Calendar Year
1982 in US Banking
1,313 bank events are on record for 1982: 34 failures, 1,194 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
34
Failures
$4.65B in failed assets
1,194
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
85
Assistance
FDIC open-bank assistance
Jump to: Bank failures 1982 · Bank mergers 1982
How many banks failed in 1982?
34 banks failed in 1982, with $4.65B in assets. Each failure below links to its own page.
Which banks merged in 1982?
1,194 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1982.
See the fuller list: Bank mergers 1982 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Dec 1, 1982 | Meyercord Employees Credit Union | Dupage Credit Union |
| Dec 1, 1982 | Royalchrome Federal Credit Union | Members Advantage Credit Union |
| Dec 1, 1982 | Torrington Employees Federal Credit Union | Notre Dame Federal Credit Union |
| Dec 1, 1982 | Sandia Federal Savings and Loan Association Central | Sandia Federal Savings Association |
| Dec 1, 1982 | Miami County Farm Bureau Credit Union | Beacon Credit Union |
| Dec 1, 1982 | Cedar Falls Savings and Loan Association | American Federal Savings Association of Iowa |
| Dec 1, 1982 | Liberty Savings and Loan Association | First Federal Savings and Loan Association |
| Dec 1, 1982 | Harford-Gunpowder Savings and Loan Association | John Hanson Federal Savings Bank |
| Dec 1, 1982 | The Bank of Florence | Bank Independent |
| Dec 1, 1982 | Sandia Federal Savings and Loan Association | Sandia Federal Savings Association |
| Dec 1, 1982 | Lincoln-Douglas Savings and Loan Association | Fidelity Federal Savings Association |
| Dec 1, 1982 | Texas Savings & Loan Association | Briercroft Savings & Loan Association |
| Dec 1, 1982 | Ohio State Federal Savings and Loan Association | Citizens Federal Bank, F.S.B., a Federal Savings Bank |
| Dec 1, 1982 | Wisconsin Marine Bank | Bank One, Wisconsin |
| Dec 1, 1982 | Sandia Federal Savings and Loan Association-West | Sandia Federal Savings Association |
| Dec 1, 1982 | The Valley Trust Company of Palmyra, Pa. | Meridian Bank |
| Dec 1, 1982 | Mount Edgecumbe Federal Credit Union | Global Federal Credit Union |
| Dec 1, 1982 | (unnamed) | The Chase Manhattan Bank (National Association) |
| Dec 1, 1982 | Jamaica Plain Co-Operative Bank | Greater Boston Bank A Co-operative Bank |
| Dec 1, 1982 | O F O M C Employees Credit Union | Central Credit Union of Illinois |
| Dec 1, 1982 | The People's National Bank of Georgetown | The National Bank and Trust Company |
| Dec 1, 1982 | Overlook Savings and Loan Association | Centennial Bank |
| Dec 1, 1982 | Woodward Wight Empl Fcu | Louisiana Central Credit Union |
| Dec 1, 1982 | Heartland FS&LA | FloridaFirst Bank |
| Dec 1, 1982 | Continental Can Corrugated Fcu | Louisiana Central Credit Union |
| Dec 1, 1982 | Rice Lake Savings & Loan Association | Monycor Federal Savings Bank |
| Dec 1, 1982 | Brandon State Bank | Sun Bank/Hillsborough |
| Dec 1, 1982 | Washington Federal Savings and Loan Association of Tazewell | BankPlus, FSB |
| Nov 29, 1982 | Pennsylvania Medical Society Credit Union | Pennsylvania Central Federal Credit Union |
| Nov 27, 1982 | The Farmers National Bank of Watsontown | Commonwealth Bank |
| Nov 27, 1982 | City of Pinellas Park Empl C | Achieva Credit Union |
| Nov 23, 1982 | Gulfstream National Bank | NationsBank of Florida, National Association |
| Nov 22, 1982 | Coast Federal Savings and Loan Association | Coast Federal Bank, FSB |
| Nov 22, 1982 | Carolina Federal Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Nov 22, 1982 | Gonzales County Savings & Loan Association | Delta Savings of Texas |
| Nov 22, 1982 | First Virginia Bank - Bland County | First Virginia Bank of the Southwest |
| Nov 21, 1982 | Cary Grove Federal Savings and Loan Association | Northern Federal Savings Bank |
| Nov 20, 1982 | First FS&LA | Magnolia Federal Bank for Savings |
| Nov 19, 1982 | Central Fidelity Bank, Charlottesville | Central Fidelity Bank, N.A. |
| Nov 19, 1982 | Brookhaven Employees Federal Credit Union | Teachers Federal Credit Union |
| Nov 16, 1982 | South Shore Federal Savings and Loan Association | Empire of America FSB |
| Nov 16, 1982 | L R Employees Federal Credit Union | A B D Federal Credit Union |
| Nov 16, 1982 | Oyaron Hill Federal Credit Union | Chen-Del-O Federal Credit Union |
| Nov 16, 1982 | Empire of America Fsa-Hempstead | Empire of America FSB |
| Nov 15, 1982 | Cooperative Credit Union | Astera Credit Union dba Astera Investment Services |
| Nov 15, 1982 | Hunterdon County Trust Company | United Trust Bank |
| Nov 14, 1982 | Lincoln Square Savings and Loan Association | Horizon Savings Bank, Federal Savings Bank |
| Nov 14, 1982 | Evergreen Federal Savings and Loan Association | Horizon Savings Bank, Federal Savings Bank |
| Nov 14, 1982 | Guaranty Federal Savings and Loan Association | Horizon Savings Bank, Federal Savings Bank |
| Nov 13, 1982 | Farmers Bank of Mathews | NationsBank, National Association |
The list holds 500 of the 1,194 mergers recorded for 1982.
FDIC Open-Bank Assistance in 1982
| Date | Institution | Assets |
|---|---|---|
| Jul 15, 1982 | Tri-Lakes FS&LA | $13.9M |
| Jun 10, 1982 | Fidelity FS&LA | $63.0M |
| Jun 1, 1982 | Montebello FS&LA | $36.3M |
| May 31, 1982 | United FS&LA | $172.4M |
| Apr 15, 1982 | County FS&LA | $1.41B |
| Apr 15, 1982 | Suffolk County FS&LA | $1.11B |
| Apr 3, 1982 | First FS&LA of Chicago | $3.53B |
| Apr 3, 1982 | First Financial, S&LA | $633.9M |
| Apr 2, 1982 | The Western Saving Fund Society of Philade | $2.13B |
| Apr 1, 1982 | Fidelity S&LA | $2.91B |
| Mar 26, 1982 | The New York BK for Savings | $3.50B |
| Mar 15, 1982 | Hartford FS&LA | $377.7M |
| Mar 11, 1982 | Fidelity Mutual Savings Bank | $695.5M |
| Mar 11, 1982 | United States BK of Newark, N.J. | $688.5M |
| Mar 9, 1982 | Knickerbocker FS&LA | $528.8M |
| Mar 9, 1982 | Ninth Federal Savings | $477.5M |
| Mar 8, 1982 | Morgan Park S&LA | $2.3M |
| Feb 20, 1982 | North West, FS&LA | $1.28B |
| Feb 20, 1982 | Farmers & Mechanics Savings Bank of Minnea | $1.01B |
| Feb 20, 1982 | Unity, Sa | $987.4M |
| Feb 20, 1982 | Alliance, S&LA | $280.7M |
| Feb 5, 1982 | United FS&LA of Broward County | $672.4M |
| Feb 5, 1982 | Peach State FS&LA | $115.9M |
| Feb 5, 1982 | Guaranty FS&LA | $34.8M |
| Feb 5, 1982 | Central Illinois B&HA | $29.3M |
| Feb 5, 1982 | First FS&LA of Sylvania | $17.5M |
| Feb 1, 1982 | Inglewood FS&LA | $7.7M |
| Jan 25, 1982 | First S&LA of New Brunswick | $405.8M |
| Jan 15, 1982 | The Western New York Savings BK | $1.03B |
| Jan 15, 1982 | Hyde Park FS&LA | $308.5M |
| Jan 15, 1982 | Republic of Texas Sa | $257.6M |
| Jan 15, 1982 | Royal FS&LA | $167.6M |
| Jan 15, 1982 | Buffalo S&LA | $155.3M |
| Jan 15, 1982 | Civic S&LA | $36.8M |
| Jan 15, 1982 | El Centro FS&LA | $11.2M |
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