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