1986 Bank Mergers, Failures & Enforcement Actions

How many banks failed in 1986?

162 banks failed in 1986, with $15.31B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
Aug 28, 1986	American National Bank of Eastridge	Casper, WY	$4.4M	—
Aug 27, 1986	Metropolitan FS&LA	Hialeah, FL	$49.8M	—
Aug 21, 1986	United Bank of Minneapolis	Minneapolis, KS	$22.7M	Bennington State Bank
Aug 21, 1986	The First National Bank in Rifle	Rifle, CO	$17.6M	—
Aug 21, 1986	Danbury Bank	Danbury, TX	$9.4M	Danbury State Bank
Aug 20, 1986	Mendon State Bank	Mendon, IL	$18.9M	First Midwest Bank Quinc
Aug 14, 1986	Citizens National Bank & Trust Co	Oklahoma City, OK	$179.1M	Liberty NB&T Co of Ok CI
Aug 14, 1986	The State Exchange Bank	Yates Center, KS	$27.8M	Girard National Bank
Aug 8, 1986	Peninsula FS&LA	Soldotna, AK	$42.6M	—
Aug 8, 1986	Medicine Bow State Bank	Medicine Bow, WY	$4.8M	—
Aug 7, 1986	First Citizens Bank	Dallas, TX	$112.7M	Grand Bank Northeast
Aug 7, 1986	The First Nat Bank & Trust Co. of El Reno	El Reno, OK	$47.2M	American NB of Lawton
Aug 7, 1986	The Easton State Bank	Eston, KS	$17.2M	Fort National Bank
Aug 7, 1986	Graettinger State Bank	Graettinger, IA	$11.8M	Swea City State Bank
Jul 31, 1986	The Gering National Bank & Trust	Gering, NE	$70.2M	Scottsbluff NB&T Co
Jul 31, 1986	Citizens State Bank	Iowa Falls, IA	$54.0M	Green Belt Bank&trust
Jul 31, 1986	First National Bank in Cordell	Cordell, OK	$23.0M	—
Jul 31, 1986	Eden State Bank	Eden, TX	$13.3M	Eden State Bank
Jul 25, 1986	Central Illinois S&LA	Virden, IL	$47.6M	—
Jul 25, 1986	Major Federal S&LA	Cincinnati, OH	$25.0M	Charter Oak FSB
Jul 25, 1986	Mountain Valley Bank	Conifer, CO	$8.1M	Bank of Mountain Valley
Jul 25, 1986	The Bank of Park County	Bailey, CO	$6.0M	Bank of Mountain Valley
Jul 24, 1986	The First National Bank of Prairie City	Prairie City, IA	$18.9M	Security Bank
Jul 24, 1986	McCune State Bank	McCune, KS	$9.1M	City NB of Pittsburg
Jul 18, 1986	Permian Bank	Odessa, TX	$41.2M	—
Jul 18, 1986	Farmer's Bank	Trimble, TN	$21.4M	First Tennessee Bank N.A.
Jul 17, 1986	New Mexico National Bank	Albuquerque, NM	$159.3M	First Intrst BK Albuquer
Jul 17, 1986	The First National Bank of Sheridan	Sheridan, WY	$69.3M	First Wyoming Bank-Sheri
Jul 17, 1986	Fillmore County Bank	Geneva, NE	$12.0M	York State Bank&trust Co
Jul 17, 1986	The Bank of Kiowa	Kiowa, KS	$10.9M	—
Jul 17, 1986	Callao Community Bank	Callao, MO	$5.7M	Lafayette CNTY BK Lexing
Jul 14, 1986	The First Nat BK & TR Co. of Oklahoma	Oklahoma City, OK	$1.75B	First Intrst BK Ok CTY N
Jul 11, 1986	Farmers State Bank of Clarissa	Clarissa, MN	$17.9M	First STB of Rush City
Jul 2, 1986	National Bank of Texas	Austin, TX	$33.4M	—
Jun 27, 1986	Commercial State Bank	Pocahontas, IA	$47.9M	Citizens State Bank
Jun 27, 1986	Orange Coast Thrift & Loan Association	Los Alamitos, CA	$14.0M	Capitol Thrift&loan Assn
Jun 27, 1986	The Home State Bank	Rochester, TX	$9.2M	Home State Bank
Jun 26, 1986	Continental National Bank of Kentucky	Louisville, KY	$10.1M	River City Bank Inc
Jun 26, 1986	Union Deposit Bank	Union, KY	$5.8M	Central Trust Co
Jun 20, 1986	The American Bank	Alma, WI	$40.0M	Bank of Alma
Jun 19, 1986	First National Bank of Borger	Borger, TX	$80.1M	First NB of Borger
Jun 19, 1986	The First National Bank of Chanute	Chanute, KS	$45.4M	—
Jun 13, 1986	Bossier Bank & Trust Company	Bossier City, LA	$215.8M	First NB of Shreveport
Jun 13, 1986	The Bank of Commerce	Shreveport, LA	$75.4M	Peoples B&T Natchitoches
Jun 12, 1986	Petrobank, N.A.	Houston, TX	$35.5M	—
Jun 6, 1986	Security Bank of Glenrock	Glenrock, WY	$6.0M	—
Jun 5, 1986	The Citizens St Bank of McCracken	McCracken, KS	$11.4M	—
May 31, 1986	Seapointe S&LA	Carlsbad, CA	$17.3M	—
May 30, 1986	Bank of Columbia Falls	Columbia Falls, MT	$41.5M	First Citizens Bank N.A.
May 30, 1986	Banco de Ahorro, F.S.B.	Mayaguez, PR	$34.0M	Banco Popular de Puerto

Bank failures by state in 1986: Texas (28) · California (17) · Oklahoma (17) · Kansas (14) · Iowa (11) · Missouri (10) · Louisiana (8) · Wyoming (8) · Colorado (7) · Nebraska (6) · Florida (5) · Minnesota (5) · Utah (4) · Illinois (3) · Alaska (2) · Kentucky (2) · New Mexico (2) · Tennessee (2) · Alabama (1) · Arkansas (1) · Idaho (1) · Indiana (1) · Montana (1) · Ohio (1) · Oregon (1) · Puerto Rico (1) · South Dakota (1) · Washington (1) · Wisconsin (1). Each state page lists every failure on record there.

Which banks merged in 1986?

1,128 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1986.

See the fuller list: Bank mergers 1986 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
Dec 8, 1986	CPD Greenville Federal Credit Union	SC	Spero Financial Federal Credit Union
Dec 8, 1986	Tappan Springfield Empl Cu	TN	The Credit Union for Robertson County
Dec 8, 1986	Royal Employees Credit Union	CT	Quinebaug Valley Federal Credit Union
Dec 6, 1986	Aroostook Trust Company	ME	Maine National Bank
Dec 6, 1986	The Dirigo Bank and Trust Company	ME	Maine National Bank
Dec 5, 1986	Cardinal Mercier Credit Union	MI	Motor City Co-Op Credit Union
Dec 4, 1986	Cedars Employees Credit Union	FL	South Florida Federal Credit Union
Dec 4, 1986	Miners Savings Bank of Pittston	PA	First Eastern Bank, National Association
Dec 4, 1986	Gunter Park Fcu	AL	Max Credit Union
Dec 4, 1986	Union Hospital Federal Credit Union	MD	Cecil County School Employees Federal Credit Union
Dec 4, 1986	The Ludlow National Bank	MO	Citizens Bank and Trust Company
Dec 4, 1986	Mid South Bancshares N C Inc	NC	Peoples Bancorporation
Dec 3, 1986	M U J Credit Union	IL	Rock Valley Credit Union
Dec 2, 1986	Kennedys Piggly Wiggly Credit Union	VA	Beacon Credit Union Incorporated
Dec 2, 1986	National InterCity Bank	CA	Silicon Valley Bank
Dec 2, 1986	The American Bank of Jackson County	MS	Union Planters Bank of Mississippi
Dec 2, 1986	S.G.H. Federal Credit Union	PA	Pittsburgh Central Federal Credit Union
Dec 2, 1986	CNB Financial Corp.	IN	Norwest Indiana, Inc.
Dec 2, 1986	NCH Credit Union	VA	Prime Care Credit Union, Incorporated
Dec 2, 1986	Miami Kyso Cu	FL	Stan-O-Jax Cu
Dec 1, 1986	Sexton Atlanta Empl Cu	GA	Eastern Financial Florida Credit Union, a Division of Space Coast Credit Union
Dec 1, 1986	Upland Savings and Loan Association	CA	Homefed Bank, Federal Association
Dec 1, 1986	The Commercial Bank	IN	NBD Bank, National Association
Dec 1, 1986	Bank of Glenpool	OK	First Bank and Trust Company
Dec 1, 1986	Central New York Federal Credit Union	NY	Utica Community Federal Credit Union
Dec 1, 1986	Global Union Bank	NY	The Hongkong and Shanghai Banking Corporation Limited
Dec 1, 1986	Valley Wholesalers Credit Union	ID	Clearwater Credit Union
Dec 1, 1986	Bohemian Savings Bank	IA	Community First National Bank
Dec 1, 1986	Allis Chalmers Employees Credit Union	IL	Sherwin Williams Employees Credit Union
Dec 1, 1986	American Bank of Richmond	MO	American Bank
Dec 1, 1986	Missouri Rolling Mills Employees Credit Union	MO	West Community Credit Union
Dec 1, 1986	Bank of Boulder Hill	IL	The Merchants National Bank of Aurora
Dec 1, 1986	American Bank of Raytown	MO	American Bank
Dec 1, 1986	R B C Federal Credit Union	IL	Alero Financial Credit Union
Dec 1, 1986	First National Bank of DeSoto County	MS	Deposit Guaranty National Bank
Dec 1, 1986	Bank of Pilot Mountain	NC	The Planters National Bank and Trust Company
Dec 1, 1986	Andrews Bank & Trust Company	SC	NationsBank of South Carolina, National Association
Dec 1, 1986	The Brentwood Bank, Brentwood, Missouri	MO	(unnamed)
Dec 1, 1986	SMW Local #124 Federal Credit Union	OK	Oklahoma Building Trades Federal Credit Union
Dec 1, 1986	Laurel American Bank	MO	American Bank
Dec 1, 1986	American Bank of Higginsville	MO	American Bank
Dec 1, 1986	Chilrossco Credit Union, Inc.	OH	Universal 1 Credit Union, Inc.
Dec 1, 1986	Budd Employees Federal Credit Union	MI	Credit Union One
Dec 1, 1986	Bay CMNTY Cu	FL	Floridacentral Credit Union
Dec 1, 1986	Commercial Bancshares, Inc.	NJ	Summit Bancorp.
Dec 1, 1986	Citibanc Holding Company, Inc.	OK	BancFirst Corporation
Dec 1, 1986	Allis Chalmers Credit Union	WI	Community First Credit Union
Nov 30, 1986	Peco Empl Fcu	AL	Alabama Central Credit Union
Nov 30, 1986	Saint John's Baptist Bakersfield Federal Credit Union	CA	Espeeco Federal Credit Union
Nov 30, 1986	Walker Scott Employees Federal Credit Union	CA	North Island Financial Credit Union

Serial acquirers active in 1986: Regions Bank (3 in 1986, 110 on record) · First Union National Bank of Florida (2 in 1986, 53 on record) · Colonial Bank (2 in 1986, 47 on record) · Southeast Bank, N.A. (2 in 1986, 42 on record) · PNC Bank, N.A. (1 in 1986, 57 on record) · NationsBank, National Association (South) (1 in 1986, 49 on record) · NationsBank of Florida, National Association (1 in 1986, 48 on record) · National City Bank of Columbus (1 in 1986, 43 on record) · Florida National Bank (1 in 1986, 36 on record) · Synovus Bank (1 in 1986, 35 on record)

The list holds 500 of the 1,128 mergers recorded for 1986.

Enforcement Actions in 1986

Action date	Agency	Institution	Action
Oct 16, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Sep 23, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Aug 12, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Aug 12, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Aug 7, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Jul 29, 1986	FDIC	An individual	Cease and Desist / Consent Orders: Redacted
Jul 29, 1986	FDIC	An individual	Order to Cease and Desist: Redacted
Jul 1, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Jun 30, 1986	FDIC	An individual	Removal/Prohibition Order: Redacted
Jun 16, 1986	FDIC	An individual	Cease and Desist / Consent Orders: Redacted
Jun 3, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
May 5, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Apr 7, 1986	FDIC	An individual	Assessment of Civil Money Penalty: Redacted
Mar 24, 1986	FDIC	An individual	Cease and Desist / Consent Orders: Redacted
Feb 19, 1986	FDIC	An individual	Assessment of Civil Money Penalty;Cease and Desist / Consent Orders: Redacted

FDIC Open-Bank Assistance in 1986

Date	Institution	HQ	Assets
Dec 31, 1986	Lincoln FS&LA	Louisville, KY	$460.8M
Dec 31, 1986	Citizens Bank & Trust Company	Arcadia, LA	$10.4M
Dec 29, 1986	Bank of Kansas City	Kansas City, MO	$114.1M
Dec 22, 1986	St. Louis FS&LA	Clayton, MO	$955.4M
Dec 16, 1986	Barron County FS&LA	Barron, WI	$158.2M
Nov 26, 1986	Bank of Commerce	Morristown, TN	$66.6M
Nov 24, 1986	Bank of Oklahoma, Okla. City, N.A.	Oklahoma City, OK	$468.2M
Nov 21, 1986	Gulf Federal Savings Bank	Metairie, LA	$499.1M
Nov 21, 1986	First Security S&LA	Grand Junction, CO	$55.2M
Oct 31, 1986	Family FS&LA	Saginaw, MI	$338.9M
Oct 23, 1986	Farmers FS&LA	Ravenswood, WV	$131.3M
Oct 23, 1986	First State S&LA	Spartansburg, SC	$78.8M
Oct 1, 1986	Republic Savings Bank	South Beloit, IL	$56.8M
Sep 19, 1986	Cal America S&LA	Walnut Creek, CA	$413.0M
Sep 11, 1986	De Vargas S&LA Bank	Santa Fe, NM	$19.1M
Aug 30, 1986	Mid Valley Bank	Omak, WA	$39.1M
Aug 29, 1986	Citizens FS&LA	Cleveland, OH	$434.8M
Aug 29, 1986	Dollar Savings Bank	Columbus, OH	$334.3M
Aug 29, 1986	First Sa of Kilgore	Kilgore, TX	$21.6M
Aug 27, 1986	Reserve S&LA	Witchita, KS	$21.5M
Aug 15, 1986	State Bank of Westphalia	Westphalia, KS	$4.8M
Aug 1, 1986	National Permanent Bank FSB	Washington, DC	$1.03B
Jul 23, 1986	Lincoln S&LA	Portland, OR	$261.7M
Jul 18, 1986	Sun S&LA	San Diego, CA	$370.9M
Jul 14, 1986	Atlas S&LA	San Francisco, CA	$76.4M
Jul 9, 1986	Equitable FSB	Lancaster, OH	$691.5M
Jun 27, 1986	The State S&L Co.	Euclid, OH	$381.7M
Jun 27, 1986	Citizens Home Savings Company	Lorain, OH	$156.1M
Jun 6, 1986	Mountain Security SB	Wytheville, VA	$125.3M
Jun 6, 1986	First of Montgomery County	Blacksburg, VA	$14.5M
Apr 30, 1986	Washington First FS&LA	St. Louis, MO	$57.5M
Apr 16, 1986	The Talmage State Bank	Talmage, KS	$9.3M
Apr 14, 1986	Columbus S&LA	San Rafael, CA	$271.5M
Apr 14, 1986	First American S&LA	Benton, IL	$80.6M
Mar 28, 1986	United Bank, SSB	San Francisco, CA	$590.2M
Mar 20, 1986	First FS&LA of Redding	Redding, CA	$39.6M
Mar 20, 1986	Hacienda FS&LA	Oxnard, CA	$34.5M
Mar 14, 1986	Mercury S&LA of Texas	Wichita Falls, TX	$664.0M
Mar 14, 1986	Ben Milam S&LA	Cameron, TX	$306.0M
Feb 7, 1986	Coronado FS&LA	Kansas City, KS	$12.7M
Jan 31, 1986	Great West S&LA	Las Vegas, NV	$52.1M
Jan 2, 1986	First FS&LA	Ashtabula, OH	$52.8M