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
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1987 | First RepublicBank Greenspoint | — | First Republicbank Houston N.A. |
| Dec 31, 1987 | Century Bank | — | First National Bank |
| Dec 31, 1987 | State Bank of Waubay | — | First Savings Bank |
| Dec 31, 1987 | Empire of America-California, FSB | — | Empire Federal Savings Bank of America |
| Dec 31, 1987 | First Southdale National Bank of Edina | — | U.S. Bank National Association |
| Dec 31, 1987 | First RepublicBank Post Oak | — | First Republicbank Houston N.A. |
| Dec 31, 1987 | Security Bank of Nevada | — | Bank of America, National Association |
| Dec 31, 1987 | First RepublicBank Fannin | — | First Republicbank Houston N.A. |
| Dec 31, 1987 | First National Bank of Riverlands | — | First National Bank |
| Dec 31, 1987 | First Northtown National Bank | — | U.S. Bank National Association |
| Dec 31, 1987 | Western Security Bank | — | KeyBank National Association |
| Dec 31, 1987 | First RepublicBank Baytown | — | First Republicbank Houston N.A. |
| Dec 31, 1987 | First RepublicBank East Houston | — | First Republicbank Houston N.A. |
| Dec 31, 1987 | First Edina National Bank | — | U.S. Bank National Association |
| Dec 31, 1987 | First Bank Robbinsdale, National Association | — | U.S. Bank National Association |
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 | Acquirer |
|---|---|---|
| Aug 28, 1987 | Shawmut County Bank, National Association | Fleet National Bank of Massachusetts |
| Aug 28, 1987 | The R T French Employees Federal Credit Union | Family First of NY Federal Credit Union |
| Aug 27, 1987 | N F P Federal Credit Union | 167th TFR Federal Credit Union |
| Aug 27, 1987 | Wepenn Lincoln Federal Credit Union | Firstenergy Federal Credit Union |
| Aug 27, 1987 | Ball Employees Credit Union | Indiana Members Credit Union |
| Aug 26, 1987 | United Bancorp of Maryland Inc | First Virginia Banks, Inc. |
| Aug 25, 1987 | Red Rose Federal Credit Union | Belco Community Credit Union |
| Aug 25, 1987 | Olde Town Federal Credit Union | Belco Community Credit Union |
| Aug 25, 1987 | CGH Reading Federal Credit Union | Bellco Federal Credit Union |
| Aug 24, 1987 | Collinsville State Bank | Security Bank of Texas |
| Aug 19, 1987 | Conference Federal Credit Union | Tri County Area Federal Credit Union |
| Aug 18, 1987 | W C I Employees Federal Credit Union | Erie Metro Federal Credit Union |
| Aug 17, 1987 | Elcan Employees Federal Credit Union | Madison County Federal Credit Union |
| Aug 15, 1987 | The Security National Bank of Amboy | American Bank Mankato |
| Aug 15, 1987 | Centurion Savings and Loan Association | Atlantic Financial Federal Savings Bank |
| Aug 14, 1987 | City National Bank of Carrollton | City National Bank of Carrollton |
| Aug 12, 1987 | Barnett Bank of Santa Rosa County | Barnett Bank of West Florida |
| Aug 12, 1987 | Leiters Ford State Bank | Liberty Bank and Trust Company |
| Aug 11, 1987 | Bank of Bernice | Origin Bank |
| Aug 7, 1987 | Patriot Bank, National Association | Bank of New England, N.A. |
| Aug 6, 1987 | Dixico Federal Credit Union | Relyon Credit Union |
| Aug 6, 1987 | Houston General Employees Federal Credit Union | Texas People Federal Credit Union |
| Aug 5, 1987 | First Financial Bancorp, Inc. | WesBanco, Inc. |
| Aug 4, 1987 | First Walsenburg Industrial Bank | First National Bank in Walsenburg |
| Aug 4, 1987 | Woodbridge O L a Federal Credit Union | Belvoir Federal Credit Union |
| Aug 3, 1987 | Patriot Bancorporation | Bne Massachusetts Corporation |
| Aug 1, 1987 | Texas American Bank/Gulfway, National Association | Texas American Bank/galleria, N.A. |
| Aug 1, 1987 | New Peoples Savings and Loan Association | First Federal Savings and Loan Association of America |
| Aug 1, 1987 | Mid-Tennessee Bancorp, Inc. | First Union Corporation of Virginia |
| Aug 1, 1987 | Keytesville Bancshares, Inc. | Simonsen Bancshares, Inc. |
| Aug 1, 1987 | Kremmling Holding Company | Mountain Parks Financial Corporation |
| Aug 1, 1987 | Bank of Keytesville | First Security Bank of Brookfield |
| Aug 1, 1987 | Bluco Federal Credit Union | Global Federal Credit Union |
| Aug 1, 1987 | First of America Bank-Bay Area | First of America Bank - Thumb Area |
| Aug 1, 1987 | The First National Bank of Spring Valley | First National Bank |
| Aug 1, 1987 | (unnamed) | Norwest Bank Boulder, National Association |
| Aug 1, 1987 | American Federal Savings and Loan Association | Pacific First Bank, a Federal Savings Bank |
| Aug 1, 1987 | Fed Officers & Empl Cu | Louisiana Central Credit Union |
| Aug 1, 1987 | First FS&LA | Magnolia Federal Bank for Savings |
| Aug 1, 1987 | Ashland City Bank and Trust Company | First Union National Bank of Tennessee |
| Aug 1, 1987 | Sound Credit Union | Global Federal Credit Union |
| Aug 1, 1987 | Usmc Federal Credit Union | Chaffey Federal Credit Union |
| Aug 1, 1987 | First SVG BK of FL FSB | Gibraltar Savings Bank, F.S.B. |
| Aug 1, 1987 | MBank Denton, National Association | Mbank Denton Company N.A. |
| Aug 1, 1987 | NorthWest Bank | KeyBank National Association |
| Aug 1, 1987 | Wieboldt Federal Employees Credit Union | Metropolitan L Federal Credit Union |
| Aug 1, 1987 | Kentucky Chiropractic Credit Union | Advanz Federal Credit Union |
| Aug 1, 1987 | Signal Drivers/helpers Credit Union | Archer Heights Credit Union |
| Aug 1, 1987 | E.A.C. Federal Credit Union | Technology Credit Union |
| Aug 1, 1987 | American National Bank of Abilene | First Financial Bank |
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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