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 1, 1985	Peoples Savings and Loan Association of Battle Creek	MI	Independent Bank
Dec 1, 1985	Chem Pro Federal Credit Union	IL	Illiana Financial Credit Union
Dec 1, 1985	Moraine Mill Employees Federal Credit Union	OH	River Valley Credit Union, Inc.
Dec 1, 1985	Northwestern Financial Corporation	NC	Wachovia Corporation
Nov 30, 1985	Pacific Cascade Credit Union	WA	North Coast Credit Union
Nov 30, 1985	The Fayette County Bank	OH	The Fifth Third Bank of Columbus
Nov 30, 1985	Centurion Bancorp, Inc.	WV	Banc One West Virginia Corporation
Nov 29, 1985	Household Alamosa Industrial Bank	CO	Household Valley Industrial Bank
Nov 29, 1985	Carteret Bank and Trust Company	NJ	Peoples Bank, National Association
Nov 26, 1985	123 University Place Employees Federal Credit Union	PA	Greater Pittsburgh Federal Credit Union
Nov 23, 1985	Granada Bank	CA	First Security Bank of California, N.A.
Nov 23, 1985	The Beech Creek National Bank	PA	Commonwealth Bank
Nov 23, 1985	First Alabama Bank of Cullman	AL	Regions Bank
Nov 23, 1985	Lake County Methodist Hospital Employees Federal Credit Union	IN	Tech Credit Union
Nov 20, 1985	Elmira Rediform Federal Credit Union	NY	Finger Lakes Health Care Federal Credit Union
Nov 20, 1985	Agents Finance Finance Company Inc	VT	Chittenden Corporation
Nov 19, 1985	Illinois State Employees Credit Union	IL	Credit Union 1
Nov 19, 1985	Four Square Fcu	MS	Mutual Savings Credit Union
Nov 19, 1985	Cobble-Muse Empl Cu	TN	Parkridge Credit Union
Nov 19, 1985	Standard Furniture Fcu	AL	Mobile Educators Credit Union
Nov 19, 1985	American National Bank and Trust Co.	IL	AMCORE Bank, N.A.
Nov 18, 1985	Boatmen's Bank of Crestwood	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	(unnamed)	—	The Boatmen's National Bank of St. Louis
Nov 18, 1985	St. Bartholomews Parish Federal Credit Union	NY	Erie Metro Federal Credit Union
Nov 18, 1985	Boatmen's Bank of Concord Village	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Boatmen's National Bank of North St. Louis County	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Boatmen's Bank of St. Louis County	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	(unnamed)	—	Sky Bank
Nov 18, 1985	Boatmen's Hampton Bank	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Boatmen's Bank of Webster Groves	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Boatmen's Bank of Jennings	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Boatmen's Bank of West County	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Boatmen's Trust Company	MO	The Boatmen's National Bank of St. Louis
Nov 18, 1985	Rockford Bancorp Inc.	IL	AMCORE Financial, Inc.
Nov 16, 1985	First Alabama Bank of Selma, N. A.	AL	Regions Bank
Nov 15, 1985	Bay Plastics Federal Credit Union	OH	Vacationland Federal Credit Union
Nov 15, 1985	The Old Bank	KY	Bank of Danville and Trust Company
Nov 15, 1985	(unnamed)	—	Oxford Bank and Trust
Nov 15, 1985	Pni Employees Federal Credit Union	CA	Technology Credit Union
Nov 15, 1985	Laborers #348 Federal Credit Union	WA	Monad Federal Credit Union
Nov 13, 1985	Addison Bancshares, Inc.	IL	Affiliated Banc Group, Inc.
Nov 11, 1985	Basic Dolomite Employees Federal Credit Union	OH	Fremont Federal Credit Union
Nov 11, 1985	G.A. Employees Federal Credit Union	CA	Orange County's Federal Credit Union
Nov 9, 1985	First Alabama Bank of Troy, National Association	AL	Regions Bank
Nov 9, 1985	Town & Country Bank	CA	Farmers and Merchants Bank of Long Beach
Nov 8, 1985	Pan American Bank of Miami Shores, National Association	FL	Pan American Bank, National Association
Nov 8, 1985	Pan American Bank of Miami, National Association	FL	Pan American Bank, National Association
Nov 8, 1985	Pan American Bank of Dade County, National Association	FL	Pan American Bank, National Association
Nov 7, 1985	Danskin Federal Credit Union	PA	First Capital Federal Credit Union
Nov 5, 1985	Colonial Williamsburg Employees Federal Credit Union	VA	1st Advantage 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