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 1, 1986 | Oxford Miami Employees Federal Credit Union | Countywide Federal Credit Union |
| Oct 1, 1986 | Outboard Marine Corporation Employees Credit Union | Heritage Credit Union |
| Oct 1, 1986 | Continental Northwest Credit Union | Gateway Credit Union |
| Oct 1, 1986 | Leader Federal Savings & Loan Association | Boston Federal Savings Bank |
| Oct 1, 1986 | The United Bank | Bank One, Dover, National Association |
| Oct 1, 1986 | American Bank of Princeton | American Bank of North Central Missouri |
| Oct 1, 1986 | The Allentown S & La of Allentown | United Savings & Loan Association of Trenton, F.A. |
| Oct 1, 1986 | Statewide Credit Union | I B E W Plus Credit Union |
| Oct 1, 1986 | Citizens Bank of Michigan City, Indiana | Horizon Bank |
| Oct 1, 1986 | Bread & Butter Reserve Cooperative Credit Union | Oneaz Credit Union |
| Oct 1, 1986 | Gilsonite Federal Credit Union | Rio Grande Federal Credit Union |
| Oct 1, 1986 | Friendly Service Credit Union | Otis Federal Credit Union |
| Oct 1, 1986 | The Bessemer National Bank | First of America Bank - Gogebic, National Association |
| Oct 1, 1986 | Tripifoods Federal Credit Union | Empire One Federal Credit Union |
| Oct 1, 1986 | Packard Federal Credit Union | Dupage Credit Union |
| Oct 1, 1986 | Home Bank, Federal Savings Bank | Home Bank Federal Savings Association |
| Oct 1, 1986 | Fermangh Building & Loan Association | Hill Financial Savings Association |
| Oct 1, 1986 | Leedex Federal Credit Union | Alero Financial Credit Union |
| Oct 1, 1986 | Sun Bank/Martin County, National Association | Suntrust Bank, Treasure Coast, National Association |
| Oct 1, 1986 | Lincoln Bank East | Vistar Bank |
| Oct 1, 1986 | Citizens State Bank | Vistar Bank |
| Sep 30, 1986 | San Bruno City Employees Credit Union | Monterra Credit Union |
| Sep 30, 1986 | West Georgia Bank of Tallapoosa, Georgia | Citizens Bank and Trust of West Georgia |
| Sep 30, 1986 | Sunbank Mortgage Company | Suntrust Banks, Inc. |
| Sep 30, 1986 | Security National Corporation | Signet Banking Corporation |
| Sep 30, 1986 | M-F-W Credit Union | Pennsylvania Central Federal Credit Union |
| Sep 30, 1986 | Mental Health Employees Federal Credit Union | Louisville Medical Center Federal Credit Union |
| Sep 30, 1986 | Insurance West AGENCY,INC. | Citizens Bank and Trust of West Georgia |
| Sep 30, 1986 | Dakota Bank of Wahpeton | Dakota Bank and Trust Company of Fargo |
| Sep 30, 1986 | North Coast Savings and Loan Association | Atlantic Financial Federal Savings Bank |
| Sep 30, 1986 | Ozark Health Employees Federal Credit Union | Uark Federal Credit Union |
| Sep 30, 1986 | Georgia-Pacific Resins Federal Credit Union | Sound Credit Union |
| Sep 29, 1986 | Foremost Thrift Federal Credit Union | Select Federal Credit Union |
| Sep 29, 1986 | News Page Federal Credit Union | Central Credit Union of Maryland |
| Sep 29, 1986 | Westchester Savings and Loan Association | HSBC Bank USA, N.A. |
| Sep 27, 1986 | (unnamed) | First Mutual Bank for Savings |
| Sep 25, 1986 | Lake Hiawatha Federal Credit Union | Garden Savings Federal Credit Union |
| Sep 25, 1986 | Security National Bank | Bank of New England, N.A. |
| Sep 23, 1986 | Srce Federal Credit Union | Allsouth Federal Credit Union |
| Sep 23, 1986 | Greece Central School District Credit Union | Greece Community Federal Credit Union |
| Sep 23, 1986 | N. D. S. Federal Credit Union | Colonial N.J. Federal Credit Union |
| Sep 22, 1986 | St. Marks (Montclair) Federal Credit Union | L'Oreal USA Federal Credit Union |
| Sep 20, 1986 | Shelby State Bank | Regions Bank |
| Sep 18, 1986 | First State Bank of Albertville | The Colonial Bank of North Alabama |
| Sep 17, 1986 | Passaic County Employees Credit Union | North Jersey Federal Credit Union |
| Sep 16, 1986 | Jersey City Post Office Cu | Liberty Savings Federal Credit Union |
| Sep 15, 1986 | The Oak Mound Bank | Community Bank & Trust |
| Sep 15, 1986 | Industrial Valley Bank and Trust Company | First Fidelity Bank, National Association, Pennsylvania |
| Sep 15, 1986 | Citicorp Person-To-Person Financial Center of Utah | Citibank (Utah) |
| Sep 15, 1986 | Western Savings Association | Western Federal Savings & Loan Association |
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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