1985 Bank Mergers, Failures & Enforcement Actions

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

Bank failures by state in 1985: Kansas (13) · Nebraska (13) · Oklahoma (13) · Texas (13) · California (11) · Iowa (11) · Missouri (9) · Colorado (7) · Louisiana (7) · Tennessee (7) · Minnesota (6) · Wyoming (5) · Oregon (4) · Florida (3) · New Mexico (3) · Arkansas (2) · Illinois (2) · New York (2) · Utah (2) · Alabama (1) · Indiana (1) · Michigan (1) · Montana (1) · Washington (1) · Wisconsin (1). Each state page lists every failure on record there.

Which banks merged in 1985?

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

See the fuller list: Bank mergers 1985 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Aug 15, 1985	Manchester Modes Employees Federal Credit Union	CT	Northeast Family Federal Credit Union
Aug 14, 1985	CFG Federal Credit Union	NJ	The Atlantic Federal Credit Union
Aug 14, 1985	Benedictine Federal Credit Union	NY	Ulster Federal Credit Union
Aug 12, 1985	Saint Vincent Depaul Parish Federal Credit Union	OH	Saint Colman & Affiliates Federal Credit Union
Aug 12, 1985	First Ruskin Bank	FL	Barnett Bank of Tampa
Aug 10, 1985	Cwtmpa Cu	TX	Members Trust of the Southwest Federal Credit Union
Aug 10, 1985	Hennepin Employees Credit Union	MN	Mid Minnesota Federal Credit Union
Aug 9, 1985	Austin St SCH Empl Cu	TX	Pecu
Aug 8, 1985	NWS Supply Group Fcu	TX	Carter Federal Credit Union
Aug 5, 1985	Cartech Employees Federal Credit Union	NJ	The Atlantic Federal Credit Union
Aug 5, 1985	M&M Metropolitan Area Federal Credit Union	NJ	The Atlantic Federal Credit Union
Aug 5, 1985	Pioneer Bank of Peoria	IL	First of America Bank-Illinois, National Association
Aug 2, 1985	Rifle Industrial Bank	CO	Glenwood Independent Bank
Aug 2, 1985	Mount Healthy Savings and Loan Association	OH	Highland Federal Savings Bank
Aug 1, 1985	Vintage Empl Fcu	GA	Excel Federal Credit Union
Aug 1, 1985	Commercial & Exchange Bank	GA	First Georgia Bank
Aug 1, 1985	Business Banking Corporation	OR	The Valley National Bank of Oregon
Aug 1, 1985	East O A Federal Credit Union	GA	Excel Federal Credit Union
Aug 1, 1985	Bank of Somerset	KY	Cumberland Security Bank, Inc.
Aug 1, 1985	Western National Bank	WA	Bank of America NW, National Association
Aug 1, 1985	Mcea Credit Union	OH	Associated School Employees Credit Union, Inc.
Aug 1, 1985	Va Supply Depot Federal Credit Union	NJ	Pinnacle Federal Credit Union
Aug 1, 1985	Western Heritage Federal Savings and Loan Association	OR	The Benj. Franklin Federal Savings and Loan Association
Aug 1, 1985	Wooster Diebold Credit Union	OH	Trupartner Credit Union, Inc.
Aug 1, 1985	BFG Progressive Federal Credit Union	OH	B F G Federal Credit Union
Aug 1, 1985	Supreme Cu	AL	Avadian Credit Union
Aug 1, 1985	First Federal Savings and Loan Association of Cincinnati	OH	Citizens Federal Bank, F.S.B., a Federal Savings Bank
Aug 1, 1985	WFSH Cu	TX	Union Square Credit Union
Aug 1, 1985	United Church Credit Union Inc	OH	Wright-Patt Credit Union, Inc.
Aug 1, 1985	Fairmont Glass Employees Federal Credit Union	IN	Indiana Members Credit Union
Aug 1, 1985	Witco Employees Credit Union	IL	Ambraw Federal Credit Union
Aug 1, 1985	H.B. Sherman Employees Credit Union	MI	Omni Community Credit Union
Aug 1, 1985	Gardner Employees Federal Credit Union	OH	River Valley Credit Union, Inc.
Aug 1, 1985	Episcopal Federal Credit Union	NJ	Greater Alliance Federal Credit Union
Aug 1, 1985	First Georgia Bank of Cobb County	GA	First Georgia Bank
Aug 1, 1985	Cass County School and Governmental Employees Credit Union	MI	Honor Credit Union dba Honor Investment Services
Aug 1, 1985	First National Bank of Gwinnett County	GA	Wachovia Bank of Georgia, National Association
Aug 1, 1985	The Rome Bank and Trust Company	GA	NationsBank, National Association (South)
Aug 1, 1985	First Gwinnett Bancshares, Inc.	GA	Wachovia Corporation of Georgia
Aug 1, 1985	Niceville Bankshares Corporation	FL	Barnett Banks, Inc.
Aug 1, 1985	Guaranty Commerce Corporation	LA	Hibernia Corporation
Jul 31, 1985	Dewitt First Federal Credit Union	NY	Americu Credit Union
Jul 31, 1985	Ad-Art Employees Federal Credit Union	CA	Financial Center Credit Union
Jul 31, 1985	Employees Credit Union of University Milk Machine	MN	Trades & Labor Federal Credit Union
Jul 31, 1985	Jeffries Employees Federal Credit Union	CA	La Financial Federal Credit Union
Jul 31, 1985	Northwest Sa	TX	Creditbanc Sa
Jul 31, 1985	I O F Nebraska Federal Credit Union	NE	Centris Federal Credit Union
Jul 31, 1985	Mid-South Bancorp, Inc.	TN	Suntrust Banks of Tennessee, Inc.
Jul 30, 1985	Maw Federal Credit Union	NY	Niagara's Choice Federal Credit Union
Jul 30, 1985	First American Trust Company	CA	First American Trust, FSB

Serial acquirers active in 1985: Regions Bank (8 in 1985, 110 on record) · NationsBank, National Association (South) (6 in 1985, 49 on record) · AmSouth Bank (5 in 1985, 36 on record) · Fleet National Bank (3 in 1985, 32 on record) · NationsBank of Florida, National Association (2 in 1985, 48 on record) · Wachovia Bank, N.A. (1 in 1985, 63 on record) · First-Citizens Bank & Trust Company (1 in 1985, 61 on record) · First Union National Bank of Florida (1 in 1985, 53 on record) · NationsBank, National Association (1 in 1985, 49 on record) · M&I Marshall and Ilsley Bank (1 in 1985, 48 on record)

The list holds 500 of the 1,032 mergers recorded for 1985.

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