Mergers by Year
Bank Mergers in 1985
The Federal Reserve's National Information Center (NIC) recorded 1,032 merger records involving a bank, credit union or bank holding company in 1985. 401 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 953 in 1984.
401
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
104
Holding companies
Bank holding companies merged
Largest bank mergers of 1985
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1985 | The Citizens and Southern Bank of West Georgia | — | NationsBank, National Association (South) |
| Dec 31, 1985 | The Citizens and Southern Newnan Bank | — | NationsBank, National Association (South) |
| Dec 31, 1985 | Gwinnett Bank & Trust Company | — | First Georgia Bank |
| Dec 31, 1985 | City Bank & Trust Company of Lincoln | — | Havelock Bank |
| Dec 31, 1985 | Bank of Boston Trust Company of Arizona | — | Chase Trust Company of Arizona |
| Dec 31, 1985 | Manufacturers Hanover, National Association | — | Manufacturers Hanover Trust Company |
| Dec 31, 1985 | The Citizens and Southern Bank of Dublin | — | NationsBank, National Association (South) |
| Dec 31, 1985 | Northern Michigan Bank of Marquette | — | Northern Michigan Bank & Trust |
| Dec 31, 1985 | Western Community Bank, National Association | — | Western Community Bank |
| Dec 31, 1985 | Home Federal Savings and Loan Association of Sioux City | — | Vantus Bank |
| Dec 31, 1985 | Northern Michigan Bank of Kingsford | — | Northern Michigan Bank & Trust |
| Dec 31, 1985 | The Citizens and Southern Bank of Thomaston | — | NationsBank, National Association (South) |
| Dec 31, 1985 | Wellington Colorado Industrial Bank | — | Fort Collins Colorado Industrial Bank |
| Dec 31, 1985 | Georgia State Bank | — | First Union Bank of Augusta |
| Dec 31, 1985 | Western Ohio National Bank & Trust Company | — | Heritage National Bank and Trust Company |
Every merger recorded in 1985
1,032 NIC merger records in 1985 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Feb 28, 1985 | S F Federal Credit Union | L C E Federal Credit Union |
| Feb 28, 1985 | C C I Fcu | Formation Federal Credit Union |
| Feb 27, 1985 | Central Blood Bank Federal Credit Union | Little Giant Federal Credit Union |
| Feb 25, 1985 | Icl Utica Federal Credit Union | G.P.O. Federal Credit Union |
| Feb 25, 1985 | The State Bank of Waldron | Ameritrust National Bank, Shelby County |
| Feb 25, 1985 | 686 Small Plants Federal Credit Union | Cornerstone Community Federal Credit Union |
| Feb 25, 1985 | Hairstyling Industry Federal Credit Union | Hamlet Federal Credit Union |
| Feb 22, 1985 | Florida Coast Bank | Barnett Banks Trust Company, National Association |
| Feb 22, 1985 | NCNB National Bank of Florida | NationsBank of Florida, National Association |
| Feb 21, 1985 | Sun Employees Credit Union of Philadelphia | Sun Federal Credit Union |
| Feb 21, 1985 | SBT Holding Company | Southwest Ban Corporation |
| Feb 20, 1985 | Witco Staff Federal Credit Union | Greater Alliance Federal Credit Union |
| Feb 19, 1985 | Inwood Bancorp, Inc. | Larch Bancorporation, Inc. |
| Feb 19, 1985 | Central Fidelity Bank | Central Fidelity National Bank |
| Feb 18, 1985 | General Dynamics/east Camden Federal Credit Union | River Valley Community Federal Credit Union |
| Feb 18, 1985 | Employment Security Credit Union | First Financial Credit Union |
| Feb 16, 1985 | Dominion Bank of Fredericksburg, National Association | Dominion Bank of Richmond, National Association |
| Feb 15, 1985 | Eastland County Teachers Federal Credit Union | Abilene Teachers Federal Credit Union |
| Feb 15, 1985 | Greenway Employee Federal Credit Union | Frick Financial Federal Credit Union |
| Feb 14, 1985 | Firestone Employees Federal Credit Union | Nupath Community Credit Union |
| Feb 12, 1985 | Fort Gaines Banking Company | First State Bank & Trust Company |
| Feb 11, 1985 | Portland Air Base Federal Credit Union | NW Priority Credit Union |
| Feb 11, 1985 | Northern Connecticut National Bank | The Connecticut Bank and Trust Company, N.A. |
| Feb 9, 1985 | Texoma Savings of Grayson County | Sunbelt Savings of Texas |
| Feb 9, 1985 | Bhi Trust, Limited | Hawaiian Trust Company, Limited |
| Feb 9, 1985 | Town & Country Savings Div/bonham | Sunbelt Savings of Texas |
| Feb 9, 1985 | SouthTrust Bank of Tuskegee | SouthTrust Bank |
| Feb 8, 1985 | Third Bapist Church Federal Credit Union | A P Federal Credit Union |
| Feb 4, 1985 | The Tremont National Bank | Community Banks, National Association |
| Feb 4, 1985 | Local #7 Federal Credit Union | Hudson River Community Credit Union |
| Feb 2, 1985 | Fredericksburg Area Credit Union | Virginia Federal Credit Union |
| Feb 1, 1985 | Banc of Maine Corporation | Merrill/norstar Bankshare Association |
| Feb 1, 1985 | Belleair Banking Corp. | First Florida Banks, Incorporated |
| Feb 1, 1985 | (unnamed) | Ludlow Savings Bank |
| Feb 1, 1985 | Gardens CMNTY Hosp Fcu | Gold Coast Federal Credit Union |
| Feb 1, 1985 | Ua 525 Federal Credit Union | I B E W Plus Credit Union |
| Feb 1, 1985 | Inter-Valley Savings Association | Valleywood Savings Association |
| Feb 1, 1985 | First Gulf Beach Bank and Trust Company | (unnamed) |
| Feb 1, 1985 | Merchants Bank and Trust Company of Cape Cod | Bank of Cape Cod |
| Feb 1, 1985 | Bank of Amelia | First Virginia Bank - Southside |
| Feb 1, 1985 | Bank of Maine, N. A. | Norstar Bank of Maine |
| Feb 1, 1985 | People's Savings Bank | TD Bank, N.A. |
| Feb 1, 1985 | First Bank & Trust Company | (unnamed) |
| Feb 1, 1985 | Manasota Fcu | Gte Federal Credit Union dba Gte Financial |
| Feb 1, 1985 | Floyd County Bank | P N C Bank, Indiana, Inc. |
| Feb 1, 1985 | Dakota Savings & Loan Association | First Bank, Federal Savings Bank |
| Feb 1, 1985 | West Orange Teachers Fcu Federal Credit Union | West Orange Municipal Federal Credit Union |
| Feb 1, 1985 | (unnamed) | Ludlow Savings Bank |
| Jan 31, 1985 | York Products Employees Credit Union | Ocean Communities Federal Credit Union |
| Jan 31, 1985 | First Thomson Bancorp, Inc. | Suntrust Banks of Georgia, Inc. |
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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