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 |
|---|---|---|
| May 31, 1980 | Citizens Building & Loan Association | Civic Federal Savings Bank |
| May 31, 1980 | First Federal Savings and Loan Association of Oglesby | Champion Federal Savings and Loan Association |
| May 30, 1980 | Chicago A-M Employees Credit Union | Meadows Credit Union |
| May 30, 1980 | The Polk State Bank | National City Bank of Ashland |
| May 20, 1980 | First Investment ADVISORS,INC. | Louisiana Banc One Corporation |
| May 20, 1980 | N G P L Employees Credit Union | I. H. Mississippi Valley Credit Union |
| May 12, 1980 | Security Bank of Hernando | Cadence Bank |
| May 10, 1980 | AmeriTrust Company of Lorain County | AmeriTrust Company National Association |
| May 10, 1980 | AmeriTrust Company of Franklin County | AmeriTrust Company National Association |
| May 10, 1980 | AmeriTrust Company of Lake County | AmeriTrust Company National Association |
| May 10, 1980 | Franklin Bank | Northeastern Bank |
| May 9, 1980 | Martin Senour Employees Credit Union | Sherwin Williams Employees Credit Union |
| May 2, 1980 | First Bankcard Inc. | First National Bank of Commerce |
| May 1, 1980 | Continental Savings & Loan Association | Collective Bank |
| May 1, 1980 | Abaco Credit Union Inc | Trupartner Credit Union, Inc. |
| May 1, 1980 | The Ft. Recovery Banking Company | Second National Bank |
| May 1, 1980 | Branch County Bank | Century Bank and Trust |
| May 1, 1980 | Savings and Loan Association of Auburn | Onbank |
| May 1, 1980 | Akron Savings & Loan Company | Transohio Federal Savings Bank |
| May 1, 1980 | American FS&LA | Jefferson Federal Savings and Loan Association, F. A. |
| May 1, 1980 | United Savings Association | Transohio Federal Savings Bank |
| May 1, 1980 | (unnamed) | Pan American Bank of Broward |
| Apr 30, 1980 | Social Workers and Nurses Credit Union | Public Service Credit Union |
| Apr 30, 1980 | GMC Downingtown Federal Credit Union | American Heritage Federal Credit Union |
| Apr 24, 1980 | Boonsboro Bank of Boonsboro, Maryland | Hagerstown Trust Company |
| Apr 21, 1980 | Westab Employees Credit Union | Advia Credit Union |
| Apr 21, 1980 | Hartford Plaza Bank | LaSalle National Bank |
| Apr 19, 1980 | The American Properties Company | The American Company |
| Apr 18, 1980 | Abcd Co-Op Credit Union | Trupartner Credit Union, Inc. |
| Apr 12, 1980 | Tri Parish Credit Union | Catholic Family Credit Union |
| Apr 11, 1980 | T C Municipal Federal Credit Union | 4Front Credit Union |
| Apr 2, 1980 | The First National Bank of Shippensburg | The Commonwealth National Bank |
| Apr 1, 1980 | Tri County Savings & Loan-Hudson | First Federal Capital Bank |
| Apr 1, 1980 | Postal of Pasadena California Credit Union | The San Gabriel Valley Postal Credit Union |
| Apr 1, 1980 | The Merchants and Manufacturers National Bank of Sharon | Mellon Bank (North) National Association |
| Apr 1, 1980 | Mountain State Federal Credit Union | First Choice America Community Federal Credit Union |
| Apr 1, 1980 | First Farmington Savings and Loan Association | D&N Bank |
| Apr 1, 1980 | Northwest Baptist Federal Credit Union | Adelfi Credit Union dba Christian Community Credit Union |
| Apr 1, 1980 | Vivian State Bank | Bankwest, Incorporated |
| Apr 1, 1980 | Citizens Building and Loan Association | Columbia Savings Association, F.A. |
| Apr 1, 1980 | Bepco Cu | First Central Credit Union |
| Apr 1, 1980 | Badlands State Bank | Bankwest, Incorporated |
| Mar 31, 1980 | The Bank of Eden | The Northwestern Bank |
| Mar 31, 1980 | (unnamed) | Signet Bank |
| Mar 31, 1980 | Sears Bay Area Federal Credit Union | South Western Federal Credit Union |
| Mar 31, 1980 | Cumberland County Employees Credit Union | Maine State Credit Union |
| Mar 31, 1980 | Inyo-Mono National Bank | (unnamed) |
| Mar 30, 1980 | The Farmers and Merchants Bank | The Huntington National Bank |
| Mar 28, 1980 | (unnamed) | Commonwealth Bank |
| Mar 22, 1980 | American Commercial Bank | First Interstate Bank of Washington, National Association |
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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