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 |
|---|---|---|
| Mar 22, 1980 | First National Bank of Clermont County | KeyBank N.A. |
| Mar 22, 1980 | The South Amboy Trust Company | First National Bank of New Jersey |
| Mar 20, 1980 | Nampa Medical Federal Credit Union | Cornerstone Credit Union |
| Mar 20, 1980 | Carthage Mills Employees Credit Union | Trupartner Credit Union, Inc. |
| Mar 18, 1980 | French Bank of California | Bank of the West |
| Mar 12, 1980 | Pioneer Industrial Bank | Aetna Industrial Bank |
| Mar 12, 1980 | The Buckeye State Bank | Trustcorp Company, National Association |
| Mar 2, 1980 | Fillmore Savings and Loan Association | Goldome |
| Mar 1, 1980 | The Citizens Bank of Shelby | National City Bank of Columbus |
| Mar 1, 1980 | Hot Springs Savings and Loan Association | First Savings of Arkansas, F.A. |
| Mar 1, 1980 | Commerce B&LA | AFB&T |
| Mar 1, 1980 | Washington Federal Savings & Loan Association | Broadview Federal Savings Bank |
| Mar 1, 1980 | American Federal Savings and Loan Association | (unnamed) |
| Feb 28, 1980 | Shasta County Employees Federal Credit Union | Sierra Central Credit Union |
| Feb 16, 1980 | North County Public Employees Federal Credit Union | San Diego County Credit Union |
| Feb 11, 1980 | Equitable Federal Savings and Loan Association of New York | Home Savings of America, the Bowery DIV., FSB |
| Feb 8, 1980 | Marine Corps Recruit Depot Federal Credit Union | Frontwave Credit Union |
| Feb 2, 1980 | Kennebunk Savings & Loan Association | Sun Savings & Loan Federal Association |
| Feb 1, 1980 | Ellis Bank of North Tampa | Ellis National Bank of Central Florida |
| Feb 1, 1980 | Ellis National Bank of West Hillsborough | Ellis National Bank of Central Florida |
| Feb 1, 1980 | World Savings Association | United Savings Association of Texas |
| Feb 1, 1980 | Northeast Savings & Loan Association | Citizens Savings Bank |
| Feb 1, 1980 | The State Bank of Belmont | Key Bank of Western New York National Association |
| Feb 1, 1980 | First FS&LA | Phenix FS&LA F.A. |
| Feb 1, 1980 | Home Protective Savings and Loan Association | Peoples Home Savings Bank |
| Feb 1, 1980 | Ellis National Bank of Davis Islands | Ellis National Bank of Central Florida |
| Jan 31, 1980 | Home Savings and Loan Association | Home Federal Savings & Loan Association |
| Jan 26, 1980 | Eagle Rock Bank, Inc. | First Union National Bank of Virginia |
| Jan 24, 1980 | Fort Scott Medical Credit Union | Kansas Teachers Community Credit Union |
| Jan 22, 1980 | Guardsmen Federal Credit Union | Kirtland Federal Credit Union |
| Jan 18, 1980 | Loyal American Emp Cu | Alabama Central Credit Union |
| Jan 12, 1980 | Bernards State Bank | Morris Savings Bank |
| Jan 11, 1980 | Citizens Savings and Loan Association | Continental Federal Savings and Loan Association |
| Jan 10, 1980 | Country Club Dairy Credit Union | Missouri Central Credit Union |
| Jan 9, 1980 | The Bank of Trenton | First Citizens Bank and Trust Company, Inc. |
| Jan 2, 1980 | The Broadway National Bank of Tampa | (unnamed) |
| Jan 2, 1980 | General Properties Incorporated | Citizens and Southern National Bank of St. Petersburg |
| Jan 2, 1980 | Epharta Building & Loan Association | Conestoga Savings & Loan Association |
| Jan 2, 1980 | Nazareth College of Rochester Federal Credit Union | Pittsford Federal Credit Union |
| Jan 2, 1980 | Palmbake Fcu | Alabama Central Credit Union |
| Jan 2, 1980 | Howe Richardson Scale Employees Credit Union | Heritage Family Federal Credit Union |
| Jan 2, 1980 | The First National Bank in Plant City | (unnamed) |
| Jan 1, 1980 | Beaver State Savings and Loan Association | Citizens Savings and Loan Association, a Federal Savings and Loan Association |
| Jan 1, 1980 | Fairmont Federal Savings and Loan Association | First Standard Federal Savings Association |
| Jan 1, 1980 | The Community Bank | Pacific Western Bank |
| Jan 1, 1980 | The Bank of Inverness | Deposit Guaranty National Bank |
| Jan 1, 1980 | Pencan Employees Credit Union | Fairmont Village Credit Union |
| Jan 1, 1980 | American Arlington Bank | American State Bank |
| Jan 1, 1980 | The First State Bank of Rice | Bremer Bank, National Association |
| Jan 1, 1980 | The American Bank of Central Ohio | Society 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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