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 |
|---|---|---|
| Jul 29, 1961 | The First National Bank of Thomasville | Wachovia Bank, National Association |
| Jul 24, 1961 | Bank of Carolina Beach | Bank of North Carolina, National Association |
| Jul 20, 1961 | State Savings Bank | City Bank |
| Jul 17, 1961 | Parkville Bank | Equitable Bank, National Association |
| Jul 17, 1961 | Camp Curtain Trust Company | Dauphin Deposit Bank and Trust Company |
| Jul 15, 1961 | Peoples Bank | Coahoma National Bank |
| Jul 14, 1961 | (unnamed) | First Interstate Bank of California |
| Jul 5, 1961 | Cumberland County Bank | Bank of Powhatan |
| Jul 3, 1961 | Industrial Trust Company | Industrial Valley Bank and Trust Company |
| Jul 3, 1961 | First National Bank | Tioga State Bank, N.A. |
| Jul 1, 1961 | Chesapeake Bank | First National Bank of Ironton |
| Jun 30, 1961 | Bank of McKees Rocks | Equibank |
| Jun 30, 1961 | Community Bank and Trust Company | Colonial Bank of New Haven |
| Jun 21, 1961 | Bank of Encino | First Interstate Bank of California |
| Jun 19, 1961 | Nanty Glo State Bank | Ameriserv Financial Bank |
| Jun 19, 1961 | Farmers and Citizens Bank | Society National Bank of Mid-Ohio |
| Jun 15, 1961 | Hardy Exchange Bank | Boatmen's National Bank of Batesville |
| Jun 5, 1961 | Bank of Waverly | Morganfield National Bank |
| Jun 5, 1961 | Gloucester Safe Deposit and Trust Company | Bank of New England - North Shore |
| Jun 2, 1961 | Peoples Bank and Trust Company | National City Bank of Dayton |
| May 29, 1961 | Egypt Schnecksville Bank | Merchants Bank, National Association |
| May 23, 1961 | Ashland Trust Company | Washburn Trust Company |
| May 1, 1961 | Security State Bank | Citizens State Bank of Waterville |
| May 1, 1961 | Union State Bank | Chemical Bank Shoreline |
| Apr 17, 1961 | Rockland-Atlas National Bank | State Street Bank and Trust Company |
| Apr 10, 1961 | Erie County Trust Company | Fleet Bank of New York, National Association |
| Apr 10, 1961 | American Bank | First-Citizens Bank & Trust Company |
| Apr 3, 1961 | Linden Trust Company | United Counties Trust Company |
| Apr 3, 1961 | Albany TR & BKG Co | First State Bank & Trust Company |
| Apr 3, 1961 | National Bank of Fredonia | Fleet Bank of New York, National Association |
| Apr 3, 1961 | Mid-Carolina Industrial Bank | First-Citizens Bank & Trust Company |
| Apr 3, 1961 | Coraopolis National Bank | National City Bank of Pennsylvania |
| Apr 3, 1961 | Coraopolis Trust Company | National City Bank of Pennsylvania |
| Apr 1, 1961 | Arthur Trust and Savings Bank | United Bank of Iowa |
| Mar 27, 1961 | Madrid Bank | Community Bank, N.A. |
| Mar 27, 1961 | Georgetown State Bank | P N C Bank, Indiana, Inc. |
| Mar 20, 1961 | Norwood Bank and Trust Company | South Shore Bank |
| Mar 13, 1961 | Farmers and Merchants Trust Company | First Seneca Bank |
| Mar 8, 1961 | Citizens National Bank | First Union National Bank of Virginia |
| Mar 6, 1961 | First National Bank and Trust Company | First Westchester National Bank |
| Mar 6, 1961 | Vernon State Bank | NBD Genesee Bank |
| Mar 4, 1961 | (unnamed) | Wells Fargo Bank, N.A. |
| Mar 2, 1961 | First Commercial Savings Bank | Michigan National Bank-Michiana |
| Mar 1, 1961 | Cicero State Bank | OnBank & Trust Co. |
| Mar 1, 1961 | Security Trust Company | First Security National Bank and Trust Company of Lexington |
| Feb 25, 1961 | (unnamed) | First Interstate Bank of California |
| Feb 23, 1961 | State Bank of Saint Johns | City Bank |
| Feb 20, 1961 | First National Bank | Keybank National Association |
| Feb 20, 1961 | The National Bank and Trust Company of Spring City | Continental Bank |
| Feb 18, 1961 | (unnamed) | United States National Bank of Oregon |
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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