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 |
|---|---|---|
| Mar 1, 1979 | Fidelity American Bank, Eastern Shore | Central Fidelity National Bank |
| Mar 1, 1979 | City Safe Deposit Company | First of America Bank-Southeast Michigan, National Association |
| Mar 1, 1979 | Barnett Bank of Deland, N.A. | Barnett Bank of Volusia County |
| Mar 1, 1979 | Central Bank | (unnamed) |
| Feb 28, 1979 | The Bank of East Alabama | The Bank of East Alabama |
| Feb 26, 1979 | University National Bank | Equitable Bank, National Association |
| Feb 20, 1979 | Dominion National Bank of the Peninsula | Dominion Bank of Greater Hampton Roads, National Association |
| Feb 15, 1979 | First Manassas Bank and Trust Company | Central Fidelity Bank, Northern Virginia |
| Feb 1, 1979 | The Liberty National Bank in Ellsworth | Key Bank of Eastern Maine |
| Feb 1, 1979 | Flagship Bank of Town 'n Country | SunTrust Bank, Tampa Bay |
| Feb 1, 1979 | Flagship Bank of Lutz | SunTrust Bank, Tampa Bay |
| Feb 1, 1979 | Springvale National Bank | Key Bank of Southern Maine |
| Feb 1, 1979 | Flagship Bank of Tampa - East | SunTrust Bank, Tampa Bay |
| Feb 1, 1979 | Atlantic Bank of Gainesville | Atlantic First National Bank of Gainesville |
| Jan 2, 1979 | West Coast National Bank | La Jolla Bank & Trust Company |
| Jan 2, 1979 | South Eastern Building Corporation | SENB Bank |
| Jan 1, 1979 | Fidelity American Bank, Natural Bridge | Central Fidelity Bank, National Association, Lynchburg |
| Jan 1, 1979 | Southeast Bank of St. Armands | Southeast First National Bank of Sarasota |
| Jan 1, 1979 | Southeast Bank of Venice | Southeast First National Bank of Sarasota |
| Jan 1, 1979 | Flagship Bank of West Orlando, National Association | Flagship Bank of Orlando |
| Jan 1, 1979 | National Bank of Westchester | Chase Lincoln First Bank, N.A. |
| Jan 1, 1979 | The First National Bank of Jamestown | Chase Lincoln First Bank, N.A. |
| Jan 1, 1979 | Century National Bank, Boynton Beach | Century National Bank of Palm Beach County |
| Jan 1, 1979 | Citizens Bank & Trust Co. of Peabody | Bank of New England - Bay State, National Association |
| Jan 1, 1979 | Chesapeake National Bank | First American Bank of Maryland |
| Jan 1, 1979 | Pan American Bank of Broward County, National Association | Pan American Bank of Broward |
| Jan 1, 1979 | Airport First State Bank | The First State Bank of Miami |
| Jan 1, 1979 | Fidelity American Bank | Central Fidelity Bank, National Association, Lynchburg |
| Jan 1, 1979 | Barnett Bank of San Jose | Barnett Bank, National Association |
| Jan 1, 1979 | Barnett Bank of Murray Hill | Barnett Bank, National Association |
| Jan 1, 1979 | The Farmers and Merchants State Bank of Merrill | First of America Bank - Frankenmuth |
| Jan 1, 1979 | Barnett Bank of Regency | Barnett Bank, National Association |
| Jan 1, 1979 | Fidelity American Bank, Buena Vista | Central Fidelity Bank, National Association, Lynchburg |
| Jan 1, 1979 | North Miami First State Bank | The First State Bank of Miami |
| Jan 1, 1979 | Miami Lakes First State Bank | The First State Bank of Miami |
| Jan 1, 1979 | Flagship American Bank of Tallahassee, Florida | Flagship Peoples Bank of Tallahassee |
| Jan 1, 1979 | City National Building Corp | First Alabama Bank of Tuscaloosa, N. A. |
| Jan 1, 1979 | First Merchants National Bank | Midlantic National Bank/Merchants |
| Jan 1, 1979 | Southeast Bank of Siesta Key | Southeast First National Bank of Sarasota |
| Jan 1, 1979 | First-City National Bank of Binghamton, N. Y. | Chase Lincoln First Bank, N.A. |
| Jan 1, 1979 | Landmark Bank of North Tampa | Citizens and Southern Bank of Tampa |
| Jan 1, 1979 | North Hialeah First State Bank | The First State Bank of Miami |
| Jan 1, 1979 | Southeast Bank of Village Plaza, N. A. | Southeast First National Bank of Sarasota |
| Jan 1, 1979 | Barnett Bank of North Jacksonville | Barnett Bank, National Association |
| Jan 1, 1979 | Hialeah-Miami Springs First State Bank | The First State Bank of Miami |
| Jan 1, 1979 | Lincoln First Bank of Rochester | Chase Lincoln First Bank, N.A. |
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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