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 |
|---|---|---|
| Aug 13, 1960 | The Bank of Mid-America Savings and Trust Company | Bank One, Oklahoma, National Association |
| Aug 12, 1960 | Chesterfield County Bank | Signet Bank |
| Aug 8, 1960 | The Washington National Bank | FNB Washington |
| Aug 5, 1960 | Bank of Abbeville | Bankers Trust of South Carolina |
| Aug 1, 1960 | Citizens Exchange Bank | First Bank and Trust |
| Aug 1, 1960 | Rye National Bank | National Bank of Westchester |
| Aug 1, 1960 | (unnamed) | The Oregon Bank |
| Aug 1, 1960 | The Peoples Trust Company of Wyomissing | Bank of Pennsylvania |
| Jul 19, 1960 | Essex National Bank | Fleet National Bank |
| Jul 18, 1960 | Peoples Bank of Tiltonsville | Heritage Bank |
| Jul 11, 1960 | First National Bank of Greenport | Valley Bank of New York |
| Jul 2, 1960 | Brookville State Bank | Sunflower Bank, N.A. |
| Jul 1, 1960 | Woodburn State Bank | Fort Wayne National Bank |
| Jul 1, 1960 | State Bank of West Terre Haute | First Financial Bank, N.A. |
| Jul 1, 1960 | Security National Bank of Greensboro | Bank of America, N.A. |
| Jul 1, 1960 | Berwind Bank | The Bank of War |
| Jul 1, 1960 | Union Trust Company of New Castle | First Western Bank, National Association |
| Jun 27, 1960 | First National Bank | Wachovia Bank, N.A. |
| Jun 27, 1960 | Atlantic Highlands National Bank | Fidelity Union Bank, National Association |
| Jun 27, 1960 | First National Bank | Maine National Bank |
| Jun 27, 1960 | Maryland Trust Company | Maryland National Bank |
| Jun 27, 1960 | Thomaston National Bank | Maine National Bank |
| Jun 23, 1960 | Waxhaw Banking and Trust | United Carolina Bank, Monroe |
| Jun 1, 1960 | Merrimack River Saving Bank | The Lowell Five Cent Savings Bank |
| May 5, 1960 | Windsor National Bank | Marine Midland Bank - Southern |
| May 2, 1960 | Guaranty Bank and Trust Company | Wachovia Bank, National Association |
| May 2, 1960 | Augusta Citizens & South NB | NationsBank, National Association (South) |
| May 2, 1960 | William Penn Bank of Commerce | Equibank |
| May 2, 1960 | First NB in Richland | Community National Bank & Trust of Texas |
| Apr 30, 1960 | Peoples State Bank | Peoples Bank |
| Apr 25, 1960 | The First Natioanl Bank of Mount Union | Unitas National Bank |
| Apr 25, 1960 | Saratoga National Bank | Fleet Bank |
| Apr 18, 1960 | Whitinsville National Bank | Bank of Boston-Worcester, National Association |
| Apr 11, 1960 | Albany Exchange Saving | Mechanics Exchange Savings Bank |
| Apr 4, 1960 | First National Bank of Friendsville | First United Bank & Trust |
| Apr 1, 1960 | (unnamed) | Wells Fargo Bank Alaska, National Association |
| Apr 1, 1960 | (unnamed) | Wells Fargo Bank Alaska, National Association |
| Apr 1, 1960 | (unnamed) | Wells Fargo Bank Alaska, National Association |
| Apr 1, 1960 | (unnamed) | Wells Fargo Bank Alaska, National Association |
| Apr 1, 1960 | (unnamed) | Wells Fargo Bank Alaska, National Association |
| Apr 1, 1960 | First National Bank - Rockland | Maine National Bank |
| Mar 28, 1960 | Bath Trust Company | Maine National Bank |
| Mar 28, 1960 | Addison County Trust Company | Chittenden Trust Company |
| Mar 25, 1960 | (unnamed) | Wells Fargo Bank, N.A. |
| Mar 21, 1960 | Van Buren State Bank | The Progressive Bank, National Association |
| Mar 17, 1960 | Citizens National Bank of Orange | NationsBank, National Association |
| Mar 12, 1960 | Continental National Bank | Firstier Bank, National Association |
| Mar 12, 1960 | (unnamed) | Bank of America NW, National Association |
| Mar 7, 1960 | (unnamed) | First Fidelity Bank, National Association, South Jersey |
| Mar 1, 1960 | First Auburn Trust Company | Casco Bank & Trust Company |
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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