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 |
|---|---|---|
| May 31, 1980 | Citizens Building & Loan Association | Civic Federal Savings Bank |
| May 31, 1980 | First Federal Savings and Loan Association of Oglesby | Champion Federal Savings and Loan Association |
| May 30, 1980 | Chicago A-M Employees Credit Union | Meadows Credit Union |
| May 30, 1980 | The Polk State Bank | National City Bank of Ashland |
| May 20, 1980 | First Investment ADVISORS,INC. | Louisiana Banc One Corporation |
| May 20, 1980 | N G P L Employees Credit Union | I. H. Mississippi Valley Credit Union |
| May 12, 1980 | Security Bank of Hernando | Cadence Bank |
| May 10, 1980 | AmeriTrust Company of Lorain County | AmeriTrust Company National Association |
| May 10, 1980 | AmeriTrust Company of Franklin County | AmeriTrust Company National Association |
| May 10, 1980 | AmeriTrust Company of Lake County | AmeriTrust Company National Association |
| May 10, 1980 | Franklin Bank | Northeastern Bank |
| May 9, 1980 | Martin Senour Employees Credit Union | Sherwin Williams Employees Credit Union |
| May 2, 1980 | First Bankcard Inc. | First National Bank of Commerce |
| May 1, 1980 | Continental Savings & Loan Association | Collective Bank |
| May 1, 1980 | Abaco Credit Union Inc | Trupartner Credit Union, Inc. |
| May 1, 1980 | The Ft. Recovery Banking Company | Second National Bank |
| May 1, 1980 | Branch County Bank | Century Bank and Trust |
| May 1, 1980 | Savings and Loan Association of Auburn | Onbank |
| May 1, 1980 | Akron Savings & Loan Company | Transohio Federal Savings Bank |
| May 1, 1980 | American FS&LA | Jefferson Federal Savings and Loan Association, F. A. |
| May 1, 1980 | United Savings Association | Transohio Federal Savings Bank |
| May 1, 1980 | (unnamed) | Pan American Bank of Broward |
| Apr 30, 1980 | Social Workers and Nurses Credit Union | Public Service Credit Union |
| Apr 30, 1980 | GMC Downingtown Federal Credit Union | American Heritage Federal Credit Union |
| Apr 24, 1980 | Boonsboro Bank of Boonsboro, Maryland | Hagerstown Trust Company |
| Apr 21, 1980 | Westab Employees Credit Union | Advia Credit Union |
| Apr 21, 1980 | Hartford Plaza Bank | LaSalle National Bank |
| Apr 19, 1980 | The American Properties Company | The American Company |
| Apr 18, 1980 | Abcd Co-Op Credit Union | Trupartner Credit Union, Inc. |
| Apr 12, 1980 | Tri Parish Credit Union | Catholic Family Credit Union |
| Apr 11, 1980 | T C Municipal Federal Credit Union | 4FRONT Credit Union |
| Apr 2, 1980 | The First National Bank of Shippensburg | The Commonwealth National Bank |
| Apr 1, 1980 | Tri County Savings & Loan-Hudson | First Federal Capital Bank |
| Apr 1, 1980 | Postal of Pasadena California Credit Union | The San Gabriel Valley Postal Credit Union |
| Apr 1, 1980 | The Merchants and Manufacturers National Bank of Sharon | Mellon Bank (North) National Association |
| Apr 1, 1980 | Mountain State Federal Credit Union | First Choice America Community Federal Credit Union |
| Apr 1, 1980 | First Farmington Savings and Loan Association | D&N Bank |
| Apr 1, 1980 | Northwest Baptist Federal Credit Union | Adelfi Credit Union dba Christian Community Credit Union |
| Apr 1, 1980 | Vivian State Bank | Bankwest, Incorporated |
| Apr 1, 1980 | Citizens Building and Loan Association | Columbia Savings Association, F.A. |
| Apr 1, 1980 | Bepco Cu | First Central Credit Union |
| Apr 1, 1980 | Badlands State Bank | Bankwest, Incorporated |
| Mar 31, 1980 | The Bank of Eden | The Northwestern Bank |
| Mar 31, 1980 | (unnamed) | Signet Bank |
| Mar 31, 1980 | Sears Bay Area Federal Credit Union | South Western Federal Credit Union |
| Mar 31, 1980 | Cumberland County Employees Credit Union | Maine State Credit Union |
| Mar 31, 1980 | Inyo-Mono National Bank | (unnamed) |
| Mar 30, 1980 | The Farmers and Merchants Bank | The Huntington National Bank |
| Mar 28, 1980 | (unnamed) | Commonwealth Bank |
| Mar 22, 1980 | American Commercial Bank | First Interstate Bank of Washington, National Association |
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
Or jump to a category: Failures · Mergers · Enforcement · Assistance