Mergers by Year
Bank Mergers in 1980
The Federal Reserve's National Information Center (NIC) recorded 353 merger records involving a bank, credit union or bank holding company in 1980. 222 had a bank as the acquired institution. Many acquired parties in this period are not classified as banks, credit unions or holding companies, so the bank count understates the year; the full list is below. NIC recorded 246 in 1979.
222
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
8
Holding companies
Bank holding companies merged
Largest bank mergers of 1980
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1980 | The Suburban Bank | — | Meridian Bank |
| Dec 31, 1980 | Civic Federal Savings and Loan Association | — | Southern California Savings and Loan Association, a Federal Savings and Loan Association |
| Dec 31, 1980 | The Citizens and Southern Bank of Fulton County | — | NationsBank, National Association (South) |
| Dec 31, 1980 | Gulfstream American Bank and Trust, N.A. | — | NationsBank of Florida, National Association |
| Dec 31, 1980 | Larned Savings and Loan Association | — | Western Savings Association |
| Dec 31, 1980 | Home Federal Savings and Loan Association of Chicago | — | Lasalle Bank, F.S.B. |
| Dec 31, 1980 | Citizens Savings Association | — | Community Federal Savings and Loan Association |
| Dec 31, 1980 | Weldon Savings and Loan Association | — | Pioneer Savings Bank, Inc. |
| Dec 31, 1980 | The Grange National Bank of Lycoming County at Hughesville | — | Bank of Central Pennsylvania |
| Dec 31, 1980 | Gulfstream Bank of Boynton Beach, National Association | — | NationsBank of Florida, National Association |
| Dec 31, 1980 | Northwestern Federal Savings and Loan Association | — | Capital City Federal Savings and Loan Association |
| Dec 31, 1980 | The Citizens and Southern Emory Bank | — | NationsBank, National Association (South) |
| Dec 31, 1980 | Burlington National Bank | — | Central Carolina Bank and Trust Company |
| Dec 31, 1980 | The Citizens and Southern DeKalb Bank | — | NationsBank, National Association (South) |
| Dec 30, 1980 | Catamount Bank | — | Merchants Bank |
Every merger recorded in 1980
353 NIC merger records in 1980 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 1, 1980 | Burlingame City Employees Federal Credit Union | Monterra Credit Union |
| Dec 1, 1980 | C N a Employees Credit Union | A C M E Continental Credit Union |
| Dec 1, 1980 | Ipco New Stanton Federal Credit Union | Stanwood Area Federal Credit Union |
| Dec 1, 1980 | Lebanon Bank & Trust Company | Hanover Bank & Trust Company |
| Dec 1, 1980 | (unnamed) | Quincy Savings Bank |
| Dec 1, 1980 | DLS Federal Credit Union | Citizens Community Credit Union |
| Dec 1, 1980 | First Western Savings and Loan Association | Santa Barbara Federal Savings and Loan Association |
| Dec 1, 1980 | Southeast Bank of Indian River, N.A. | Southeast Bank of Indian River |
| Dec 1, 1980 | Homeowners Building and Loan Association | Magnet Bank, Federal Savings Bank |
| Dec 1, 1980 | Cesp Federal Credit Union | Pasadena Federal Credit Union |
| Dec 1, 1980 | Ellis Bank of Seminole County | NCNB National Bank of Florida |
| Dec 1, 1980 | Redwood Allied Health Credit Union | Redwood Credit Union |
| Dec 1, 1980 | Eldec Employees Credit Union | Puget Sound Federal Credit Union |
| Dec 1, 1980 | Newgate Savings and Loan Association | Ameribanc Savings Bank, FSB |
| Dec 1, 1980 | United Jersey Bank/Ocean County, National Association | United Jersey Bank/Mid State |
| Dec 1, 1980 | Home FS&LA | Trans Financial Bank of Tennessee, Federal Savings Bank |
| Nov 30, 1980 | Roberts Hawaii Federal Credit Union | Hawaii Central Federal Credit Union |
| Nov 28, 1980 | Patriot Federal Savings and Loan Association | First Palmetto Bank |
| Nov 22, 1980 | First Security Bank of Logan, National Association | Wells Fargo Trust Company, N.A. |
| Nov 22, 1980 | United Savings and Loan Association | Gibson Federal Savings and Loan Association |
| Nov 21, 1980 | Tioga Credit Union | Kansas Teachers Community Credit Union |
| Nov 21, 1980 | State Bank | F&M Bank-Iowa Central |
| Nov 18, 1980 | Parklane Investment Corp. | Midlantic National Bank/North |
| Nov 17, 1980 | Guaranty FS&LA | Fortune Bank a Savings Bank |
| Nov 17, 1980 | Kewaunee Savings and Loan Association | Colonial Savings Association |
| Nov 14, 1980 | Sun Bank of Osceola County | SunTrust Bank, Central Florida, National Association |
| Nov 14, 1980 | Sun First National Bank of Orlando | SunTrust Bank, Central Florida, National Association |
| Nov 10, 1980 | Chadron Savings and Loan Association | Occidental-Nebraska Savings Bank, F.S.B. |
| Nov 8, 1980 | Sioux City Federal Savings and Loan Association | United Federal Savings Association of Iowa |
| Nov 5, 1980 | Coast Federal Savings and Loan Association | Coast Federal Savings and Loan Association |
| Nov 3, 1980 | Eltra Toledo Federal Credit Union | Co-Op Toledo Credit Union, Inc. |
| Nov 3, 1980 | Van Buren Savings and Loan Association | United Federal Savings and Loan Association |
| Nov 3, 1980 | County Capital Building & Loan Association | Penncrest Bank |
| Nov 1, 1980 | Villisca Mutual Savings and Loan Association | Scandia Savings and Loan Association |
| Nov 1, 1980 | Financial Centers Management Corporation | Fidelcor, Inc. |
| Nov 1, 1980 | Bank of Virginia-Central Valley | Signet Bank |
| Nov 1, 1980 | Florida Bank at Fort Lauderdale | Florida National Bank of Miami |
| Nov 1, 1980 | The Florida First National Bank at Fernandina Beach | Florida National Bank |
| Nov 1, 1980 | Cobb County Bank | Wachovia Bank of Georgia, National Association |
| Nov 1, 1980 | The Bank of Chatham | First & Merchants National Bank |
| Nov 1, 1980 | The Farmers National Bank of Conneautville | Marine Bank |
| Nov 1, 1980 | Sheridan Savings and Loan Association | Key Savings and Loan Association |
| Nov 1, 1980 | City Bank & Trust Company | Boston Trust Walden N.A. |
| Nov 1, 1980 | Portland Wonder Federal Credit Union | Gateway Credit Union |
| Nov 1, 1980 | Acurex Federal Credit Union | Keypoint Credit Union |
| Nov 1, 1980 | Amherst Bank & Trust Company | Amoskeag National Bank & Trust Company |
| Oct 31, 1980 | Sumter Securities, Inc. | Regions Financial Corporation |
| Oct 31, 1980 | Seco Credit Union | County Credit Union |
| Oct 31, 1980 | Sharonville Savings & Loan Association | Peoples Savings Association |
| Oct 30, 1980 | Main Federal Savings and Loan Association | Freedom Savings Association, F.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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