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 |
|---|---|---|
| Aug 4, 1986 | Toledo Office B U C Federal Credit Union | A P Federal Credit Union |
| Aug 1, 1986 | Regional Transit Employees Credit Union | The Golden 1 Credit Union |
| Aug 1, 1986 | Northtown Bancshares Corporation | Millikin Bancshares, Inc. |
| Aug 1, 1986 | American National Holding Company | Old Kent Financial Corporation |
| Aug 1, 1986 | Inryco Employees Credit Union | Appletree Credit Union |
| Aug 1, 1986 | Clairton City Federal Credit Union | Clairton Works Federal Credit Union |
| Aug 1, 1986 | Tomah Veterans Administration Community Credit Union | R I a Federal Credit Union |
| Aug 1, 1986 | Rochester Federal Savings and Loan Association | Peoples Home Savings Bank |
| Aug 1, 1986 | Security Bank Oakland County | First of America Bank-Security |
| Aug 1, 1986 | Peoples Bank of Mississippi, N.A. | Eastover BK SVG |
| Aug 1, 1986 | Cambion Credit Union | Metro Credit Union |
| Aug 1, 1986 | Three Ten Credit Union | Alltru Federal Credit Union |
| Aug 1, 1986 | Lucerne Federal Credit Union | Brewer Federal Credit Union |
| Aug 1, 1986 | Kelly-Fay Federal Credit Union | Bragg Mutual Federal Credit Union |
| Aug 1, 1986 | First National Bank of Smithfield | The Planters National Bank and Trust Company |
| Aug 1, 1986 | Ekco-Wheeling Employees Federal Credit Union | Greater Wayne Community Federal Credit Union |
| Aug 1, 1986 | Thrift Federal Savings and Loan Association of Cleveland | Charter One Bank, National Association |
| Aug 1, 1986 | Wolohan Employees Federal Credit Union | Jolt Credit Union |
| Aug 1, 1986 | First Federal Savings & Loan Association of Canton | Home Federal Bank |
| Aug 1, 1986 | Citizen Savings and Loan, Federal Association | Union Federal Savings Bank |
| Aug 1, 1986 | Madison Savings Bank | PNC Bank, Ohio, National Association |
| Aug 1, 1986 | Farmers & Traders Bank | Citizens Union Bank of Shelbyville |
| Jul 31, 1986 | Decoto Employees Federal Credit Union | Central Washington Federal Credit Union |
| Jul 31, 1986 | Dollinger Cu | Safe Credit Union |
| Jul 28, 1986 | Case Terre Haute Employees Federal Credit Union | Indiana State University Federal Credit Union |
| Jul 28, 1986 | Community of Bismarck Credit Union | Capital Credit Union |
| Jul 28, 1986 | Chisholm-Ryder Employees Federal Credit Union | Boulevard Federal Credit Union |
| Jul 26, 1986 | Major Federal Savings and Loan Association | Beacon Federal Savings and Loan Association |
| Jul 24, 1986 | Local 114 Credit Union, Inc. | Trupartner Credit Union, Inc. |
| Jul 23, 1986 | The First National Bank of Mays | Farmers State Bank Rush County |
| Jul 21, 1986 | North State Savings and Loan Corporation of Southern Pines | Barclays Bank of North Carolina |
| Jul 21, 1986 | American Commerce Banshares, Inc. | American National Corporation |
| Jul 21, 1986 | North State Savings and Loan Corporation | Barclays Bank of North Carolina |
| Jul 18, 1986 | Hudson County Police Dept Federal Credit Union | Liberty Savings Federal Credit Union |
| Jul 18, 1986 | Pan American Bank, National Association | NationsBank of Florida, National Association |
| Jul 18, 1986 | Village Bank of New Jersey | Constellation Bank, National Association |
| Jul 17, 1986 | Jay School Federal Credit Union | Crossroads Financial Federal Credit Union |
| Jul 17, 1986 | Southeastern Cu | Wcu Credit Union |
| Jul 16, 1986 | Loomis Armored Emp Fcu | Resource One Credit Union |
| Jul 14, 1986 | First North West Savings and Loan Company | Heritage Savings Bank |
| Jul 11, 1986 | Sage Plaza Bank, National Association | University Bank |
| Jul 9, 1986 | Equitable Federal Savings Bank | Citizens Federal Bank, A FSB |
| Jul 7, 1986 | Shaklee Employees Federal Credit Union | Cooperative Center Federal Credit Union |
| Jul 3, 1986 | Taylor Capital Corporation | Tallapoosa Capital Corporation |
| Jul 3, 1986 | (unnamed) | Bank of Dadeville |
| Jul 2, 1986 | Vernco Employees Federal Credit Union | Business and Industrial Federal Credit Union |
| Jul 2, 1986 | Camden County Federal Credit Union | First Harvest Federal Credit Union |
| Jul 2, 1986 | No 1761 Lansdale Pa Fcu | American Heritage Federal Credit Union |
| Jul 2, 1986 | Almo Federal Credit Union | American Heritage Federal Credit Union |
| Jul 2, 1986 | Joseph H. Cohen & Sons Employees Federal Credit Union | Philadelphia 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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