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 |
|---|---|---|
| Feb 13, 1961 | National Bank of Argyle | Marine Midland Bank - Eastern, National Association |
| Feb 9, 1961 | First NB | First American National Bank |
| Feb 1, 1961 | Central Savings Bank and Trust Company | The Howard Bank, National Association |
| Feb 1, 1961 | Allenhurst National Bank and Trust Company | The Central Jersey Bank and Trust Company |
| Feb 1, 1961 | Farmers and Citizens State Bank | United Bank, National Association |
| Jan 30, 1961 | Lindenhurst Bank | Long Island Trust Company, National Association |
| Jan 23, 1961 | Gardner Trust Company | Shawmut Worcester County Bank, National Association |
| Jan 23, 1961 | Farmers and Merchants Bank | Peoples Bank and Trust Company |
| Jan 18, 1961 | (unnamed) | The Oregon Bank |
| Jan 4, 1961 | Commercial National Bank | Wachovia Bank, National Association |
| Jan 3, 1961 | Peoples Bank and Trust Company | First National Bank of South Jersey |
| Jan 3, 1961 | Lorain Banking Company | The Lorain National Bank |
| Jan 3, 1961 | Citizens Bank | Pennbank |
| Jan 3, 1961 | Anacostia National Bank | The National Bank of Washington |
| Jan 3, 1961 | First National Bank | Bank of America, N.A. |
| Jan 3, 1961 | National BK of Wrentham | South Shore Bank |
| Jan 3, 1961 | First Trust & Savings Bank | First Trust and Savings Bank |
| Jan 3, 1961 | New England National Bank | Bank of New England, N.A. |
| Jan 3, 1961 | Peoples State Bank | First of America Bank-Security |
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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