Bank failures in 1981
40 FDIC-insured institutions failed in 1981.
| Bank | Location | Date | Deposits (pre-failure) | Assets (pre-failure) |
|---|---|---|---|---|
| Union Dime Savings Bank | New York, New York | December 18, 1981 | $1.3B | $1.5B |
| Southern Fs&La of Broward County | Pompano Beach, Florida | December 17, 1981 | $496M | $615M |
| Security Fs&La of Sikeston | Sikeston, Missouri | December 17, 1981 | $67M | $84M |
| Hamiltonian Fs&La | Ladue, Missouri | December 17, 1981 | $199M | $240M |
| Mohawk S&La | Newark, New Jersey | December 9, 1981 | $76M | $91M |
| Boca Raton Fs&La | Boca Raton, Florida | December 9, 1981 | $236M | $276M |
| Palos S&La | Palos Heights, Illinois | December 5, 1981 | $81M | $98M |
| Central Savings Bank | New York, New York | December 4, 1981 | $699M | $910M |
| Guaranty Fs&La | Baton Rouge, Louisiana | November 30, 1981 | $29M | $33M |
| Empire State Fs&La | White Plains, New York | November 30, 1981 | $217M | $291M |
| Pan American, Fs&La | Rio Piedras, Puerto Rico | November 20, 1981 | $32M | $44M |
| First Fs&La of Puerto Rico | Santurce, Puerto Rico | November 20, 1981 | — | — |
| First Fs&La of Broward County | Ft. Lauderdale, Florida | November 19, 1981 | $1.9B | $2.6B |
| Greenwich Savings Bank | New York, New York | November 4, 1981 | $2.0B | $2.5B |
| Midtown National Bank | Pueblo, Colorado | October 30, 1981 | $10M | $11M |
| High Lakes Community Bank | La Pine, Oregon | October 23, 1981 | $3M | $4M |
| Reserve S&La | Elmhurst, Illinois | October 7, 1981 | $100M | $130M |
| Lafayette Fs&La | Warson Woods, Missouri | October 2, 1981 | $254M | $416M |
| Southwestern Bank | Tucson, Arizona | September 25, 1981 | $5M | $5M |
| Perpetual S&La | Rapid City, South Dakota | September 15, 1981 | $39M | $50M |
| West Side Fs&La | New York, New York | September 8, 1981 | $2.0B | $2.5B |
| Washington Fs&La | Miami Beach, Florida | September 8, 1981 | $914M | $1.2B |
| Franklin Society Fs&La | New York, New York | September 8, 1981 | $704M | $947M |
| First Fs&La of Rochester | Rochester, New York | September 8, 1981 | $989M | $1.2B |
| County Fs&La | Rockville, Maryland | August 9, 1981 | $95M | $144M |
| First Financial Fs&La | Bellaire, Texas | July 10, 1981 | $5M | $6M |
| First Fs&La of New Bern | New Bern, North Carolina | July 1, 1981 | $47M | $57M |
| Community Fs&La | Washington, District of Columbia | June 21, 1981 | $21M | $23M |
| Northwest Commerce Bank | North Bend, Oregon | June 19, 1981 | $5M | $7M |
| Financial Security S&La | Elk Grove Village, Illinois | June 1, 1981 | $50M | $64M |
| Ny & Suburban Fs&La | New York, New York | May 31, 1981 | $356M | $548M |
| Economy S&La | Chicago, Illinois | May 18, 1981 | $58M | $74M |
| Arctic Fs&La | Fairbanks, Alaska | May 9, 1981 | $35M | $41M |
| Guardian Fsb | Northport, New York | April 30, 1981 | $89M | $126M |
| Peoples Banking Company | Boston, Georgia | March 17, 1981 | $8M | $8M |
| The Des Plaines Bank | Des Plaines, Illinois | March 14, 1981 | $43M | $47M |
| South Side Bank | Chicago, Illinois | March 14, 1981 | $26M | $28M |
| Security of Statesville | Statesville, North Carolina | February 9, 1981 | $13M | $16M |
| Franklin Sa | Chicago, Illinois | February 9, 1981 | $72M | $98M |
| Home Sa | Minneapolis, Minnesota | January 18, 1981 | $493M | $686M |
Transcribed from the FDIC BankFind Suite failures dataset. Deposit and asset figures are from the last quarterly Call Report filed before failure, not balances on the failure date.