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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 State Bank of Waubay SD First Savings Bank
Dec 31, 1987 First National Bank of Riverlands LA First National Bank
Dec 31, 1987 First RepublicBank Fannin TX First Republicbank Houston N.A.
Dec 31, 1987 First Northtown National Bank MN U.S. Bank National Association
Dec 31, 1987 Security Bank of Nevada NV Bank of America, National Association
Dec 31, 1987 First RepublicBank Post Oak TX First Republicbank Houston N.A.
Dec 31, 1987 First Edina National Bank MN U.S. Bank National Association
Dec 31, 1987 First Southdale National Bank of Edina MN U.S. Bank National Association
Dec 30, 1987 The Morley State Bank MI Independent Bank-West Michigan
Dec 30, 1987 FNB Bancorp., Inc. IL Greatbanc, Inc.
Dec 30, 1987 Central Financial Corporation KS Kansas State Financial Corporation
Dec 29, 1987 Community Federal Savings and Loan Association OH Union Federal Savings Bank
Dec 29, 1987 First Security Affiliates, Inc. KY First Security Affiliates, Inc.
Dec 29, 1987 First Springfield National Corp. TN First Union Corporation of Virginia
Dec 29, 1987 United Bancorporation Alaska, Inc. AK Alliance Bancorporation
Dec 29, 1987 Citizens Savings Associatin KS Pioneer Federal Savings & Loan Association
Dec 29, 1987 (unnamed) — Alliance Bank
Dec 28, 1987 Downey Funding Corporation CA Southern California Bank
Dec 28, 1987 Utica Club Employees Federal Credit Union NY G.P.O. Federal Credit Union
Dec 28, 1987 New Farmers and Merchants Bank of Ashville AL Union State Bank
Dec 26, 1987 Tecumseh Bank OK The Federal National Bank & Trust Company of Shawnee
Dec 24, 1987 Night Hawk Employee Credit Union TX Velocity Credit Union
Dec 24, 1987 Columbia County School Employees Federal Credit Union PA Philadelphia Federal Credit Union
Dec 22, 1987 Toledo Central Credit Union, Inc. OH A P Federal Credit Union
Dec 22, 1987 Guyan Bancshares Inc WV Matewan Bancshares, Inc.
Dec 22, 1987 Lyndhurst Columbia Federal Credit Union NJ Ocnac No 1 Federal Credit Union
Dec 22, 1987 Farmers' State Bank of Sheffield, Ill. IL AMCORE Bank, Princeton
Dec 22, 1987 Gilbert Bank and Trust Company WV The Matewan National Bank
Dec 22, 1987 American National Bank WV The Matewan National Bank
Dec 21, 1987 The South Windsor Bank and Trust Company CT The Connecticut Bank and Trust Company, N.A.
Dec 21, 1987 Wendell Federal Savings and Loan Association NC Pioneer Savings Bank, Inc.
Dec 21, 1987 First United Federal Savings Bank IN Permanent Bank
Dec 21, 1987 Citizen's National Bank of Monett/Pierce City, Mo. MO First State Bank of the Ozarks
Dec 19, 1987 William Penn Bank PA Glendale Bank of Pennsylvania
Dec 19, 1987 Valley Bank of Fredonia WI Bank Wisconsin
Dec 18, 1987 Liberty Eylau State Bank TX Hibernia National Bank of Texas
Dec 18, 1987 CB&T Bancshares, Inc. AL The Colonial Bancgroup, Inc.
Dec 18, 1987 Caribank of Palm Beach County FL Caribank
Dec 18, 1987 Texarkana National Bank-Central Plaza TX Hibernia National Bank of Texas
Dec 18, 1987 Texarkana National Bank-Twin City TX Hibernia National Bank of Texas
Dec 17, 1987 Mount Pleasant Savings & Loan Association TX Loan and Building, SSB
Dec 16, 1987 Chattanooga Central Soya Fcu TN Tennessee Valley Federal Credit Union
Dec 16, 1987 Boone County Federal Savings and Loan Association MO United Savings Bank
Dec 16, 1987 Certain Teed Empl Fcu GA Geovista Federal Credit Union
Dec 16, 1987 Texize Credit Union IL River Valley Credit Union
Dec 15, 1987 Richmark Bank, National Association TX Richmark Bank
Dec 15, 1987 News - Star - World Federal Credit Union LA Sevenfold Federal Credit Union
Dec 12, 1987 Central Bank of Shelby County AL BBVA USA
Dec 12, 1987 Lackawanna Laundry Employees Federal Credit Union NJ L'Oreal USA Federal Credit Union
Dec 12, 1987 Associated Neenah West Bank, National Association WI Associated Bank, 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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