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
May 29, 1986	The First National BK & TR Co. of Norman	Norman, OK	$73.2M	Liberty NB&T Co of Ok CI
May 29, 1986	The Lone Rock Bank, N.A.	Lone Rock, IA	$7.5M	Swea City State Bank
May 28, 1986	Roseland State Bank	Roseland, NE	$12.0M	Hastings State Bank
May 23, 1986	First State Bank & Trust Company	Edinburg, TX	$137.9M	NBC Bank-Edinburg
May 23, 1986	Sunshine State Bank	South Miami, FL	$109.4M	—
May 23, 1986	Centennial State Bank of Colorado	Englewood, CO	$20.4M	First Intrst BK Centenni
May 22, 1986	Consolidated Savings Bank	Irvine, CA	$84.4M	—
May 15, 1986	The Citizens State Bank of St. Francis	St. Francis, KS	$24.2M	St Francis State B&T Co
May 15, 1986	Saddleback National Bank	Laguna Hills, CA	$13.5M	Landmark Bank
May 9, 1986	First Bank & Trust of Idaho	Malad City, ID	$55.9M	Idaho First National Ban
May 9, 1986	Rainsville Bank	Rainsville, AL	$17.5M	Jacobs Bank
May 8, 1986	Bank of Commerce & Trust Company	Tulsa, OK	$182.7M	First NB&T Co of Tulsa
May 1, 1986	The Bedford National Bank	Bedford, IA	$19.3M	American National Bank
May 1, 1986	The First National Bank of Carter	Carter, OK	$7.3M	—
May 1, 1986	Bank of Nortonville	Nortonville, KS	$7.2M	Kendall State Bank
Apr 24, 1986	First National Bank of Irving	Irving, TX	$38.5M	City National Bank of Ir
Apr 24, 1986	The First National Bank of Bandera	Bandera, TX	$15.5M	Bandera Bank
Apr 22, 1986	Union County Bank	Maynardville, TN	$32.9M	Commercial BK Claiborne
Apr 18, 1986	Florida Center Bank	Orlando, FL	$78.9M	American NB of Florida
Apr 16, 1986	Summit S&LA	Park City, UT	$210.7M	—
Apr 14, 1986	Gateway SB	San Francisco, CA	$155.9M	—
Apr 11, 1986	Center National Bank	Los Angeles, CA	$47.7M	Independence Bank
Apr 10, 1986	The National Bank	Dyersville, IA	$43.0M	American Trust&savings B
Apr 10, 1986	The First National Bank of Ruston	Ruston, LA	$31.5M	Security First National
Apr 10, 1986	The Peoples Bank of Mercer	Mercer, MO	$10.4M	—
Apr 4, 1986	Mainland S&LA	Houston, TX	$1.00B	Heights of Texas FSB
Apr 3, 1986	Eddy County National Bank	Carlsbad, NM	$30.4M	United NM Bank at Carlsb
Apr 3, 1986	Industrial National Bank of East Chicago	East Chicago, IN	$8.4M	Mercantile NB of Indiana
Mar 28, 1986	Family Bank	Ogden, UT	$28.0M	Commercial Security Bank
Mar 28, 1986	Farmers & Merchants Bank of Huntsville	Huntsville, MO	$16.6M	City B&T Co of Moberly
Mar 27, 1986	Westwood S&LA	Los Angeles, CA	$583.2M	—
Mar 27, 1986	First State Bank	Memphis, TX	$17.0M	Memphis State Bank
Mar 27, 1986	Stockholm State Bank	Stockholm, SD	$7.2M	Community STB of Stockho
Mar 27, 1986	First State Bank	White Cloud, KS	$6.1M	Silver Lake Bank
Mar 21, 1986	Guaranty S&LA	Longview, WA	$22.3M	—
Mar 20, 1986	Williams Savings Bank	Williams, IA	$12.8M	Iowa Falls State Bank
Mar 14, 1986	Farmers & Merchants St BK of Lamberton	Lamberton, MN	$17.1M	American Bank Mankato
Mar 7, 1986	The Citizens Bank of Winigan	Winigan, MO	$6.5M	—
Mar 6, 1986	The City National Bank of Plainview	Plainview, TX	$48.4M	First NB of Plainview
Mar 6, 1986	The First National Bank of Tekamah	Tekamah, NE	$21.2M	Nebraska National Bank
Feb 27, 1986	The First National Bank of Gorman	Gorman, TX	$14.5M	Citizens State Bank
Feb 21, 1986	Capitol S&LA	Mount Pleasant, IA	$192.0M	Midwest FS&LA of Minneapoli
Feb 21, 1986	Elk City State Bank	Elk City, OK	$22.2M	—
Feb 21, 1986	First National Bank at Douglas	Douglas, WY	$14.0M	First Wyoming Bank-Dougl
Feb 14, 1986	American Diversified Savings Bank	Costa Mesa, CA	$978.6M	—
Feb 14, 1986	Park Bank of Florida	St. Petersburg, FL	$591.7M	Chase Bank of Florida N.A.
Feb 14, 1986	Intercapital S&LA	Jacksonville Beach, FL	$65.2M	—
Feb 14, 1986	First National Bank of Tipton	Tipton, IA	$17.9M	Citizens Savings Bank
Feb 14, 1986	Executive Center Bank, N.A.	Dallas, TX	$9.9M	—
Feb 12, 1986	MT. Whitney S&LA	Exeter, CA	$81.6M	Guardian S&LA

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