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 |
|---|---|---|
| Nov 20, 1981 | Pan American Federal Savings and Loan Association of Puerto Rico | FirstBank Puerto Rico |
| Nov 20, 1981 | Randolph Savings & Loan Association | Vermont Federal Bank, FSB |
| Nov 20, 1981 | First Cobb Bankshares, Inc. | Georgia Bankshares, Inc. |
| Nov 20, 1981 | First Union Trust Company in Kansas City | Centerre Bank of Kansas City National Association |
| Nov 20, 1981 | Wasosa Credit Union | California Adventist Federal Credit Union |
| Nov 20, 1981 | Middlebury Co-Op S&LA | Vermont Federal Bank, FSB |
| Nov 19, 1981 | First Federal Savings and Loan Association of Broward Co | Glendale Federal Bank, Federal Savings Bank |
| Nov 18, 1981 | Bridesburg Perpetual Building & Loan Association | Pulaski Savings Bank |
| Nov 17, 1981 | Saint Benedict Parish Credit Union | Saint Gregory Parish Credit Union |
| Nov 16, 1981 | Belair Road Building and Loan Association | Madison Square Federal Savings Bank |
| Nov 16, 1981 | The Denton National Bank | Allfirst Bank |
| Nov 16, 1981 | Chicago State University Credit Union | Vicinity Credit Union |
| Nov 14, 1981 | Old Colony Bank and Trust Company | NationsBank, National Association |
| Nov 13, 1981 | State Savings and Loan Association | Anchor Federal Savings and Loan Association |
| Nov 12, 1981 | Forest Hill Permanent Association | The Forest Hill State Bank |
| Nov 12, 1981 | A B M C Employees Federal Credit Union | Healthcare Associates Credit Union |
| Nov 11, 1981 | Harco Employees Federal Credit Union | Alabama Central Credit Union |
| Nov 11, 1981 | Plainfield Savings and Loan Association | Amerifed Bank, FSB |
| Nov 2, 1981 | State Bank of Raritan Valley | Heritage Bank-North |
| Nov 2, 1981 | Home S&LA | Louisiana Savings Association, F.A. |
| Nov 2, 1981 | Home FS&LA | Georgia Federal Bank, FSB |
| Nov 2, 1981 | Northwest Tennessee Savings and Loan Association | Union Planters Bank, FSB |
| Nov 2, 1981 | First Federal Savings and Loan Association of Alabama | Guaranty FS&LA |
| Nov 2, 1981 | Barnett Bank of Seminole County, National Association | Barnett Bank of Central Florida, National Association |
| Nov 2, 1981 | Capital Savings and Loan Association | First Savings of Arkansas, F.A. |
| Nov 2, 1981 | Barnett Bank of Mount Dora | Barnett Bank of Lake County, National Association |
| Nov 2, 1981 | Central Federal Savings and Loan Association | Central Savings and Loan Association |
| Nov 2, 1981 | Barnett Bank of Brevard County, N.A. | Barnett Bank of Central Florida, National Association |
| Nov 1, 1981 | (unnamed) | Country Bank for Savings |
| Nov 1, 1981 | Utica Square National Building Corp. | Utica National Bank & Trust Company |
| Nov 1, 1981 | One O Five Federal Credit Union | Co-Op Toledo Credit Union, Inc. |
| Nov 1, 1981 | Westfield Savings and Loan Association | First Indiana Bank, National Association |
| Nov 1, 1981 | El Camino Savings and Loan Association | Bay View Bank, N.A. |
| Nov 1, 1981 | Home Savings and Loan Association | Shawnee Federal Savings and Loan Association |
| Nov 1, 1981 | Century Bank of Gulf Breeze | SunTrust Bank, Northwest, Florida |
| Nov 1, 1981 | First Savings Association of Dowagiac | Standard Federal Bank |
| Nov 1, 1981 | Home Federal Savings and Loan of Bishopville | Security Federal Savings, Federal Savings Bank |
| Nov 1, 1981 | First Federal Savings and Loan Association of Rochelle | First Federal Savings Bank, F.S.B. |
| Nov 1, 1981 | Price Brothers Employees Federal Credit Union | Triangle Credit Union, Inc. |
| Nov 1, 1981 | SF Police Post #456 Federal Credit Union | The Police Credit Union of California |
| Nov 1, 1981 | Frederick Avenue Building Association | John Hanson Federal Savings Bank |
| Nov 1, 1981 | Brown County Federal Savings and Loan Association | Railroadmen's Federal Savings and Loan Association of Indianapolis |
| Nov 1, 1981 | First National Bank of Catawba County | Wachovia Bank, N.A. |
| Nov 1, 1981 | Century National Bank of Santa Rosa | SunTrust Bank, Northwest, Florida |
| Nov 1, 1981 | Coast FS&LA | Magnolia Federal Bank for Savings |
| Nov 1, 1981 | Beach Guaranty Bank | SunTrust Bank, North Florida, National Association |
| Nov 1, 1981 | F.F.S. Federal Credit Union | Hawaii Federal Credit Union |
| Nov 1, 1981 | First FS&LA | AFB&T |
| Nov 1, 1981 | First Federal Savings and Loan Association of Dixon | First Federal Savings Bank, F.S.B. |
| Nov 1, 1981 | North Weymouth Co-Operative Bank | Coastal Heritage Bank |
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 |
Browse adjacent years: 1980 · 1982
Or jump to a category: Failures · Mergers · Enforcement · Assistance