Mergers by Year
Bank Mergers in 1979
219 banks were acquired or merged into another institution in 1979, according to the Federal Reserve's National Information Center (NIC). NIC recorded 246 merger records in 1979 against 189 in 1978.
Largest bank mergers of 1979
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1979 | United Virginia Bank/Rockbridge | — | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank/National | — | Crestar Bank |
| Dec 31, 1979 | The Huntington First National Bank of Medina County | — | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank of Spotsylvania | — | Crestar Bank |
| Dec 31, 1979 | California Pacific Bank | — | Republic Bank |
| Dec 31, 1979 | United Virginia Bank/Peoples of Gretna | — | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank/Citizens of South Boston | — | Crestar Bank |
| Dec 31, 1979 | NB Bank of Richmond | — | Southern Bank |
| Dec 31, 1979 | United Virginia Bank/Spotswood | — | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Roanoke, N.A. | — | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank/First National | — | Crestar Bank |
| Dec 31, 1979 | The Huntington Bank of Ashland | — | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank of Gloucester | — | Crestar Bank |
| Dec 31, 1979 | The Huntington Bank of Washington Court House | — | The Huntington National Bank |
| Dec 31, 1979 | The Huntington National Bank of Bellefontaine | — | The Huntington National Bank |
Every merger recorded in 1979
246 NIC merger records in 1979 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 31, 1979 | The Huntington Bank of Chillicothe | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Bank of Wood County | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/Citizens & Marine | Crestar Bank |
| Dec 31, 1979 | (unnamed) | Heritage Bank |
| Dec 31, 1979 | The Huntington First National Bank of Kenton | The Huntington National Bank |
| Dec 31, 1979 | First National Bank of Fresno | (unnamed) |
| Dec 31, 1979 | Coastal State Bank | Midlantic National Bank/South |
| Dec 31, 1979 | Valley Bank, National Association | (unnamed) |
| Dec 31, 1979 | United Virginia Bank/Seaboard National | Crestar Bank |
| Dec 31, 1979 | The Huntington First National Bank of Lima | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank of Williamsburg | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Charlottesville | Crestar Bank |
| Dec 31, 1979 | NB Corporation | Jefferson Bankshares, Inc. |
| Dec 31, 1979 | First General Credit Inc | First Virginia Bank |
| Dec 31, 1979 | United Virginia Bank/Spotswood | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Roanoke, N.A. | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Spotsylvania | Crestar Bank |
| Dec 31, 1979 | NB Bank of Richmond | Southern Bank |
| Dec 31, 1979 | United Virginia Bank/First National | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank of Gloucester | Crestar Bank |
| Dec 31, 1979 | The Huntington Bank of Washington Court House | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/Peoples of Gretna | Crestar Bank |
| Dec 31, 1979 | The Huntington Bank of Ashland | The Huntington National Bank |
| Dec 31, 1979 | California Pacific Bank | Republic Bank |
| Dec 31, 1979 | United Virginia Bank/National | Crestar Bank |
| Dec 31, 1979 | United Virginia Bank/Citizens of South Boston | Crestar Bank |
| Dec 31, 1979 | The Huntington First National Bank of Medina County | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/Rockbridge | Crestar Bank |
| Dec 31, 1979 | The Huntington National Bank of Bellefontaine | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Bank of Woodville | The Huntington National Bank |
| Dec 31, 1979 | Tahoe National Bank | (unnamed) |
| Dec 31, 1979 | The Huntington National Bank of Franklin | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Lagonda National Bank of Springfield | The Huntington National Bank |
| Dec 31, 1979 | The Huntington Bank of Toledo | The Huntington National Bank |
| Dec 31, 1979 | The Huntington National Bank of London | The Huntington National Bank |
| Dec 31, 1979 | United Virginia Bank/National Valley | Crestar Bank |
| Dec 31, 1979 | The Huntington Portage National Bank of Kent | The Huntington National Bank |
| Dec 29, 1979 | College Homes Inc | First National Bank of Commerce |
| Dec 29, 1979 | The Little Falls National Bank | Oneida National Bank |
| Dec 29, 1979 | First Management Consultants Inc | First National Bank of Commerce |
| Dec 29, 1979 | (unnamed) | First National Bank of Catawba County |
| Dec 29, 1979 | First Commerce Financial Corporation | First National Bank of Commerce |
| Dec 21, 1979 | Tanglewood Investment Corp. | Midlantic National Bank/North |
| Dec 21, 1979 | Trails Investment Corp. | Midlantic National Bank/North |
| Dec 17, 1979 | The Firestone Bank of Wadsworth | Firestone Bank |
| Dec 15, 1979 | Springfield State Bank | Wells Fargo Bank South Dakota, N.A. |
| Dec 8, 1979 | Gavilan Bank | First Interstate Bank of California |
| Dec 8, 1979 | Mercantile National Bank of Chicago | American National Bank and Trust Company of Chicago |
| Dec 3, 1979 | The Bank of Asheville | Bank of America, N.A. |
| Dec 3, 1979 | Lebanon County Trust Company | CoreStates Hamilton 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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