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
Aug 15, 1985	Manchester Modes Employees Federal Credit Union	CT	Northeast Family Federal Credit Union
Aug 14, 1985	CFG Federal Credit Union	NJ	The Atlantic Federal Credit Union
Aug 14, 1985	Benedictine Federal Credit Union	NY	Ulster Federal Credit Union
Aug 12, 1985	Saint Vincent Depaul Parish Federal Credit Union	OH	Saint Colman & Affiliates Federal Credit Union
Aug 12, 1985	First Ruskin Bank	FL	Barnett Bank of Tampa
Aug 10, 1985	Cwtmpa Cu	TX	Members Trust of the Southwest Federal Credit Union
Aug 10, 1985	Hennepin Employees Credit Union	MN	Mid Minnesota Federal Credit Union
Aug 9, 1985	Austin St SCH Empl Cu	TX	Pecu
Aug 8, 1985	NWS Supply Group Fcu	TX	Carter Federal Credit Union
Aug 5, 1985	Cartech Employees Federal Credit Union	NJ	The Atlantic Federal Credit Union
Aug 5, 1985	M&M Metropolitan Area Federal Credit Union	NJ	The Atlantic Federal Credit Union
Aug 5, 1985	Pioneer Bank of Peoria	IL	First of America Bank-Illinois, National Association
Aug 2, 1985	Rifle Industrial Bank	CO	Glenwood Independent Bank
Aug 2, 1985	Mount Healthy Savings and Loan Association	OH	Highland Federal Savings Bank
Aug 1, 1985	Vintage Empl Fcu	GA	Excel Federal Credit Union
Aug 1, 1985	Commercial & Exchange Bank	GA	First Georgia Bank
Aug 1, 1985	Business Banking Corporation	OR	The Valley National Bank of Oregon
Aug 1, 1985	East O A Federal Credit Union	GA	Excel Federal Credit Union
Aug 1, 1985	Bank of Somerset	KY	Cumberland Security Bank, Inc.
Aug 1, 1985	Western National Bank	WA	Bank of America NW, National Association
Aug 1, 1985	Mcea Credit Union	OH	Associated School Employees Credit Union, Inc.
Aug 1, 1985	Va Supply Depot Federal Credit Union	NJ	Pinnacle Federal Credit Union
Aug 1, 1985	Western Heritage Federal Savings and Loan Association	OR	The Benj. Franklin Federal Savings and Loan Association
Aug 1, 1985	Wooster Diebold Credit Union	OH	Trupartner Credit Union, Inc.
Aug 1, 1985	BFG Progressive Federal Credit Union	OH	B F G Federal Credit Union
Aug 1, 1985	Supreme Cu	AL	Avadian Credit Union
Aug 1, 1985	First Federal Savings and Loan Association of Cincinnati	OH	Citizens Federal Bank, F.S.B., a Federal Savings Bank
Aug 1, 1985	WFSH Cu	TX	Union Square Credit Union
Aug 1, 1985	United Church Credit Union Inc	OH	Wright-Patt Credit Union, Inc.
Aug 1, 1985	Fairmont Glass Employees Federal Credit Union	IN	Indiana Members Credit Union
Aug 1, 1985	Witco Employees Credit Union	IL	Ambraw Federal Credit Union
Aug 1, 1985	H.B. Sherman Employees Credit Union	MI	Omni Community Credit Union
Aug 1, 1985	Gardner Employees Federal Credit Union	OH	River Valley Credit Union, Inc.
Aug 1, 1985	Episcopal Federal Credit Union	NJ	Greater Alliance Federal Credit Union
Aug 1, 1985	First Georgia Bank of Cobb County	GA	First Georgia Bank
Aug 1, 1985	Cass County School and Governmental Employees Credit Union	MI	Honor Credit Union dba Honor Investment Services
Aug 1, 1985	First National Bank of Gwinnett County	GA	Wachovia Bank of Georgia, National Association
Aug 1, 1985	The Rome Bank and Trust Company	GA	NationsBank, National Association (South)
Aug 1, 1985	First Gwinnett Bancshares, Inc.	GA	Wachovia Corporation of Georgia
Aug 1, 1985	Niceville Bankshares Corporation	FL	Barnett Banks, Inc.
Aug 1, 1985	Guaranty Commerce Corporation	LA	Hibernia Corporation
Jul 31, 1985	Dewitt First Federal Credit Union	NY	Americu Credit Union
Jul 31, 1985	Ad-Art Employees Federal Credit Union	CA	Financial Center Credit Union
Jul 31, 1985	Employees Credit Union of University Milk Machine	MN	Trades & Labor Federal Credit Union
Jul 31, 1985	Jeffries Employees Federal Credit Union	CA	La Financial Federal Credit Union
Jul 31, 1985	Northwest Sa	TX	Creditbanc Sa
Jul 31, 1985	I O F Nebraska Federal Credit Union	NE	Centris Federal Credit Union
Jul 31, 1985	Mid-South Bancorp, Inc.	TN	Suntrust Banks of Tennessee, Inc.
Jul 30, 1985	Maw Federal Credit Union	NY	Niagara's Choice Federal Credit Union
Jul 30, 1985	First American Trust Company	CA	First American Trust, FSB

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