Mergers by Year
Bank Mergers in 1961
The Federal Reserve's National Information Center (NIC) recorded 119 merger records involving a bank, credit union or bank holding company in 1961. 2 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 119 in 1960.
Largest bank mergers of 1961
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 29, 1961 | Savings Institution of the City of Williamsport in the County F Lycoming | — | Commonwealth Bank |
| Oct 30, 1961 | Security St B&TC | — | First City, Texas - Beaumont, N.A. |
Every merger recorded in 1961
119 NIC merger records in 1961 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 30, 1961 | Peoples National Bank and Trust Company of Pemberton | First Fidelity Bank, National Association, South Jersey |
| Dec 30, 1961 | Quarryville National Bank | Lancaster County Farmers National Bank |
| Dec 29, 1961 | Savings Institution of the City of Williamsport in the County F Lycoming | Commonwealth Bank |
| Dec 18, 1961 | Citizens BK | Truist Bank |
| Dec 4, 1961 | Milan State Bank | NBD Ann Arbor, National Association |
| Dec 1, 1961 | First National Bank | The Howard Bank, National Association |
| Dec 1, 1961 | Surry County Loan and Trust Company | The Northwestern Bank |
| Dec 1, 1961 | Bank of Elkin | The Northwestern Bank |
| Nov 25, 1961 | (unnamed) | Old National Bank of Washington |
| Nov 20, 1961 | Hampden National Bank and Trust Company | Bank of New England - West, National Association |
| Nov 17, 1961 | (unnamed) | Bank of America NW, National Association |
| Nov 13, 1961 | Chatham Bank | Wachovia Bank, N.A. |
| Nov 13, 1961 | Danville Bank | First-Knox National Bank |
| Nov 13, 1961 | First National Bank | Marine Midland Bank of Southeastern New York, N.A. |
| Nov 10, 1961 | Wilber State Bank | Saline State Bank |
| Nov 6, 1961 | Merchants National Bank of West Virginia | Bank One, West Virginia, Clarksburg, National Association |
| Nov 6, 1961 | County Trust Company of Maryland | Maryland National Bank |
| Nov 1, 1961 | Conneaut Banking and Trust Company | AmeriTrust Company of Northeastern Ohio, N.A. |
| Nov 1, 1961 | (unnamed) | First Merchants National Bank |
| Oct 30, 1961 | Gibsonburg Banking Company | The Home Banking Company |
| Oct 30, 1961 | Central National Bank & Trust Company | First of America Bank-Illinois, National Association |
| Oct 30, 1961 | Citizens Banking and Saving Company | The Farmers National Bank and Trust Company of Ashtabula |
| Oct 30, 1961 | Security St B&TC | First City, Texas - Beaumont, N.A. |
| Oct 23, 1961 | First National Bank of Collingswood | Midlantic National Bank/South |
| Oct 23, 1961 | Exchange Bank | Fleet Bank of New York, National Association |
| Oct 23, 1961 | The Oxford National Bank | First Financial Bank |
| Oct 23, 1961 | Waynestown State Bank | Elston Bank & Trust Company |
| Oct 16, 1961 | Osborne Trust Company | Valley Bank of New York |
| Oct 16, 1961 | First National Bank | Wachovia Bank, N.A. |
| Oct 16, 1961 | Bank of Florence | NationsBank of South Carolina, National Association |
| Oct 13, 1961 | First National Bank | The Central Jersey Bank and Trust Company |
| Oct 2, 1961 | First National Bank | PNC Bank, N.A. |
| Oct 2, 1961 | First National Bank of Williamsburg | Hollidaysburg Trust Company |
| Oct 2, 1961 | National Bank and Trust Company of West Grove | National Bank and Trust Company of Kennett Square |
| Oct 2, 1961 | Durham Bank & Trust Company | Central Carolina Bank and Trust Company |
| Oct 2, 1961 | Bank of Grand Junction | First South Bank |
| Oct 2, 1961 | Smethport National Bank | Producers Bank |
| Sep 25, 1961 | Fort Plain National Bank | Fleet Bank |
| Sep 16, 1961 | Citizens Exchange Bank | Tbo Bank |
| Sep 11, 1961 | Hanover Bank | Manufacturers Hanover Trust Company |
| Sep 11, 1961 | First Trust Company | National Bank of Commerce Trust and Savings Association |
| Sep 5, 1961 | Peoples State Bank & Trust Company | Peoples Commercial Bank |
| Sep 5, 1961 | Citizens Savings Banking Company | The Central National Bank at Cambridge |
| Sep 5, 1961 | City National Bank & Trust Company | Bank of America Illinois |
| Aug 28, 1961 | First National Bank | Wachovia Bank of South Carolina, National Association |
| Aug 21, 1961 | First National Bank of Cresson | Laurel Bank |
| Aug 14, 1961 | Killington Bank and Trust Company | First Vermont Bank , National Association |
| Aug 7, 1961 | Fort Hill Bank and Trust Company | First National Bank of South Carolina |
| Aug 3, 1961 | Citizens Waynesboro Bank and Trust Company | NationsBank, National Association |
| Aug 1, 1961 | Home Bank | Bank One, Wapakoneta, National Association |
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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