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Calendar Year

1985 in US Banking

1,226 bank events are on record for 1985: 139 failures, 1,032 mergers or acquisitions involving a bank, credit union or bank holding company, and 14 enforcement actions.

139
Failures
$9.90B in failed assets
1,032
Mergers
Federal Reserve NIC, banking organizations
14
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
41
Assistance
FDIC open-bank assistance

Jump to: Bank failures 1985 · Bank mergers 1985

How many banks failed in 1985?

139 banks failed in 1985, with $9.90B in assets. Each failure below links to its own page.

Date Bank HQ Assets Acquirer or resolution
Aug 28, 1985 Missouri Delta Bank Hayti, MO $9.1M Bank of Hayti
Aug 28, 1985 Cardwell State Bank Cardwell, MO $6.2M Merchants&planters BK Ho
Aug 23, 1985 Alliance FS&LA Kenner, LA $188.1M —
Aug 23, 1985 The Bank of Bronson Bronson, KS $9.6M —
Aug 20, 1985 Centennial S&LA Guerneville, CA $368.2M Citizens FS&LA
Aug 16, 1985 Montana S&LA Kalispell, MT $26.9M —
Aug 15, 1985 Park West Bank, N.A. Farmers Branch, TX $20.5M Park West State Bank
Aug 14, 1985 State Bank of Herndon Herndon, KS $6.2M —
Aug 9, 1985 Sierra FS&LA Denver, CO $48.4M Commercial FS&LA
Aug 9, 1985 State Bank of Farmersville Farmersville, IL $12.0M Litchfield Bank&trust Co
Aug 8, 1985 Security Bank & Trust Company Midwest City, OK $35.0M Security Bank of MW CTY
Aug 6, 1985 Mineola State Bank Mineola, IA $5.2M Glenwood State Bank
Aug 2, 1985 Bell Savings Banc Temple, TX $185.0M —
Aug 2, 1985 Farmers State Bank of Round Lake Round Lake, MN $23.2M Farmers STB of Mountain
Aug 2, 1985 Farmers State Bank Rising City, NE $12.8M Union Bank&trust Co
Aug 1, 1985 Riverside National Bank of Houston Houston, TX $18.4M Peoples Bank National As
Jul 25, 1985 Citizens State Bank of El Dorado El Dorado, KS $31.2M National Bank of El Dora
Jul 25, 1985 Kansas American Bank Overland Park, KS $25.7M Midamerican B&T Overland
Jul 23, 1985 The First National Bank of Onaga Onaga, KS $22.4M First National Bank of O
Jul 23, 1985 First National Bank of Glenrock Glenrock, WY $18.7M National Bank of Glenroc
Jul 19, 1985 Linn County Bank Linneus, MO $5.4M United Mo Bank of Linn C
Jul 19, 1985 Gilpin County Bank Black Hawk, CO $3.9M First Intrst BK Golden N
Jul 18, 1985 Sunrise, S&LA Lake Worth, FL $1.52B Beach FS&LA
Jul 18, 1985 The First National Bank of Darouzzet Darrouzett, TX $18.2M —
Jul 18, 1985 Eskridge State Bank Eskridge, KS $10.1M Flint Hills Bank of Eskr
Jul 11, 1985 Crossroads State Bank Oklahoma City, OK $17.8M —
Jul 5, 1985 The First National Bank of Jacksonville Jacksonville, AL $43.3M Amsouth Bank of Jacksonv
Jul 2, 1985 Madison Bank Madison, KS $8.4M First NB of Madison
Jun 28, 1985 First Bank & Trust Tracy City, TN $21.1M First NB of Shelbyville
Jun 25, 1985 Sun Belt Federal Bank, FSB Lake Providence, LA $278.3M Horizon FS&LA
Jun 25, 1985 Audubon S&LA New Orleans, LA $211.3M Horizon FS&LA
Jun 25, 1985 Northlake S&LA Covington, LA $141.4M Horizon FS&LA
Jun 25, 1985 New Orleans S&LA New Orleans, LA $118.0M Horizon FS&LA
Jun 25, 1985 Crescent Savings Bank New Orleans, LA $89.1M Horizon FS&LA
Jun 25, 1985 Community FS&LA Baton Rouge, LA $47.9M Horizon FS&LA
Jun 21, 1985 Golden Pacific National Bank New York, NY $146.3M Hongkong&shanghai BK Cor
Jun 21, 1985 First City Bank, N.A. Oklahoma City, OK $97.8M City Bank&trust
Jun 21, 1985 Urbana Savings Bank Urbana, IA $7.2M Peoples Bank&trust Co
Jun 20, 1985 Farmers State Bank of Dexter Dexter, KS $4.3M —
Jun 14, 1985 Swift County Bank Benson, MN $41.6M First Security STB Sleep
Jun 14, 1985 Strong's Bank Dodgeville, WI $30.7M M&I Bank of Dodgeville
Jun 13, 1985 The First State Bank Edna, KS $8.3M First State Bank of Edna
Jun 11, 1985 American National Bank of Riverton Riverton, WY $37.9M First WY Bank Na Riverto
Jun 7, 1985 Community FS&LA Nashville, TN $22.7M —
Jun 7, 1985 Magnolia FS&LA Knoxville, TN $4.8M —
May 31, 1985 Bank of Lockesburg Lockesburg, AR $25.5M Bank of Lockesburg
May 31, 1985 First Trust Bank of Lakefield Lakefield, MN $24.3M Fulda State Bank
May 31, 1985 Bank of Taylor Taylor, NE $14.5M Union Bank&trust Co
May 31, 1985 Fairfield State Bank Fairfield, NE $6.8M —
May 31, 1985 Security State Bank Edgar, NE $6.6M Guide Rock State Bank

Which banks merged in 1985?

1,032 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1985.

Date Acquired St Acquirer
Oct 1, 1985 Castle Credit Union CA Travis Credit Union
Oct 1, 1985 Delta Savings and Loan Association OH Cincinnati Federal
Oct 1, 1985 Colonial Savings Bank PA Frankford Trust Company
Oct 1, 1985 St. Nazianz State Bank WI Bank First, N.A.
Oct 1, 1985 Standard Financial Corporation NY Sterling Bancorp
Oct 1, 1985 Mountain Credit CO MontroseBank
Sep 30, 1985 Lebanon Schools Federal Credit Union OH Triangle Credit Union, Inc.
Sep 30, 1985 Amtrust Federal Credit Union HI Hawaiian Financial Federal Credit Union
Sep 30, 1985 Gallipolis Savings and Loan Association OH Civic Federal Savings Bank
Sep 30, 1985 Alaska Feminist Federal Credit Union AK Denali Federal Credit Union
Sep 30, 1985 Ua #51 Federal Credit Union OR United Trades Federal Credit Union
Sep 30, 1985 Port of Portland Employees Credit Union OR NW Priority Credit Union
Sep 30, 1985 Gocal Federal Credit Union CA Chevron Valley Credit Union
Sep 30, 1985 Englewood Federal Credit Union CO Arapahoe Credit Union
Sep 30, 1985 C C G Plant 65 Federal Credit Union PA New Directions Community Credit Union
Sep 30, 1985 Central State Savings and Loan Association, Federal Association MI Colonial Central Savings Bank, Federal Savings Bank
Sep 30, 1985 Evergreen Savings and Loan Association WI AnchorBank, FSB
Sep 30, 1985 The Citizens Bank and Trust Company of Glastonbury CT The Connecticut Bank and Trust Company, N.A.
Sep 30, 1985 The Peoples Bankcorp GA First National Bancorp
Sep 28, 1985 Suburban State Bank WA Security Pacific Bank Washington, N.A.
Sep 28, 1985 National Bank and Trust Company of Gloucester County NJ First Fidelity Bank, National Association, South Jersey
Sep 28, 1985 Seminole Govt Empl Fcu FL Fairwinds Credit Union
Sep 28, 1985 Family Federal Savings and Loan Association VA Columbia First Bank, a Federal Savings Bank
Sep 28, 1985 Burlington Marine Bank WI Bank One, Elkhorn, National Association
Sep 26, 1985 Great Lakes Cu TN Northeast Community Credit Union
Sep 25, 1985 Etonic Employees Federal Credit Union ME Dirigo Federal Credit Union
Sep 25, 1985 Times Journal Credit Union NJ Bay Atlantic Federal Credit Union
Sep 25, 1985 Firstul Mortgage Company OK Liberty Bancorp, Inc.
Sep 23, 1985 Pabst Newark Federal Credit Union NJ Pinnacle Federal Credit Union
Sep 23, 1985 Gravois Bancorp, Inc. MO Gravois Bancorp, Inc.
Sep 21, 1985 (unnamed) — Regions Bank
Sep 20, 1985 Bank of Boston - Essex, National Association MA Fleet National Bank
Sep 16, 1985 Bank of Summerton SC The National Bank of South Carolina
Sep 16, 1985 PCB Federal Credit Union PA Pathfinder Federal Credit Union
Sep 14, 1985 Dominion Bank of the Cumberlands, National Association VA First Union National Bank of Virginia
Sep 14, 1985 Marine Bank South, National Association WI Marine Bank South, National Association
Sep 13, 1985 The State Bank of Parsons KS Commercial Bank
Sep 12, 1985 Jenkins Bros Employees Credit Union CT McKesson Federal Credit Union
Sep 10, 1985 Protective Savings & Loan Association PA Sharon Bank
Sep 10, 1985 Riverside Land Company WI M&I Bank of Beloit
Sep 9, 1985 Saint Jules Fcu LA Barksdale Federal Credit Union
Sep 9, 1985 Rutland Health Services Credit Union VT Heritage Family Federal Credit Union
Sep 3, 1985 Richmond Community Federal Credit Union IN Indiana Members Credit Union
Sep 3, 1985 Cyclotherm Employees Federal Credit Union NY Oswego County Federal Credit Union
Sep 3, 1985 Bakerstown Savings and Loan Association PA Northwest Bank
Sep 3, 1985 N T C O Credit Union WI Pioneer Credit Union
Sep 3, 1985 Suncoast Medical Prof Cu FL Alive Credit Union
Sep 3, 1985 Centran Corporation OH KeyCorp
Sep 2, 1985 Local 87 P & S Federal Credit Union OH Doy Federal Credit Union
Sep 2, 1985 Suburban Savings and Loan Association VA Ameribanc Savings Bank, FSB

Enforcement Actions in 1985

Action date Agency Institution Action
Dec 9, 1985 FDIC An individual Other Action: Redacted
Dec 9, 1985 FDIC An individual Cease and Desist / Consent Orders: Redacted
Sep 23, 1985 FDIC An individual Assessment of Civil Money Penalty: Redacted
Sep 16, 1985 FDIC An individual Cease and Desist / Consent Orders: Redacted
Aug 19, 1985 FDIC An individual Removal/Prohibition Order: Redacted
Aug 19, 1985 FDIC An individual Cease and Desist / Consent Orders;Removal/Prohibition Order: Redacted
Jul 9, 1985 FDIC An individual Cease and Desist / Consent Orders;Involuntary Termination of Deposit Insurance: Redacted
May 28, 1985 FDIC An individual Cease and Desist / Consent Orders: Redacted
May 6, 1985 FDIC An individual Cease and Desist / Consent Orders: Redacted
May 6, 1985 FDIC An individual Temporary Order to Cease and Desist: Redacted
Apr 30, 1985 FDIC An individual Temporary Suspension/Prohibition Order for Indict: Redacted
Apr 30, 1985 FDIC An individual Temporary Suspension/Prohibition Order for Indict: Redacted
Jan 25, 1985 FDIC An individual Removal/Prohibition Order: Redacted
Jan 14, 1985 FDIC An individual Removal/Prohibition Order: Redacted

FDIC Open-Bank Assistance in 1985

Date Institution HQ Assets
Dec 31, 1985 Home Savings Bank White Plains, NY $413.9M
Dec 31, 1985 Sun FS&LA Talahassee, FL $367.5M
Dec 20, 1985 State S&LA of Lubbock Lubbock, TX $841.6M
Dec 20, 1985 Brownfield S&LA Brownfield, TX $64.7M
Dec 2, 1985 Home FS&LA Sioux City, IA $115.3M
Dec 2, 1985 Home FS&LA Paducah, KY $106.7M
Dec 2, 1985 Midland FS&LA Moorhead, MN $38.0M
Dec 1, 1985 Citizens FS&LA Seattle, WA $461.4M
Nov 25, 1985 Hi-Plains S&LA Hereford, TX $114.6M
Nov 1, 1985 Lewis FS&LA Chehalis, WA $51.9M
Oct 28, 1985 Security Trust S&LA Oakridge, TN $28.8M
Oct 4, 1985 Sun S&LA Portland, ME $231.9M
Oct 1, 1985 Bowery Savings Bank New York, NY $5.28B
Oct 1, 1985 Security FS&LA Alberquerque, NM $169.1M
Oct 1, 1985 Baton Rouge S&LA Baton Rouge, LA $116.0M
Sep 27, 1985 Family FS&LA Springfield, VA $57.1M
Sep 27, 1985 Golden Pacific S&LA Windsor, CA $45.6M
Sep 20, 1985 Glen Ellyn S&LA Glen Ellyn, IL $122.1M
Sep 6, 1985 Heights Savings Association Houston, TX $436.5M
Sep 3, 1985 Citizens FS&LA Matteson, IL $133.8M
Aug 16, 1985 The Commercial Bank Andalusia, AL $77.8M
Aug 7, 1985 Butterfield S&LA Santa Ana, CA $708.3M
Aug 1, 1985 Western Heritage FS&LA Pendleton, OR $175.1M
Jul 25, 1985 Bell S&LA San Mateo, CA $1.64B
Jul 19, 1985 Flushing FS&LA Flushing, NY $527.7M
Jul 1, 1985 Citizens S&LA Batesville, MS $18.4M
Jun 26, 1985 Century Sa Shawnee MSN, KS $91.8M
Jun 21, 1985 Eureka FS&LA San Carlos, CA $1.57B
Jun 6, 1985 Southern California S&LA Beverly Hills, CA $1.49B
May 31, 1985 Central S&LA San Diego, CA $2.31B
May 31, 1985 Bank of Oregon Woodburn, OR $117.1M
May 28, 1985 First FS&LA of Freeport Freeport, IL $63.3M
May 22, 1985 Home FS&LA Marion, OH $201.9M
May 10, 1985 First Financial Bank, FSB New Orleans, LA $739.4M
May 2, 1985 Capital City FS&LA Washington, DC $361.2M
May 2, 1985 Northern Virginia S&LA Arlington, VA $237.2M
May 2, 1985 First Federal of Titusville Titusville, FL $162.7M
May 1, 1985 Brighton FS&LA Brighton, CO $91.4M
Apr 23, 1985 Beverly Hills S&LA Beverly Hills, CA $2.92B
Jan 1, 1985 Fidelity S&L Martins Ferry, OH $72.5M
Jan 1, 1985 Peoples S&LA Honolulu, HI $15.0M

Browse adjacent years: 1984 · 1986

Bank events in the 1980s: 1980 · 1981 · 1982 · 1983 · 1984 · 1985 · 1986 · 1987 · 1988 · 1989

Or jump to a category: Failures · Mergers · Enforcement · Assistance