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 |
|---|---|---|
| Sep 26, 1980 | Heinz Lake City Federal Credit Union | Lake Erie Community Federal Credit Union |
| Sep 25, 1980 | Louisville Icrr Employees Credit Union | Signet Federal Credit Union |
| Sep 25, 1980 | Council 30 Credit Union | Motor City Co-Op Credit Union |
| Sep 25, 1980 | Billboard Employees Credit Union | Communicating Arts Credit Union, Inc. |
| Sep 20, 1980 | The First National Bank of Harrison | KeyBank N.A. |
| Sep 20, 1980 | South Side National Bank | First Eastern Bank, National Association |
| Sep 20, 1980 | North Scranton Bank and Trust Company | First Eastern Bank, National Association |
| Sep 16, 1980 | Marion FS&LA | Phenix FS&LA F.A. |
| Sep 12, 1980 | F M C-E E D Employees Federal Credit Union | Dupage Credit Union |
| Sep 11, 1980 | Empire National Bank | The Bank of New York Mellon |
| Sep 10, 1980 | Sullivan Chevrolet Credit Union | Central Illinois Credit Union |
| Sep 8, 1980 | Tiffin Valley National Bank | First National Bank Northwest Ohio |
| Sep 3, 1980 | Interamerican Bank of Miami | The Bank of Miami |
| Sep 3, 1980 | Galveston County Employee Credit Union | Galveston Government Employees Credit Union |
| Sep 3, 1980 | Gal Tran & Bus Lines Employee Credit Union | Coastal Community Federal Credit Union |
| Sep 2, 1980 | Crestwood Bank Shares Corporation | Metro Bancholding Corporation |
| Sep 2, 1980 | Americana Federal Savings and Loan Association of Chicago | North West Federal Savings and Loan Association of Chicago |
| Sep 2, 1980 | South St. Louis Investment Company | South St. Louis Investment/contract Leasing Corp |
| Sep 2, 1980 | Bank of Middletown | First Bank of Montgomery County |
| Sep 2, 1980 | Hampton Bankshares Corporation | Metro Bancholding Corporation |
| Sep 1, 1980 | Security Savings and Loan Association | Amerus Bank |
| Sep 1, 1980 | First Security Savings and Loan Association Hot Springs | Firstsouth Federal Savings and Loan Association |
| Sep 1, 1980 | First FS&LA of Gadsden | Pioneer Federal Savings Bank |
| Sep 1, 1980 | Valley of Virginia Bankshares, Inc. | First Union Corporation of Virginia |
| Sep 1, 1980 | Bay Colony Federal Savings & Loan Association | Freedom Federal Savings & Loan |
| Sep 1, 1980 | Wilkes Savings and Loan Association | Surety Federal Savings and Loan Association, F.A. |
| Aug 29, 1980 | American Security Bank | Eldorado Bank |
| Aug 26, 1980 | The State Bank of New Jersey | The Midland Bank and Trust Company |
| Aug 20, 1980 | Concord Credit Union | New Hampshire Federal Credit Union |
| Aug 16, 1980 | Home State Bank | National Westminster Bank USA |
| Aug 15, 1980 | Keystone Bank | First Seneca Bank |
| Aug 15, 1980 | The Lewisburg National Bank | Northern Central Bank |
| Aug 14, 1980 | Represa Employees Credit Union | The Golden 1 Credit Union |
| Aug 12, 1980 | Delaware Valley Savings & Loan Association | Statewide Savings Bank, S.L.A. |
| Aug 8, 1980 | Columbia Bank, National Association | U.S. Bank of Washington, National Association |
| Aug 2, 1980 | Navarro Savings Association | Continental Savings, a Federal Savings & Loan Association |
| Aug 2, 1980 | Isb Financial Corporation | Comerica Incorporated |
| Aug 1, 1980 | The Dime Bank of Huntsville, Ohio | The Dime Bank of Northwest Ohio |
| Aug 1, 1980 | Heritage Bank, N.A. - Flushing | Heritage Bank |
| Aug 1, 1980 | Norris Savings & Loan Association | Progress Bank |
| Aug 1, 1980 | Penn Federal Savings & Loan Association of Philadelphia | Metropolitan Federal Savings & Loan of Eastern Pennsylvania |
| Aug 1, 1980 | Massillon Savings & Loan Company | First American Savings Bank, FSB |
| Aug 1, 1980 | Home Federal Savings & Loan Association | Future Federal Savings Bank |
| Aug 1, 1980 | United Oklahoma Insurance Agency, Inc. | United Oklahoma Bank |
| Aug 1, 1980 | Coronado Credit Union | Nusenda Federal Credit Union |
| Aug 1, 1980 | The Dime Bank of McClure | The Dime Bank of Northwest Ohio |
| Aug 1, 1980 | Port Salerno National Bank | Florida National Bank of Martin County |
| Aug 1, 1980 | McNeil Island Employees Federal Credit Union | Harborstone Credit Union |
| Aug 1, 1980 | The Farmers and Citizens Bank | The Central Trust Company |
| Aug 1, 1980 | The Beatitudes Federal Credit Union | Arizona Central Credit Union |
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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