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 |
|---|---|---|
| May 1, 1970 | Bank of Prosser | Bank of Yakima |
| Apr 25, 1970 | Commonwealth National Bank | (unnamed) |
| Apr 20, 1970 | The Doylestown National Bank and Trust Company | Continental Bank |
| Apr 20, 1970 | Atlantic National Bank | The Connecticut National Bank |
| Apr 15, 1970 | First-Citizens Bank and Trust Company | First Citizens Bank and Trust Company, Inc. |
| Apr 13, 1970 | Bank of Grand Cane | First National Bank in Mansfield |
| Apr 11, 1970 | Los Padres National Bank | Wells Fargo Bank, N.A. |
| Apr 6, 1970 | Garden State Bank | The Bank of New Jersey |
| Apr 1, 1970 | Citizens National Bank of Blossburg | First Citizens Community Bank |
| Mar 25, 1970 | Farmers & Citizens Banking Company | The Union Bank and Savings Company |
| Mar 21, 1970 | Farmers State Bank | Tricentury Bank |
| Mar 19, 1970 | The Armada State Bank | Old Kent Bank, National Association |
| Mar 16, 1970 | The First National Bank of Harrisonburg | NationsBank, National Association |
| Mar 16, 1970 | Community Bank and Trust Company | Central Penn National Bank |
| Mar 2, 1970 | Bank of Stoneville | North State Bank |
| Mar 2, 1970 | Rockland National Bank | Empire National Bank |
| Mar 2, 1970 | Hardy Banking Company | Sky Bank-Mid AM Region |
| Mar 2, 1970 | Cle Elum State Bank | KeyBank National Association |
| Mar 2, 1970 | Jersey State Bank | Midlantic National Bank/North |
| Mar 2, 1970 | Bank of Independence | Star Bank, National Association, Kentucky |
| Feb 24, 1970 | Redmond State Bank | Bank of the West |
| Feb 23, 1970 | Marion Bank and Trust Company | Bank of America, N.A. |
| Feb 23, 1970 | Fort Lee Trust Company | Summit Bank |
| Feb 16, 1970 | Farmers and Miners Trust Company | S & T Bank |
| Feb 14, 1970 | (unnamed) | First Interstate Bank of California |
| Feb 10, 1970 | The State Bank of Lime Ridge | The Reedsburg Bank |
| Feb 10, 1970 | State Bank of Deer Park | Bremer Bank, National Association |
| Feb 10, 1970 | Bank of North Freedom | The Reedsburg Bank |
| Jan 31, 1970 | Southland National Bank | United States National Bank |
| Jan 26, 1970 | Citizens Bank & Trust Company of Andrews | Wachovia Bank, National Association |
| Jan 19, 1970 | West Unity Banking Company | The Citizens National Bank |
| Jan 12, 1970 | Peoples National Bank of Sussex County | Midlantic National Bank/North |
| Jan 9, 1970 | Community State Bank | Wells Fargo Bank South Dakota, N.A. |
| Jan 5, 1970 | Central Michigan Bank | Old Kent Bank of Big Rapids |
| Jan 2, 1970 | National Bank of Chester County and Trust Company | (unnamed) |
| Jan 2, 1970 | The Bank of Sussex County | The Bank of New York |
| Jan 2, 1970 | Continental Bank of Midvale | U.S. Bank of Utah |
| Jan 2, 1970 | Salem National Bank and Trust Company | First National Bank of South Jersey |
| Jan 2, 1970 | Marine Midland Trust Company of Rockland County | Marine Midland Bank of Southeastern New York, N.A. |
| Jan 2, 1970 | The Twelve Mile State Bank | First National Bank of Indiana |
| Jan 2, 1970 | Bank of Pittsboro | Central Carolina Bank and Trust Company |
| Jan 2, 1970 | The Clayton National Bank | Peoples Bank of South Jersey |
| Jan 2, 1970 | Farmers Banking Company | The Huntington National Bank of Bellefontaine |
| Jan 2, 1970 | The Citizens National Bank of Westernport | First United Bank & Trust |
| Jan 2, 1970 | The First National Bank of York | The Commonwealth National Bank |
| Jan 2, 1970 | Harrisburg National Bank and Trust Company | The Commonwealth National Bank |
| Jan 2, 1970 | Peoples Union Bank & Trust Company | National City Bank of Pennsylvania |
| Jan 2, 1970 | The First National Bank of Barton | First United Bank & Trust |
| Jan 1, 1970 | Olean Trust Company | Key Bank of Western New York National Association |
| Jan 1, 1970 | (unnamed) | First National Bank Alaska |
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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