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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
Jun 30, 1987 Lowe Brothers Company Employees Federal Credit Union OH Countywide Federal Credit Union
Jun 30, 1987 Simco Employees Federal Credit Union NY Tri State Area Federal Credit Union
Jun 30, 1987 NBC Bank - Brooks Field, National Association TX NBC Bank-San Antonio, N.A.
Jun 30, 1987 D. H. Food Employees Credit Union NE Greater Omaha Federal Credit Union
Jun 30, 1987 NBC Bank - Meyerland TX NBC Bank-Houston, N.A.
Jun 30, 1987 I.B.E.W. Local Number 972 Federal Credit Union OH Riverview Federal Credit Union, Inc.
Jun 30, 1987 Garden Way Federal Credit Union NY Capital Communications Federal Credit Union
Jun 30, 1987 Alderman Employees Federal Credit Union NC Members Credit Union
Jun 30, 1987 Iowa Lutheran Hospital Employees Credit Union IA Des Moines Metro Credit Union
Jun 30, 1987 Baptist Hosp Empl Cu TN Knoxville Tva Employees Credit Union
Jun 30, 1987 First National Bank of Beckville TX The First National Bank of Carthage
Jun 30, 1987 NBC Bank - Spring Branch TX NBC Bank-Houston, N.A.
Jun 30, 1987 (unnamed) — NBC Bank-Houston, N.A.
Jun 30, 1987 Sacred Heart Hospital Federal Credit Union MD Chessie Federal Credit Union
Jun 29, 1987 Franklin Street Regis Employees Federal Credit Union VA Chartway Federal Credit Union
Jun 29, 1987 MBank El Paso West, National Association TX Norwest Bank El Paso, National Association
Jun 29, 1987 Boatmen's Bank of De Soto MO Boatmen's Bank of Jefferson County
Jun 29, 1987 MBank Franklin, National Association TX Norwest Bank El Paso, National Association
Jun 29, 1987 MBank Bassett, National Association TX Norwest Bank El Paso, National Association
Jun 29, 1987 MBank Vista Hills, National Association TX Norwest Bank El Paso, National Association
Jun 29, 1987 Trailways of DC Federal Credit Union DC Fedchoice Federal Credit Union
Jun 29, 1987 G.T. Ohio Federal Credit Union OH Universal 1 Credit Union, Inc.
Jun 29, 1987 Greyhound Indianapolis Employees Federal Credit Union IN Indiana Members Credit Union
Jun 29, 1987 Chandler State Bank IN Integra Bank N.A.
Jun 27, 1987 Patapsco Council Credit Union MD Central Credit Union of Maryland
Jun 27, 1987 Bliss Street Federal Credit Union NY Bethex Federal Credit Union
Jun 26, 1987 County Bancorp, Inc. PA Commonwealth Bancshares Corporation
Jun 26, 1987 Willard Allentown Federal Credit Union PA People First Federal Credit Union
Jun 26, 1987 Paxton-Mitchell Employees Credit Union NE Greater Omaha Federal Credit Union
Jun 22, 1987 Texas Commerce Bank - Gulfway, National Association TX Texas Commerce Bank - Corpus Christi, National Association
Jun 22, 1987 Texas Commerce Bank-Irving Boulevard TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank-Hillcrest TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank - Casa Linda, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 Colorado I.O.F. Federal Credit Union CO Climb Credit Union
Jun 22, 1987 Texas Commerce Bank-Barton Creek, National Association TX Texas Commerce Bank-Austin, National Association
Jun 22, 1987 Texas Commerce Bank-Las Colinas TX Texas Commerce Bank, National Association
Jun 22, 1987 Pic Federal Credit Union TN Southern Security Federal Credit Union
Jun 22, 1987 Texas Commerce Bank-Campbell Centre, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 N H C Community Federal Credit Union IN Indiana Members Credit Union
Jun 22, 1987 Texas Commerce Bank - Quorum, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank-Northcross, National Association TX Texas Commerce Bank-Austin, National Association
Jun 22, 1987 Texas Commerce Bank - Brookhollow, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank - Park Central, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank - Northwest, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank - Preston Royal, National Association TX Texas Commerce Bank, National Association
Jun 22, 1987 Texas Commerce Bank-Garland TX Texas Commerce Bank, National Association
Jun 20, 1987 Bank of Minneapolis and Trust Company MN Firstar MetroBank
Jun 20, 1987 The State Bank AZ Security Pacific Bank Arizona
Jun 16, 1987 Capital S&LA AZ Granite Bank, Federal Savings Bank
Jun 16, 1987 Continental Bank and Trust Company WI Wells Fargo Bank Wisconsin, National Association

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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