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.
219
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
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 |
|---|---|---|
| Sep 8, 1979 | Banco Mercantil de Puerto Rico, Inc. | Scotiabank de Puerto Rico |
| Sep 4, 1979 | The Merchants National Bank of Newburyport | Eastern Bank & Trust |
| Sep 1, 1979 | Peoples Bank of South Jersey | Peoples Bank of South Jersey |
| Sep 1, 1979 | Liberty Bank & Trust Company | The Planters National Bank and Trust Company |
| Sep 1, 1979 | Trefoil Investment Corp. | Fidelcor, Inc. |
| Aug 27, 1979 | The Eastern Ohio Bank | Heritage Bank, N.A. - Flushing |
| Aug 15, 1979 | Bank of Leakesville | First State Bank |
| Jul 30, 1979 | Society Bank of Painesville | KeyBank N.A. |
| Jul 14, 1979 | (unnamed) | Wells Fargo Bank, N.A. |
| Jul 2, 1979 | Union Bank of Berry | The Farmers National Bank of Cynthiana |
| Jul 2, 1979 | New Bank of Culpeper | National Bank and Trust Company |
| Jul 2, 1979 | The Bank of Buckingham | First Virginia Bank - Southside |
| Jul 2, 1979 | The First National Bank of Yorktown | Central Fidelity National Bank |
| Jul 1, 1979 | Southeast National Bank of Tamiami | Southeast Bank, N.A. |
| Jul 1, 1979 | Southeast Bank of Dadeland | Southeast Bank, N.A. |
| Jul 1, 1979 | Southeast Bank of Westland | Southeast Bank, N.A. |
| Jul 1, 1979 | The Peoples State Bank | National City Bank, Northwest |
| Jul 1, 1979 | Southeast First National Bank of Miami Springs | Southeast Bank, N.A. |
| Jul 1, 1979 | Arcadia National Bank | The Bank of New York |
| Jul 1, 1979 | (unnamed) | Southeast Bank, N.A. |
| Jun 30, 1979 | The First National Bank of Delaware | National City Bank of Columbus |
| Jun 30, 1979 | The Logan County Bank | National City Bank of Columbus |
| Jun 30, 1979 | The National Bank of Portsmouth | National City Bank of Columbus |
| Jun 30, 1979 | The Citizens National Bank in Zanesville | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Washington Court House | National City Bank of Columbus |
| Jun 30, 1979 | Akron National Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Knox County Savings Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Ohio Bank & Trust Company | National City Bank of Columbus |
| Jun 30, 1979 | Fidelity American Bank NA, Richmond | Central Fidelity Bank, N.A. |
| Jun 30, 1979 | The Ohio State Bank of Dayton | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Marysville | National City Bank of Columbus |
| Jun 30, 1979 | The Medina County Bank | National City Bank of Columbus |
| Jun 30, 1979 | Cavalier Central Bank & Trust Company | Central Fidelity Bank, N.A. |
| Jun 30, 1979 | The First National Bank of Wilmington | National City Bank of Columbus |
| Jun 30, 1979 | The Peoples National Bank of Greenfield | National City Bank of Columbus |
| Jun 30, 1979 | The Adams Bank | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Newark | National City Bank of Columbus |
| Jun 30, 1979 | The Home Banking Company | The Third National Bank of Western Ohio |
| Jun 30, 1979 | The First National Bank of Springfield | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Tiffin | National City Bank of Columbus |
| Jun 30, 1979 | The Western Security Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Community Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Perry County Bank | National City Bank of Columbus |
| Jun 30, 1979 | The Niles Bank Company | National City Bank of Columbus |
| Jun 30, 1979 | The Citizens Banking Company | National City Bank of Columbus |
| Jun 30, 1979 | The Second National Bank of Circleville | National City Bank of Columbus |
| Jun 30, 1979 | The Cummings Bank Company | National City Bank of Columbus |
| Jun 30, 1979 | The Citizens National Bank of Ironton | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of Jackson | National City Bank of Columbus |
| Jun 30, 1979 | The First National Bank of London | National City Bank of Columbus |
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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