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 |
|---|---|---|
| Sep 20, 1982 | Gulton Employees Federal Credit Union | Am Federal Credit Union |
| Sep 20, 1982 | City Bank and Trust | United American Bank in Hamilton County |
| Sep 18, 1982 | First Federal Savings and Loan Association of New York | First Federal Savings and Loan Association of Rochester |
| Sep 18, 1982 | Washougal Textile Federal Credit Union | Lacamas Community Credit Union |
| Sep 18, 1982 | Weslec Federal Credit Union | Eastern Pittsburgh Bell Federal Credit Union |
| Sep 17, 1982 | Jemco Cu | Relyon Credit Union |
| Sep 16, 1982 | Central Bank of Oxford | Central Bank of Oxford, N.A. |
| Sep 16, 1982 | Guaranty Bank and Trust Company | First Union National Bank of South Carolina |
| Sep 14, 1982 | Hole Hog Credit Union | I. H. Mississippi Valley Credit Union |
| Sep 14, 1982 | First Bank Corporation | Comerica Incorporated |
| Sep 14, 1982 | First Federal Savings & Loan Association of Montevideo | Washington Federal Savings Bank |
| Sep 14, 1982 | Double P Federal Credit Union | Erie Flagship Community Federal Credit Union |
| Sep 14, 1982 | Maison Blanche Empl Cu | Louisiana Central Credit Union |
| Sep 13, 1982 | Orange National Bank | The Connecticut Bank and Trust Company, N.A. |
| Sep 13, 1982 | Southwestern Federal Savings and Loan Association | Home Savings and Loan Association, F.A. |
| Sep 11, 1982 | Rockingham Savings and Loan Association | Investors Federal Savings Bank |
| Sep 11, 1982 | Union Federal Savings and Loan Association of New York | Bayside Federal Savings Bank |
| Sep 10, 1982 | SV Federal Credit Union | Altonized Community Federal Credit Union |
| Sep 10, 1982 | Vandalia Citizens Savings and Loan Association | Fidelity Federal Savings Association |
| Sep 10, 1982 | Investors Savings and Loan Association | Fidelity Federal Savings Association |
| Sep 10, 1982 | Catholic of Stockton Credit Union | Financial Center Credit Union |
| Sep 9, 1982 | Culver Federal Savings and Loan Association | Coast Federal Savings and Loan Association |
| Sep 8, 1982 | Local Government Employees Credit Union | Mountain Credit Union |
| Sep 4, 1982 | Piggott Federal Savings and Loan Association | United Federal Savings and Loan Association, F.A. |
| Sep 2, 1982 | Plaza Bancshares, Inc. | Commerce Bancshares, Inc. |
| Sep 1, 1982 | Service Savings & Loan Association of Palestine | Savings of Texas |
| Sep 1, 1982 | American Federal Savings and Loan Association | First Savings of Arkansas, F.A. |
| Sep 1, 1982 | Mount Vernon Good Samaritan Hospital Federal Credit Union | Healthcare Associates Credit Union |
| Sep 1, 1982 | First Federal Savings and Loan Association | Future Federal Savings Bank |
| Sep 1, 1982 | Havre Federal Savings & Loan Association | Capital Savings Bank, Federal Association |
| Sep 1, 1982 | First Cornelia Corporation | First National Bancorp |
| Sep 1, 1982 | First Federal Savings and Loan Association of Peoria | Lasalle Bank, F.S.B. |
| Sep 1, 1982 | The Citizens and Southern Bank of Colquitt County | NationsBank, National Association (South) |
| Sep 1, 1982 | Burlington Savings and Loan Association | First State Savings of Wisconsin |
| Sep 1, 1982 | C E M P Federal Credit Union | F & a Federal Credit Union |
| Sep 1, 1982 | Consolidated Evansville Federal Credit Union | Heritage Federal Credit Union |
| Sep 1, 1982 | Arkansas Valley Savings and Loan Association | Firstsouth Federal Savings and Loan Association |
| Sep 1, 1982 | Merritt Square Bank | First American Bank and Trust |
| Sep 1, 1982 | Union FS&LA | Capital Union Federal Savings Association |
| Sep 1, 1982 | (unnamed) | First American Bank and Trust |
| Sep 1, 1982 | Norfolk First Federal Savings and Loan Association | Tierone Bank |
| Sep 1, 1982 | East Arkansas Savings and Loan Association | Firstsouth Federal Savings and Loan Association |
| Sep 1, 1982 | First FS&LA | Fulton Federal Savings Association |
| Sep 1, 1982 | Home Federal Savings and Loan Association | South Carolina Federal Savings Bank |
| Sep 1, 1982 | Orange FS&LA | First Federal Savings and Loan Association of Osceola County |
| Sep 1, 1982 | Keystone Savings & Loan Association of Wilkes-Barre | Citizens Savings Bank |
| Sep 1, 1982 | Northern Colorado Savings and Loan Association | Bank Western National Association |
| Sep 1, 1982 | Union Federal Savings and Loan Association of Cook County | Citibank, Federal Savings Bank |
| Sep 1, 1982 | Chester Savings and Loan Association | The First Savings Bank, FSB |
| Sep 1, 1982 | Arch Federal Savings and Loan Association | Statewide Savings Bank, S.L.A. |
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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