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 1, 1986 | Gardner Denver Employees Credit Union | White Crown Federal Credit Union |
| Jan 1, 1986 | Pennbank | Integra Bank/North |
| Jan 1, 1986 | Local 624 Cu | Powernet Credit Union |
| Jan 1, 1986 | Morsco Cu | Texas People Federal Credit Union |
| Jan 1, 1986 | Ehrc Credit Union | Tri County Area Federal Credit Union |
| Jan 1, 1986 | Roanoke Gas Employees Federal Credit Union | Member One Federal Credit Union |
| Jan 1, 1986 | Allegan County School Employees Credit Union | Arbor Financial Credit Union |
| Jan 1, 1986 | Oakes Credit Union | First Community Credit Union |
| Jan 1, 1986 | Heritage Bank for Savings | Heritage Bank for Savings |
| Jan 1, 1986 | Associated Trades Credit Union | Members Preferred Credit Union |
| Jan 1, 1986 | Germania Federal Savings and Loan Association | Irvington Federal Savings Bank |
| Jan 1, 1986 | U W M Credit Union | University of Wisconsin Credit Union |
| Jan 1, 1986 | A C E Federal Employees Credit Union | Diversified General Federal Credit Union |
| Jan 1, 1986 | D-J Empl Sa Fcu | Consumer Credit Union |
| Jan 1, 1986 | Commerce Bank of Tipton, National Association | Commerce Bank, National Association |
| Jan 1, 1986 | Sylvania Bank | Trustcorp Company, National Association |
| Jan 1, 1986 | L.A. Cutters Federal Credit Union | Western States Regional Federal Credit Union |
| Jan 1, 1986 | GGT SCH Empl Cu | Consumer Credit Union |
| Jan 1, 1986 | Tift County SCH Empl Fcu | Doco Credit Union |
| Jan 1, 1986 | Lewis-Gale Employees Federal Credit Union | Freedom First Federal Credit Union |
| Jan 1, 1986 | Food Industry Fcu | Primeway Federal Credit Union |
| Jan 1, 1986 | Local 642 Cu | Powernet Credit Union |
| Jan 1, 1986 | West Liberty State College Federal Credit Union | Tin Mill Employees Federal Credit Union |
| Jan 1, 1986 | Financial NO. 1 D.P.A. Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Jan 1, 1986 | Leslie State Bank | Searcy County Bank |
| Jan 1, 1986 | Sun Federal Savings and Loan Association | Anchor Savings Bank, FSB |
| Jan 1, 1986 | Mitsubishi Empl Fcu | 1st Community Federal Credit Union |
| Jan 1, 1986 | First Pilot Savings and Loan Association | Southeastern Federal Savings Bank |
| Jan 1, 1986 | Citizens Bank and Trust Company | Mid State Bank |
| Jan 1, 1986 | New Bedford Acushnet Co-Op | Citizens Bank of Massachusetts |
| Jan 1, 1986 | Bank of Greene | Jefferson National Bank |
| Jan 1, 1986 | De-Mem Federal Credit Union | Western Vista Federal Credit Union |
| Jan 1, 1986 | Western Union Employees Credit Union | Patelco 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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