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.

Failures

$4.65B in failed assets

1,194

Mergers

Federal Reserve NIC, banking organizations

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

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 2, 1982	The Detour Bank	MD	Allfirst Bank
Oct 2, 1982	The Peoples National Bank of Chester	SC	First National Bank of South Carolina
Oct 1, 1982	Ogdensburg Community Federal Credit Union	NY	Great Lakes First Federal Credit Union
Oct 1, 1982	Barstow Community Federal Credit Union	CA	Frontwave Credit Union
Oct 1, 1982	Union Bancorp, Inc.	MI	Union Bancorp Inc.
Oct 1, 1982	Westinghouse Employees Federal Credit Union	IN	Members Choice Federal Credit Union
Oct 1, 1982	Southwest Federal Savings and Loan Association	AR	First Savings of Arkansas, F.A.
Oct 1, 1982	The Commercial Bank of Australia Limited	—	Westpac Banking Corporation
Oct 1, 1982	Heritage Federal Savings & Loan Association	LA	Landmark SVG BK SSB
Oct 1, 1982	United Federal Savings and Loan Association	MI	TCF National Bank
Oct 1, 1982	First Savings and Loan Association	AR	Firstsouth Federal Savings and Loan Association
Oct 1, 1982	Frontier Federal Savings and Loan Association	KS	Mid Kansas Savings and Loan Association, F.A.
Oct 1, 1982	Heritage Savings and Loan Association	WI	The Equitable Bank, S.S.B.
Oct 1, 1982	Savanna Milwaukee Railroad Employees Credit Union	IL	Blackhawk Area Credit Union
Oct 1, 1982	Pioneer Savings and Loan Association of Bloomfield	PA	Atlantic Financial Savings, F.A.
Oct 1, 1982	(unnamed)	—	Central Fidelity Bank, National Association, Lynchburg
Oct 1, 1982	First Federal Savings & Loan Association of Willmar	MN	First Federal Savings & Loan Association of Minneapolis
Oct 1, 1982	First Federal Savings and Loan Association	TN	(unnamed)
Oct 1, 1982	Barton Savings and Loan Association	NJ	Carteret Federal Savings Bank
Oct 1, 1982	First Federal Savings & Loan Association	TX	Charter Savings & Laon Association
Oct 1, 1982	Mount Prospect Federal Savings and Loan Association	IL	Clyde Federal Savings Association
Oct 1, 1982	Southern Pennsylvania Bank	PA	Dauphin Deposit Bank and Trust Company
Oct 1, 1982	United Federal Savings and Loan Association	PA	Vanguard Savings Bank, FSB
Oct 1, 1982	Jefferson Federal Savings and Loan Association	DC	Washington Federal Savings Bank
Oct 1, 1982	Northern Indiana Public Service Company South Bend Division E Mployees Federal Credit Union	IN	Communitywide Federal Credit Union
Oct 1, 1982	Newspaper Empl Cu	TX	Velocity Credit Union
Oct 1, 1982	Auto Fcu	AL	Alabama Central Credit Union
Oct 1, 1982	Ccpe Cu	TX	Valley Federal Credit Union
Oct 1, 1982	The Manville National Bank	NJ	First National Bank of Central Jersey
Oct 1, 1982	South Arkansas Savings and Loan Association	AR	First Savings of Arkansas, F.A.
Oct 1, 1982	General Community Federal Credit Union	IN	Afena Federal Credit Union
Oct 1, 1982	Bulldog Employees Credit Union	IA	Edco Credit Union
Oct 1, 1982	Logan Federal Savings & Loan Association	OH	Century National Bank
Oct 1, 1982	Pioneer Savings and Loan Association	NC	Pioneer Savings Bank, Inc.
Oct 1, 1982	Ideal SVG & HMSTD	LA	Southern Federal Savings Bank
Oct 1, 1982	City of Plantation Empl Cu	FL	We Florida Financial
Oct 1, 1982	Hays County Teachers Cu	TX	A+ Federal Credit Union
Oct 1, 1982	Home Savings and Loan Association	NC	Pioneer Savings Bank, Inc.
Oct 1, 1982	Cypress Bend Federal Credit Union	AR	Arkansas Superior Federal Credit Union
Oct 1, 1982	Farmers National Bank of Malone	NY	Key Bank of Northern New York National Association
Oct 1, 1982	First Federal Savings and Loan Association	FL	Carteret Federal Savings Bank
Oct 1, 1982	Big Spring Savings Association	TX	Home Savings & Loan Association
Oct 1, 1982	Sayreville Savings and Loan Association	NJ	Penn Federal Savings Bank
Oct 1, 1982	Gary Screw and Bolt Employees Credit Union	IN	Tech Credit Union
Oct 1, 1982	Iowa Falls Federal Savings and Loan Association	IA	Metropolitan Federal Bank of Iowa
Oct 1, 1982	Henderson Savings and Loan Association	NC	First American Federal Savings Bank
Oct 1, 1982	Trevose Federal Savings & Loan Association	PA	Horizon Financial, F.A.
Oct 1, 1982	Crawford County Federal Credit Union	MI	Northland Area Federal Credit Union
Oct 1, 1982	South Works Employees Credit Union	IL	Tech Credit Union
Oct 1, 1982	Benjamin Franklin Federal Savings and Loan Association of Portland	OR	The Benj. Franklin Federal Savings and Loan Association

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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