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 |
|---|---|---|
| Nov 12, 1982 | Oreck S Employees Credit Union | Centricity Credit Union |
| Nov 9, 1982 | Penoptic Credit Union | Riverfront Federal Credit Union |
| Nov 5, 1982 | The First National Bank of Verndale | Star Bank |
| Nov 5, 1982 | Mesa Verde Savings and Loan Association | Empire Savings Building and Loan Association |
| Nov 3, 1982 | Cedar Bluff Bank | Union State Bank |
| Nov 2, 1982 | Midcon Holdings, Inc. | Boatmen's Bancshares, Inc. of Illinois |
| Nov 2, 1982 | General Bancshares Corporation of Illinois | Boatmen's Bancshares, Inc. of Illinois |
| Nov 1, 1982 | Searcy Federal Savings and Loan Association | First Savings of Arkansas, F.A. |
| Nov 1, 1982 | American Savings and Loan Association, F.A. | First Savings of Arkansas, F.A. |
| Nov 1, 1982 | Box Elder County Bank | First Interstate Bank of Utah, National Association |
| Nov 1, 1982 | Coles County Savings and Loan Association | Champion Federal Savings and Loan Association |
| Nov 1, 1982 | Hygeia Cu | Loyalty Credit Union |
| Nov 1, 1982 | United Federal Savings & Loan Association of Alexandria | Washington Federal Savings Bank |
| Nov 1, 1982 | Hingham Co-Operative Bank | Haymarket Co-operative Bank |
| Nov 1, 1982 | Citizens National Bank | Crestar Bank |
| Nov 1, 1982 | (unnamed) | Union Warren Savings Bank |
| Nov 1, 1982 | Citizens Building Association | Champion Federal Savings and Loan Association |
| Nov 1, 1982 | Itt World Com Pacific Federal Credit Union | Patelco Credit Union |
| Nov 1, 1982 | Marcor Employees Federal Credit Union | Excite Credit Union |
| Nov 1, 1982 | American State Bank | American National Bank of Florida |
| Nov 1, 1982 | Rock Island Federal Savings and Loan Association | Champion Federal Savings and Loan Association |
| Nov 1, 1982 | First Savings and Loan Association of Will County | Champion Federal Savings and Loan Association |
| Nov 1, 1982 | O.E. Employees Credit Union | MainStreet Federal Credit Union |
| Nov 1, 1982 | First FS&LA | Unifirst Bank for Savings, a Federal Savings and Loan |
| Nov 1, 1982 | First National Bank of Goshen | NBD Bank |
| Nov 1, 1982 | A-J Tecu Credit Union | Vibe Credit Union |
| Nov 1, 1982 | Bank of Janesville | M&I Bank South |
| Nov 1, 1982 | Olb Fcu | La Capitol Federal Credit Union |
| Nov 1, 1982 | Fidelity FS&LA | Southeast Bank for Savings, A FSB |
| Nov 1, 1982 | Future Savings and Loan Association | Preferred Savings Bank, Federal Savings Bank |
| Nov 1, 1982 | Venice-Nokomis Bank and Trust Company | (unnamed) |
| Nov 1, 1982 | Commercial Marine Bank of Madison | Bank One, Madison |
| Nov 1, 1982 | (unnamed) | Barclays Bank of New York, N.A. |
| Nov 1, 1982 | Central Savings Association | Citifinancial, INC.<OH> |
| Nov 1, 1982 | Union FS&LA | Pelican HMSTD & Sa |
| Nov 1, 1982 | Benton County Savings and Loan Association | First American Savings Bank, F.S.B. |
| Nov 1, 1982 | Bank of New Haven | Town & Country Bank and Trust Company |
| Nov 1, 1982 | Palestine Savings & Loan Association | Superior Savings Bank, F.S.B. |
| Nov 1, 1982 | Nashville Federal Savings and Loan Association | First Savings of Arkansas, F.A. |
| Nov 1, 1982 | Heritage Federal Savings and Loan Association | First Savings of Arkansas, F.A. |
| Nov 1, 1982 | Fifth Bluecher Building Association | Fox Chase Bank |
| Nov 1, 1982 | Mechanics Building & Loan Association | First Bank of Hanover, Pennsylvania |
| Nov 1, 1982 | Taylorville Federal Savings and Loan Association | Champion Federal Savings and Loan Association |
| Nov 1, 1982 | Washington Savings and Loan Association | Independence Federal Bank Federal Savings Bank |
| Oct 31, 1982 | The Citizens and Southern Bank of Dalton | NationsBank, National Association (South) |
| Oct 31, 1982 | The Citizens and Southern Bank of Hart County | NationsBank, National Association (South) |
| Oct 31, 1982 | Cardinal Savings and Loan Company | Citizens Federal Bank, F.S.B., a Federal Savings Bank |
| Oct 31, 1982 | The Citizens and Southern Bank of Thomas County | NationsBank, National Association (South) |
| Oct 31, 1982 | The Citizens and Southern Bank of Jackson | NationsBank, National Association (South) |
| Oct 30, 1982 | Rutland Savings Bank | Chittenden Trust Company |
The list holds 500 of the 1,194 mergers recorded for 1982.
FDIC Open-Bank Assistance in 1982
| Date | Institution | Assets |
|---|---|---|
| Dec 20, 1982 | South East FS&LA | $132.1M |
| Dec 20, 1982 | Peachtree FS&LA | $105.0M |
| Dec 20, 1982 | First Home FS&LA | $83.6M |
| Dec 20, 1982 | Garfield FS&LA | $70.4M |
| Dec 20, 1982 | Mid-City FS&LA | $47.8M |
| Dec 20, 1982 | Security FS&LA | $45.9M |
| Dec 20, 1982 | First FS&LA of Crisp County | $44.6M |
| Dec 20, 1982 | Clay County FS&LA | $14.1M |
| Dec 20, 1982 | Home Trust S&LA | $13.2M |
| Dec 17, 1982 | Chicagoland FS&LA | $140.5M |
| Nov 15, 1982 | South Shore FS&LA | $366.1M |
| Nov 15, 1982 | Island S&LA | $284.5M |
| Oct 22, 1982 | Corsicana FS&LA | $70.3M |
| Oct 22, 1982 | Modern S&LA | $20.7M |
| Oct 15, 1982 | Mechanics Savings Bank | $55.3M |
| Oct 12, 1982 | Freedom FS&LA | $790.7M |
| Oct 12, 1982 | First FS&LA | $236.0M |
| Oct 3, 1982 | Oklahoma National BK & TR Co. | $131.6M |
| Oct 1, 1982 | 1st of Delray Beach S&LA | $843.0M |
| Oct 1, 1982 | Dixie FS&LA | $539.0M |
| Oct 1, 1982 | Barton S&LA | $170.4M |
| Oct 1, 1982 | Heritage FS&LA | $71.0M |
| Oct 1, 1982 | Union FS&LA | $29.1M |
| Sep 24, 1982 | United Mutual Savings Bank | $832.9M |
| Sep 21, 1982 | First FS&LA | $11.7M |
| Sep 20, 1982 | First FS&LA of New York | $658.9M |
| Sep 20, 1982 | First FS&LA of Sioux Falls | $78.2M |
| Sep 20, 1982 | First Dakota Home S&LA | $27.8M |
| Sep 20, 1982 | Republic FS&LA | $19.3M |
| Sep 20, 1982 | First FS&LA of Acadia | $11.3M |
| Sep 10, 1982 | Union FS&LA of New York | $151.8M |
| Sep 10, 1982 | Investors S&LA | $48.1M |
| Sep 10, 1982 | Vandalia Citizens S&LA | $13.7M |
| Sep 1, 1982 | First FS&LA | $446.0M |
| Sep 1, 1982 | Union of Cook County | $107.0M |
| Sep 1, 1982 | Havre FS&LA | $73.3M |
| Aug 27, 1982 | Coronado S&LA | $34.4M |
| Aug 6, 1982 | Abilene National Bank | $437.3M |
| Aug 6, 1982 | First FS&LA of Suffolk | $102.7M |
| Aug 2, 1982 | Guardian FS&LA | $184.4M |
| Aug 2, 1982 | Mutual S&LA of El Paso | $174.7M |
| Aug 2, 1982 | River Edge S&LA | $61.7M |
| Jul 31, 1982 | Princeton S&LA | $249.6M |
| Jul 31, 1982 | First FS&LA of Burlington CTY | $135.2M |
| Jul 31, 1982 | Allied FS&LA | $18.3M |
| Jul 30, 1982 | American FS&LA | $841.7M |
| Jul 30, 1982 | First of Mid Florida | $549.3M |
| Jul 30, 1982 | United FS&LA of Puerto Rico | $286.9M |
| Jul 30, 1982 | Harris County FS&LA | $181.7M |
| Jul 16, 1982 | First FS&LA of Pittston | $45.8M |
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