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Mergers by Year

Bank Mergers in 1978

165 banks were acquired or merged into another institution in 1978, according to the Federal Reserve's National Information Center (NIC). NIC recorded 189 merger records in 1978 against 168 in 1977.

165
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
2
Holding companies
Bank holding companies merged
189
All merger records
1978 in US banking ›

Largest bank mergers of 1978

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective Acquired bank State Assets Acquirer
Dec 31, 1978 Bank of West Jersey NJ — Burlington County Trust Company
Dec 31, 1978 First American Bank of Lake Worth, National Association FL — First American Bank and Trust
Dec 31, 1978 Farmers' Bank of Kutztown PA — CoreStates Hamilton Bank
Dec 31, 1978 The National Bank of Arendtsville PA — ACNB Bank
Dec 30, 1978 The National Union Bank of Monticello NY — Key Bank of Southeastern New York National Association
Dec 30, 1978 Colonial Bank of Hartford CT — Bank of Boston Connecticut
Dec 30, 1978 First National Bank in Sidney NY — NBT Bank, N.A.
Dec 30, 1978 Colonial Bank of Plainville CT — Bank of Boston Connecticut
Dec 30, 1978 Fidelity American Bank Na, Halifax VA — Central Fidelity Bank, National Association, Lynchburg
Dec 30, 1978 Colonial Bank of New Haven CT — Bank of Boston Connecticut
Dec 30, 1978 Fidelity American Bank Na, Roanoke Valley VA — Central Fidelity Bank, National Association, Lynchburg
Dec 30, 1978 First Virginia Bank-Manassas National VA — First Virginia Bank
Dec 29, 1978 Bank of Virginia - Potomac VA — Signet Bank
Dec 29, 1978 Bank of Virginia-Shenandoah VA — Signet Bank
Dec 29, 1978 Bank of Virginia-Loudoun VA — Signet Bank

Biggest bank failures by assets ›

Every merger recorded in 1978

189 NIC merger records in 1978 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Dec 31, 1978 First American Bank of Lake Worth, National Association FL First American Bank and Trust
Dec 31, 1978 Farmers' Bank of Kutztown PA CoreStates Hamilton Bank
Dec 31, 1978 The National Bank of Arendtsville PA ACNB Bank
Dec 31, 1978 C.I.T. Financial Services Corporation of Puerto Rico NY CIT Group Inc.
Dec 31, 1978 Bank of West Jersey NJ Burlington County Trust Company
Dec 30, 1978 Colonial Bank of Plainville CT Bank of Boston Connecticut
Dec 30, 1978 Colonial Bank of New Haven CT Bank of Boston Connecticut
Dec 30, 1978 The National Union Bank of Monticello NY Key Bank of Southeastern New York National Association
Dec 30, 1978 Fidelity American Bank Na, Halifax VA Central Fidelity Bank, National Association, Lynchburg
Dec 30, 1978 First Virginia Bank-Manassas National VA First Virginia Bank
Dec 30, 1978 Colonial Bank of Hartford CT Bank of Boston Connecticut
Dec 30, 1978 Fidelity American Bank Na, Roanoke Valley VA Central Fidelity Bank, National Association, Lynchburg
Dec 30, 1978 First National Bank in Sidney NY NBT Bank, N.A.
Dec 29, 1978 Bank of Virginia - Petersburg VA Signet Bank
Dec 29, 1978 Bank of Virginia-Loudoun VA Signet Bank
Dec 29, 1978 The Bank of West Florida FL Southeast Bank of West Florida
Dec 29, 1978 Bank of Virginia-Shenandoah VA Signet Bank
Dec 29, 1978 Bank of Virginia-Eastern VA Signet Bank
Dec 29, 1978 Bank of Virginia - Potomac VA Signet Bank
Dec 29, 1978 Bank of Virginia-Eastern Shore VA Signet Bank
Dec 29, 1978 Bank of Virginia-Southwest VA Signet Bank
Dec 29, 1978 Bank of Virginia-Warren VA Signet Bank
Dec 29, 1978 Barnett Bank of Brandon, National Association FL Barnett Bank of Tampa
Dec 28, 1978 East Enterprise State Bank IN Vevay Deposit Bank
Dec 20, 1978 U.H.B. Building Corporation CO Affiliated National Bank - University Hills
Dec 20, 1978 Mountain Grove Bankshares, Inc. MO First Financial Bancshares, Inc.
Dec 19, 1978 First Security Bank SD Great Western Bank
Dec 18, 1978 Citizens Bank of Troy MO Peoples Bank & Trust Co.
Dec 11, 1978 Crater National Bank OR Western Bank
Dec 11, 1978 Liberty National Bank CT The Connecticut Bank and Trust Company, N.A.
Dec 9, 1978 First National Bank of Scottdale PA Integra Bank/South
Dec 1, 1978 Williamsburg National Bank VA Southern Bank
Dec 1, 1978 Fidelco Associates, Inc. PA Fidelcor, Inc.
Dec 1, 1978 Fidelcor Financial, Inc. PA Fidelcor, Inc.
Dec 1, 1978 The Citizens Bank NY Genesee Country Bank
Dec 1, 1978 Zions First National Bank of Ogden UT Zions Bancorporation, N.A.
Nov 30, 1978 The Exchange National Bank of Winter Haven FL Exchange Bank of Polk County, National Association
Nov 16, 1978 The Cumberland Bank NC Peoples Bank & Trust Company
Nov 13, 1978 Truckers and Savings Bank MD Equitable Bank, National Association
Nov 4, 1978 Rosholt Community Bank SD First Premier Bank
Nov 1, 1978 Bank of Brigham City UT Bank of Utah
Nov 1, 1978 (unnamed) — Bank for Savings the
Nov 1, 1978 Bank of Northern Utah UT Bank of Utah
Oct 31, 1978 (unnamed) — Cornerstone Bank
Oct 20, 1978 Humboldt National Bank CA (unnamed)
Oct 14, 1978 Hilton Head National Bank SC NationsBank of South Carolina, National Association
Oct 9, 1978 Southeast National Bank of Dunedin FL Southeast Bank of Pinellas
Oct 9, 1978 Southeast National Bank of Cocoa FL Southeast Bank of Brevard
Oct 9, 1978 Southeast National Bank of St. Petersburg FL Southeast Bank of Pinellas
Oct 9, 1978 Southeast First National Bank of Satellite Beach FL Southeast Bank of Brevard

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

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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