Mergers by Year
Bank Mergers in 1974
114 banks were acquired or merged into another institution in 1974, according to the Federal Reserve's National Information Center (NIC). NIC recorded 119 merger records in 1974 against 101 in 1973.
Largest bank mergers of 1974
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1974 | The Northfield National Bank | — | First National Bank of Vermont |
| Dec 31, 1974 | The First National Bank of Fair Haven | — | First National Bank of Vermont |
| Dec 31, 1974 | Citizens Bank | — | Wachovia Bank, National Association |
| Dec 31, 1974 | The Farmers and Merchants Bank of Englewood | — | The Central Trust Company of Montgomery County, National Association |
| Dec 31, 1974 | The Neshaminy Valley Bank | — | Industrial Valley Bank and Trust Company |
| Dec 30, 1974 | The First National Bank of Westwood | — | Midlantic National Bank/North |
| Dec 22, 1974 | The Freeport State Bank | — | Heritage Bank, N.A. - Hopedale |
| Dec 6, 1974 | Ventura State Bank | — | (unnamed) |
| Dec 3, 1974 | Guaranty National Bank of White Center | — | Old National Bank of Washington |
| Dec 3, 1974 | United Jersey National Bank of Cherry Hill | — | United Jersey Bank/Southwest |
| Nov 30, 1974 | Egg Harbor Bank and Trust Company | — | First Fidelity Bank, National Association, South Jersey |
| Nov 30, 1974 | The First National Bank of Cooperstown | — | (unnamed) |
| Nov 30, 1974 | Indian Head National Bank of Nashua | — | Fleet Bank-NH |
| Nov 30, 1974 | The Victory State Bank | — | Security Bank of Kansas City |
| Nov 30, 1974 | Montpelier National Bank | — | Vermont National Bank |
Every merger recorded in 1974
119 NIC merger records in 1974 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Feb 27, 1974 | The Citizens Bank Company | The People's National Bank of Georgetown |
| Feb 11, 1974 | The Union State Bank | The Shelby National Bank of Shelbyville |
| Jan 22, 1974 | Beverly Hills National Bank | Wells Fargo Bank, N.A. |
| Jan 18, 1974 | Mid State Bank and Trust Company | The Central Jersey Bank and Trust Company |
| Jan 12, 1974 | National White River Bank in Bethel | Green Mountain Bank |
| Jan 5, 1974 | Sykesville State Bank | Maryland National Bank |
| Jan 2, 1974 | Garden City Trust Company | University Bank N.A. |
| Jan 2, 1974 | United Virginia Bank of Fairfax | United Virginia Bank/National |
| Jan 2, 1974 | The First National Bank of Klemme | North Iowa State Bank |
| Jan 2, 1974 | Hendricks County Bank and Trust Company | Hendricks County Bank and Trust Company |
| Jan 1, 1974 | The Beach City Banking Company | Unizan Bank, N.A. |
| Jan 1, 1974 | (unnamed) | First Trust Bank |
| Jan 1, 1974 | Bank of Crisfield | Eastern Shore National Bank |
| Jan 1, 1974 | Colonial Bank and Trust Company | NationsBank, National Association |
| Jan 1, 1974 | The Peoples Bank at Selma Mall, National Association | The Peoples Bank & Trust Company |
| Jan 1, 1974 | Bank of Virginia-Southeast | Bank of Virginia-Eastern |
| Jan 1, 1974 | The Grand Rapids Banking Company | Sky Bank-Mid AM Region |
| Jan 1, 1974 | The First National Bank of Shinglehouse | Commonwealth Bank and Trust Company |
| Jan 1, 1974 | Bank of South Williamsport | Bank of Central Pennsylvania |
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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