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Calendar Year

1981 in US Banking

743 bank events are on record for 1981: 9 failures, 703 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.

9
Failures
$1.38B in failed assets
703
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
31
Assistance
FDIC open-bank assistance

Jump to: Bank failures 1981 · Bank mergers 1981

How many banks failed in 1981?

9 banks failed in 1981, with $1.38B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Oct 30, 1981 Midtown National Bank Pueblo, CO $10.6M First Co Bank of Pueblo
Oct 23, 1981 High Lakes Community Bank La Pine, OR $3.7M Prineville Bank
Sep 25, 1981 Southwestern Bank Tucson, AZ $5.3M —
Sep 8, 1981 First FS&LA of Rochester Rochester, NY $1.20B First FS&LA of Rochester
Jun 19, 1981 Northwest Commerce Bank North Bend, OR $6.7M Citizens Bank of North B
May 18, 1981 Economy S&LA Chicago, IL $73.9M —
Mar 17, 1981 Peoples Banking Company Boston, GA $8.4M Commercial Bank
Mar 14, 1981 The Des Plaines Bank Des Plaines, IL $46.5M —
Mar 14, 1981 South Side Bank Chicago, IL $27.5M Drexel National Bank

Which banks merged in 1981?

703 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1981.

See the fuller list: Bank mergers 1981 with largest deals and credit union mergers ›

Date Acquired St Acquirer
Dec 31, 1981 Carolina First National Bank NC Bank of America, N.A.
Dec 31, 1981 Central Realty of Owensboro, Inc. KY Central Bank & Trust Company, Owensboro, Kentucky
Dec 31, 1981 Griffin Computer Services, Inc. NY Security New York State Corporation
Dec 31, 1981 Uniserv Northeast Federal Credit Union IN Profed Federal Credit Union
Dec 31, 1981 The First State Bank of Miami FL Barnett Bank of South Florida, National Association
Dec 31, 1981 Southeast Bank FL Southeast Bank, N.A.
Dec 31, 1981 Canyon Savings and Loan Association AZ Southwest Savings and Loan Association, Federal Association
Dec 31, 1981 The Citizens and Southern Bank of Gwinnett GA NationsBank, National Association (South)
Dec 31, 1981 Bellevue Commercial & Savings Bank KY The Fifth Third Bank of Campbell County, National Association
Dec 31, 1981 Southeast Banks Trust Company, N.A. FL Southeast Bank, N.A.
Dec 31, 1981 Southeast Bank of Fort Myers, National Association FL Southeast Bank, N.A.
Dec 31, 1981 (unnamed) — BBVA USA
Dec 31, 1981 Southeast Bank of Indian River FL Southeast Bank, N.A.
Dec 31, 1981 First Federal Savings and Loan Association CA California Federal Bank, a Federal Savings Bank
Dec 31, 1981 Southeast First National Bank of Sarasota FL Southeast Bank, N.A.
Dec 31, 1981 Southeast Bank of Pinellas FL Southeast Bank, N.A.
Dec 31, 1981 Mount Vernon Savings and Loan Association IL American Savings Bank
Dec 31, 1981 (unnamed) — BBVA USA
Dec 31, 1981 The First National Bank of Albemarle NC Wachovia Bank, N.A.
Dec 31, 1981 Southeast Bank of Pasco FL Southeast Bank, N.A.
Dec 31, 1981 Southeast National Bank of Orlando FL Southeast Bank, N.A.
Dec 31, 1981 Southeast Bank of Wildwood FL Southeast Bank, N.A.
Dec 31, 1981 Southeast Bank of Brevard FL Southeast Bank, N.A.
Dec 31, 1981 Central Bank of Uniontown AL BBVA USA
Dec 31, 1981 Southeast Bank of Volusia FL Southeast Bank, N.A.
Dec 31, 1981 Mohave Savings and Loan Association AZ Merabank Federal Savings Bank
Dec 31, 1981 Southeast Bank of Orange Park FL Southeast Bank, N.A.
Dec 31, 1981 Southeast National Bank of Bradenton FL Southeast Bank, N.A.
Dec 31, 1981 Southeast Bank of Tampa FL Southeast Bank, N.A.
Dec 31, 1981 Central Bank of Tuscaloosa, National Association AL BBVA USA
Dec 31, 1981 Central Bank of Walker County AL BBVA USA
Dec 31, 1981 The Citizens and Southern Bank of Cobb County GA NationsBank, National Association (South)
Dec 31, 1981 Central Bank of St. Clair County AL BBVA USA
Dec 31, 1981 Southeast Bank of Winter Haven FL Southeast Bank, N.A.
Dec 31, 1981 First FS&LA of Pickens Cou AL Phenix FS&LA F.A.
Dec 31, 1981 Southeast Bank of Jacksonville FL Southeast Bank, N.A.
Dec 31, 1981 Central Bank of Alabama, National Association AL BBVA USA
Dec 31, 1981 Southeast National Bank of Naples FL Southeast Bank, N.A.
Dec 31, 1981 Macungie Building & Loan Association PA Bally Savings Bank
Dec 31, 1981 The Citizens and Southern Bank of Clayton County GA NationsBank, National Association (South)
Dec 31, 1981 Southeast First National Bank of Fort Pierce FL Southeast Bank, N.A.
Dec 31, 1981 The Morrisville Bank PA Bucks County Bank and Trust Company
Dec 31, 1981 Liberty National Bank NJ Valley National Bank
Dec 31, 1981 The Citizens and Southern Bank of Henry County GA NationsBank, National Association (South)
Dec 31, 1981 Central Bank of Montgomery AL BBVA USA
Dec 31, 1981 Southeast Bank of Panama City FL Southeast Bank, N.A.
Dec 31, 1981 Alaska Coast Guard Federal Credit Union AK Global Federal Credit Union
Dec 31, 1981 Central Bank of Dothan, National Association AL BBVA USA
Dec 30, 1981 Northwest Savings and Loan Association OR Western Heritage Federal Savings and Loan Association
Dec 23, 1981 Family Savings and Loan Company NC Southeastern Federal Savings Bank

The list holds 500 of the 703 mergers recorded for 1981.

FDIC Open-Bank Assistance in 1981

Date Institution HQ Assets
Dec 18, 1981 Union Dime Savings Bank New York, NY $1.45B
Dec 17, 1981 Southern FS&LA of Broward County Pompano Beach, FL $615.4M
Dec 17, 1981 Hamiltonian FS&LA Ladue, MO $239.5M
Dec 17, 1981 Security FS&LA of Sikeston Sikeston, MO $84.5M
Dec 9, 1981 Boca Raton FS&LA Boca Raton, FL $275.8M
Dec 9, 1981 Mohawk S&LA Newark, NJ $91.1M
Dec 5, 1981 Palos S&LA Palos Heights, IL $98.0M
Dec 4, 1981 Central Savings Bank New York, NY $910.2M
Nov 30, 1981 Empire State FS&LA White Plains, NY $291.3M
Nov 30, 1981 Guaranty FS&LA Baton Rouge, LA $33.5M
Nov 20, 1981 Pan American, FS&LA Rio Piedras, PR $43.9M
Nov 20, 1981 First FS&LA of Puerto Rico Santurce, PR —
Nov 19, 1981 First FS&LA of Broward County Ft. Lauderdale, FL $2.55B
Nov 4, 1981 Greenwich Savings Bank New York, NY $2.48B
Oct 7, 1981 Reserve S&LA Elmhurst, IL $129.8M
Oct 2, 1981 Lafayette FS&LA Warson Woods, MO $416.5M
Sep 15, 1981 Perpetual S&LA Rapid City, SD $49.7M
Sep 8, 1981 West Side FS&LA New York, NY $2.50B
Sep 8, 1981 Washington FS&LA Miami Beach, FL $1.20B
Sep 8, 1981 Franklin Society FS&LA New York, NY $947.4M
Aug 9, 1981 County FS&LA Rockville, MD $144.1M
Jul 10, 1981 First Financial FS&LA Bellaire, TX $5.9M
Jul 1, 1981 First FS&LA of New Bern New Bern, NC $57.4M
Jun 21, 1981 Community FS&LA Washington, DC $22.9M
Jun 1, 1981 Financial Security S&LA Elk Grove Village, IL $63.8M
May 31, 1981 NY & Suburban FS&LA New York, NY $547.6M
May 9, 1981 Arctic FS&LA Fairbanks, AK $40.5M
Apr 30, 1981 Guardian FSB Northport, NY $125.9M
Feb 9, 1981 Franklin Sa Chicago, IL $97.6M
Feb 9, 1981 Security of Statesville Statesville, NC $15.7M
Jan 18, 1981 Home Sa Minneapolis, MN $686.4M

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