Mergers by Year
Bank Mergers in 1981
The Federal Reserve's National Information Center (NIC) recorded 703 merger records involving a bank, credit union or bank holding company in 1981. 462 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 353 in 1980.
462
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
9
Holding companies
Bank holding companies merged
Largest bank mergers of 1981
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1981 | Southeast Bank of Tampa | — | Southeast Bank, N.A. |
| Dec 31, 1981 | Southeast Bank of Winter Haven | — | Southeast Bank, N.A. |
| Dec 31, 1981 | The Citizens and Southern Bank of Cobb County | — | NationsBank, National Association (South) |
| Dec 31, 1981 | Central Bank of Tuscaloosa, National Association | — | BBVA USA |
| Dec 31, 1981 | First FS&LA of Pickens Cou | — | Phenix FS&LA F.A. |
| Dec 31, 1981 | Southeast Bank of Jacksonville | — | Southeast Bank, N.A. |
| Dec 31, 1981 | The Morrisville Bank | — | Bucks County Bank and Trust Company |
| Dec 31, 1981 | Central Bank of St. Clair County | — | BBVA USA |
| Dec 31, 1981 | Liberty National Bank | — | Valley National Bank |
| Dec 31, 1981 | Central Bank of Walker County | — | BBVA USA |
| Dec 31, 1981 | Southeast First National Bank of Fort Pierce | — | Southeast Bank, N.A. |
| Dec 31, 1981 | The Citizens and Southern Bank of Clayton County | — | NationsBank, National Association (South) |
| Dec 31, 1981 | Southeast National Bank of Naples | — | Southeast Bank, N.A. |
| Dec 31, 1981 | Central Bank of Alabama, National Association | — | BBVA USA |
| Dec 31, 1981 | Southeast National Bank of Bradenton | — | Southeast Bank, N.A. |
Every merger recorded in 1981
703 NIC merger records in 1981 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Aug 29, 1981 | Winnetka Savings and Loan Association | Citibank, Federal Savings Bank |
| Aug 27, 1981 | Tipp S E Federal Credit Union | Purdue Federal Credit Union |
| Aug 24, 1981 | GM Credit Union | Century Credit Union |
| Aug 24, 1981 | Ben-Cor Federal Credit Union | Central Willamette Credit Union |
| Aug 24, 1981 | May Company Employees Federal Credit Union | Equitable Federal Credit Union |
| Aug 24, 1981 | The Norwich State Bank and Trust Company | The Independent Bank and Trust Company |
| Aug 22, 1981 | Carbon County School Employees Federal Credit Union | Meridian Trust Federal Credit Union |
| Aug 17, 1981 | Bank of Kirkland | NorthWest Bank |
| Aug 17, 1981 | Newfield Savings & Loan Association | Security Federal Savings Bank |
| Aug 17, 1981 | Key Biscayne S&LA | American Savings of Florida, F.S.B. |
| Aug 17, 1981 | Mutual Bank for Savings | First Mutual Bank for Savings |
| Aug 15, 1981 | First FS&LA of Blount Coun | Phenix FS&LA F.A. |
| Aug 15, 1981 | Vernon National Bank | Fleet Bank, National Association |
| Aug 12, 1981 | Ouachita Federal Savigns & Loan Association | Peoples Homestead Savings Bank, FSB |
| Aug 11, 1981 | Council Bluffs Investment Company | Firstar Bank Council Bluffs |
| Aug 10, 1981 | County Federal Savings and Loan Association | Metropolitan Federal Savings and Loan Association |
| Aug 10, 1981 | Des Plaines H F H Employees Federal Credit Union | Healthcare Associates Credit Union |
| Aug 3, 1981 | Quincy-Peoples Savings and Loan Association | American Savings Bank |
| Aug 3, 1981 | Westfield Co-Operative Bank | United Bank |
| Aug 1, 1981 | Barnett Bank of Manatee County | Barnett Bank of Manatee County, National Association |
| Aug 1, 1981 | Investors FS&LA | Guaranty FS&LA |
| Aug 1, 1981 | United Michigan Corporation | United Michigan Corporation |
| Aug 1, 1981 | The Fidelity State Bank | First Bank & Trust |
| Aug 1, 1981 | Emaus Building & Loan Association | Patriot Bank |
| Aug 1, 1981 | Hvra Federal Credit Union | Hawaii Central Federal Credit Union |
| Aug 1, 1981 | Valley Federal Savings and Loan Association | Valley Federal Savings and Loan Association |
| Aug 1, 1981 | Crystal City Savings and Loan Association | Community Federal Savings and Loan Association |
| Aug 1, 1981 | The First Bank of Clayton County | Wachovia Bank of Georgia, National Association |
| Aug 1, 1981 | Milpitas Employees Federal Credit Union | Commonwealth Central Credit Union |
| Aug 1, 1981 | Security FS&LA | Home Federal Bank of Tennessee |
| Aug 1, 1981 | Union Savings Bank of New York | The Dime Savings Bank of New York, FSB |
| Aug 1, 1981 | Guada-Coma Savings & Loan Association | San Antonio Savings Association, Federal Association |
| Aug 1, 1981 | Metropolis Building Association | John Hanson Federal Savings Bank |
| Aug 1, 1981 | Seaside City Employees Federal Credit Union | Monterey Credit Union |
| Aug 1, 1981 | The Farmers Exchange Bank of Coeburn | NationsBank, National Association |
| Aug 1, 1981 | Austin Federal Savings and Loan Association | Chicago Federal Savings and Loan Association |
| Aug 1, 1981 | First FS&LA of N.A. | Sun Federal Savings and Loan Association |
| Aug 1, 1981 | Citizens Savings | American Savings Bank |
| Aug 1, 1981 | First Federal Savings & Loan Association of Allentown | Santander Bank, N.A. |
| Jul 31, 1981 | Troy FS&LA | Guaranty FS&LA |
| Jul 31, 1981 | Union Savings Bank of Manchester | Comerica Bank National Association |
| Jul 31, 1981 | General Foods-Evansville Employees Federal Credit Union | Commonwealth Credit Union |
| Jul 31, 1981 | Allied Savings and Loan Association | Hoyne Savings Bank |
| Jul 30, 1981 | Pioneer Federal Savings and Loan Association | Home Federal Savings and Loan Association of San Francisco |
| Jul 27, 1981 | I P E S Credit Union | A C M E Continental Credit Union |
| Jul 25, 1981 | Upper Avenue Bank | Lake Shore National Bank |
| Jul 22, 1981 | Circle Diamond Federal Credit Union | Superior Credit Union Inc |
| Jul 17, 1981 | (unnamed) | La Jolla Bank & Trust Company |
| Jul 17, 1981 | Mobile Housing Board Federal Credit Union | Gulf Coast Federal Credit Union |
| Jul 15, 1981 | Menlo Atherton Federal Credit Union | Monterra 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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