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
Jul 30, 1985	Umdnj Federal Credit Union	NJ	North Jersey Federal Credit Union
Jul 30, 1985	Catawba County Employees Credit Union	NC	Civic Federal Credit Union
Jul 30, 1985	Guaranty Bancshares, Inc.	LA	Premier Bancorp, Incorporated
Jul 29, 1985	Jeannette Glass Federal Credit Union	PA	Kennametal Employees Federal Credit Union
Jul 29, 1985	Rome Municipal Employees Federal Credit Union	NY	Rome Federal Credit Union
Jul 25, 1985	Lawrence Federal Savings Association	KS	Columbia Savings Association, F.A.
Jul 25, 1985	South Bronx Federal Credit Union	NY	Bethex Federal Credit Union
Jul 23, 1985	Afco Empl Cu	TX	Tip of Texas Federal Credit Union
Jul 22, 1985	Forsyth Interim Bank	GA	Bank South, Macon
Jul 22, 1985	Independent Bank - South Michigan	MI	Independent Bank - South Michigan
Jul 22, 1985	Citizens National Bank of Follansbee	WV	WesBanco Bank, Inc.
Jul 20, 1985	First Virginia Bank - Hanover	VA	First Virginia Bank - Colonial
Jul 20, 1985	Deposit Bank & Trust Company, Pleasureville, Kentucky	KY	Republic Savings Bank, FSB
Jul 20, 1985	First Virginia Bank - Eastern Shore	VA	First Virginia Bank - Hampton Roads
Jul 19, 1985	Avondale Lafayette Empl Fcu	AL	Alatrust Credit Union
Jul 19, 1985	Opelika MFG Fcu	AL	Alatrust Credit Union
Jul 19, 1985	Bank of Boston - Middlesex	MA	Fleet National Bank
Jul 19, 1985	Schwenkesville Building & Loan Association	PA	Bally Savings Bank
Jul 19, 1985	Peoples Bank Building Co.	AK	Bank of America-Alaska, National Association
Jul 18, 1985	Cedar Key State Bank	FL	Barnett Bank of Marion County, National Association
Jul 18, 1985	Pittsburg Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 18, 1985	M-L Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 18, 1985	Salina Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 18, 1985	Olathe Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 17, 1985	State Bank of Boyd	WI	Valley Bank, Menomonie
Jul 17, 1985	Schmidt Oil Employees Credit Union	WI	Fox Communities Credit Union
Jul 16, 1985	Coppes Federal Credit Union	IN	Chiphone Federal Credit Union
Jul 16, 1985	Capital City Federal Savings and Loan Association	DC	Meritor Savings Bank, F.A.
Jul 16, 1985	Viroqua Bancshares, Inc.	WI	The Baraboo Bancorporation, Inc.
Jul 15, 1985	Boyd's Credit Union	MO	Arsenal Credit Union
Jul 15, 1985	Hurst National Bank	TX	Bank of North Texas
Jul 13, 1985	Unity Loan and Building Company	OH	Amerifirst Bank, National Association
Jul 13, 1985	The Whitefield Savings Bank & Trust Company	NH	Indian Head Bank North
Jul 12, 1985	Kolux Employees Federal Credit Union	IN	Kokomo Heritage Federal Credit Union
Jul 12, 1985	Wisconsin State Bank	WI	First Bank Southeast of Lake Geneva, National Association
Jul 11, 1985	Farmers Bank of Sunbury	NC	First-Citizens Bank & Trust Company
Jul 11, 1985	First State Bancorporation	AL	Charter Holding Company, Inc.
Jul 10, 1985	Quality Cu	FL	Florida Credit Union
Jul 10, 1985	Frank Foundry Employees Federal Credit Union	IN	Primetrust Financial Federal Credit Union
Jul 10, 1985	Newton Securities Inc	WI	M&I LLC
Jul 10, 1985	Heritage Wisconsin Corporation	WI	M&I LLC
Jul 9, 1985	Center Place Savings Credit Union	MO	United Consumers Credit Union
Jul 8, 1985	St. Anthony of Padua Federal Credit Union	NY	Bethex Federal Credit Union
Jul 3, 1985	Rockville City Employees Federal Credit Union	MD	Skypoint Federal Credit Union
Jul 2, 1985	Htu No 14 Federal Credit Union	PA	Susquehanna Valley Federal Credit Union
Jul 2, 1985	City Federal Credit Union	NJ	United Financial Services Federal Credit Union
Jul 2, 1985	Inpaco Employees Federal Credit Union	PA	American Heritage Federal Credit Union
Jul 2, 1985	Iymba Federal Credit Union	PA	Northwood Federal Credit Union
Jul 2, 1985	Pittston Pa Postal Employees Federal Credit Union	PA	Corner Post Federal Credit Union
Jul 2, 1985	Saia Employees Federal Credit Union	PA	Pennsylvania Central Federal Credit Union

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