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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
Aug 1, 1980 The Farmers National Bank and Trust Company of Millheim PA Farmers Community Bank
Aug 1, 1980 Tuxedo Employees Credit Union OH Trupartner Credit Union, Inc.
Jul 31, 1980 United Oklahoma Company, a Business Trust OK United Oklahoma Bank
Jul 19, 1980 Bank of Everett WA Security Pacific Bank Washington, N.A.
Jul 2, 1980 Home Federal Savings & Loan Association OH First Federal Savings and Loan Association
Jul 1, 1980 Standard Savings & Loan Association OH County Savings Bank
Jul 1, 1980 First Federal Savings and Loan Association NE American Charter Federal Savings and Loan Association
Jul 1, 1980 First Federal Savings and Loan Association of Port Washington NY The Dime Savings Bank of New York, FSB
Jul 1, 1980 The State Bank of Fillmore NY First Trust Union Bank
Jul 1, 1980 Sierra Valley Federal Credit Union CA Sierra Central Credit Union
Jul 1, 1980 Barnett Bank of Port Charlotte, N. A. FL Barnett Bank of Southwest Florida, National Association
Jul 1, 1980 Tuscan S&LA MD (unnamed)
Jul 1, 1980 Century National Bank and Trust Company NY Extebank
Jul 1, 1980 First National Bank of Middletown OH First Financial Bank
Jul 1, 1980 Metallic Empl Cu TX Letourneau Federal Credit Union
Jul 1, 1980 Mayflower Savings & Loan Association RI Bank of New England - Old Colony, National Association
Jul 1, 1980 The Savings and Loan Association of Newburgh, New York NY State Savings,fsb
Jul 1, 1980 Chula Vista Federal Savings and Loan Association CA Glendale Federal Bank, Federal Savings Bank
Jul 1, 1980 Attleboro Trust Company MA Durfee Attleboro Bank
Jul 1, 1980 Centennial Mills Federal Credit Union OR Gateway Credit Union
Jul 1, 1980 Baird Savings Association PA Home Unity Federal Savings and Loan Assc
Jul 1, 1980 Key Savings & Loan Association PA East Girard Savings Association
Jun 30, 1980 Kimberly Savings and Loan Association WI AnchorBank, FSB
Jun 30, 1980 Mutual Savings and Loan Association CO Columbia Savings, a, Federal Savings and Loan Association
Jun 30, 1980 First Wyoming Savings and Loan Association WY Rocky Mountain Bank, F.S.B.
Jun 30, 1980 Holdrege Savings and Loan Association NE Commercial Federal Bank, a Federal Savings Bank
Jun 30, 1980 The Union Savings Bank of Bellaire, Ohio OH Bank One, Wheeling-Steubenville, National Association
Jun 30, 1980 Evanston Federal Savings and Loan Association IL Citibank, Federal Savings Bank
Jun 28, 1980 The Valley National Bank, Wallkill, New York NY Key Bank of Southeastern New York National Association
Jun 28, 1980 The Homer National Bank NY Key Bank of Central New York, National Association
Jun 27, 1980 Higginsville Savings and Loan Association MO North American Savings Bank, FSB
Jun 24, 1980 Ramjet Credit Union UT Goldenwest Federal Credit Union
Jun 24, 1980 Redding City Employees Federal Credit Union CA Sierra Central Credit Union
Jun 23, 1980 Commonwealth Bank of Metuchen NJ First National Bank of New Jersey
Jun 16, 1980 Potomac Savings and Loan of Reston VA Family Federal Savings and Loan Association
Jun 16, 1980 MHMR Cu TX Pecu
Jun 16, 1980 Fort Wayne Transit Employees Federal Credit Union IN City Trust Federal Credit Union
Jun 13, 1980 Southeast Bank of Westshore FL Southeast Bank of Tampa
Jun 6, 1980 West Coast Federal Savings and Loan Association CA Glendale Federal Bank, Federal Savings Bank
Jun 3, 1980 Bank of Amory MS Renasant Bank
Jun 2, 1980 Baldwyn State Bank MS Union Planters Bank of Mississippi
Jun 2, 1980 Boyertown Savings & Loan Association PA Great Valley Savings Bank
Jun 2, 1980 Mexican American National Bank CA Busa Servicing, LLC
Jun 2, 1980 Pomeroy National Bank OH (unnamed)
Jun 1, 1980 11th Coast Guard District Federal Credit Union CA Sea West Coast Guard Federal Credit Union
Jun 1, 1980 Fidelity FS&LA AL Altus Federal Savings Bank
Jun 1, 1980 Fce Cu of Houston Cu TX US Employees Credit Union
Jun 1, 1980 Security Federal Savings and Loan Association of Newport KY Fifth Third Savings Bank of Northern Kentucky, F.S.B.
Jun 1, 1980 Treasury Empl Cu of Houston TX US Employees Credit Union
Jun 1, 1980 Comfort Credit Union MO Arch Community Credit Union

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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