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 |
|---|---|---|
| Sep 26, 1980 | Heinz Lake City Federal Credit Union | Lake Erie Community Federal Credit Union |
| Sep 25, 1980 | Louisville Icrr Employees Credit Union | Signet Federal Credit Union |
| Sep 25, 1980 | Council 30 Credit Union | Motor City Co-Op Credit Union |
| Sep 25, 1980 | Billboard Employees Credit Union | Communicating Arts Credit Union, Inc. |
| Sep 20, 1980 | The First National Bank of Harrison | KeyBank N.A. |
| Sep 20, 1980 | South Side National Bank | First Eastern Bank, National Association |
| Sep 20, 1980 | North Scranton Bank and Trust Company | First Eastern Bank, National Association |
| Sep 16, 1980 | Marion FS&LA | Phenix FS&LA F.A. |
| Sep 12, 1980 | F M C-E E D Employees Federal Credit Union | Dupage Credit Union |
| Sep 11, 1980 | Empire National Bank | The Bank of New York Mellon |
| Sep 10, 1980 | Sullivan Chevrolet Credit Union | Central Illinois Credit Union |
| Sep 8, 1980 | Tiffin Valley National Bank | First National Bank Northwest Ohio |
| Sep 3, 1980 | Interamerican Bank of Miami | The Bank of Miami |
| Sep 3, 1980 | Galveston County Employee Credit Union | Galveston Government Employees Credit Union |
| Sep 3, 1980 | Gal Tran & Bus Lines Employee Credit Union | Coastal Community Federal Credit Union |
| Sep 2, 1980 | Crestwood Bank Shares Corporation | Metro Bancholding Corporation |
| Sep 2, 1980 | Americana Federal Savings and Loan Association of Chicago | North West Federal Savings and Loan Association of Chicago |
| Sep 2, 1980 | South St. Louis Investment Company | South St. Louis Investment/Contract Leasing Corp |
| Sep 2, 1980 | Bank of Middletown | First Bank of Montgomery County |
| Sep 2, 1980 | Hampton Bankshares Corporation | Metro Bancholding Corporation |
| Sep 1, 1980 | Security Savings and Loan Association | Amerus Bank |
| Sep 1, 1980 | First Security Savings and Loan Association Hot Springs | Firstsouth Federal Savings and Loan Association |
| Sep 1, 1980 | First FS&LA of Gadsden | Pioneer Federal Savings Bank |
| Sep 1, 1980 | Valley of Virginia Bankshares, Inc. | First Union Corporation of Virginia |
| Sep 1, 1980 | Bay Colony Federal Savings & Loan Association | Freedom Federal Savings & Loan |
| Sep 1, 1980 | Wilkes Savings and Loan Association | Surety Federal Savings and Loan Association, F.A. |
| Aug 29, 1980 | American Security Bank | Eldorado Bank |
| Aug 26, 1980 | The State Bank of New Jersey | The Midland Bank and Trust Company |
| Aug 20, 1980 | Concord Credit Union | New Hampshire Federal Credit Union |
| Aug 16, 1980 | Home State Bank | National Westminster Bank USA |
| Aug 15, 1980 | Keystone Bank | First Seneca Bank |
| Aug 15, 1980 | The Lewisburg National Bank | Northern Central Bank |
| Aug 14, 1980 | Represa Employees Credit Union | The Golden 1 Credit Union |
| Aug 12, 1980 | Delaware Valley Savings & Loan Association | Statewide Savings Bank, S.L.A. |
| Aug 8, 1980 | Columbia Bank, National Association | U.S. Bank of Washington, National Association |
| Aug 2, 1980 | Navarro Savings Association | Continental Savings, a Federal Savings & Loan Association |
| Aug 2, 1980 | Isb Financial Corporation | Comerica Incorporated |
| Aug 1, 1980 | The Dime Bank of Huntsville, Ohio | The Dime Bank of Northwest Ohio |
| Aug 1, 1980 | Heritage Bank, N.A. - Flushing | Heritage Bank |
| Aug 1, 1980 | Norris Savings & Loan Association | Progress Bank |
| Aug 1, 1980 | Penn Federal Savings & Loan Association of Philadelphia | Metropolitan Federal Savings & Loan of Eastern Pennsylvania |
| Aug 1, 1980 | Massillon Savings & Loan Company | First American Savings Bank, FSB |
| Aug 1, 1980 | Home Federal Savings & Loan Association | Future Federal Savings Bank |
| Aug 1, 1980 | United Oklahoma Insurance Agency, Inc. | United Oklahoma Bank |
| Aug 1, 1980 | Coronado Credit Union | Nusenda Federal Credit Union |
| Aug 1, 1980 | The Dime Bank of McClure | The Dime Bank of Northwest Ohio |
| Aug 1, 1980 | Port Salerno National Bank | Florida National Bank of Martin County |
| Aug 1, 1980 | McNeil Island Employees Federal Credit Union | Harborstone Credit Union |
| Aug 1, 1980 | The Farmers and Citizens Bank | The Central Trust Company |
| Aug 1, 1980 | The Beatitudes Federal Credit Union | Arizona Central Credit Union |
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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