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 |
|---|---|---|
| Oct 24, 1986 | Red Lion School Employees Credit Union | York Educational Federal Credit Union |
| Oct 23, 1986 | Unb Bancshares Inc | James Madison Limited |
| Oct 23, 1986 | Bremen Bancorp, Inc. | Heritage Financial Services, Inc. |
| Oct 23, 1986 | O.S.P. Employees Credit Union, Inc. | Community Star Credit Union, Inc. |
| Oct 21, 1986 | Supreme Sugar Fcu | Iberville Federal Credit Union |
| Oct 19, 1986 | Atlantic Savings and Loan Association | Peoples Bank & Trust Company |
| Oct 18, 1986 | Jeff Davis Bancshares, Inc. | Southeastern Banking Corporation |
| Oct 18, 1986 | Jeff Davis Bank | Southeastern Bank |
| Oct 15, 1986 | Wilshire Financing Services, Inc. | The Wilshire Bank, N.A. |
| Oct 15, 1986 | (unnamed) | Clinton Savings Bank |
| Oct 11, 1986 | National City Bank, Marion | National City Bank of Columbus |
| Oct 11, 1986 | Fidelity Bank | Fidelity Bank |
| Oct 11, 1986 | Fidelity Bank of Bingham Farms | Fidelity Bank |
| Oct 11, 1986 | Fidelity Bank of Southfield | Fidelity Bank |
| Oct 8, 1986 | Milwaukee Sanitarium Foundation Employees Credit Union | Appletree Credit Union |
| Oct 6, 1986 | Burt Employees Federal Credit Union | B F G Federal Credit Union |
| Oct 6, 1986 | First Midwest Bank/Lakehurst | First Midwest Bank/Zion |
| Oct 4, 1986 | United Coin Services Federal Credit Union | Resource One Credit Union |
| Oct 2, 1986 | Extension Credit Union | Wvu Employees Federal Credit Union |
| Oct 2, 1986 | M&I Thunderbird Acquisition Corp. | M&I LLC |
| Oct 2, 1986 | Thunderbird Capital Corporation | M&I LLC |
| Oct 2, 1986 | Consolidated Public Employees Federal Credit Union | Campco Federal Credit Union |
| Oct 1, 1986 | Maribel-Whitelaw Bank | Denmark State Bank |
| Oct 1, 1986 | Camden Financial Corporation | Salin Bancshares, Inc. |
| Oct 1, 1986 | GNB Bankshares, Inc. | WM Bancorp |
| Oct 1, 1986 | Georgia State Bankshares, Inc. | First Union Corporation of Georgia |
| Oct 1, 1986 | LTC Bancorp | WM Bancorp |
| Oct 1, 1986 | Finance Ohio Company | Ohio Bancorp |
| Oct 1, 1986 | Bancorp of Pennsylvania | Dauphin Deposit Corporation |
| Oct 1, 1986 | Construction Crafts Federal Credit Union | Nusenda Federal Credit Union |
| Oct 1, 1986 | Community Cooperative Credit Union | Valley Credit Union |
| Oct 1, 1986 | Kewaunee County Community Cu | Harbor Credit Union |
| Oct 1, 1986 | Saranac Employees Federal Credit Union | Ufirst Federal Credit Union |
| Oct 1, 1986 | First American Bank of Hampshire | First American Bank |
| Oct 1, 1986 | Florida Public Utilities Employees Credit Union | Guardians Credit Union |
| Oct 1, 1986 | Royal Spring Federal Credit Union | The Health & Education Federal Credit Union |
| Oct 1, 1986 | Riceville Bank | The First National Bank and Trust Company Athens, Tennessee |
| Oct 1, 1986 | American Bank of Marceline | American Bank of North Central Missouri |
| Oct 1, 1986 | Rocky Mountain State Bank of Bountiful | Rocky Mountain State Bank |
| Oct 1, 1986 | Asarco Omaha Federal Credit Union | Centris Federal Credit Union |
| Oct 1, 1986 | General Isco Credit Union | Arsenal Credit Union |
| Oct 1, 1986 | Gulfside National Bank | The Citizens and Peoples National Bank of Pensacola |
| Oct 1, 1986 | Taylors Employees Credit Union | L&N Federal Credit Union |
| Oct 1, 1986 | Boatmen's Bank of South Raytown | Boatmen's Raytown Bank |
| Oct 1, 1986 | The Bank of the Delta | Community Bank, Indianola, National Association |
| Oct 1, 1986 | Illini Community Hospital Employees Credit Union | Healthcare Associates Credit Union |
| Oct 1, 1986 | Central Federal Savings Bank of PR | Caguas-Central Federal Savings Bank of Puerto Rico |
| Oct 1, 1986 | Sun Bank of St. Lucie County | Suntrust Bank, Treasure Coast, National Association |
| Oct 1, 1986 | Perry Hilltop Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Oct 1, 1986 | L Fish Employees Credit Union | Archer Heights 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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