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
May 31, 1985	Scroggin & Company Bank	Oak, NE	$3.6M	—
May 23, 1985	Northwest Bank	White Settlement, TX	$54.0M	Landmark Bank-Northwest
May 16, 1985	Bank of Newcastle	Newcastle, OK	$32.6M	Allied Oklahoma Bank N.A.
May 16, 1985	The Energy Bank, N.A.	Dallas, TX	$29.7M	Oaks Bank&trust Co
May 9, 1985	Story County State Bank	Story City, IA	$33.6M	Story County Bank&trust
May 3, 1985	Farmers State Bank	St. Joseph, MO	$50.9M	Farmers STB of Buchanan
May 3, 1985	Farmers Savings Bank	Massena, IA	$16.9M	Union National Bank
May 2, 1985	The Bank of Commerce	Chanute, KS	$66.8M	Bank of Commerce
Apr 26, 1985	First Enterprise Bank	Oakland, CA	$43.8M	—
Apr 26, 1985	Peoples State Bank	Odebolt, IA	$13.5M	Peoples Savings Bank
Apr 18, 1985	The Peoples National Bank of Lampasas	Lampasas, TX	$39.4M	United Peoples Bank
Apr 18, 1985	The First National Bank of Springfield	Springfield, CO	$15.3M	Baca State Bank
Apr 12, 1985	State S&LA	Salt Lake City, UT	$639.0M	—
Apr 12, 1985	South Coast Bank	Costa Mesa, CA	$31.3M	Harbor Bank
Apr 12, 1985	First State Bank of Elgin	Elgin, OR	$18.2M	United States NB of Oreg
Apr 10, 1985	State Bank of Alexandria	Alexandria, NE	$2.5M	—
Apr 5, 1985	Capistrano National Bank	San Juan Capistra, CA	$58.2M	Farmers&merchants BK Lon
Apr 4, 1985	Bank of Hunter	Hunter, OK	$3.0M	First NB in Tonkawa
Mar 29, 1985	Fidelity Bank of Denver	Denver, CO	$54.7M	American Bank of Commerc
Mar 25, 1985	Golden Valley Bank	Turlock, CA	$82.2M	Farmers&merchants BK CNT
Mar 15, 1985	Taylor State Bank	Emington, IL	$5.0M	First NB of Dwight
Mar 8, 1985	Western Community S&L	El Cerrito, CA	$110.6M	First United FSB
Mar 8, 1985	Citizens State Bank	Arapahoe, NE	$16.9M	Farmers&merchants Bank
Mar 8, 1985	Commercial State Bank	Afton, IA	$16.3M	Citizens Savings Bank
Mar 1, 1985	Halifax National Bank of Port Orange	Port Orange, FL	$38.6M	Barnett Bank of Volusia
Feb 19, 1985	Inwood State Bank	Inwood, IA	$8.1M	Security Savings Bank
Feb 15, 1985	Citizens State Bank of Fulda	Fulda, MN	$39.4M	Fulda State Bank
Feb 14, 1985	First National Bank of Eads	Eads, CO	$17.5M	Omnibank of Kiowa County
Feb 8, 1985	West Valley Bank	Woodland Hills, CA	$48.3M	First Interstate Bank LT
Feb 8, 1985	Peoples Bank & Trust Co.	Wartburg, TN	$24.4M	Citizens Bank&trust Co
Feb 7, 1985	First National Bank of Woodbine	Woodbine, IA	$25.8M	Iowa Savings Bank
Feb 7, 1985	Farmers National Bank of Erick	Erick, OK	$16.8M	First American Bank
Feb 1, 1985	Citizens Fidelity Bank	Bristol, TN	$18.2M	Energy Bank
Jan 25, 1985	The Steele State Bank	Cherokee, IA	$21.9M	Valley Bank&trust
Jan 24, 1985	First National Bank in Clarksville	Clarksville, TX	$35.0M	Citizens Bank
Jan 24, 1985	The First National Bank in Marlow	Marlow, OK	$27.4M	First NB in Marlow
Jan 11, 1985	Coast Community Bank	Harbor, OR	$9.1M	Security Bank of Coos Co
Jan 7, 1985	State Bank of Dannebrog	Dannebrog, NE	$4.9M	—
Jan 4, 1985	Citizens State Bank	Edgerton, WY	$2.9M	—

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
Dec 31, 1985	Saint Josephs Parkersburg Federal Credit Union	WV	West Virginia Central Federal Credit Union
Dec 31, 1985	PGL & Ogl Federal Credit Union	CA	Allied Trades Credit Union
Dec 31, 1985	Wellington Colorado Industrial Bank	CO	Fort Collins Colorado Industrial Bank
Dec 31, 1985	Northern Michigan Bank of Kingsford	MI	Northern Michigan Bank & Trust
Dec 31, 1985	The Citizens and Southern Bank of Thomaston	GA	NationsBank, National Association (South)
Dec 31, 1985	Home Federal Savings and Loan Association of Sioux City	IA	Vantus Bank
Dec 31, 1985	Volco Employees Federal Credit Union	NJ	Advanced Financial Federal Credit Union
Dec 31, 1985	Northern Michigan Bank of Marquette	MI	Northern Michigan Bank & Trust
Dec 31, 1985	Burton Auto Empl Cu	TX	Security First Federal Credit Union
Dec 31, 1985	Bank of Boston Trust Company of Arizona	AZ	Chase Trust Company of Arizona
Dec 31, 1985	B. H. V. Federal Credit Union	NY	Reliant Community Federal Credit Union
Dec 31, 1985	Georgia State Bank	GA	First Union Bank of Augusta
Dec 31, 1985	Bagdad Copper Credit Union	AZ	Oneaz Credit Union
Dec 31, 1985	Western Community Bank, National Association	WA	Western Community Bank
Dec 31, 1985	City Bank & Trust Company of Lincoln	NE	Havelock Bank
Dec 31, 1985	John Roberts Federal Credit Union	ME	Ocean Communities Federal Credit Union
Dec 31, 1985	Scituate Town Employees Federal Credit Union	MA	Hingham Federal Credit Union
Dec 31, 1985	Hoboken Postal Employees Credit Union	NJ	Liberty Savings Federal Credit Union
Dec 31, 1985	The Citizens and Southern Bank of Dublin	GA	NationsBank, National Association (South)
Dec 31, 1985	Gwinnett Bank & Trust Company	GA	First Georgia Bank
Dec 31, 1985	C & L Employees Federal Credit Union	CA	South Western Federal Credit Union
Dec 31, 1985	The Citizens and Southern Bank of West Georgia	GA	NationsBank, National Association (South)
Dec 31, 1985	St. Peter's Medical Center Emps Federal Credit Union	NJ	Members Connect Federal Credit Union
Dec 31, 1985	Manufacturers Hanover, National Association	NY	Manufacturers Hanover Trust Company
Dec 31, 1985	Hancon Federal Credit Union	NJ	County Excellence Federal Credit Union
Dec 31, 1985	The Citizens and Southern Newnan Bank	GA	NationsBank, National Association (South)
Dec 31, 1985	Western Ohio National Bank & Trust Company	OH	Heritage National Bank and Trust Company
Dec 31, 1985	Bank of Mount Hope	WV	Bank of Mount Hope, Inc.
Dec 31, 1985	NFP Martinsburg Federal Credit Union	WV	167th TFR Federal Credit Union
Dec 31, 1985	Gateway Knox Federal Credit Union	PA	Top Tier Federal Credit Union
Dec 31, 1985	The Citizens and Southern Bank of Albany	GA	NationsBank, National Association (South)
Dec 31, 1985	Frankfort Bancorporation, Inc.	IL	Banterra Corp
Dec 31, 1985	Crown Bancshares, Inc.	MO	Midamerican Corporation
Dec 31, 1985	GNB Corporation	PA	Pennbancorp
Dec 31, 1985	American Bancorp, Inc.	KY	Fifth Third Bancorp
Dec 31, 1985	Central Florida Bank Corporation	FL	First Union Corporation of Florida
Dec 31, 1985	Metter Financial Services, Inc.	GA	First Banking Company of Southeast Georgia
Dec 31, 1985	Shelby Bancshares, Inc.	AL	Regions Financial Corporation
Dec 31, 1985	Lancaster Bancshares, Inc.	WI	M&I Interim Corporation
Dec 30, 1985	Bayonne Texaco Employees Federal Credit Union	NJ	Liberty Savings Federal Credit Union
Dec 30, 1985	Bank of Central Pennsylvania	PA	Commonwealth Bank
Dec 30, 1985	Educators Investment Company of Kansas, Inc.	KS	Fourth Financial Corporation
Dec 30, 1985	Financial and Property Management, Inc.	KS	Fourth Financial Corporation
Dec 29, 1985	Nordson Corporation Credit Union	OH	Community Star Credit Union, Inc.
Dec 28, 1985	Sacramento Valley Bank, National Association	CA	Sacramento First National Bank
Dec 28, 1985	Family Credit Union	ME	Infinity Federal Credit Union
Dec 28, 1985	(unnamed)	—	First National Bank in Palm Beach
Dec 28, 1985	Virginia Southern Bank	VA	NationsBank, National Association
Dec 27, 1985	C C C 460 Federal Credit Union	IN	Allegius Federal Credit Union
Dec 27, 1985	Gaylord Investments, Inc.	KS	Osborne Investments, Inc.

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