980 Continental S&LA Gloucester City, NJ $74.9M
May 1, 1980 Carlsbad S&LA Carlsbad, NM $26.7M
Apr 28, 1980 First Pennsylvania BK, N.A. Philadelphia, PA $7.95B
Mar 1, 1980 Washington FS&LA University Heights, OH $376.4M
Feb 1, 1980 First S&LA Honolulu, HI $33.2M

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