Mergers by Year
Bank Mergers in 1960
The Federal Reserve's National Information Center (NIC) recorded 119 merger records involving a bank, credit union or bank holding company in 1960. 5 had a bank as the acquired institution. Many acquired parties in this period are not classified as banks, credit unions or holding companies, so the bank count understates the year; the full list is below. NIC recorded 1 in 1959.
Largest bank mergers of 1960
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 1, 1960 | Geneva Saving and Trust Company | — | AmeriTrust Company of Northeastern Ohio, N.A. |
| Dec 1, 1960 | Maryland State Bank of Montgomery County | — | NationsBank, National Association |
| Nov 1, 1960 | Citizens National Bank of Hollidaysburg | — | The First National Bank of Altoona |
| Nov 1, 1960 | Peoples National Bank of Bedford | — | First Union National Bank of Virginia |
| Aug 1, 1960 | Citizens Exchange Bank | — | First Bank and Trust |
Every merger recorded in 1960
119 NIC merger records in 1960 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 30, 1960 | Bank of Maryland | NationsBank, National Association |
| Dec 30, 1960 | Liberty Bank and Trust Company | Lehigh Valley Bank |
| Dec 28, 1960 | (unnamed) | Security Pacific Bank Oregon |
| Dec 22, 1960 | (unnamed) | U.S. Bank of Washington, National Association |
| Dec 19, 1960 | Bank of Middletown | Bank One, Kentucky, National Association |
| Dec 16, 1960 | Peoples Bank of Claypool | First National Bank of Warsaw |
| Dec 16, 1960 | Bank of Fountain | Edgecombe Bank & Trust Company |
| Dec 5, 1960 | Mount Kisco National Bank | National Bank of Westchester |
| Dec 5, 1960 | Exchange National Bank in Marietta | The First National Bank of Marietta |
| Dec 5, 1960 | First NB | MBank Pasadena, National Association |
| Dec 2, 1960 | (unnamed) | Wells Fargo Bank, N.A. |
| Dec 1, 1960 | Geneva Saving and Trust Company | AmeriTrust Company of Northeastern Ohio, N.A. |
| Dec 1, 1960 | (unnamed) | City National Bank |
| Dec 1, 1960 | Maryland State Bank of Montgomery County | NationsBank, National Association |
| Dec 1, 1960 | Kasper-American State Bank | LaSalle Bank National Association |
| Dec 1, 1960 | Salem National Bank | Marine Midland Bank - Eastern, National Association |
| Nov 25, 1960 | York Trust Company | The York Bank and Trust Company |
| Nov 14, 1960 | Lincoln Bank and Trust Company | National City Bank of Kentucky |
| Nov 14, 1960 | Woodbury Trust Company | National Bank and Trust Company of Gloucester County |
| Nov 7, 1960 | National Bank of Catasauqua | The First National Bank of Allentown |
| Nov 7, 1960 | Commonwealth Trust Company | North Jersey National Bank |
| Nov 1, 1960 | Dime Bank | Akron National Bank |
| Nov 1, 1960 | Riverdale State Savings Bank | Firstbank - Alma |
| Nov 1, 1960 | Peoples National Bank of Bedford | First Union National Bank of Virginia |
| Nov 1, 1960 | Newburgh State Bank | Warrick National Bank |
| Nov 1, 1960 | Citizens National Bank of Hollidaysburg | The First National Bank of Altoona |
| Oct 31, 1960 | State B&TC | Barnett Bank of Southeast Georgia National Association |
| Oct 31, 1960 | Dowagiac National Bank | Old Kent Bank-Southwest |
| Oct 31, 1960 | Manufacturers National Bank | Norstar Bank of Maine |
| Oct 24, 1960 | Chicago National Bank | BMO Bank N.A. |
| Oct 19, 1960 | National Bank of Commerce | Wachovia Bank, N.A. |
| Oct 17, 1960 | New Florence National Bank | Promistar Bank |
| Oct 17, 1960 | Peoples National Bank | Ameriserv Financial Bank |
| Oct 17, 1960 | State Savings Bank | Old Kent Bank-Southeast |
| Oct 10, 1960 | Merchants and Farmers Bankof Statesville, Incorporated | Bank of America, N.A. |
| Oct 3, 1960 | Highland Bank | Star Bank, National Association, Campbell County |
| Oct 3, 1960 | The First National Bank of Tamaqua | Heritage National Bank |
| Oct 3, 1960 | South Shore Bank of Staten Island | Deutsche Bank Trust Company Americas |
| Oct 3, 1960 | First State Bank | Liberty Bank of Maryland |
| Oct 3, 1960 | First National Bank | Peoples Union Bank & Trust Company |
| Oct 3, 1960 | Auburn Trust Company | Marine Midland Bank-Central |
| Oct 1, 1960 | Rossville Savings Bank | The Somerville Bank & Trust Company |
| Oct 1, 1960 | First National Bank | Bank One, Bloomington, National Association |
| Sep 26, 1960 | (unnamed) | Midlantic National Bank/Citizens |
| Sep 26, 1960 | City B&TC | NationsBank, National Association (South) |
| Sep 6, 1960 | Indiana Trust and Savings Bank | Old National Bank |
| Sep 6, 1960 | First National Bank | U.S. Bank N.A. |
| Sep 1, 1960 | First National Bank | Keybank National Association |
| Aug 19, 1960 | Farmers & Merchants Bank | NationsBank, National Association |
| Aug 15, 1960 | Mount Penn Trust Company | Meridian Bank |
Bank mergers by year
Source: Federal Reserve National Information Center (NIC) transformations, type "merger". A record counts when a bank, credit union or bank holding company is on at least one side. NIC also logs internal consolidations, such as a subsidiary bank folded into a sister bank, so a record is not always an arm's-length deal. Asset figures come from FFIEC call reports (banks) and NCUA 5300 call reports (credit unions). Credit union mergers appear in the NIC records from 2013 on.
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