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

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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