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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
246
All merger records
1979 in US banking ›

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 State Assets Acquirer
Dec 31, 1979 United Virginia Bank/Rockbridge VA — Crestar Bank
Dec 31, 1979 United Virginia Bank/National VA — Crestar Bank
Dec 31, 1979 The Huntington First National Bank of Medina County OH — The Huntington National Bank
Dec 31, 1979 United Virginia Bank of Spotsylvania VA — Crestar Bank
Dec 31, 1979 California Pacific Bank CA — Republic Bank
Dec 31, 1979 United Virginia Bank/Peoples of Gretna VA — Crestar Bank
Dec 31, 1979 United Virginia Bank/Citizens of South Boston VA — Crestar Bank
Dec 31, 1979 NB Bank of Richmond VA — Southern Bank
Dec 31, 1979 United Virginia Bank/Spotswood VA — Crestar Bank
Dec 31, 1979 United Virginia Bank of Roanoke, N.A. VA — Crestar Bank
Dec 31, 1979 United Virginia Bank/First National VA — Crestar Bank
Dec 31, 1979 The Huntington Bank of Ashland OH — The Huntington National Bank
Dec 31, 1979 United Virginia Bank of Gloucester VA — Crestar Bank
Dec 31, 1979 The Huntington Bank of Washington Court House OH — The Huntington National Bank
Dec 31, 1979 The Huntington National Bank of Bellefontaine OH — The Huntington National Bank

Biggest bank failures by assets ›

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 State Acquirer
Jun 30, 1979 National Bank of Loveland OH National City Bank of Columbus
Jun 30, 1979 The Peoples Savings Bank Company OH National City Bank of Columbus
Jun 30, 1979 The Geauga County National Bank of Chardon OH National City Bank of Columbus
Jun 30, 1979 The Kenton Savings Bank OH National City Bank of Columbus
Jun 30, 1979 The First National Bank of Danville VA First & Merchants National Bank
Jun 30, 1979 The First National Bank of Cadiz OH National City Bank of Columbus
Jun 30, 1979 The Central National Bank at Cambridge OH National City Bank of Columbus
Jun 30, 1979 First National Bank of Coshocton OH National City Bank of Columbus
Jun 30, 1979 The Capital National Bank OH National City Bank of Columbus
Jun 30, 1979 The Farmers & Merchants Bank of Logan OH National City Bank of Columbus
Jun 30, 1979 The First National Bank at East Palestine OH National City Bank of Columbus
Jun 30, 1979 The Hocking Valley National Bank of Lancaster OH National City Bank of Columbus
Jun 30, 1979 The First National Bank of Chillicothe OH National City Bank of Columbus
Jun 30, 1979 Merchants Properties, Inc. VT Merchants Bank
Jun 30, 1979 Batreal, Inc. VT Merchants Bank
Jun 29, 1979 Yuba Industries, Inc. NY Sterling Bancorp
Jun 9, 1979 Livingston Financial Corp. IL Taylor Bancor, Inc.
Jun 6, 1979 The Community Savings Bank Company OH The Eastern Ohio Bank
Jun 4, 1979 United National Bank TX First City, Texas - Dallas
Jun 1, 1979 The Sharpsburg Bank of Washington County MD Allfirst Bank
Jun 1, 1979 New Bank of Roanoke VA NationsBank, National Association
Jun 1, 1979 Caddo Trust and Savings Bank LA (unnamed)
Jun 1, 1979 Sun Bank of Cocoa, National Association FL Sun First National Bank of Brevard County
Jun 1, 1979 The Peoples Bank of South Carolina, Inc. SC NCNB National Bank of South Carolina
Jun 1, 1979 The Union National Bank of Lewisburg PA Mellon Bank (Central) National Association
May 26, 1979 South Paris Savings Bank ME Maine Savings Bank
May 26, 1979 Community State Bank and Trust Company NJ (unnamed)
May 22, 1979 First National Bank of Sebring OH Bank One, Alliance, National Association
May 21, 1979 The Citizens First National Bank of Greene County OH Society Bank, National Association
May 19, 1979 The Central Trust Company of Zanesville OH The Central Trust Company
May 12, 1979 The First National Bank of Millville PA Northern Central Bank
May 7, 1979 The Colonial National Bank IN Warrick National Bank
May 3, 1979 Heritage Bank, N.A. - Hopedale OH Heritage Bank
May 3, 1979 Heritage Bank, N.A. - Salem OH Heritage Bank
May 1, 1979 The Central Trust Company of Wayne County OH The Central Trust Company of Northeastern Ohio, N. A.
May 1, 1979 The Midwest Bank & Trust Company of Portage County OH The Midwest Bank & Trust Company
Apr 30, 1979 Heritage Savings Bank NY Albank, FSB
Apr 30, 1979 Bankers Trust Company of Central New York NY (unnamed)
Apr 16, 1979 The Central Trust Company of Montgomery County, National Association OH PNC Bank, Ohio, National Association
Apr 2, 1979 The American Bank MS The American Bank
Apr 1, 1979 Atlantic Bank of West Daytona Beach FL Atlantic First National Bank of Daytona Beach
Apr 1, 1979 Westland Shoe Corp. ME Sterling Bancorp
Apr 1, 1979 United Jersey Bank/South Bergen NJ Summit Bank
Apr 1, 1979 Royal Trust Bank of South Dade, N.A. FL Royal Trust Bank, National Association
Mar 31, 1979 Genesee Valley National Bank and Trust Company of Geneseo NY Key Bank of Central New York, National Association
Mar 31, 1979 City National Company Incorporated AL The Colonial Bank of Alabama
Mar 31, 1979 Criterion Capital Management Company CT The Connecticut Bank and Trust Company, N.A.
Mar 27, 1979 (unnamed) — First Interstate Bank of California
Mar 23, 1979 Prudential Savings Bank NY Emigrant Bank
Mar 10, 1979 First National Bank of Jacksonville IL Elliott State Bank

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.

Explore: all mergers · 1979 bank events · browse by acquirer · bank failures · all events