Mergers by Year
Bank Mergers in 1986
The Federal Reserve's National Information Center (NIC) recorded 983 merger records involving a bank, credit union or bank holding company in 1986. 404 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 1,032 in 1985.
Largest bank mergers of 1986
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1986 | Farmers Bank & Trust Company | — | Security Bank and Trust Company |
| Dec 31, 1986 | Citizens B&TC | — | Louisiana National Bank |
| Dec 31, 1986 | Capital Bank and Trust | — | Southern National Bank of South Carolina |
| Dec 31, 1986 | The Colonial Bank of Alabama | — | Colonial Bank |
| Dec 31, 1986 | First Palmetto State Bank and Trust Company | — | Southern National Bank of South Carolina |
| Dec 31, 1986 | The Northern Trust Company of Arizona | — | Northern Trust Bank, National Association |
| Dec 31, 1986 | First National Bank in Palm Beach | — | Southeast Bank, N.A. |
| Dec 31, 1986 | The Nashville State Bank | — | Trustcorp Bank Columbus, National Association |
| Dec 31, 1986 | The Colonial Bank of North Alabama | — | Colonial Bank |
| Dec 31, 1986 | The Bridgeville Trust Company | — | PNC Bank, N.A. |
| Dec 31, 1986 | Gresham State Bank | — | York State Bank |
| Dec 31, 1986 | Valley Bank of Coal Valley | — | Blackhawk Bank & Trust |
| Dec 31, 1986 | Atlantic National Bank of Miami | — | First Union National Bank of Florida |
| Dec 31, 1986 | First Midwest Bank/Braidwood | — | First Midwest Bank/Joliet, National Association |
| Dec 31, 1986 | Centerre Bank of St. Peters National Association | — | Centerre Bank N.A. |
Every merger recorded in 1986
983 NIC merger records in 1986 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Jul 1, 1986 | Wallace Silversmiths Employees Federal Credit Union | Quinnipiac Valley Community Federal Credit Union |
| Jul 1, 1986 | Hav-A-Tampa Empl Cu | Transport Credit Union |
| Jul 1, 1986 | Coraopolis R B & W Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Jul 1, 1986 | Midlantic National Bank/South | Midlantic National Bank/South |
| Jul 1, 1986 | Intermountain Bankshares Inc | United Bankshares, Inc. |
| Jul 1, 1986 | Pineview Bancshares, Inc. | Planters First Bancorp |
| Jul 1, 1986 | Flint Bancshares, Inc. | Planters First Bancorp |
| Jul 1, 1986 | First Banc Group, Inc. | First Banc Group, Inc. |
| Jul 1, 1986 | Midwest Commerce Corporation | Midwest Commerce Corporation |
| Jul 1, 1986 | First Burlington Corporation | Illinois Banc One Corporation |
| Jul 1, 1986 | Union Bancorp Inc. | Union Bancorp Inc. |
| Jul 1, 1986 | Bic Empl Cu | Compass Financial Federal Credit Union |
| Jul 1, 1986 | Portsmouth Bancorporation | Shelby County Bancshares, Inc. |
| Jun 30, 1986 | Big Way Employees Federal Credit Union | Hotel and Travel Industry Federal Credit Union |
| Jun 30, 1986 | Kent Realty Corporation | Fifth Third Bank |
| Jun 30, 1986 | Kent Development Corporation | Fifth Third Bank |
| Jun 30, 1986 | Haslett Employees Federal Credit Union | Moore West Federal Credit Union |
| Jun 30, 1986 | E & J International Credit Union | Ventura County Credit Union |
| Jun 30, 1986 | Universal Credit Union | Vantage Credit Union |
| Jun 30, 1986 | Local Union 379 Ibew Federal Credit Union | Hamlet Federal Credit Union |
| Jun 30, 1986 | Iee Federal Credit Union | American Federal Credit Union |
| Jun 30, 1986 | Sierra Electric Employees Credit Union | Star Harbor Federal Credit Union |
| Jun 30, 1986 | The Etna Bank | First National Bank of Warsaw |
| Jun 30, 1986 | Zenith National Insurance Credit Union | Star Harbor Federal Credit Union |
| Jun 30, 1986 | U C B C Employees Federal Credit Union | Indiana Members Credit Union |
| Jun 30, 1986 | Aeroflex Laboratories Employees Federal Credit Union | N Y Team Federal Credit Union |
| Jun 30, 1986 | United Warehousemen & Drivers Federal Credit Union | Tremont Credit Union |
| Jun 28, 1986 | Rutland Bank | (unnamed) |
| Jun 27, 1986 | The State Savings and Loan Company | Granite Bank, Federal Savings Bank |
| Jun 27, 1986 | Bank of New England - Bay State, National Association | Bank of New England, N.A. |
| Jun 27, 1986 | Bank of New England - Hancock | Bank of New England, N.A. |
| Jun 27, 1986 | Citizens Home and Savings Company | Granite Bank, Federal Savings Bank |
| Jun 27, 1986 | Bank of New England-Bristol County, N.A. | Bank of New England, N.A. |
| Jun 27, 1986 | Bank of New England - North Shore | Bank of New England, N.A. |
| Jun 27, 1986 | Bank of New England - Barnstable County, National Association | Bank of New England, N.A. |
| Jun 27, 1986 | Bank of New England - Worcester County, National Association | Bank of New England, N.A. |
| Jun 26, 1986 | HY K Federal Credit Union | Eddy Federal Credit Union |
| Jun 26, 1986 | The Clear Creek Valley Banking Company | The Central Trust Company |
| Jun 25, 1986 | (unnamed) | Bank One, National Association |
| Jun 25, 1986 | The Bank of Bunker | Town & Country Bank |
| Jun 23, 1986 | Auburn Federal Credit Union | Dirigo Federal Credit Union |
| Jun 23, 1986 | BMH Empl Cu | Y-12 Federal Credit Union |
| Jun 21, 1986 | TN Handbag Sa Cu | Knoxville Tva Employees Credit Union |
| Jun 20, 1986 | Bank of Boston-Western Massachusetts, National Association | Fleet National Bank |
| Jun 18, 1986 | San Antonio Schools Employee Federal Credit Union | Select Federal Credit Union |
| Jun 16, 1986 | Chemical Bank Albion | Chemical Bank South |
| Jun 16, 1986 | The Cambria State Bank | Dairyman's State Bank |
| Jun 14, 1986 | S Mississippi Home HLTH Cu | Sunbelt Federal Credit Union |
| Jun 14, 1986 | Farmers State Bank of Liberal | Bank of Minden |
| Jun 10, 1986 | Akron Financial, Inc. | Norwest Indiana, 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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