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
Jul 30, 1985	Umdnj Federal Credit Union	NJ	North Jersey Federal Credit Union
Jul 30, 1985	Catawba County Employees Credit Union	NC	Civic Federal Credit Union
Jul 30, 1985	Guaranty Bancshares, Inc.	LA	Premier Bancorp, Incorporated
Jul 29, 1985	Jeannette Glass Federal Credit Union	PA	Kennametal Employees Federal Credit Union
Jul 29, 1985	Rome Municipal Employees Federal Credit Union	NY	Rome Federal Credit Union
Jul 25, 1985	Lawrence Federal Savings Association	KS	Columbia Savings Association, F.A.
Jul 25, 1985	South Bronx Federal Credit Union	NY	Bethex Federal Credit Union
Jul 23, 1985	Afco Empl Cu	TX	Tip of Texas Federal Credit Union
Jul 22, 1985	Forsyth Interim Bank	GA	Bank South, Macon
Jul 22, 1985	Independent Bank - South Michigan	MI	Independent Bank - South Michigan
Jul 22, 1985	Citizens National Bank of Follansbee	WV	WesBanco Bank, Inc.
Jul 20, 1985	First Virginia Bank - Hanover	VA	First Virginia Bank - Colonial
Jul 20, 1985	Deposit Bank & Trust Company, Pleasureville, Kentucky	KY	Republic Savings Bank, FSB
Jul 20, 1985	First Virginia Bank - Eastern Shore	VA	First Virginia Bank - Hampton Roads
Jul 19, 1985	Avondale Lafayette Empl Fcu	AL	Alatrust Credit Union
Jul 19, 1985	Opelika MFG Fcu	AL	Alatrust Credit Union
Jul 19, 1985	Bank of Boston - Middlesex	MA	Fleet National Bank
Jul 19, 1985	Schwenkesville Building & Loan Association	PA	Bally Savings Bank
Jul 19, 1985	Peoples Bank Building Co.	AK	Bank of America-Alaska, National Association
Jul 18, 1985	Cedar Key State Bank	FL	Barnett Bank of Marion County, National Association
Jul 18, 1985	Pittsburg Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 18, 1985	M-L Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 18, 1985	Salina Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 18, 1985	Olathe Bancshares, Inc.	KS	Fourth Financial Corporation
Jul 17, 1985	State Bank of Boyd	WI	Valley Bank, Menomonie
Jul 17, 1985	Schmidt Oil Employees Credit Union	WI	Fox Communities Credit Union
Jul 16, 1985	Coppes Federal Credit Union	IN	Chiphone Federal Credit Union
Jul 16, 1985	Capital City Federal Savings and Loan Association	DC	Meritor Savings Bank, F.A.
Jul 16, 1985	Viroqua Bancshares, Inc.	WI	The Baraboo Bancorporation, Inc.
Jul 15, 1985	Boyd's Credit Union	MO	Arsenal Credit Union
Jul 15, 1985	Hurst National Bank	TX	Bank of North Texas
Jul 13, 1985	Unity Loan and Building Company	OH	Amerifirst Bank, National Association
Jul 13, 1985	The Whitefield Savings Bank & Trust Company	NH	Indian Head Bank North
Jul 12, 1985	Kolux Employees Federal Credit Union	IN	Kokomo Heritage Federal Credit Union
Jul 12, 1985	Wisconsin State Bank	WI	First Bank Southeast of Lake Geneva, National Association
Jul 11, 1985	Farmers Bank of Sunbury	NC	First-Citizens Bank & Trust Company
Jul 11, 1985	First State Bancorporation	AL	Charter Holding Company, Inc.
Jul 10, 1985	Quality Cu	FL	Florida Credit Union
Jul 10, 1985	Frank Foundry Employees Federal Credit Union	IN	Primetrust Financial Federal Credit Union
Jul 10, 1985	Newton Securities Inc	WI	M&I LLC
Jul 10, 1985	Heritage Wisconsin Corporation	WI	M&I LLC
Jul 9, 1985	Center Place Savings Credit Union	MO	United Consumers Credit Union
Jul 8, 1985	St. Anthony of Padua Federal Credit Union	NY	Bethex Federal Credit Union
Jul 3, 1985	Rockville City Employees Federal Credit Union	MD	Skypoint Federal Credit Union
Jul 2, 1985	Htu No 14 Federal Credit Union	PA	Susquehanna Valley Federal Credit Union
Jul 2, 1985	City Federal Credit Union	NJ	United Financial Services Federal Credit Union
Jul 2, 1985	Inpaco Employees Federal Credit Union	PA	American Heritage Federal Credit Union
Jul 2, 1985	Iymba Federal Credit Union	PA	Northwood Federal Credit Union
Jul 2, 1985	Pittston Pa Postal Employees Federal Credit Union	PA	Corner Post Federal Credit Union
Jul 2, 1985	Saia Employees Federal Credit Union	PA	Pennsylvania Central 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