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
Dec 20, 1982	South East FS&LA	Louisville, KY	$132.1M
Dec 20, 1982	Peachtree FS&LA	Atlanta, GA	$105.0M
Dec 20, 1982	First Home FS&LA	Owensboro, KY	$83.6M
Dec 20, 1982	Garfield FS&LA	Pottstown, PA	$70.4M
Dec 20, 1982	Mid-City FS&LA	North Wales, PA	$47.8M
Dec 20, 1982	Security FS&LA	Mayfield, KY	$45.9M
Dec 20, 1982	First FS&LA of Crisp County	Cordele, GA	$44.6M
Dec 20, 1982	Clay County FS&LA	West Point, MS	$14.1M
Dec 20, 1982	Home Trust S&LA	Vermillion, SD	$13.2M
Dec 17, 1982	Chicagoland FS&LA	Chicago, IL	$140.5M
Nov 15, 1982	South Shore FS&LA	Massapequa, NY	$366.1M
Nov 15, 1982	Island S&LA	Hempstead, NY	$284.5M
Oct 22, 1982	Corsicana FS&LA	Corsicana, TX	$70.3M
Oct 22, 1982	Modern S&LA	Pasadena, TX	$20.7M
Oct 15, 1982	Mechanics Savings Bank	Elmira, NY	$55.3M
Oct 12, 1982	Freedom FS&LA	Worcester, MA	$790.7M
Oct 12, 1982	First FS&LA	Boston, MA	$236.0M
Oct 3, 1982	Oklahoma National BK & TR Co.	Oklahoma City, OK	$131.6M
Oct 1, 1982	1st of Delray Beach S&LA	Delray Beach, FL	$843.0M
Oct 1, 1982	Dixie FS&LA	New Orleans, LA	$539.0M
Oct 1, 1982	Barton S&LA	Newark, NJ	$170.4M
Oct 1, 1982	Heritage FS&LA	Bossier City, LA	$71.0M
Oct 1, 1982	Union FS&LA	Pineville, LA	$29.1M
Sep 24, 1982	United Mutual Savings Bank	New York, NY	$832.9M
Sep 21, 1982	First FS&LA	Springhill, LA	$11.7M
Sep 20, 1982	First FS&LA of New York	New York City, NY	$658.9M
Sep 20, 1982	First FS&LA of Sioux Falls	Sioux Falls, SD	$78.2M
Sep 20, 1982	First Dakota Home S&LA	Pierre, SD	$27.8M
Sep 20, 1982	Republic FS&LA	Lafayette, LA	$19.3M
Sep 20, 1982	First FS&LA of Acadia	Rayne, LA	$11.3M
Sep 10, 1982	Union FS&LA of New York	New York, NY	$151.8M
Sep 10, 1982	Investors S&LA	Fairview Heights, IL	$48.1M
Sep 10, 1982	Vandalia Citizens S&LA	Vandalia, IL	$13.7M
Sep 1, 1982	First FS&LA	Peoria, IL	$446.0M
Sep 1, 1982	Union of Cook County	Matteson, IL	$107.0M
Sep 1, 1982	Havre FS&LA	Havre, MT	$73.3M
Aug 27, 1982	Coronado S&LA	Albuquerque, NM	$34.4M
Aug 6, 1982	Abilene National Bank	Abilene, TX	$437.3M
Aug 6, 1982	First FS&LA of Suffolk	Suffolk, VA	$102.7M
Aug 2, 1982	Guardian FS&LA	Silver Spring, MD	$184.4M
Aug 2, 1982	Mutual S&LA of El Paso	El Paso, TX	$174.7M
Aug 2, 1982	River Edge S&LA	River Edge, NJ	$61.7M
Jul 31, 1982	Princeton S&LA	Princeton, NJ	$249.6M
Jul 31, 1982	First FS&LA of Burlington CTY	Cinnamonson, NJ	$135.2M
Jul 31, 1982	Allied FS&LA	Jamaica, NY	$18.3M
Jul 30, 1982	American FS&LA	Southfield, MI	$841.7M
Jul 30, 1982	First of Mid Florida	Deland, FL	$549.3M
Jul 30, 1982	United FS&LA of Puerto Rico	San Juan, PR	$286.9M
Jul 30, 1982	Harris County FS&LA	Baytown, TX	$181.7M
Jul 16, 1982	First FS&LA of Pittston	Pittston, PA	$45.8M

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