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
Oct 24, 1986	Red Lion School Employees Credit Union	PA	York Educational Federal Credit Union
Oct 24, 1986	Falstaff Brewing Corporation Credit Union	NE	Greater Omaha Federal Credit Union
Oct 24, 1986	Namsco Credit Union, Inc.	KY	Huntington C & O Railway Employees Federal Credit Union
Oct 24, 1986	Farmers Federal Savings and Loan Association	WV	Bank of the Hudson
Oct 24, 1986	First State Savings and Loan Association, F.A.	SC	Bank of the Hudson
Oct 24, 1986	Meps-Nacogdoches Employees Federal Credit Union	TX	East Texas Professional Credit Union
Oct 23, 1986	O.S.P. Employees Credit Union, Inc.	OH	Community Star Credit Union, Inc.
Oct 23, 1986	Unb Bancshares Inc	DC	James Madison Limited
Oct 23, 1986	Bremen Bancorp, Inc.	IL	Heritage Financial Services, Inc.
Oct 21, 1986	Supreme Sugar Fcu	LA	Iberville Federal Credit Union
Oct 19, 1986	Atlantic Savings and Loan Association	NC	Peoples Bank & Trust Company
Oct 18, 1986	Jeff Davis Bank	GA	Southeastern Bank
Oct 18, 1986	Jeff Davis Bancshares, Inc.	GA	Southeastern Banking Corporation
Oct 16, 1986	Linford Credit Union	UT	Salt Lake City Credit Union
Oct 11, 1986	National City Bank, Marion	OH	National City Bank of Columbus
Oct 11, 1986	Fidelity Bank of Southfield	MI	Fidelity Bank
Oct 11, 1986	Fidelity Bank of Bingham Farms	MI	Fidelity Bank
Oct 10, 1986	C Reiss Coal Employees Credit Union	WI	Sunrise Credit Union
Oct 9, 1986	Rheem No Cu	LA	Metrocare Federal Credit Union
Oct 8, 1986	Milwaukee Sanitarium Foundation Employees Credit Union	WI	Appletree Credit Union
Oct 8, 1986	O L M H Employees Federal Credit Union	IN	S M H Federal Credit Union
Oct 7, 1986	Local 527 Fcu	GA	Phenix Federal Credit Union
Oct 6, 1986	Burt Employees Federal Credit Union	OH	B F G Federal Credit Union
Oct 6, 1986	Repsco Employees Federal Credit Union	OK	Oil Capital Community Credit Union
Oct 6, 1986	First Midwest Bank/Lakehurst	IL	First Midwest Bank/Zion
Oct 4, 1986	United Coin Services Federal Credit Union	TX	Resource One Credit Union
Oct 3, 1986	Alaska Teamsters Federal Credit Union	AK	Denali Federal Credit Union
Oct 3, 1986	White Rock CMNTY Cu	TX	Garland Credit Union
Oct 2, 1986	Consolidated Public Employees Federal Credit Union	WY	Campco Federal Credit Union
Oct 2, 1986	Extension Credit Union	WV	Wvu Employees Federal Credit Union
Oct 2, 1986	Olph Bay Ridge Federal Credit Union	NY	System #1 Federal Credit Union
Oct 2, 1986	Inexco Credit Union	TX	Houston Area Central Credit Union
Oct 2, 1986	Thunderbird Capital Corporation	AZ	M&I LLC
Oct 2, 1986	M&I Thunderbird Acquisition Corp.	AZ	M&I LLC
Oct 1, 1986	Citizens State Bank	NE	Vistar Bank
Oct 1, 1986	Lincoln Bank East	NE	Vistar Bank
Oct 1, 1986	Sun Bank/Martin County, National Association	FL	Suntrust Bank, Treasure Coast, National Association
Oct 1, 1986	Leedex Federal Credit Union	IL	Alero Financial Credit Union
Oct 1, 1986	Alofs Employees Credit Union	MI	Allied Employers Credit Union
Oct 1, 1986	Fermangh Building & Loan Association	PA	Hill Financial Savings Association
Oct 1, 1986	Home Bank, Federal Savings Bank	NH	Home Bank Federal Savings Association
Oct 1, 1986	Denver Credit Union of U.P. Employees	CO	San Isabel Federal Credit Union
Oct 1, 1986	Mansfield Journal Company Employee Federal Credit Union	OH	Empire Affiliates Credit Union
Oct 1, 1986	Packard Federal Credit Union	IL	Dupage Credit Union
Oct 1, 1986	Tripifoods Federal Credit Union	NY	Empire One Federal Credit Union
Oct 1, 1986	The Bessemer National Bank	MI	First of America Bank - Gogebic, National Association
Oct 1, 1986	Friendly Service Credit Union	ME	Otis Federal Credit Union
Oct 1, 1986	Gilsonite Federal Credit Union	CO	Rio Grande Federal Credit Union
Oct 1, 1986	Bread & Butter Reserve Cooperative Credit Union	AZ	Oneaz Credit Union
Oct 1, 1986	Citizens Bank of Michigan City, Indiana	IN	Horizon Bank

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