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 |
|---|---|---|
| Nov 3, 1986 | The American Bank of Niles, National Association | Old Kent Bank-Southwest |
| Nov 3, 1986 | Salem Texaco Federal Credit Union | Ambraw Federal Credit Union |
| Nov 3, 1986 | The American National Bank and Trust Company of Michigan | Old Kent Bank-Southwest |
| Nov 1, 1986 | Scott County-Canco Federal Credit Union | Centra Credit Union |
| Nov 1, 1986 | Valley Acquisitions, Inc. | Chase Manhattan National Holding Corporation |
| Nov 1, 1986 | Continental Bank of Canada | Lloyds Bank Canada |
| Nov 1, 1986 | Sherman Banc Shares, Inc. | Illini Corporation |
| Nov 1, 1986 | First Union Corporation of Georgia | First Union Corporation of Georgia |
| Nov 1, 1986 | Motion Picture Editors Federal Credit Union | Actors Federal Credit Union |
| Nov 1, 1986 | First Blair County National Bank of Tyrone | Mid-State Bank and Trust Company |
| Nov 1, 1986 | The West Northside Loan and Savings Company | The Winton Savings and Loan Company |
| Nov 1, 1986 | Family Federal Savings and Loan Association | Heritage Federal Savings Bank |
| Nov 1, 1986 | World Insurance Employees Credit Union | First Nebraska Credit Union |
| Nov 1, 1986 | Commercial Bank of Hollywood | Commercial Bank & Trust Company |
| Nov 1, 1986 | O.P.E.I.U. Local #11 Federal Credit Union | Ibew & United Workers Federal Credit Union |
| Nov 1, 1986 | Forest Products Credit Union | Members Cooperative Credit Union |
| Nov 1, 1986 | Union National Bank of Kansas City | Union Bank |
| Nov 1, 1986 | The Bank of Seattle | Puget Sound Bank |
| Nov 1, 1986 | First Wyoming Bank, N.A.-SHERIDAN | Key Bank of Wyoming - 2 North Main, Sheridan, Wyoming 82801 |
| Nov 1, 1986 | Lackawanna Linen Supply Emp Federal Credit Union | First Financial Federal Credit Union |
| Nov 1, 1986 | Bank of Redmond | Puget Sound Bank |
| Nov 1, 1986 | Plow & Planter Employees Credit Union | Vibrant Credit Union |
| Nov 1, 1986 | Downey State Bank | Ireland Bank |
| Nov 1, 1986 | Wickes Federal Credit Union | Alero Financial Credit Union |
| Nov 1, 1986 | C E Employees Credit Union | Regional Federal Credit Union |
| Nov 1, 1986 | The Peoples Bank of Stafford | Jefferson National Bank |
| Nov 1, 1986 | Northeast National Bank | Bank of New England, N.A. |
| Nov 1, 1986 | The Gwinn State Savings Bank | Wells Fargo Bank Michigan, National Association |
| Nov 1, 1986 | Blanco Community Federal Credit Union | Animas Credit Union |
| Nov 1, 1986 | Farmers & Merchants Bank | NationsBank of South Carolina, National Association |
| Nov 1, 1986 | Sun Bank/Citrus County, National Association | Suntrust Bank, Nature Coast |
| Nov 1, 1986 | First American National Bank | First American National Bank |
| Nov 1, 1986 | Dollar Savings and Loan Association | First Federal Savings and Loan Association of Pittsburgh |
| Oct 31, 1986 | Grand Junction U.S. Industrial Bank | 5Star Bank |
| Oct 31, 1986 | Cabell County Employees Credit Union | Huntington C & O Railway Employees Federal Credit Union |
| Oct 31, 1986 | Corydon State Bancorp | CSB Bancshares, Inc. |
| Oct 31, 1986 | Lincoln Area Electric Employees Credit Union | Cooperative Choice Network Credit Union |
| Oct 31, 1986 | Influential Savings & Loan Association | Bell Federal Savings Bank |
| Oct 31, 1986 | Tri County Automotive Credit Union | Lake Huron Credit Union |
| Oct 30, 1986 | Central FL BLDRS Exchange Cu | Addition Financial Credit Union |
| Oct 30, 1986 | Stevensville Bancshares, Inc. | Harlem Corporation |
| Oct 29, 1986 | First Savings Company of Norfolk | BankFirst |
| Oct 28, 1986 | Marison Employees Credit Union | Kane County Teachers Credit Union |
| Oct 25, 1986 | Southwest Methodist Federal Credit Union | Security Service Federal Credit Union |
| Oct 24, 1986 | (unnamed) | Bank of the Hudson |
| Oct 24, 1986 | Meps-Nacogdoches Employees Federal Credit Union | East Texas Professional Credit Union |
| Oct 24, 1986 | First State Savings and Loan Association, F.A. | Bank of the Hudson |
| Oct 24, 1986 | Farmers Federal Savings and Loan Association | Bank of the Hudson |
| Oct 24, 1986 | Namsco Credit Union, Inc. | Huntington C & O Railway Employees Federal Credit Union |
| Oct 24, 1986 | Falstaff Brewing Corporation Credit Union | Greater Omaha 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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