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
Sep 30, 1986	M-F-W Credit Union	PA	Pennsylvania Central Federal Credit Union
Sep 30, 1986	Security National Corporation	DC	Signet Banking Corporation
Sep 29, 1986	News Page Federal Credit Union	MD	Central Credit Union of Maryland
Sep 29, 1986	Ancient Age Employees Federal Credit Union	KY	Lexington Blue Grass Federal Credit Union
Sep 29, 1986	Westchester Savings and Loan Association	NY	HSBC Bank USA, N.A.
Sep 29, 1986	Foremost Thrift Federal Credit Union	TX	Select Federal Credit Union
Sep 25, 1986	Lake Hiawatha Federal Credit Union	NJ	Garden Savings Federal Credit Union
Sep 25, 1986	Nhca Employees Federal Credit Union	NY	Niagara Frontier State Employees Federal Credit Union
Sep 25, 1986	Security National Bank	MA	Bank of New England, N.A.
Sep 23, 1986	Greece Central School District Credit Union	NY	Greece Community Federal Credit Union
Sep 23, 1986	Srce Federal Credit Union	SC	Allsouth Federal Credit Union
Sep 23, 1986	N. D. S. Federal Credit Union	NJ	Colonial N.J. Federal Credit Union
Sep 22, 1986	St. Marks (Montclair) Federal Credit Union	NJ	L'Oreal USA Federal Credit Union
Sep 20, 1986	Shelby State Bank	AL	Regions Bank
Sep 19, 1986	Van Huffel Fcu	PA	Oil Region Federal Credit Union
Sep 18, 1986	First State Bank of Albertville	AL	The Colonial Bank of North Alabama
Sep 17, 1986	Passaic County Employees Credit Union	NJ	North Jersey Federal Credit Union
Sep 16, 1986	Jersey City Post Office Cu	NJ	Liberty Savings Federal Credit Union
Sep 15, 1986	Western Savings Association	TX	Western Federal Savings & Loan Association
Sep 15, 1986	Citicorp Person-To-Person Financial Center of Utah	UT	Citibank (Utah)
Sep 15, 1986	Industrial Valley Bank and Trust Company	PA	First Fidelity Bank, National Association, Pennsylvania
Sep 15, 1986	Stanadyne Chicago Credit Union	IL	Dynamic Credit Union
Sep 15, 1986	The Oak Mound Bank	WV	Community Bank & Trust
Sep 11, 1986	Sun Fcu	FL	Florida USA Federal Cu
Sep 9, 1986	Mount Blue Federal Credit Union	ME	Franklin-Somerset Federal Credit Union
Sep 9, 1986	J & L Polishing Federal Credit Union	PA	Pittsburgh Central Federal Credit Union
Sep 8, 1986	Dakota State Bank, of Tripp, South Dakota	SD	First State Bank
Sep 5, 1986	Cannon Mills Company Employees Federal Credit Union	NC	Southern Select Community Cu
Sep 4, 1986	The First National Bank of Howard	PA	Commonwealth Bank
Sep 4, 1986	Concor Federal Credit Union	OH	Best Reward Federal Credit Union
Sep 3, 1986	Terrebonne Parish Police Jury Emp Cu	LA	First Industrial Federal Credit Union
Sep 2, 1986	Citizens Savings and Loan Association	VA	Investors Federal Savings Bank
Sep 2, 1986	Sedalia Mo Pac Employees Credit Union	MO	Central Missouri Community Credit Union
Sep 2, 1986	Lloyds Bank California	CA	United California Bank
Sep 1, 1986	Fannin County Bank	GA	NationsBank, National Association (South)
Sep 1, 1986	Montclair Public Employees Federal Credit Union	CA	Arrowhead Federal Credit Union
Sep 1, 1986	Capital City Products Employees Credit Union, Inc.	OH	Bmi Federal Credit Union
Sep 1, 1986	Danville Telco Federal Credit Union	VA	Urw Community Federal Credit Union
Sep 1, 1986	Saint Anthony Depadua Federal Credit Union	IL	Healthcare Associates Credit Union
Sep 1, 1986	North Idaho Electronics Credit Union	ID	Public Employees Credit Union
Sep 1, 1986	Abex Employees Credit Union	VA	Winchester Community Federal Credit Union
Sep 1, 1986	Gentel Credit Union, Inc.	OH	Alero Financial Credit Union
Sep 1, 1986	Rock Island Area School Credit Union	IL	I. H. Mississippi Valley Credit Union
Sep 1, 1986	Phillips County Federal Credit Union	MT	United Montana Federal Credit Union
Aug 31, 1986	Smith Valve Employees Federal Credit Union	MA	Tremont Credit Union
Aug 31, 1986	Technicare Federal Credit Union	OH	B F G Federal Credit Union
Aug 30, 1986	The Fidelity Bank of Indiana	IN	NBD Bank, National Association
Aug 30, 1986	United Bank of Southpark, N.A.	CO	Norwest Bank Littleton, National Association
Aug 30, 1986	Bank of West Virginia	WV	One Valley Bank, National Association
Aug 30, 1986	Virginia Mutual Employees Federal Credit Union	VA	Richmond Heritage Federal 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