Bank failures in 1980
FDIC-insured banks and savings institutions recorded 10 failures in 1980, according to the FDIC.
10 FDIC-insured banks and savings institutions failed in 1980 and 12 received FDIC assistance, the FDIC records, oldest first.
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| Institution | Assets | Estimated cost |
|---|---|---|
| BANK OF LAKE HELEN | $3.0 million | $87.8 thousand |
| FIRST S&LA | $33.2 million | $126.8 thousand |
| FIRST NATIONAL BK OF CARRINGTON | $12.4 million | $221.2 thousand |
| MOHAWK BK & TR CO. | $5.9 million | $221.4 thousand |
| WASHINGTON FS&LA | $376.4 million | Not published by the FDIC |
| FIRST PENNSYLVANIA BK, N.A. | $8.0 billion | $0 |
| CARLSBAD S&LA | $26.7 million | $1.5 million |
| TELEGRAPH S&LA | $264.5 million | Not published by the FDIC |
| CONTINENTAL S&LA | $74.9 million | Not published by the FDIC |
| THE CITIZENS STATE BANK | $2.0 million | $6.8 thousand |
| FIRST CALUMET CITY SAVINGS | $102.1 million | $14.6 million |
| CITY & COUNTY BK OF CAMPBELL CTY | $39.8 million | $8.1 million |
| MAYFLOWER FS&LA | $24.0 million | $1.9 million |
| UNIVERSITY FS&LA | $235.4 million | $1.2 million |
| THE MISSION STATE BK & TR CO. | $86.4 million | $15.0 million |
| SECURITY S&LA | $54.6 million | $2.0 million |
| THE METRO BK OF HUNTINGTON, INC. | $27.0 million | $2.3 million |
| THE ROCHELLE BK & TR CO. | $8.4 million | $777.7 thousand |
| FIRST OF NILES FS&LA | $131.8 million | $13.3 million |
| SIOUX CITY FS&LA | $25.4 million | Not published by the FDIC |
| CITIZENS STATE BK OF GALENA | $10.3 million | $973.8 thousand |
| EAST GADSDEN BANK | $44.0 million | $957.4 thousand |
Sources
- FDIC failures — every bank failure and assistance transaction since 1934 — Federal Deposit Insurance Corporation · Public domain — U.S. Government work · retrieved September 27, 2026
Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built
Data retrieved