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.

Failures

$239.3M in failed assets

353

Mergers

Federal Reserve NIC, banking organizations

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

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
Jan 1, 1980	American Mandarin Bank	FL	American State Bank
Jan 1, 1980	The Firelands Community Bank	OH	The Midwest Bank & Trust Company
Jan 1, 1980	Barnett Bank of Palm Beach County	FL	Barnett Bank of Palm Beach County

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

Browse adjacent years: 1979 · 1981

Or jump to a category: Failures · Mergers · Enforcement · Assistance