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 |
|---|---|---|
| Jan 6, 1986 | Barbers Montgomery Federal Credit Union | Max Credit Union |
| Jan 2, 1986 | Teamsters Local 830 Reading Division Federal Cu | Bellco Federal Credit Union |
| Jan 2, 1986 | Kontes Employees Credit Union | Bay Atlantic Federal Credit Union |
| Jan 2, 1986 | National Bank of Monongah | Community Bank & Trust, National Association |
| Jan 2, 1986 | Local 835 Operating Engineers Federal Credit Union | Esb Employees Federal Credit Union |
| Jan 2, 1986 | Northwest Bank of Winnebago County | Northwest Bank of Rockford |
| Jan 2, 1986 | Arc Employees Federal Credit Union | Glatco Credit Union |
| Jan 2, 1986 | Circle F Employees Federal Credit Union | Edifi Federal Credit Union |
| Jan 2, 1986 | Community Bank of Morrison | First Bank of Gasconade County |
| Jan 2, 1986 | BFG Oaks Empl Fcu | Iga Federal Savings |
| Jan 2, 1986 | Lacrosse County Cu | Governmental Employees Credit Union |
| Jan 2, 1986 | Grays Ferry Community Councel Federal Credit Union | Iga Federal Savings |
| Jan 2, 1986 | Hurst Association Federal Credit Union | Esb Employees Federal Credit Union |
| Jan 2, 1986 | Saint Elizabeth Hospital Medical Federal Credit Union | Purdue Federal Credit Union |
| Jan 2, 1986 | La Crosse County Credit Union | Governmental Employees Credit Union |
| Jan 2, 1986 | Bank of Bismarck | First Bank of St. Francois County |
| Jan 2, 1986 | First Federal Savings & Loan Association of Minneapolis | Norwest National Bank |
| Jan 2, 1986 | Bishop Tube Federal Credit Union | Citadel Federal Credit Union |
| Jan 2, 1986 | Brinks Employees Philadelphia Federal Credit Union | Servco Federal Credit Union |
| Jan 2, 1986 | Usci Employees Federal Credit Union | Hudson River Community Credit Union |
| Jan 2, 1986 | Uehling State Bank | First Northeast Bank of Nebraska |
| Jan 2, 1986 | First of America Bank-Rudyard | First of America Bank - Sault Ste. Marie, National Association |
| Jan 2, 1986 | Blank Book Employees Federal Credit Union | American Pride Credit Union |
| Jan 2, 1986 | Usf & G Federal Credit Union | Tremont Credit Union |
| Jan 2, 1986 | Southfield Employees Credit Union | Vibe Credit Union |
| Jan 2, 1986 | Kalex-Yardville Employees Federal Credit Union | Edifi Federal Credit Union |
| Jan 2, 1986 | Genetti Employees Federal Credit Union | Valley Pride Federal Credit Union |
| Jan 2, 1986 | Panelyte Employee Federal Credit Union | Edifi Federal Credit Union |
| Jan 1, 1986 | V. A. Credit Union | Federal Employees Credit Union |
| Jan 1, 1986 | H & R Bankshares, Inc. | First Center Bankshares, Inc. |
| Jan 1, 1986 | Bandera Bancshares, Inc. | Schreiner Bancshares, Inc. |
| Jan 1, 1986 | Anchor Savings Bank Federal Savings Bank New Jersey | Anchor Savings Bank, FSB |
| Jan 1, 1986 | C B H Federal Credit Union | The Health & Education Federal Credit Union |
| Jan 1, 1986 | Lamvin Credit Union, Inc. | Bay Area Credit Union, Inc. |
| Jan 1, 1986 | Spoh Cu | Metro Medical Credit Union |
| Jan 1, 1986 | Freeport Journal Standard Credit Union | Blackhawk Area Credit Union |
| Jan 1, 1986 | Lincoln First Trust Company of Florida, N.A. | The Chase Manhattan Trust Company of Florida, National Association |
| Jan 1, 1986 | Omark-Cci Federal Credit Union | Cutting Edge Federal Credit Union |
| Jan 1, 1986 | New Jersey Dental Federal Credit Union | The Atlantic Federal Credit Union |
| Jan 1, 1986 | Northeastern Postal Employees Federal Credit Union | Aspire Federal Credit Union |
| Jan 1, 1986 | Farmers & Merchants Bancshares, Inc. | Pab Bankshares, Inc. |
| Jan 1, 1986 | Pacific National Bancshares Leasing | Pacific National Bancshares |
| Jan 1, 1986 | Moore Financial of Utah | U.S. Bank of Utah |
| Jan 1, 1986 | Xenia Schools Federal Credit Union | Countywide Federal Credit Union |
| Jan 1, 1986 | Asu Fcu | Tri-Rivers Federal Credit Union |
| Jan 1, 1986 | Acu Community Credit Union | Best Reward Federal Credit Union |
| Jan 1, 1986 | Southeast Bank of St. Johns County | Southeast Bank, N.A. |
| Jan 1, 1986 | Union Switch & Signal Employees' Federal Credit Union | Pathfinder Federal Credit Union |
| Jan 1, 1986 | Presbyterian Credit Union | Heartland Community Credit Union |
| Jan 1, 1986 | Dio-C Federal Credit Union | Erie Federal 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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