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 |
|---|---|---|
| Jun 16, 1987 | Commercial National Bank | Norwest Bank Texas, South, National Association |
| Jun 15, 1987 | General Bank Corporation of Kentucky | Farmers Capital Bank Corporation |
| Jun 15, 1987 | Texas Commerce Bank - Westwood | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Greens Crossing, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-WestLake Park, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Cyfair, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - South Belt, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Kingwood, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Clear Lake, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Pasadena | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-West Oaks, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Tanglewood | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-North Freeway | Chase Bank of Texas, National Association |
| Jun 15, 1987 | (unnamed) | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Inwood, N.A. | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Chemical | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Stafford, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Cypress Station, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Katy Freeway, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | The Fidelity State Bank | Industrial State Bank |
| Jun 15, 1987 | Texas Commerce Bank - Del Oro, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Reagan | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Richmond/Sage | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Airline | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Champions Park, National Association | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Medical Bank | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank - Southeast | Chase Bank of Texas, National Association |
| Jun 15, 1987 | Texas Commerce Bank-Lakeside | Chase Bank of Texas, National Association |
| Jun 12, 1987 | Carney Bank of Broward County | Carney Bank |
| Jun 10, 1987 | V . O Press Employees Federal Credit Union | Columbia Greene Credit Union |
| Jun 10, 1987 | Cleveland Grasselli Works Credit Union, Inc. | Firefighters Community Cu |
| Jun 10, 1987 | Oil Well Employees Federal Credit Union | America's Credit Union |
| Jun 8, 1987 | First Fidelity Bank, National Association, County | First Fidelity Bank, National Association, New Jersey |
| Jun 8, 1987 | RepublicBank Austin | First Republicbank Austin N.A. |
| Jun 8, 1987 | InterFirst Bank Houston, National Association | First Republicbank Houston N.A. |
| Jun 8, 1987 | InterFirst Bank San Antonio, National Association | First Republicbank San Antonio, N.A. |
| Jun 8, 1987 | Fruit Belt Motor Federal Credit Union | Numark Credit Union |
| Jun 8, 1987 | InterFirst Bank Dallas, National Association | First Republicbank Dallas, N.A. |
| Jun 6, 1987 | The Turner State Bank | Kaw Valley Bank |
| Jun 5, 1987 | Kaw Valley Bancshares, Inc. | Kaw Valley Bancshares, Inc. |
| Jun 4, 1987 | GMH Federal Credit Union | Fort Financial Federal Credit Union |
| Jun 3, 1987 | Deep East Texas Federal Credit Union | Doches Credit Union |
| Jun 2, 1987 | United Michigan Corporation | First Chicago NBD Corporation |
| Jun 2, 1987 | Wayn-Tex Employees Credit Union | Dupont Community Credit Union |
| Jun 2, 1987 | Security Savings Association | Industrial Savings and Loan Association |
| Jun 2, 1987 | Centel Employees Federal Credit Union | Freedom First Federal Credit Union |
| Jun 1, 1987 | Uaw Bbuilding Corp Federal Credit Union | First Citizens Federal Credit Union |
| Jun 1, 1987 | Newport County Trust Company | BankNewport |
| Jun 1, 1987 | Word Employees Credit Union | Genco Federal Credit Union |
| Jun 1, 1987 | Fannin Bancshares, Inc. | Interfirst Corporation |
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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