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Mergers by Year

Bank Mergers in 1987

The Federal Reserve's National Information Center (NIC) recorded 1,196 merger records involving a bank, credit union or bank holding company in 1987. 609 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 983 in 1986.

609
Banks acquired
2 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
125
Holding companies
Bank holding companies merged
1,196
All merger records
1987 in US banking ›

Largest bank mergers of 1987

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective Acquired bank State Assets Acquirer
Dec 31, 1987 First RepublicBank Greenspoint TX — First Republicbank Houston N.A.
Dec 31, 1987 Century Bank LA — First National Bank
Dec 31, 1987 State Bank of Waubay SD — First Savings Bank
Dec 31, 1987 Empire of America-California, FSB CA — Empire Federal Savings Bank of America
Dec 31, 1987 First Southdale National Bank of Edina MN — U.S. Bank National Association
Dec 31, 1987 First RepublicBank Post Oak TX — First Republicbank Houston N.A.
Dec 31, 1987 Security Bank of Nevada NV — Bank of America, National Association
Dec 31, 1987 First RepublicBank Fannin TX — First Republicbank Houston N.A.
Dec 31, 1987 First National Bank of Riverlands LA — First National Bank
Dec 31, 1987 First Northtown National Bank MN — U.S. Bank National Association
Dec 31, 1987 Western Security Bank OR — KeyBank National Association
Dec 31, 1987 First RepublicBank Baytown TX — First Republicbank Houston N.A.
Dec 31, 1987 First RepublicBank East Houston TX — First Republicbank Houston N.A.
Dec 31, 1987 First Edina National Bank MN — U.S. Bank National Association
Dec 31, 1987 First Bank Robbinsdale, National Association MN — U.S. Bank National Association

Biggest bank failures by assets ›

Every merger recorded in 1987

1,196 NIC merger records in 1987 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Dec 31, 1987 First RepublicBank Greenspoint TX First Republicbank Houston N.A.
Dec 31, 1987 Seneca Bancshares, Inc. WV One Valley Bancorp, Inc.
Dec 31, 1987 Mercantile Bancorp, Inc. WV Mountaineer Bankshares of W. VA., Inc.
Dec 31, 1987 Ban Pro Corporation MI Old Kent Bank-Southwest
Dec 31, 1987 Financial Management Bancshares of West Va Inc WV One Valley Bancorp, Inc.
Dec 31, 1987 Morgan Bancorp, Incorporated WV Mountaineer Bankshares of W. VA., Inc.
Dec 31, 1987 Savannah Bancshares, Inc. MO Maryville Bancshares, Inc.
Dec 31, 1987 Valley National Corporation OR U.S. Bancorp
Dec 31, 1987 Peoples Ban Corporation WA U.S. Bancorp
Dec 31, 1987 Commercial Security Bancorporation UT Key Bancshares of Utah Inc.
Dec 31, 1987 Old National Bancorporation WA U.S. Bancorp
Dec 31, 1987 First National Bank of Hopkins MN U.S. Bank National Association
Dec 31, 1987 First Bank (National Association) - Lake MN U.S. Bank National Association
Dec 31, 1987 Empire of America-Texas FSB TX Empire Federal Savings Bank of America
Dec 31, 1987 First Plymouth National Bank MN U.S. Bank National Association
Dec 31, 1987 Ahmanson Trust Company CA Trust Services of America, Inc.
Dec 31, 1987 Second Timmon Fcu FL Martin Federal Credit Union
Dec 31, 1987 First RepublicBank Eldridge, National Association TX First Republicbank Houston N.A.
Dec 31, 1987 First RepublicBank Nassau Bay, National Association TX First Republicbank Houston N.A.
Dec 31, 1987 Burnham Empl Ca Fcu GA Members Alliance Federal Credit Union
Dec 31, 1987 First Bank Security, National Association MN U.S. Bank National Association
Dec 31, 1987 First RepublicBank Pasadena TX First Republicbank Houston N.A.
Dec 31, 1987 Lyon County Teachers Federal Credit Union KS Emporia State Federal Credit Union
Dec 31, 1987 First Bank Grand, National Association MN U.S. Bank National Association
Dec 31, 1987 First RepublicBank Spring Branch TX First Republicbank Houston N.A.
Dec 31, 1987 First RepublicBank San Felipe, National Association TX First Republicbank Houston N.A.
Dec 31, 1987 First RepublicBank Braes Bayou, National Association TX First Republicbank Houston N.A.
Dec 31, 1987 First RepublicBank Kingwood, National Association TX First Republicbank Houston N.A.
Dec 31, 1987 The Camel Bank, Incorporated AZ (unnamed)
Dec 31, 1987 Forest SVC Fcu GA Excel Federal Credit Union
Dec 31, 1987 First RepublicBank Tomball TX First Republicbank Houston N.A.
Dec 31, 1987 The Commercial National Bank and Trust Company of Laurel MS Trustmark Bank
Dec 31, 1987 Our Lady of Hope K of C #3076 Federal Credit Union NY SJP Federal Credit Union
Dec 31, 1987 First Industrial Bank & Trust Company LA First National Bank
Dec 31, 1987 The First National Bank of Avonmore PA Promistar Bank
Dec 31, 1987 Community Bank of Savannah MO Bank Midwest, N.A.
Dec 31, 1987 First RepublicBank SW Houston, National Association TX First Republicbank Houston N.A.
Dec 31, 1987 United Grocers and Associates Credit Union MO United Consumers Credit Union
Dec 31, 1987 First National Bank of Burnsville MN U.S. Bank National Association
Dec 31, 1987 Methodist Hosp of Jacksonville Fcu FL Alive Credit Union
Dec 31, 1987 First Bank White Bear Lake, National Association MN U.S. Bank National Association
Dec 31, 1987 First Bank East, National Association MN U.S. Bank National Association
Dec 31, 1987 The First National Bank of Saint Paul MN U.S. Bank National Association
Dec 31, 1987 Northwestern Comm Fcu GA Georgia United Credit Union
Dec 31, 1987 First Bank Robbinsdale, National Association MN U.S. Bank National Association
Dec 31, 1987 Century Bank LA First National Bank
Dec 31, 1987 First RepublicBank Baytown TX First Republicbank Houston N.A.
Dec 31, 1987 Western Security Bank OR KeyBank National Association
Dec 31, 1987 First RepublicBank East Houston TX First Republicbank Houston N.A.
Dec 31, 1987 Empire of America-California, FSB CA Empire Federal Savings Bank of America

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

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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