Bank failures in 1981
FDIC-insured banks and savings institutions recorded 9 failures in 1981, according to the FDIC.
9 FDIC-insured banks and savings institutions failed in 1981 and 31 received FDIC assistance, the FDIC records, oldest first.
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| Institution | Assets | Estimated cost |
|---|---|---|
| HOME SA | $686.4 million | $73.6 million |
| FRANKLIN SA | $97.6 million | $1.6 million |
| SECURITY OF STATESVILLE | $15.7 million | Not published by the FDIC |
| THE DES PLAINES BANK | $46.5 million | $1.1 million |
| SOUTH SIDE BANK | $27.5 million | $3.5 million |
| PEOPLES BANKING COMPANY | $8.4 million | $435.0 thousand |
| GUARDIAN FSB | $125.9 million | $31.4 million |
| ARCTIC FS&LA | $40.5 million | $3.8 million |
| ECONOMY S&LA | $73.9 million | $22.0 million |
| NY & SUBURBAN FS&LA | $547.6 million | $145.8 million |
| FINANCIAL SECURITY S&LA | $63.8 million | $15.7 million |
| NORTHWEST COMMERCE BANK | $6.7 million | $1.0 million |
| COMMUNITY FS&LA | $22.9 million | $2.5 million |
| FIRST FS&LA OF NEW BERN | $57.4 million | $3.6 million |
| FIRST FINANCIAL FS&LA | $5.9 million | $1.8 million |
| COUNTY FS&LA | $144.1 million | $25.8 million |
| WEST SIDE FS&LA | $2.5 billion | $315.5 million |
| FIRST FS&LA OF ROCHESTER | $1.2 billion | Not published by the FDIC |
| FRANKLIN SOCIETY FS&LA | $947.4 million | $200.0 million |
| WASHINGTON FS&LA | $1.2 billion | $147.2 million |
| PERPETUAL S&LA | $49.7 million | $9.4 million |
| SOUTHWESTERN BANK | $5.3 million | $0 |
| LAFAYETTE FS&LA | $416.5 million | $799.3 million |
| RESERVE S&LA | $129.8 million | Not published by the FDIC |
| HIGH LAKES COMMUNITY BANK | $3.7 million | $1.2 million |
| MIDTOWN NATIONAL BANK | $10.6 million | $1.7 million |
| GREENWICH SAVINGS BANK | $2.5 billion | $678.4 million |
| FIRST FS&LA OF BROWARD COUNTY | $2.6 billion | -$253.0 thousand |
| FIRST FS&LA OF PUERTO RICO | Not published by the FDIC | Not published by the FDIC |
| PAN AMERICAN, FS&LA | $43.9 million | Not published by the FDIC |
| EMPIRE STATE FS&LA | $291.3 million | $10.0 million |
| GUARANTY FS&LA | $33.5 million | $48.9 thousand |
| CENTRAL SAVINGS BANK | $910.2 million | $32.9 million |
| PALOS S&LA | $98.0 million | Not published by the FDIC |
| MOHAWK S&LA | $91.1 million | $4.7 million |
| BOCA RATON FS&LA | $275.8 million | $8.8 million |
| HAMILTONIAN FS&LA | $239.5 million | $1.8 million |
| SECURITY FS&LA OF SIKESTON | $84.5 million | $795.1 thousand |
| SOUTHERN FS&LA OF BROWARD COUNTY | $615.4 million | $5.2 million |
| UNION DIME SAVINGS BANK | $1.5 billion | $61.5 million |
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