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
Dec 20, 1985	First City Bank	Glendale, CA	$35.8M	Sterling Bank
Dec 20, 1985	State Bank of Frost	Frost, MN	$7.7M	Frost State Bank
Dec 19, 1985	Princeton State Bank	Princeton, MO	$18.4M	—
Dec 19, 1985	Farmers State Bank	Sargent, NE	$12.5M	First National Bank in O
Dec 19, 1985	Bank of Panama	Panama, NE	$4.4M	Farmers State Bank
Dec 19, 1985	Farmers & Merchants Bank	Comstock, NE	$3.3M	—
Dec 13, 1985	The First National Bank in Lincoln County	Ruidoso, NM	$32.0M	First NB of Ruidoso
Dec 13, 1985	Lake National Bank	Lake Ozark, MO	$19.8M	Central Lake State Bank
Dec 13, 1985	The Farmers State Bank of Barry County, Ex	Exeter, MO	$4.2M	Security Bank of SW Mo
Dec 6, 1985	State FS&LA	Corvallis, OR	$563.9M	Washington FS&LA
Dec 6, 1985	Guaranty S&LA	Harrison, AR	$451.4M	Superior Federal Bank, FSB
Dec 5, 1985	The Farmers and Merchants National Bank of	Hennessy, OK	$28.7M	—
Dec 5, 1985	Security State Bank	Broken Bow, NE	$8.0M	—
Dec 4, 1985	Citizens S&LA	Salem, OR	$239.7M	Freedom FS&LA
Nov 26, 1985	Usm (U.S. Mutual) S&LA	Ann Arbor, MI	$306.1M	Great Lakes Bancorp
Nov 22, 1985	California Heritage Bank	San Diego, CA	$24.1M	Grossmont Bank
Nov 22, 1985	Chester State Bank	Chester, TX	$11.7M	Bank of East Texas
Nov 22, 1985	Allen County Bank and Trust Company	Leo, IN	$10.9M	Indiana National Bank
Nov 21, 1985	The Farmers and Merchants State Bank of Ru	La Crosse, KS	$32.6M	—
Nov 21, 1985	Decataur County National Bank of Oberlin	Oberlin, KS	$18.4M	Bank of Oberlin
Nov 21, 1985	The Dill State Bank	Dill City, OK	$15.5M	Home State Bank
Nov 21, 1985	The Clarksdale Bank of Clarkdale	Clarksdale, MO	$6.2M	United Mo Bank of Clarks
Nov 14, 1985	First National Bank of Teague	Teague, TX	$32.0M	—
Nov 8, 1985	Northshore Bank	Houston, TX	$47.2M	Bank of Woodforest
Nov 8, 1985	Auburn Savings Bank	Auburn, IA	$6.8M	Carroll County State Ban
Nov 1, 1985	Yellowstone State Bank	Lander, WY	$18.7M	—
Nov 1, 1985	The Aurora Bank	Aurora, CO	$16.6M	Omnibank Iliff National
Nov 1, 1985	Early Savings Bank	Early, IA	$12.9M	Citizens 1st NB Storm La
Oct 18, 1985	Farmers Savings Bank	Davis, CA	$590.3M	—
Oct 18, 1985	The Citizens Bank	Ogden, UT	$93.5M	Commercial Security Bank
Oct 18, 1985	The Early Bank	Early, TX	$15.8M	Texas Bank
Oct 18, 1985	First State Bank	Jet, OK	$12.3M	Cleo State Bank
Oct 18, 1985	Farmers State Bank of Kanaranzi	Kanaranzi, MN	$3.9M	Citizens STB of Silver L
Oct 17, 1985	Farmers State Bank in Afton	Afton, OK	$10.8M	Security Bank&trust Co
Oct 11, 1985	The First National Bank of St. Joseph	St. Joseph, MO	$193.5M	Commerce BK of St Joseph
Oct 11, 1985	Saratoga State Bank	Saratoga, WY	$18.5M	First Wyoming Bank Sarat
Oct 10, 1985	Bank of Canton	Canton, OK	$22.4M	Community State Bank of Can
Oct 3, 1985	Tower Bank, N.A.	Hialeah Gardens, FL	$20.5M	Bayshore Bank of Florida
Sep 27, 1985	Western State Bank	Denton, TX	$27.8M	Texas Bank of Denton
Sep 27, 1985	The First Nationlal Bank in Terral	Terral, OK	$4.1M	—
Sep 25, 1985	The Sedan State Bank	Sedan, KS	$28.2M	—
Sep 18, 1985	Elba State Bank	Elba, NE	$4.7M	—
Sep 13, 1985	The First National Bank of Rockland	Ramapo, NY	$29.5M	First NB of Highland
Sep 12, 1985	Moncor Bank, N.A.	Roswell, NM	$33.3M	First NB of Chaves Count
Sep 12, 1985	First Security Bank of Dickson	Dickson, TN	$14.8M	Peoples Bank
Sep 6, 1985	Bank of Clifton	Clifton, CO	$10.9M	—
Sep 4, 1985	The Bank of Loretto	Loretto, TN	$25.6M	First Farmers&merchants
Aug 30, 1985	Westside FS&LA	Seattle, WA	$378.4M	Prudential Bank FSB
Aug 30, 1985	Moncor Bank, N.A.	Hobbs, NM	$229.3M	United Bank of Lea Count
Aug 28, 1985	Presidio S&LA	Porterville, CA	$284.5M	Gibralter Savings

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