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
Dec 19, 1986	Lakeland State Bank	Pequot Lakes, MN	$49.4M	Northern NB of Bemidji
Dec 19, 1986	Farmers State Bank	Lueders, TX	$9.7M	Farmers&merchants NB Mer
Dec 18, 1986	First Bank & Trust Co.	Booker, TX	$94.9M	First NB of Perryton
Dec 18, 1986	Landmark National Bank	Denver, CO	$12.9M	Omnibank Leetsdale
Dec 18, 1986	Lago Vista National Bank	Lago Vista, TX	$11.9M	Greater Texas Bank Leand
Dec 12, 1986	Guaranty Federal Bank FSB	Casper, WY	$63.8M	—
Dec 12, 1986	First Savings of America	Orland Park, IL	$47.0M	—
Dec 9, 1986	The Citizens Bank of Windsor	Windsor, MO	$24.8M	United Mo BK of Warrensb
Dec 5, 1986	Firstsouth FS&LA	Pine Bluff, AR	$1.68B	Home FS&LA
Dec 5, 1986	Cordell National Bank	Cordell, OK	$78.6M	City NB of Weatherford
Dec 4, 1986	Panhandle Bank & Trust Company	Borger, TX	$112.1M	Amarillo National Bank
Dec 4, 1986	Hays State Bank	Hays, KS	$27.8M	Farmers State Bank&trust
Dec 4, 1986	First National Bank of Stewartville	Stewartville, MN	$18.5M	Marquette Bank Rochester
Nov 20, 1986	First National Bank	Willows, CA	$63.0M	First Interstate CNTL Ba
Nov 20, 1986	Norman Bank of Commerce	Norman, OK	$43.5M	First Interstate BK of O
Nov 20, 1986	Texana National Bank of College	College Station, TX	$12.1M	First State Bank in Cald
Nov 14, 1986	The Bank of Northern California	San Jose, CA	$16.1M	Pacific Valley Bank
Nov 14, 1986	First National Bank of Temple	Temple, OK	$7.3M	Union NB of Oklahoma
Nov 13, 1986	The Hoxie State Bank	Hoxie, KS	$35.8M	Prairie State Bank
Nov 7, 1986	Metropolitan Bank & Trust Company	Baton Rouge, LA	$70.1M	Whitney NB of New Orlean
Nov 7, 1986	Chokio State Bank	Chokio, MN	$11.9M	First State Bank Chokio
Nov 6, 1986	The First National Bank & TR Co.	Enid, OK	$100.1M	—
Nov 6, 1986	The Home Bank	Savannah, MO	$39.1M	United Mo Bank of St Jos
Nov 6, 1986	First Stock Yards Bank	St. Joseph, MO	$31.6M	Bank of St Joseph
Nov 6, 1986	The Citizens State Bank	Donna, TX	$27.5M	Raymondville State Bank
Nov 5, 1986	Sedgwick County Bank	Julesburg, CO	$3.8M	First NB of Julesburg
Oct 31, 1986	Republic Bank	Blanchard, LA	$41.7M	American B&T Co in Monro
Oct 23, 1986	Security National Bank	Anchorage, AK	$41.8M	Rainier Bank Alaska N.A.
Oct 23, 1986	Bank of Gering	Gering, NE	$24.2M	First State Bank
Oct 23, 1986	Stillwater Community Bank	Stillwater, OK	$22.6M	Bank National Assn
Oct 17, 1986	Valley State Bank	Baggs, WY	$5.0M	—
Oct 10, 1986	Homestead S&LA	Woodward, OK	$135.0M	—
Oct 10, 1986	Unified Savings Bank	Northridge, CA	$102.8M	—
Oct 9, 1986	Independent National Bank	Covina, CA	$28.3M	Chino Valley Bank
Oct 3, 1986	Columbia Community Bank	Hermiston, OR	$5.3M	Inland Empire Bank
Oct 2, 1986	Missouri Farmers Bank	Mound City, MO	$26.0M	United Mo Bank of St Jos
Oct 2, 1986	Century National Bank	Houston, TX	$15.5M	Sterling Bank Willowbroo
Oct 2, 1986	Frontier National Bank	Vista, CA	$9.9M	Rancho Vista National Ba
Sep 26, 1986	American Bank & Trust Company	Lafayette, LA	$210.9M	Whitney NB of New Orlean
Sep 25, 1986	Heritage National Bank	Richardson, TX	$33.1M	Brookhollow National Ban
Sep 25, 1986	The Home State Bank	La Crosse, KS	$14.7M	Farmers B&T N.A.
Sep 19, 1986	Texas Bank & Trust Company	Lubbock, TX	$39.2M	Republicbank Lubbock N.A.
Sep 18, 1986	Texas Independence Bank	Pasadena, TX	$12.3M	Texas Independence Bank
Sep 12, 1986	Western S&LA	Dallas, TX	$1.96B	Sunbelt Savings, FSB
Sep 12, 1986	Ramona S&LA	Fillmore, CA	$108.1M	Midwest FS&LA of Minneapoli
Sep 10, 1986	Central Bank & Trust of Tulsa	Tulsa, OK	$80.1M	F&M Bank&trust Co
Sep 4, 1986	Western Bank	Midland, TX	$77.4M	United Bank National Ass
Sep 4, 1986	Fairview State Bank of Fairview	Fairview, OK	$24.0M	Community NB of Okarche
Aug 28, 1986	Buena Vista Bank & Trust Company	Buena Vista, CO	$32.8M	—
Aug 28, 1986	Albany State Bank	Albany, MO	$4.7M	United Mo Bank of St Jos

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?

983 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
Jul 2, 1986	Local 81 Electricians Federal Credit Union	PA	Penn East Federal Credit Union
Jul 2, 1986	First Community Bank - Castle Rock	WV	(unnamed)
Jul 2, 1986	First Community Bank - Castle Rock	WV	First Community Bank, Inc.
Jul 2, 1986	Connaught Federal Credit Union	PA	Ne Pa Community Federal Credit Union
Jul 2, 1986	Dick Employees Federal Credit Union	PA	Ctce Federal Credit Union
Jul 2, 1986	Teamsters Local 326 Federal Credit Union	DE	American Spirit Federal Credit Union
Jul 2, 1986	Greyhound Employees Federal Credit Union	PA	American Heritage Federal Credit Union
Jul 2, 1986	Friedmans Express Employees Federal Credit Union	PA	Ufcw Community Federal Credit Union
Jul 2, 1986	Nicholas Ranieri Federal Credit Union	PA	Philadelphia Federal Credit Union
Jul 2, 1986	Pottsville City Employees Federal Credit Union	PA	Ctce Federal Credit Union
Jul 1, 1986	Local 212 I.B.E.W Cincinnati Federal Credit Union	OH	Deca Credit Union, Inc.
Jul 1, 1986	North Country Bank	NH	First NH-White Mountain Bank
Jul 1, 1986	Christian Board Credit Union	MO	South Community Credit Union
Jul 1, 1986	O W S Federal Credit Union	PA	Galaxy Federal Credit Union
Jul 1, 1986	The First National Bank of Sharon	SC	First Citizens Bank and Trust Company, Inc.
Jul 1, 1986	Wyoming Feds Federal Credit Union	WY	WYHY Federal Credit Union
Jul 1, 1986	Lawnwood Med Cen Fcu	FL	Gold Coast Federal Credit Union
Jul 1, 1986	May-Cohens Empl Fcu	FL	Coastline Federal Credit Union
Jul 1, 1986	Northeast State Bank of Alabama	AL	FNB Bank
Jul 1, 1986	White Mountain National Bank of North Conway	NH	First NH-White Mountain Bank
Jul 1, 1986	Beaver State Bank	OR	KeyBank National Association
Jul 1, 1986	Erste Bershader K U V Federal Credit Union	NJ	L'Oreal USA Federal Credit Union
Jul 1, 1986	North Las Vegas Credit Union	NV	One Nevada Credit Union
Jul 1, 1986	Burroughs West Coast Federal Credit Union	CA	Genisys Credit Union dba Genisys Investment Services
Jul 1, 1986	Scripto Empl Ca Fcu	GA	Atlanta Federal Credit Union
Jul 1, 1986	Mount Pleasant Methodist Federal Credit Union	OH	Cory Methodist Church Credit Union, Inc.
Jul 1, 1986	Nez Perce Tractor Credit Union	ID	Clearwater Credit Union
Jul 1, 1986	American Bank of Tarkio, N.A.	MO	Mercantile Bank of North West Missouri
Jul 1, 1986	Mid-Central Credit Union	IL	Citizens Equity First Credit Union
Jul 1, 1986	Motor Coach Employees Credit Union	ID	Icon Credit Union
Jul 1, 1986	Engineered Prod Empl Cu	TN	Knoxville TVA Employees Credit Union
Jul 1, 1986	Plico Federal Credit Union	KS	New Century Credit Union
Jul 1, 1986	NFS Erwin Fcu	TN	Clinchfield Federal Credit Union
Jul 1, 1986	Farmers Bank and Trust Company	TN	Peoples Bank
Jul 1, 1986	State Bank of Portsmouth	IA	The Shelby County State Bank
Jul 1, 1986	First Missouri Bank of St. Peters, National Association	MO	First Bank
Jul 1, 1986	Armstrong County School Employees Federal Credit Union	PA	Armstrong County Federal Employees Federal Credit Union
Jul 1, 1986	First State Bank of Algoma	WI	(unnamed)
Jul 1, 1986	Unicoi County Mem Hosp Fcu	TN	Clinchfield Federal Credit Union
Jul 1, 1986	Steiger Employees Federal Credit Union	ND	United Savings Credit Union
Jul 1, 1986	Steel Industries Credit Union	ID	Westmark Credit Union
Jul 1, 1986	Saratoga Hospital Federal Credit Union	NY	Hudson River Community Credit Union
Jul 1, 1986	Victoria County Empl Cu	TX	Victoria City-County Employees Federal Credit Union
Jul 1, 1986	Milford Postal Employees Federal Credit Union	CT	Bridgeport Post Office Federal Credit Union
Jul 1, 1986	Kimco Employees Federal Credit Union	TN	Southern Security Federal Credit Union
Jul 1, 1986	Bank of Manchester	GA	Synovus Bank
Jul 1, 1986	Tower Federal Savings and Loan Association	PA	First Federal Savings and Loan Association of Pittsburgh
Jul 1, 1986	M P H Federal Credit Union	NJ	First Financial Federal Credit Union
Jul 1, 1986	Bucking Horse Federal Credit Union	WY	Western Vista Federal Credit Union
Jul 1, 1986	Midlantic National Bank/Cranbury	NJ	Midlantic National Bank/Merchants

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) · Synovus Bank (2 in 1986, 35 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)

The list holds 500 of the 983 mergers recorded for 1986.

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

1986 in US Banking

How many banks failed in 1986?

Which banks merged in 1986?

FDIC Open-Bank Assistance in 1986