Mergers by Year
Bank Mergers in 1970
139 banks were acquired or merged into another institution in 1970, according to the Federal Reserve's National Information Center (NIC). NIC recorded 150 merger records in 1970 against 143 in 1969.
139
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
0
Holding companies
Bank holding companies merged
Largest bank mergers of 1970
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1970 | Lisbon National Bank | — | Lafayette National Bank |
| Dec 31, 1970 | Seaside Bank | — | Long Island Trust Company, National Association |
| Dec 31, 1970 | Bank of Statesville | — | Truist Bank |
| Dec 31, 1970 | The Lone Tree Savings Bank | — | Farmers & Merchants Savings Bank |
| Dec 31, 1970 | The National Bank of Eaton Rapids | — | First of America Bank-Central |
| Dec 16, 1970 | Republic National Bank and Trust Company | — | Central Bank |
| Dec 8, 1970 | Wayside State Bank | — | Greenleaf Bank |
| Dec 8, 1970 | Lancaster County Farmers National Bank | — | CoreStates Hamilton Bank |
| Dec 7, 1970 | Orange Valley Bank | — | First Fidelity Bank, National Association, New Jersey |
| Dec 7, 1970 | The Citizens National Bank of Tunkhannock | — | United Penn Bank |
| Dec 1, 1970 | The First National Bank of Center Point | — | The Riddell National Bank |
| Nov 30, 1970 | The Fifth Ward Savings Bank | — | Hudson City Savings Bank |
| Nov 23, 1970 | Carroll County Bank | — | NationsBank, National Association |
| Nov 20, 1970 | Capital City Bank of Nashville, Tennessee | — | First Union National Bank of Tennessee |
| Nov 16, 1970 | The Bank of French Broad | — | Wachovia Bank, N.A. |
Every merger recorded in 1970
150 NIC merger records in 1970 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 31, 1970 | Lisbon National Bank | Lafayette National Bank |
| Dec 31, 1970 | Bank of Statesville | Truist Bank |
| Dec 31, 1970 | The Lone Tree Savings Bank | Farmers & Merchants Savings Bank |
| Dec 31, 1970 | The National Bank of Eaton Rapids | First of America Bank-Central |
| Dec 31, 1970 | Seaside Bank | Long Island Trust Company, National Association |
| Dec 16, 1970 | Republic National Bank and Trust Company | Central Bank |
| Dec 8, 1970 | Lancaster County Farmers National Bank | CoreStates Hamilton Bank |
| Dec 8, 1970 | National Bank and Trust Company of York | CoreStates Hamilton Bank |
| Dec 8, 1970 | Wayside State Bank | Greenleaf Bank |
| Dec 7, 1970 | Orange Valley Bank | First Fidelity Bank, National Association, New Jersey |
| Dec 7, 1970 | The Citizens National Bank of Tunkhannock | United Penn Bank |
| Dec 1, 1970 | The First National Bank of Center Point | The Riddell National Bank |
| Nov 30, 1970 | The Fifth Ward Savings Bank | Hudson City Savings Bank |
| Nov 23, 1970 | Carroll County Bank | NationsBank, National Association |
| Nov 20, 1970 | Capital City Bank of Nashville, Tennessee | First Union National Bank of Tennessee |
| Nov 16, 1970 | The Bank of French Broad | Wachovia Bank, N.A. |
| Nov 16, 1970 | Millsboro Trust Company | PNC Bank, Delaware |
| Nov 7, 1970 | The Multnomah Bank | Pacific Western Bank |
| Nov 7, 1970 | The First National Bank of Holtville | Wells Fargo Bank, N.A. |
| Nov 2, 1970 | Gold Standard National Bank | Warren National Bank |
| Nov 2, 1970 | Worcester Mechanics Savings Bank | Peoples Savings Bank |
| Nov 2, 1970 | Bank of Westbury Trust Company | Long Island Trust Company, National Association |
| Nov 2, 1970 | General Bank and Trust Company | Fleet National Bank |
| Nov 2, 1970 | Pioneer Banking Company | The Citizens National Bank |
| Nov 2, 1970 | Citizens Bank | InterFirst Bank Houston, National Association |
| Nov 2, 1970 | Penn Central Employees Mutual Savings Association | Industrial Valley Bank and Trust Company |
| Nov 1, 1970 | The First National Bank of Pedricktown | First National Bank of South Jersey |
| Nov 1, 1970 | The Cohocton State Bank | Norstar Bank |
| Oct 31, 1970 | Citrus National Bank | (unnamed) |
| Oct 26, 1970 | First National Bank in New Egypt | The Bank of Mid-Jersey |
| Oct 19, 1970 | The First National Bank in Frackville | Meridian Bank |
| Oct 19, 1970 | Metropolitan National Bank of Maryland | Signet Bank-Maryland |
| Oct 13, 1970 | First National Bank in Yonkers | (unnamed) |
| Oct 1, 1970 | The Community Bank | Marine Midland Bank - New York |
| Oct 1, 1970 | State Bank of Rainier | The Oregon Bank |
| Oct 1, 1970 | Bountiful State Bank | Zions Bancorporation, N.A. |
| Oct 1, 1970 | Bank of Simpsonville | Citizens Union Bank of Shelbyville |
| Oct 1, 1970 | First National Bank of Edinboro | Marine Bank |
| Oct 1, 1970 | First National Bank in Tonasket | Old National Bank of Washington |
| Oct 1, 1970 | National Bank of Commerce of Spartanburg | First Citizens Bank and Trust Company, Inc. |
| Sep 30, 1970 | State Bank | First Union National Bank of South Carolina |
| Sep 28, 1970 | Peoples State Bank | The Park National Bank |
| Sep 26, 1970 | North West Bank | Old National Bank of Washington |
| Sep 21, 1970 | Industrial Bank of Lexington | Security Capital Bank |
| Sep 14, 1970 | National City Bank of Baltimore | NationsBank, National Association |
| Sep 10, 1970 | Security Bank | First Bank of South Dakota (National Association) |
| Sep 8, 1970 | The Waldorf Bank | Citizens Bank of Maryland |
| Sep 1, 1970 | The National Bank of Orange | National Bank and Trust Company |
| Sep 1, 1970 | The Citizens Bank of Wind Gap | Easton National Bank and Trust Company |
| Sep 1, 1970 | The Home Bank | Midland National 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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