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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.

Date Bank HQ Assets Acquirer or resolution
Dec 16, 1982 The Security State Bank Mooreland, OK $11.6M First STB of Mooreland
Dec 10, 1982 Bollinger County Bank Lutesville, MO $15.9M Security BK Bollinger CN
Nov 19, 1982 North Kansas Sa Beloit, KS $36.5M —
Nov 19, 1982 Ranchlander National Bank Melvin, TX $4.3M —
Nov 12, 1982 Bank of Quitman Quitman, AR $17.4M First NB of Cleburne Cou
Nov 5, 1982 The First National Bank of South Charlesto South Charleston, WV $28.6M Charleston National Bank
Nov 5, 1982 Texas BK of Amarillo Amarillo, TX $13.1M First Bank of Amarillo
Nov 2, 1982 Cedar Bluff Bank Cedar Bluff, AL $13.7M Union State Bank
Oct 8, 1982 Tri-State Bank Markham, IL $16.3M —
Sep 3, 1982 Hohenwald National Bank Hohenwald, TN $27.1M —
Aug 27, 1982 Western National Bank Santa Ana, CA $25.6M Commonwealth Bank
Aug 27, 1982 First Security Bank of North Arkansas Horseshoe, AR $14.1M Bank of Melbourne
Aug 27, 1982 Security BK & TR Company Cairo, IL $12.0M First Bank&trust Co
Aug 6, 1982 Mount Pleasant BK & TR Company Mount Pleasant, IA $29.4M Hawkeye Bank&trust
Jul 30, 1982 Unity BK & TR Company Boston, MA $12.8M Boston Bank of Commerce
Jul 27, 1982 The Bowie County State Bank Hooks, TX $14.4M First Bank&trust Hooks
Jul 27, 1982 Guaranty Bond State Bank Redwater, TX $14.1M First Bank&trust Redwate
Jul 5, 1982 Penn Square Bank, N.A. Oklahoma City, OK $436.5M —
Jul 2, 1982 The Belle-Bland Bank Bland, MO $4.3M Eagle Bank of Gasconade
Jun 25, 1982 Farmers State BK of Lewiston Lewiston, IL $30.9M Farmers STB of Fulton Co
Jun 23, 1982 Citizens Bank Tillar, AR $6.3M —
Jun 12, 1982 Banco Regional Bayamon, PR $21.4M Citibank N a
May 15, 1982 Community BK of Washtenaw Ypsilantai, MI $19.9M Michigan NB Ann Arbor
May 1, 1982 Coles County National Bank of Charleston Charleston, IL $26.8M Eagle Bank of Charleston
Apr 30, 1982 Carroll County Bank Huntington, TN $8.7M —
Apr 29, 1982 Pacific Coast Bank San Diego, CA $9.8M Commonwealth Bank
Apr 16, 1982 National Security Bank Tyler, TX $8.5M Bank of Tyler National a
Apr 3, 1982 Aquia BK & TR Company Stafford, VA $14.0M Peoples Bank of Danville
Apr 2, 1982 The First National BK in Humbold Humboldt, IA $55.4M Hawkeye Bank&trust
Mar 1, 1982 The Bank of Woodson Woodson, TX $3.9M —
Feb 20, 1982 Talman Home, FS&LA Chicago, IL $3.40B Talman Home, FS&LA
Feb 20, 1982 Bank of Yorkville Yorkville, TN $7.1M First-Citizens NB Dyersb
Feb 12, 1982 Metropolitan BK & TR Company Tampa, FL $267.4M Great American Bank of T
Feb 6, 1982 The First National Bank and Trust Company Tuscola, IL $22.1M First NB of Douglas Coun

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 St Acquirer
Oct 30, 1982 The First National Bank of Malden MA Malden Trust Company
Oct 30, 1982 The Connecticut National Bank CT Fleet National Bank
Oct 30, 1982 First Federal Savings and Loan Association of Medford OR Far West Federal Savings Bank
Oct 30, 1982 Aragon Savings and Loan Association OH First Clermont Bank
Oct 29, 1982 Laconia Federal Credit Union ME Ocean Communities Federal Credit Union
Oct 29, 1982 Ithaca College Federal Credit Union NY Beginnings Credit Union
Oct 29, 1982 Arrow-Hart Employees Federal Credit Union CT Franklin Trust Federal Credit Union
Oct 29, 1982 North Reading Municipal Employees Federal Credit Union MA Stoneham Municipal Employees Federal Credit Union
Oct 29, 1982 Corith Telephone Federal Credit Union NY Carey Poverello Federal Credit Union
Oct 28, 1982 Tri-County Educational Employees Federal Credit Union NY Northern Federal Credit Union
Oct 27, 1982 Minnehaha County Teachers Federal Credit Union SD Bluestone Federal Credit Union
Oct 25, 1982 Wilmington Piledrivers Credit Union CA I.L.W.U. Federal Credit Union
Oct 25, 1982 First National Bank of Fries VA NationsBank, National Association
Oct 25, 1982 Lincoln Centre Bank, N.A. TX MBank Lincoln Centre, National Association
Oct 23, 1982 Central Fidelity Bank, N.A., Culpeper VA Central Fidelity Bank, N.A.
Oct 22, 1982 Modern Savings & Loan Association TX Texas Western Federal Savings Association
Oct 22, 1982 Ross-Martin/Scott Rice Employees Federal Credit Union OK Oklahoma Central Credit Union
Oct 21, 1982 La Porte Bancorp, Inc. IN La Porte Bancorp
Oct 21, 1982 Metropolitan Federal Savings & Loan of Eastern Pennsylvania PA Atlantic Financial Savings, F.A.
Oct 20, 1982 Quint St Cu LA Barksdale Federal Credit Union
Oct 18, 1982 Marlboro Savings and Loan Association SC Security Federal Savings, Federal Savings Bank
Oct 18, 1982 First Federal Savings and Loan Association SC Security Federal Savings, Federal Savings Bank
Oct 16, 1982 General Telephone Federal Credit Union CA Wescom Central Credit Union
Oct 15, 1982 Union State Bank IN First United Bank, National Association
Oct 15, 1982 Dime Banking and La NY Anchor Savings Bank, FSB
Oct 15, 1982 G L S Employees Credit Union IL Tech Credit Union
Oct 14, 1982 First National Bank of Waterloo NY Community Bank, N.A.
Oct 14, 1982 Ellis First National Bank of Dade City FL Ellis National Bank of Central Florida
Oct 14, 1982 Midland Glass Employees Federal Credit Union IN Vigo County Federal Credit Union
Oct 12, 1982 Republic FS&LA LA Acadia Savings and Loan Association, Federal Savings Association
Oct 12, 1982 Firestone Albany Fcu GA Heritage Bank of the South
Oct 12, 1982 Walker County Bank AL The Colonial Bank of Alabama
Oct 12, 1982 First FS&LA of Acadia LA Acadia Savings and Loan Association, Federal Savings Association
Oct 11, 1982 B and B Employees Federal Credit Union IN Thrive Federal Credit Union
Oct 10, 1982 American Bank of Perry MI First of America Bank-Central
Oct 9, 1982 First Independent Bank, N.A. FL (unnamed)
Oct 9, 1982 Coosa Valley Bank AL SouthTrust Bank of Etowah County, National Association
Oct 9, 1982 First Federal Savings & Loan Associations MA Fleet Bank, National Association
Oct 9, 1982 Freedom Federal Savings & Loan MA Fleet Bank, National Association
Oct 8, 1982 Prairie Federal Savings and Loan Association IL Pathway Financial, a Federal Association
Oct 8, 1982 Chicago Federal Savings and Loan Association IL Pathway Financial, a Federal Association
Oct 8, 1982 Capital Savings and Loan Association VA Heritage Federal Savings Bank
Oct 8, 1982 Watts Fluidair Employees Federal Credit Union ME Lighthouse Federal Credit Union
Oct 8, 1982 Alabama Garnet WKRS Fcu AL Alabama Central Credit Union
Oct 8, 1982 Brentwood Savings, a Federal Savings and Loan Association CA California Federal Bank, a Federal Savings Bank
Oct 6, 1982 Naire Credit Union IL U.S. Employees Credit Union
Oct 6, 1982 Vermont American Employees Credit Union GA North Georgia Credit Union
Oct 3, 1982 Elder-Beerman Employees Credit Union OH Wright-Patt Credit Union, Inc.
Oct 2, 1982 Mid Michigan Bank Corporation MI First of America Bank Corporation
Oct 2, 1982 Londontown Federal Credit Union MD First Financial of Maryland Federal Credit Union

The list holds 500 of the 1,194 mergers recorded for 1982.

FDIC Open-Bank Assistance in 1982

Date Institution HQ Assets
Jul 15, 1982 Tri-Lakes FS&LA Branson, MO $13.9M
Jun 10, 1982 Fidelity FS&LA Valley City, ND $63.0M
Jun 1, 1982 Montebello FS&LA Montebello, CA $36.3M
May 31, 1982 United FS&LA Baltimore, MD $172.4M
Apr 15, 1982 County FS&LA Rockville Centre, NY $1.41B
Apr 15, 1982 Suffolk County FS&LA Centereach, NY $1.11B
Apr 3, 1982 First FS&LA of Chicago Galena, IL $3.53B
Apr 3, 1982 First Financial, S&LA Downer's Grove, IL $633.9M
Apr 2, 1982 The Western Saving Fund Society of Philade Philadelphia, PA $2.13B
Apr 1, 1982 Fidelity S&LA San Francisco, CA $2.91B
Mar 26, 1982 The New York BK for Savings New York, NY $3.50B
Mar 15, 1982 Hartford FS&LA Hartford, CT $377.7M
Mar 11, 1982 Fidelity Mutual Savings Bank Spokane, WA $695.5M
Mar 11, 1982 United States BK of Newark, N.J. Newark, NJ $688.5M
Mar 9, 1982 Knickerbocker FS&LA New York, NY $528.8M
Mar 9, 1982 Ninth Federal Savings New York, NY $477.5M
Mar 8, 1982 Morgan Park S&LA Chicago, IL $2.3M
Feb 20, 1982 North West, FS&LA Chicago, IL $1.28B
Feb 20, 1982 Farmers & Mechanics Savings Bank of Minnea Minneapolis, MN $1.01B
Feb 20, 1982 Unity, Sa Norridge, IL $987.4M
Feb 20, 1982 Alliance, S&LA Chicago, IL $280.7M
Feb 5, 1982 United FS&LA of Broward County Fort Lauderdale, FL $672.4M
Feb 5, 1982 Peach State FS&LA Bremen, GA $115.9M
Feb 5, 1982 Guaranty FS&LA Adel, GA $34.8M
Feb 5, 1982 Central Illinois B&HA Clinton, IL $29.3M
Feb 5, 1982 First FS&LA of Sylvania Sylvania, GA $17.5M
Feb 1, 1982 Inglewood FS&LA Inglewood, CA $7.7M
Jan 25, 1982 First S&LA of New Brunswick New Brunswick, NJ $405.8M
Jan 15, 1982 The Western New York Savings BK Buffalo, NY $1.03B
Jan 15, 1982 Hyde Park FS&LA Chicago, IL $308.5M
Jan 15, 1982 Republic of Texas Sa Houston, TX $257.6M
Jan 15, 1982 Royal FS&LA Dallas, TX $167.6M
Jan 15, 1982 Buffalo S&LA Houston, TX $155.3M
Jan 15, 1982 Civic S&LA Irving, TX $36.8M
Jan 15, 1982 El Centro FS&LA Dallas, TX $11.2M

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