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

Credit unions merged

NIC, credit unions as the acquired side

102

Holding companies

Bank holding companies merged

983

All merger records

1986 in US banking ›

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	State	Assets	Acquirer
Dec 31, 1986	Farmers Bank & Trust Company	TN	—	Security Bank and Trust Company
Dec 31, 1986	Citizens B&TC	LA	—	Louisiana National Bank
Dec 31, 1986	Capital Bank and Trust	SC	—	Southern National Bank of South Carolina
Dec 31, 1986	The Colonial Bank of Alabama	AL	—	Colonial Bank
Dec 31, 1986	First Palmetto State Bank and Trust Company	SC	—	Southern National Bank of South Carolina
Dec 31, 1986	The Northern Trust Company of Arizona	AZ	—	Northern Trust Bank, National Association
Dec 31, 1986	First National Bank in Palm Beach	FL	—	Southeast Bank, N.A.
Dec 31, 1986	The Nashville State Bank	IN	—	Trustcorp Bank Columbus, National Association
Dec 31, 1986	The Colonial Bank of North Alabama	AL	—	Colonial Bank
Dec 31, 1986	The Bridgeville Trust Company	PA	—	PNC Bank, N.A.
Dec 31, 1986	Gresham State Bank	NE	—	York State Bank
Dec 31, 1986	Valley Bank of Coal Valley	IL	—	Blackhawk Bank & Trust
Dec 31, 1986	Atlantic National Bank of Miami	FL	—	First Union National Bank of Florida
Dec 31, 1986	First Midwest Bank/Braidwood	IL	—	First Midwest Bank/Joliet, National Association
Dec 31, 1986	Centerre Bank of St. Peters National Association	MO	—	Centerre Bank N.A.

Biggest bank failures by assets ›

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	State	Acquirer
Dec 6, 1986	The Dirigo Bank and Trust Company	ME	Maine National Bank
Dec 6, 1986	Aroostook Trust Company	ME	Maine National Bank
Dec 5, 1986	Cardinal Mercier Credit Union	MI	Motor City Co-Op Credit Union
Dec 4, 1986	Mid South Bancshares N C Inc	NC	Peoples Bancorporation
Dec 4, 1986	The Ludlow National Bank	MO	Citizens Bank and Trust Company
Dec 4, 1986	Union Hospital Federal Credit Union	MD	Cecil County School Employees Federal Credit Union
Dec 4, 1986	Gunter Park Fcu	AL	Max Credit Union
Dec 4, 1986	Miners Savings Bank of Pittston	PA	First Eastern Bank, National Association
Dec 4, 1986	Cedars Employees Credit Union	FL	South Florida Federal Credit Union
Dec 3, 1986	M U J Credit Union	IL	Rock Valley Credit Union
Dec 2, 1986	National InterCity Bank	CA	Silicon Valley Bank
Dec 2, 1986	NCH Credit Union	VA	Prime Care Credit Union, Incorporated
Dec 2, 1986	CNB Financial Corp.	IN	Norwest Indiana, Inc.
Dec 2, 1986	S.G.H. Federal Credit Union	PA	Pittsburgh Central Federal Credit Union
Dec 2, 1986	The American Bank of Jackson County	MS	Union Planters Bank of Mississippi
Dec 2, 1986	Kennedys Piggly Wiggly Credit Union	VA	Beacon Credit Union Incorporated
Dec 1, 1986	American Bank of Raytown	MO	American Bank
Dec 1, 1986	Allis Chalmers Credit Union	WI	Community First Credit Union
Dec 1, 1986	Citibanc Holding Company, Inc.	OK	BancFirst Corporation
Dec 1, 1986	Commercial Bancshares, Inc.	NJ	Summit Bancorp.
Dec 1, 1986	Bay CMNTY Cu	FL	Floridacentral Credit Union
Dec 1, 1986	Budd Employees Federal Credit Union	MI	Credit Union One
Dec 1, 1986	Chilrossco Credit Union, Inc.	OH	Universal 1 Credit Union, Inc.
Dec 1, 1986	American Bank of Higginsville	MO	American Bank
Dec 1, 1986	Laurel American Bank	MO	American Bank
Dec 1, 1986	The Brentwood Bank, Brentwood, Missouri	MO	(unnamed)
Dec 1, 1986	Andrews Bank & Trust Company	SC	NationsBank of South Carolina, National Association
Dec 1, 1986	Bank of Pilot Mountain	NC	The Planters National Bank and Trust Company
Dec 1, 1986	First National Bank of DeSoto County	MS	Deposit Guaranty National Bank
Dec 1, 1986	R B C Federal Credit Union	IL	Alero Financial Credit Union
Dec 1, 1986	Missouri Rolling Mills Employees Credit Union	MO	West Community Credit Union
Dec 1, 1986	American Bank of Richmond	MO	American Bank
Dec 1, 1986	Allis Chalmers Employees Credit Union	IL	Sherwin Williams Employees Credit Union
Dec 1, 1986	Bohemian Savings Bank	IA	Community First National Bank
Dec 1, 1986	Valley Wholesalers Credit Union	ID	Clearwater Credit Union
Dec 1, 1986	Global Union Bank	NY	The Hongkong and Shanghai Banking Corporation Limited
Dec 1, 1986	Bank of Glenpool	OK	First Bank and Trust Company
Dec 1, 1986	The Commercial Bank	IN	NBD Bank, National Association
Dec 1, 1986	Upland Savings and Loan Association	CA	Homefed Bank, Federal Association
Dec 1, 1986	Bank of Boulder Hill	IL	The Merchants National Bank of Aurora
Nov 30, 1986	Saint John's Baptist Bakersfield Federal Credit Union	CA	Espeeco Federal Credit Union
Nov 30, 1986	Peco Empl Fcu	AL	Alabama Central Credit Union
Nov 30, 1986	The Oberlin Bank Company	OH	The Central Trust Company of Northern Ohio, National Association
Nov 30, 1986	Walker Scott Employees Federal Credit Union	CA	North Island Financial Credit Union
Nov 30, 1986	Continental Bancshares, Inc.	MN	F.W.M.G.
Nov 30, 1986	Oberlin Bancshares, Inc.	OH	PNC Banc Corporation, Ohio
Nov 30, 1986	Golden State Federal Credit Union	CA	Oceanair Federal Credit Union
Nov 29, 1986	Alliance Bancorp	IN	Merchants National Corporation
Nov 29, 1986	Indiana First National Bank	IN	Bank One, Southern Indiana, National Association
Nov 28, 1986	US Bancorp	IN	Merchants National Corporation

Bank mergers by year

← 1985 · 1987 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

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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