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 |
|---|---|---|
| Oct 28, 1980 | Community Savings and Loan Association | Capital Savings Bank, Federal Association |
| Oct 24, 1980 | Sun Bank of Broward County | Suntrust Bank, South Florida, N.A. |
| Oct 24, 1980 | Sun Bank of Lauderdale Beach | Suntrust Bank, South Florida, N.A. |
| Oct 20, 1980 | Edgecombe Bank & Trust Company | Truist Bank |
| Oct 16, 1980 | Neponset Valley Bank and Trust Company | USTrust |
| Oct 16, 1980 | Sun First National Bank of Dunedin | Sun Bank/Suncoast, National Association |
| Oct 14, 1980 | The Danbury Bank and Trust Company | The Connecticut Bank and Trust Company, N.A. |
| Oct 9, 1980 | Flower Hospital Employee Federal Credit Union | Co-Op Toledo Credit Union, Inc. |
| Oct 8, 1980 | Linnea Savings and Loan Association | Scandia Savings and Loan Association |
| Oct 6, 1980 | Everett Police Credit Union | Everett Credit Union |
| Oct 4, 1980 | Twin Falls City Employees Credit Union | Magic Valley Federal Credit Union |
| Oct 3, 1980 | First National Bank of Waynesboro | Great Southern Bank |
| Oct 2, 1980 | Garwood Savings and Loan Association | Arch Federal Savings and Loan Association |
| Oct 1, 1980 | North Penn Savings Association | Pennview Savings Bank |
| Oct 1, 1980 | North Charleston Savings & Loan Association | Security Federal Savings, Federal Savings Bank |
| Oct 1, 1980 | Guaranty Savings and Loan Association | Great American Savings and Loan, Federal Association |
| Oct 1, 1980 | Bond Hill Building Company | First Ohio Savings Bank, F.S.B. |
| Oct 1, 1980 | Mount Joy Building & Loan Association | First Federal Savings & Loan Association of Lancaster |
| Oct 1, 1980 | Skaggs-Stone Employees Credit Union | McKesson Employees Federal Credit Union |
| Oct 1, 1980 | Wichita Valley Educ Cu | Wichita Falls Teachers Federal Credit Union |
| Oct 1, 1980 | Mid-Cal National Bank | Bank of Stockton |
| Oct 1, 1980 | Union Savings & Loan Association | Horizon Financial, F.A. |
| Oct 1, 1980 | American FS&LA | Georgia Federal Bank, FSB |
| Oct 1, 1980 | Nacho Federal Credit Union | First Choice America Community Federal Credit Union |
| Oct 1, 1980 | Long Island Bank | Long Island Trust Company, National Association |
| Oct 1, 1980 | Uiu 65 Federal Credit Union | Oregonians Credit Union |
| Oct 1, 1980 | First Federal Savings and Loan Association of Pewaukee | Badger Bank, S.S.B. |
| Oct 1, 1980 | First Federal Savings and Loan Association of Niles | Standard Federal Bank |
| Oct 1, 1980 | Pennview S&LA | Pennview Savings Bank |
| Oct 1, 1980 | Sacred Heart Building and Loan Association | The Bank of Baltimore |
| Oct 1, 1980 | Peoples National Bank | The Carolina Bank |
| Oct 1, 1980 | Lakeland Savings & Loan Association | Community Savings and Loan Association |
| Oct 1, 1980 | International Trust Corporation | CNA Trust Corporation |
| Oct 1, 1980 | Treasure Valley State Bank | Treasure Valley Bank |
| Oct 1, 1980 | I M P C O Federal Credit Union | Sun Community Federal Credit Union |
| Oct 1, 1980 | Wayne Federal Savings and Loan Association | Midwest Federal Savings and Loan Association |
| Oct 1, 1980 | American Federal Savings and Loan Association | Perpetual American Federal Savings and Loan Association |
| Oct 1, 1980 | Medical & Hospital Employees Credit Union | Whatcom Educational Credit Union |
| Oct 1, 1980 | General Savings Association | Franklin Federal Savings Association |
| Oct 1, 1980 | Community First Savings and Loan Association | State Federal Savings and Loan Association |
| Oct 1, 1980 | City Federal Savings and Loan Association | Great American Savings Bank, FSB |
| Oct 1, 1980 | Tower Grove Savings and Loan Association | United Postal Savings Association |
| Sep 30, 1980 | Big Timber Building & Loan Association | Empire Bank |
| Sep 30, 1980 | Hesston Credit Union | Central Kansas Credit Union |
| Sep 30, 1980 | Siskiyou Federal Savings and Loan Association | Heart Federal Savings and Loan Association |
| Sep 30, 1980 | Allstate Savings and Loan Association | PNC Mortgage Bank, N.A. |
| Sep 30, 1980 | Northeastern Bohemian Savings and Loan Association | Madison Bank of Maryland |
| Sep 30, 1980 | Cudahy Savings and Loan Association | Security Bank, S.S.B. |
| Sep 30, 1980 | Ohio Savings Association | Amtrust Bank |
| Sep 29, 1980 | The Solebury National Bank of New Hope | Continental 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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