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.
404
Banks acquired
1 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
102
Holding companies
Bank holding companies merged
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 |
|---|---|---|
| Jun 10, 1986 | Copaco Federal Credit Union | Asa Federal Credit Union |
| Jun 9, 1986 | The First Bankers, N.A. | First Union National Bank of Florida |
| Jun 9, 1986 | First Bankers Corporation of Florida | First Union Corporation of Florida |
| Jun 9, 1986 | The First Bankers of Palm Beach County, National Association | First Union National Bank of Florida |
| Jun 9, 1986 | The First Bankers of Tampa Bay, National Association | First Union National Bank of Florida |
| Jun 9, 1986 | The First Bankers of Indian River County | First Union National Bank of Florida |
| Jun 9, 1986 | The First Bankers of Florida, National Association | First Union National Bank of Florida |
| Jun 9, 1986 | The First Bankers of Orange County, N.A. | First Union National Bank of Florida |
| Jun 9, 1986 | The First Bankers of Polk County | First Union National Bank of Florida |
| Jun 9, 1986 | The First Bankers of Volusia County, N.A. | First Union National Bank of Florida |
| Jun 9, 1986 | The Bank of Pasco County | First Union National Bank of Florida |
| Jun 7, 1986 | S & M Federal Credit Union | Select Federal Credit Union |
| Jun 7, 1986 | Dekalb Financial Corp. | Fort Wayne National Corporation |
| Jun 7, 1986 | Bumby & Stimpson Empl Fcu | McCoy Federal Credit Union |
| Jun 7, 1986 | First Federal Savings and Loan Association of Montgomery County | Carteret Federal Savings Bank |
| Jun 7, 1986 | Mary Kay Cosmetics Employees Federal Credit Union | Las Colinas Federal Credit Union |
| Jun 7, 1986 | The First National Bank and Trust Company of Kearny | Valley National Bank |
| Jun 7, 1986 | (unnamed) | Carteret Federal Savings Bank |
| Jun 7, 1986 | TMC Empl Fcu | Gte Federal Credit Union dba Gte Financial |
| Jun 7, 1986 | Mountain Security Savings Bank | Carteret Federal Savings Bank |
| Jun 6, 1986 | Exxon Eld Federal Credit Union | Longview Federal Credit Union |
| Jun 6, 1986 | Lemoyne Fcu | Iberville Federal Credit Union |
| Jun 5, 1986 | Outagamie Bank Shares, Inc. | Outagamie Bancorp, Inc. |
| Jun 4, 1986 | Citrus Banking Corporation | Florida National Banks of Florida, Inc. |
| Jun 4, 1986 | Citrus Park Bank | Florida National Bank |
| Jun 2, 1986 | Bank of Galesburg | First Midwest Bank/Knox County, National Association |
| Jun 2, 1986 | Pittsburgh Hyatt House Federal Credit Union | Little Giant Federal Credit Union |
| Jun 2, 1986 | Slovan Building and Trust Association | Western Permanent Federal Savings and Loan Association |
| Jun 2, 1986 | First Fidelity Bank | First Fidelity Bank |
| Jun 2, 1986 | General Bank | The Boatmen's National Bank of St. Louis |
| Jun 2, 1986 | First Fidelity Bank | First Fidelity Bank |
| Jun 2, 1986 | General Bank of St. Louis County | The Boatmen's National Bank of St. Louis |
| Jun 2, 1986 | Pioneer Savings | Southwest Federal Savings Association |
| Jun 2, 1986 | Surety Building & Loan Association | Fidelity Mutual Savings & Loan Association |
| Jun 2, 1986 | Greenwood Building & Loan Association | Second National Federal Savings Association |
| Jun 1, 1986 | Pauly Credit Union | Pioneer Credit Union |
| Jun 1, 1986 | Churubusco Bancorp | Fort Wayne National Corporation |
| Jun 1, 1986 | US Steel Products Cu | Golden Triangle Federal Credit Union |
| Jun 1, 1986 | Peoples State Bank of Roanoke | Commerce Bank of Woodford County, National Association |
| Jun 1, 1986 | Rhea CMNTY Cu | Tennessee Valley Federal Credit Union |
| Jun 1, 1986 | Gilbertville Savings Bank | Magna Bank, National Association |
| Jun 1, 1986 | Marine Bank Depere | Bank One, Green Bay |
| Jun 1, 1986 | T M C O Employees Federal Credit Union | Everwise Credit Union |
| Jun 1, 1986 | Merrill Bank, N.A. | Fleet Bank of Maine |
| Jun 1, 1986 | Professional & Industrial Employees | Resource Federal Credit Union |
| Jun 1, 1986 | Heritage Bank and Trust Company | Amerifed Bank, FSB |
| May 31, 1986 | Greenwood Industrial Bank | Arapahoe Industrial Bank |
| May 31, 1986 | Albion Bancorp, Inc. | Fulton Financial Corporation |
| May 31, 1986 | (unnamed) | Wells Fargo Bank, N.A. |
| May 31, 1986 | North Metro Catholic Credit Union | Credit Union One |
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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