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 |
|---|---|---|
| Sep 9, 1986 | Mount Blue Federal Credit Union | Franklin -Somerset Federal Credit Union |
| Sep 9, 1986 | J & L Polishing Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Sep 8, 1986 | Dakota State Bank, of Tripp, South Dakota | First State Bank |
| Sep 5, 1986 | Cannon Mills Company Employees Federal Credit Union | Southern Select Community Cu |
| Sep 4, 1986 | Concor Federal Credit Union | Best Reward Federal Credit Union |
| Sep 4, 1986 | The First National Bank of Howard | Commonwealth Bank |
| Sep 2, 1986 | Sedalia Mo Pac Employees Credit Union | Central Missouri Community Credit Union |
| Sep 2, 1986 | Lloyds Bank California | United California Bank |
| Sep 2, 1986 | Citizens Savings and Loan Association | Investors Federal Savings Bank |
| Sep 1, 1986 | Montclair Public Employees Federal Credit Union | Arrowhead Federal Credit Union |
| Sep 1, 1986 | Rock Island Area School Credit Union | I. H. Mississippi Valley Credit Union |
| Sep 1, 1986 | Gentel Credit Union, Inc. | Alero Financial Credit Union |
| Sep 1, 1986 | Abex Employees Credit Union | Winchester Community Federal Credit Union |
| Sep 1, 1986 | North Idaho Electronics Credit Union | Public Employees Credit Union |
| Sep 1, 1986 | Saint Anthony Depadua Federal Credit Union | Healthcare Associates Credit Union |
| Sep 1, 1986 | Danville Telco Federal Credit Union | Urw Community Federal Credit Union |
| Sep 1, 1986 | Capital City Products Employees Credit Union, Inc. | Bmi Federal Credit Union |
| Sep 1, 1986 | Fannin County Bank | NationsBank, National Association (South) |
| Aug 31, 1986 | Technicare Federal Credit Union | B F G Federal Credit Union |
| Aug 31, 1986 | Smith Valve Employees Federal Credit Union | Tremont Credit Union |
| Aug 30, 1986 | Bank of West Virginia | One Valley Bank, National Association |
| Aug 30, 1986 | The Washington National Bank | United Southwest Bank |
| Aug 30, 1986 | Virginia Mutual Employees Federal Credit Union | Richmond Heritage Federal Credit Union |
| Aug 30, 1986 | United Bank of Southpark, N.A. | Norwest Bank Littleton, National Association |
| Aug 30, 1986 | The Fidelity Bank of Indiana | NBD Bank, National Association |
| Aug 29, 1986 | State Bank of Greentown | Ameritrust Bank, Howard County |
| Aug 29, 1986 | Citizens Federal Savings and Loan Association of Cleveland | Transohio Federal Savings Bank |
| Aug 29, 1986 | Dollar Savings Association | Transohio Federal Savings Bank |
| Aug 29, 1986 | Peninsula Newspaper Credit Union | Langley Federal Credit Union |
| Aug 28, 1986 | Reserve Savings and Loan Association | Mid-Continent Federal Savings Bank |
| Aug 27, 1986 | Asarco Employees Federal Credit Union | Pinnacle Federal Credit Union |
| Aug 27, 1986 | CCB Bancorp, Inc. | CCB Bancorp, Inc. |
| Aug 26, 1986 | Demuth Employees Credit Union | West Virginia Central Federal Credit Union |
| Aug 25, 1986 | FSB Bancorporation | Regions Financial Corporation |
| Aug 25, 1986 | First State Bank of Alabama | Regions Bank |
| Aug 18, 1986 | First American Bank of Brandon | Bremer Bank, N.A. |
| Aug 18, 1986 | The Savings, Building and Loan Company | First Federal Savings Association of Toledo |
| Aug 16, 1986 | Rural Financial Services, Inc. | F & M Financial Services Corporation |
| Aug 15, 1986 | Coronado Federal Savings and Loan Association | Commercial Federal Bank, a Federal Savings Bank |
| Aug 15, 1986 | The Dime Bank of Northwest Ohio | Sky Bank-Mid AM Region |
| Aug 12, 1986 | Heritage FS&LA | American Pioneer Federal Savings Bank |
| Aug 11, 1986 | Farmers and Merchants Bank of Memphis, Missouri | 1st Cameron State Bank |
| Aug 11, 1986 | Chicago Nickel Plate Federal Credit Union | Finans Federal Credit Union |
| Aug 8, 1986 | BankCenter One/St. Charles | Bankcenter One |
| Aug 8, 1986 | East Prowers Federal Credit Union | Fellowship Credit Union |
| Aug 5, 1986 | Midcoast Federal Credit Union | Midcoast Federal Credit Union |
| Aug 4, 1986 | Jefferson Federal Savings and Loan Association | Fleet National Bank |
| Aug 4, 1986 | YBM Employees Credit Union, Inc. | Seven Seventeen Credit Union Inc |
| Aug 4, 1986 | Community National Mercantile Bank | Mercantile Bank of Western Missouri |
| Aug 4, 1986 | Merchants and Miners Bank of Webb City | Mercantile Bank of Western Missouri |
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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