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
Oct 17, 1985	United National Bank	SD	First Premier Bank
Oct 16, 1985	Bank of Osseo	WI	United Bank
Oct 15, 1985	Blue River Bank	NE	Cornerstone Bank
Oct 15, 1985	The First National Bank of Bradshaw	NE	Cornerstone Bank
Oct 15, 1985	Rocky Mount City Employees Credit Union	NC	Civic Federal Credit Union
Oct 15, 1985	Farmers & Traders Bank	NE	Cornerstone Bank
Oct 15, 1985	Howard W Sams Federal Credit Union	IN	Indiana Members Credit Union
Oct 15, 1985	Ellenville Savings Bank	NY	Pawling Savings Bank
Oct 12, 1985	Prairie Farms Dairy Employees Credit Union	IL	Redbrand Credit Union
Oct 12, 1985	First Alabama Bank of Phenix City, N. A.	AL	Regions Bank
Oct 11, 1985	SunBank of South Dakota	SD	First Premier Bank
Oct 10, 1985	Sanford Muni Empl Cu	FL	Seminole Schools Federal Credit Union
Oct 10, 1985	Turner Dairies Cu	AL	Americas First Federal Credit Union
Oct 8, 1985	The First Community Bank-Winfield	WV	Peoples State Bank, National Association
Oct 8, 1985	The First Community Bank-Winfield	WV	(unnamed)
Oct 7, 1985	Cobble Chattanooga Cu	TN	Scenic Community Credit Union
Oct 7, 1985	Jersey City Civil Service Emp Federal Credit Union	NJ	Liberty Savings Federal Credit Union
Oct 7, 1985	Pioneer Credit Union of Quinter	KS	Golden Plains Credit Union
Oct 7, 1985	Medical Center Jersey City Federal Credit Union	NJ	Liberty Savings Federal Credit Union
Oct 4, 1985	Peoples Bank of Hillsborough County	FL	Citizens and Southern Bank of Tampa
Oct 4, 1985	First County Bank	FL	Citizens and Southern Bank of Tampa
Oct 3, 1985	Ohio Lumbermens Association Credit Union	OH	Universal 1 Credit Union, Inc.
Oct 1, 1985	Norwest Bank Norfolk, National Association	NE	Wells Fargo Bank Nebraska, National Association
Oct 1, 1985	Norwest Bank Omaha West	NE	Wells Fargo Bank Nebraska, National Association
Oct 1, 1985	(unnamed)	—	Wells Fargo Bank Nebraska, National Association
Oct 1, 1985	Columbia Valley Bank	WA	Cashmere Valley Bank
Oct 1, 1985	Pascagoula-Moss Point Bank	MS	Hancock Whitney Bank
Oct 1, 1985	The First National Bank of Smithton	IL	Magna Bank of Freeburg
Oct 1, 1985	The First National Bank of Coatesville	IN	Mid State Bank of Hendricks County
Oct 1, 1985	Lay Empl SVG & Loan Cu	GA	SharePlus Bank
Oct 1, 1985	Norwest Bank Grand Island, National Association	NE	Wells Fargo Bank Nebraska, National Association
Oct 1, 1985	The Arcanum National Bank	OH	Greenville National Bank
Oct 1, 1985	Citizens First National Bank of Hernando County	FL	(unnamed)
Oct 1, 1985	Norwest Bank Hastings, National Association	NE	Wells Fargo Bank Nebraska, National Association
Oct 1, 1985	Agh Empl Cu	GA	Excel Federal Credit Union
Oct 1, 1985	Mexico-Audrain Credit Union	MO	United Credit Union
Oct 1, 1985	United Bank, Inc.	WV	United Bank
Oct 1, 1985	Brookhaven Bank and Trust Company	MS	Trustmark Bank
Oct 1, 1985	The Mountain Trust Company	VT	Chittenden Trust Company
Oct 1, 1985	Medical Complex Cu	TN	Ten Credit Union
Oct 1, 1985	Bay City Times Credit Union	MI	Wildfire Credit Union
Oct 1, 1985	MBank Houston Southeast	TX	MBank Gulf Freeway, National Association
Oct 1, 1985	Union Central National Bank	WV	United Bank
Oct 1, 1985	United States Catholic Conference Federal Credit Union	DC	Ep Federal Credit Union
Oct 1, 1985	Bank of Lake Oswego	OR	United States National Bank of Oregon
Oct 1, 1985	First American National Bank of Chattanooga	TN	First American National Bank
Oct 1, 1985	Western Wayne Catholic Credit Union	MI	Wayne-Westland Federal Credit Union
Oct 1, 1985	Tastemark Credit Union	MO	Volt Credit Union
Oct 1, 1985	M&I Bank of Jamestown	WI	M&I Bank of Hilldale
Oct 1, 1985	Bosco Cu	TX	Resource One 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