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 |
|---|---|---|
| Mar 31, 1986 | Idaho Saints Credit Union | Clarity Credit Union |
| Mar 31, 1986 | First Jackson Bancorp. | First National Bancorp |
| Mar 31, 1986 | Suburban Bancorp | Sovran Financial Corporation |
| Mar 31, 1986 | First Kentucky Bancshares Inc. | Fifth Third Kentucky Bancorp, Inc. |
| Mar 31, 1986 | Security Bancshares, Inc. | One Security, Inc. |
| Mar 31, 1986 | WKSH Federal Credit Union | Commonwealth Federal Credit Union |
| Mar 31, 1986 | Washoe State Employees Federal Credit Union | One Nevada Credit Union |
| Mar 31, 1986 | Northwest Unions Federal Credit Union | Sound Credit Union |
| Mar 31, 1986 | Belleville Community Credit Union | Catholic and Community Credit Union |
| Mar 31, 1986 | Voi-Shan Employees Federal Credit Union | La Financial Federal Credit Union |
| Mar 31, 1986 | P.F. Employees Federal Credit Union | Downey Federal Credit Union |
| Mar 29, 1986 | Plaza National Bancshares, Inc. | Boatmen's Bancshares, Inc. |
| Mar 29, 1986 | Boatmen's Bancshares, Inc. | Boatmen's Bancshares, Inc. |
| Mar 28, 1986 | Amarillo Graphics Empl Cu | The People's Federal Credit Union |
| Mar 26, 1986 | Hill Samuel International Banking Corporation | Hill Samuel International Banking Corporation |
| Mar 25, 1986 | International Harvester S & D Federal Credit Union | Memphis Municipal Employees Federal Credit Union |
| Mar 25, 1986 | The Newport National Bank | Bank of New England - Old Colony, National Association |
| Mar 24, 1986 | Boatmen's Bank of Aurora | Boatmen's Bank of Southern Missouri |
| Mar 24, 1986 | Triple S Credit Union, Inc. | A P Federal Credit Union |
| Mar 24, 1986 | Boatmen's Bank of Lockwood | Boatmen's Bank of Southern Missouri |
| Mar 22, 1986 | West Huron Community Credit Union | Team One Credit Union |
| Mar 22, 1986 | The Central National Bank of Maryland | Citizens Bank of Maryland |
| Mar 21, 1986 | National Bank of Sarasota | Citizens and Southern National Bank of Sarasota |
| Mar 21, 1986 | Bank of Boston Trust Company of Southwest Florida, National Association | Bank of Boston-Florida N.A. |
| Mar 21, 1986 | MT. Pisgah A.M.E. (J.C.) Federal Credit Union | Garden Savings Federal Credit Union |
| Mar 20, 1986 | Hacienda Federal Savings and Loan Association | Great American Federal Savings Association |
| Mar 20, 1986 | First Federal Savings and Loan Association of Redding | Great American Federal Savings Association |
| Mar 19, 1986 | Plymouth Rubber Credit Union | HarborOne Bank |
| Mar 18, 1986 | MBC Corporation | Merrill Bankshares Company |
| Mar 18, 1986 | Roegelein Cu | Select Federal Credit Union |
| Mar 17, 1986 | Medina Central Schools Federal Credit Union | Ontario Shores Federal Credit Union |
| Mar 14, 1986 | S B L H System Employees Federal Credit Union | Healthcare Associates Credit Union |
| Mar 13, 1986 | Clayton Mercantile National Bank | Firstar Bank Missouri, National Association |
| Mar 13, 1986 | Mercantile Bank of South County, National Association | Firstar Bank Missouri, National Association |
| Mar 13, 1986 | Lewis and Clark Mercantile Bank | Firstar Bank Missouri, National Association |
| Mar 13, 1986 | Mercantile-Commerce Trust Company | Firstar Bank Missouri, National Association |
| Mar 13, 1986 | Mercantile Trust Company National Association | Firstar Bank Missouri, National Association |
| Mar 13, 1986 | Mercantile National Bank of St. Louis County | Firstar Bank Missouri, National Association |
| Mar 12, 1986 | Homestead Industries Employees Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Mar 11, 1986 | Times Publishing Company Employee Credit Union | Texoma Community Credit Union |
| Mar 10, 1986 | Peoples Federal Credit Union | Kitsap Credit Union |
| Mar 10, 1986 | D C National Bancorp Inc | Sovran Financial Corporation |
| Mar 10, 1986 | Harlingen National Bank South | The Harlingen National Bank |
| Mar 10, 1986 | Western Electric Credit Union, Inc. | Taleris Credit Union, Inc. |
| Mar 8, 1986 | Carlton National Bank | Norwest Bank Cloquet, National Association |
| Mar 8, 1986 | Inland Beloit Corporation | M&I LLC |
| Mar 7, 1986 | Pan American Bank of Jacksonville, National Association | NationsBank of Florida, National Association |
| Mar 5, 1986 | Warren General Hospital Federal Credit Union | N F G #2 Federal Credit Union |
| Mar 5, 1986 | Local 282 U F W a Federal Credit Union | Memphis Municipal Employees Federal Credit Union |
| Mar 3, 1986 | RepublicBank Midland, National Association | Republicbank First National Midland |
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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