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 | Assets |
|---|---|---|
| Oct 30, 1981 | Midtown National Bank | $10.6M |
| Oct 23, 1981 | High Lakes Community Bank | $3.7M |
| Sep 25, 1981 | Southwestern Bank | $5.3M |
| Sep 8, 1981 | First FS&LA of Rochester | $1.20B |
| Jun 19, 1981 | Northwest Commerce Bank | $6.7M |
| May 18, 1981 | Economy S&LA | $73.9M |
| Mar 17, 1981 | Peoples Banking Company | $8.4M |
| Mar 14, 1981 | The Des Plaines Bank | $46.5M |
| Mar 14, 1981 | South Side Bank | $27.5M |
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 | Acquirer |
|---|---|---|
| Dec 23, 1981 | T G Bancshares Co. | TG Bancshares Co. |
| Dec 19, 1981 | Peoples Bank of South Jersey | Citizens United Bank, National Association |
| Dec 19, 1981 | Southern Federal Savings and Loan Association | Home Savings of America, FSB |
| Dec 19, 1981 | Long Beach General Hospital Federal Credit Union | Harbor Federal Credit Union |
| Dec 19, 1981 | Security Federal Savings and Loan Association of Sikeston | Home Savings of America, FSB |
| Dec 19, 1981 | Hamiltonian Federal Savings and Loan Association | Home Savings of America, FSB |
| Dec 16, 1981 | Citizens Building and Loan Association of North Vernon | Indiana Bank and Trust Company |
| Dec 16, 1981 | Bank of Coral Springs | Southeast Bank |
| Dec 15, 1981 | Commercial & Savings Bank | First-Citizens Bank & Trust Company |
| Dec 15, 1981 | Commercial & Farmers Bank | First-Citizens Bank & Trust Company |
| Dec 15, 1981 | Brooklyn Savings Bank | CrossLand Federal Savings Bank |
| Dec 13, 1981 | Fred Meyer Savings and Loan Association | American Savings and Loan Association, a Federal Savings and Loan Association |
| Dec 12, 1981 | (unnamed) | The Sumitomo Bank of California |
| Dec 11, 1981 | Blue Grass Federal Savings and Loan Association | Magnet Bank, Federal Savings Bank |
| Dec 11, 1981 | Zions First National Bank of Orem | Zions Bancorporation, N.A. |
| Dec 11, 1981 | Guaranty FS&LA of Calhoun | City FS&LA |
| Dec 11, 1981 | The Washington State Bank | U.S. Bank of Washington, National Association |
| Dec 11, 1981 | Zions First National Bank of Cedar City | Zions Bancorporation, N.A. |
| Dec 10, 1981 | Boca Raton Federal Savings and Loan Association | City Savings, F.S.B. |
| Dec 10, 1981 | Mohawk Savings and Loan Association | City Savings, F.S.B. |
| Dec 10, 1981 | Aurora College Credit Union | Kane County Teachers Credit Union |
| Dec 7, 1981 | Carrollwood State Bank | Barnett Bank of Tampa |
| Dec 6, 1981 | Palos Savings and Loan Association | Hyde Park Federal Savings and Loan Association of Chicago |
| Dec 1, 1981 | First Security Bank of Richfield, National Association | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | Waukesha Savings and Loan Association | First State Savings of Wisconsin |
| Dec 1, 1981 | Guaranty FS&LA | Pelican HMSTD & Sa |
| Dec 1, 1981 | First Security State Bank of Twelfth Street | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | First Security State Bank of Ogden | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | First Security State Bank of Kaysville | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | Catalina Savings and Loan Association | Southwest Savings and Loan Association, Federal Association |
| Dec 1, 1981 | Eastview Savings and Loan Association | Augusta Federal Savings Association |
| Dec 1, 1981 | Pendleton Savings and Loan Association | First Indiana Bank, National Association |
| Dec 1, 1981 | First Security State Bank of Helper | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | First Security State Bank of American Fork | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | Heritage Federal Savings and Loan Association of Kansas City | First Federal Bank of Kansas City |
| Dec 1, 1981 | People's Bank and Trust | OmniBank |
| Dec 1, 1981 | Napa Federal Savings and Loan Association | San Francisco Federal Savings and Loan Association |
| Dec 1, 1981 | Mountain Federal Savings and Loan Association | Brevard Federal Savings and Loan Association |
| Dec 1, 1981 | Tempe City Employees Federal Credit Union | Arizona Financial Credit Union |
| Dec 1, 1981 | Republic Savings & Loan Association | University Federal Savings Association |
| Dec 1, 1981 | Peoples Federal Savings and Loan Association | Permanent Bank |
| Dec 1, 1981 | Eastern Shore Savings and Loan Association | John Hanson Federal Savings Bank |
| Dec 1, 1981 | Greene County Public Employees Credit Union | Countywide Federal Credit Union |
| Dec 1, 1981 | First Security Bank of Orem, National Association | Wells Fargo Trust Company, N.A. |
| Dec 1, 1981 | Cascade Federal Savings and Loan Association | Far West Federal Savings Bank |
| Nov 30, 1981 | First Safe Deposit Co. | The First National Bank & Trust Company of Beatrice |
| Nov 30, 1981 | The Farmers and Merchants National Bank of Cambridge | Allfirst Bank |
| Nov 30, 1981 | Empire State Federal Savings and Loan Association | Erie Savings Bank |
| Nov 24, 1981 | Villa Grove Building and Loan Association | Gibson Federal Savings and Loan Association |
| Nov 23, 1981 | Westport National Bank | (unnamed) |
The list holds 500 of the 703 mergers recorded for 1981.
FDIC Open-Bank Assistance in 1981
| Date | Institution | Assets |
|---|---|---|
| Dec 18, 1981 | Union Dime Savings Bank | $1.45B |
| Dec 17, 1981 | Southern FS&LA of Broward County | $615.4M |
| Dec 17, 1981 | Hamiltonian FS&LA | $239.5M |
| Dec 17, 1981 | Security FS&LA of Sikeston | $84.5M |
| Dec 9, 1981 | Boca Raton FS&LA | $275.8M |
| Dec 9, 1981 | Mohawk S&LA | $91.1M |
| Dec 5, 1981 | Palos S&LA | $98.0M |
| Dec 4, 1981 | Central Savings Bank | $910.2M |
| Nov 30, 1981 | Empire State FS&LA | $291.3M |
| Nov 30, 1981 | Guaranty FS&LA | $33.5M |
| Nov 20, 1981 | Pan American, FS&LA | $43.9M |
| Nov 20, 1981 | First FS&LA of Puerto Rico | — |
| Nov 19, 1981 | First FS&LA of Broward County | $2.55B |
| Nov 4, 1981 | Greenwich Savings Bank | $2.48B |
| Oct 7, 1981 | Reserve S&LA | $129.8M |
| Oct 2, 1981 | Lafayette FS&LA | $416.5M |
| Sep 15, 1981 | Perpetual S&LA | $49.7M |
| Sep 8, 1981 | West Side FS&LA | $2.50B |
| Sep 8, 1981 | Washington FS&LA | $1.20B |
| Sep 8, 1981 | Franklin Society FS&LA | $947.4M |
| Aug 9, 1981 | County FS&LA | $144.1M |
| Jul 10, 1981 | First Financial FS&LA | $5.9M |
| Jul 1, 1981 | First FS&LA of New Bern | $57.4M |
| Jun 21, 1981 | Community FS&LA | $22.9M |
| Jun 1, 1981 | Financial Security S&LA | $63.8M |
| May 31, 1981 | NY & Suburban FS&LA | $547.6M |
| May 9, 1981 | Arctic FS&LA | $40.5M |
| Apr 30, 1981 | Guardian FSB | $125.9M |
| Feb 9, 1981 | Franklin Sa | $97.6M |
| Feb 9, 1981 | Security of Statesville | $15.7M |
| Jan 18, 1981 | Home Sa | $686.4M |
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