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 |
|---|---|---|
| Oct 1, 1982 | Harper Woods Federal Credit Union | Federal Mogul Employees Federal Credit Union |
| Oct 1, 1982 | Victor Employees Federal Credit Union | Victor Valley Federal Credit Union |
| Oct 1, 1982 | Gordon County Bank | The First National Bank of Dalton |
| Oct 1, 1982 | Citizens National Bank of Columbus | First Citizens National Bank |
| Oct 1, 1982 | Blytheville Federal Savings and Loan Association | First Savings of Arkansas, F.A. |
| Oct 1, 1982 | Union-Collier Alaska Federal Credit Union | Global Federal Credit Union |
| Oct 1, 1982 | Commonwealth First Federal Savings and Loan Association | Great Financial Bank, FSB |
| Oct 1, 1982 | MN&S Employees Credit Union | Soo Line Credit Union |
| Oct 1, 1982 | E B Employees Federal Credit Union | Chiphone Federal Credit Union |
| Oct 1, 1982 | McMinnville FS&LA | Heritage Federal Bank for Savings |
| Oct 1, 1982 | S E M Federal Credit Union | Interstate Federal Credit Union |
| Oct 1, 1982 | B C Federal Credit Union | Valley Strong Credit Union |
| Oct 1, 1982 | Union-Whitten State Savings Bank | Hardin County Savings Bank |
| Oct 1, 1982 | First Federal Savings and Loan of Johnson County | First Indiana Bank, National Association |
| Oct 1, 1982 | Ringle Express Federal Credit Union | R I a Federal Credit Union |
| Oct 1, 1982 | Oconomowoc Savings and Loan Association | Security Bank, S.S.B. |
| Oct 1, 1982 | Westside Federal Credit Union | 1st Liberty Federal Credit Union |
| Oct 1, 1982 | Southern Federal Savings and Loan Association | Future Federal Savings Bank |
| Oct 1, 1982 | Fluidyne Employees Credit Union | Trustone Financial Credit Union |
| Oct 1, 1982 | Ellis National Bank of Ormond Beach | NCNB National Bank of Florida |
| Oct 1, 1982 | The Peoples National Bank of Shippensburg | Dauphin Deposit Bank and Trust Company |
| Oct 1, 1982 | First Family Federal Savings and Loan Association | First Savings of Arkansas, F.A. |
| Oct 1, 1982 | Teamsters Local 328 Federal Credit Union | Great Lakes First Federal Credit Union |
| Oct 1, 1982 | Family Federal Savings and Loan Association | Peoples Federal Savings and Loan Assocaition |
| Oct 1, 1982 | Springfield-Greene County Employees Credit Union | Metro+ Federal Credit Union dba Metro Credit Union |
| Oct 1, 1982 | Hooker Employees Credit Union | Harborlight Credit Union |
| Oct 1, 1982 | First Federal Savings and Loan Association of Clear Lake | Metropolitan Federal Bank of Iowa |
| Oct 1, 1982 | Luverne Federal Savings & Loan Association | Norwest National Bank |
| Sep 30, 1982 | Pioneer State Savings and Loan Association | Southern Bank |
| Sep 30, 1982 | Macon Bank & Trust Co. | Wachovia Bank of Georgia, National Association |
| Sep 30, 1982 | First National State Bank of South Jersey | First Fidelity Bank, National Association, South Jersey |
| Sep 30, 1982 | First Federal Savings and Loan Association of Hardeman County | Home Federal Savings and Loan Association |
| Sep 30, 1982 | Bank of Florala | SouthTrust Bank of Covington County, National Association |
| Sep 30, 1982 | Weymouth Town Employees Credit Union | Arise Federal Credit Union |
| Sep 30, 1982 | First Fidelity Savings & Loan Association | TCF National Bank |
| Sep 29, 1982 | Paafco Inc. | Bank One, Michigan |
| Sep 29, 1982 | Willimantic Savings and Loan Association | Liberty Bank |
| Sep 27, 1982 | Blues Federal Credit Union | Buffalo Metropolitan Federal Credit Union |
| Sep 27, 1982 | North Central Federal Credit Union | Westreet Federal Credit Union |
| Sep 26, 1982 | Southampton County Bank | Dominion Bank of Greater Hampton Roads, National Association |
| Sep 26, 1982 | Bank of Smithfield | Dominion Bank of Greater Hampton Roads, National Association |
| Sep 25, 1982 | 1st Consumers Savings Bank | Maine Savings Bank |
| Sep 25, 1982 | (unnamed) | AmeriTrust Company National Association |
| Sep 25, 1982 | Royal Trust Bank of St. Petersburg | Royal Trust Bank |
| Sep 25, 1982 | Royal Trust Bank of Orlando | Royal Trust Bank |
| Sep 25, 1982 | Jersey Shore Bank | Constellation Bank, National Association |
| Sep 24, 1982 | Monterey Savings and Loan Association, a Federal Association | Coast Federal Savings and Loan Association |
| Sep 21, 1982 | Drcip Credit Union | Philadelphia Federal Credit Union |
| Sep 20, 1982 | The Bath County National Bank of Hot Springs | First Virginia Bank - Highlands |
| Sep 20, 1982 | The Second National Bank of Ravenna | KeyBank N.A. |
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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