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

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 11, 1987	MBank Greenspoint, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	Aab Corporation	MI	First of America Bank-Ann Arbor
Dec 11, 1987	MBank Memorial, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	Interchem Federal Credit Union	NJ	L'Oreal USA Federal Credit Union
Dec 11, 1987	Mercantile Bank of Miller	MO	Mercantile Bank of South Central Missouri
Dec 11, 1987	MBank West Oaks, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	MBank Westbury, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	MBank Clear Lake, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	Lakewood 1st Industrial Bank	CO	Arvada 1st Industrial Bank
Dec 11, 1987	MBank Westchase, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	MBank Gulf Freeway, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	MBank Long Point, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	MBank Copperfield, National Association	TX	Mbank Houston, N.A.
Dec 11, 1987	North Denver 1st Industrial Bank	CO	Arvada 1st Industrial Bank
Dec 10, 1987	S Bent Brothers Federal Credit Union	MA	Gfa Federal Credit Union
Dec 10, 1987	Egypt Bancorp, Inc.	IL	Egypt Bancorp, Inc.
Dec 10, 1987	Amcan Employees Federal Credit Union	NJ	Ocnac No 1 Federal Credit Union
Dec 10, 1987	NCR Ithaca Employees Federal Credit Union	NY	Beginnings Credit Union
Dec 9, 1987	Riverside Federal Savings and Loan Association	AR	Home Federal Savings of Kansas City
Dec 8, 1987	Nassau-Suffolk Typographical Federal Credit Union	NY	Suffolk Federal Credit Union
Dec 7, 1987	First Security Savings Company	NE	First Security Bank & Trust Co.
Dec 7, 1987	The Midwest Bank & Trust Company	OH	The Provident Bank
Dec 5, 1987	The Peoples National Bank of Central Jersey	NJ	First National Bank of Central Jersey
Dec 5, 1987	American Savings Association of Kansas, a Federal Savings and Loan Association	KS	Imperial Federal Savings Association
Dec 4, 1987	(unnamed)	—	The Harris Bank National Association
Dec 4, 1987	MBank Market Center	TX	Mbank Dallas, N.A.
Dec 4, 1987	MBank Lincoln Centre, National Association	TX	Mbank Dallas, N.A.
Dec 4, 1987	MBank Irving	TX	Mbank Dallas, N.A.
Dec 4, 1987	First Bank of Conyers	GA	Bank South
Dec 4, 1987	MBank Preston	TX	Mbank Dallas, N.A.
Dec 2, 1987	Asbestos WKRS Local 112 Fcu	LA	Gca Federal Credit Union
Dec 2, 1987	Commerce Bancorp, Inc.	MI	Security Bancorp, Inc.
Dec 2, 1987	First Prague Bancorporation, Inc.	OK	BancFirst Corporation
Dec 2, 1987	First Savings Company of Lexington	NE	Pinnacle Bank
Dec 1, 1987	The First National Bank of Avoca	PA	PNC Bank, Northeast PA
Dec 1, 1987	Kiamichi Bancshares, Inc.	OK	BancFirst Corporation
Dec 1, 1987	First Madill Bancorporation, Inc.	OK	BancFirst Corporation
Dec 1, 1987	Arbuckle Bancorp, Inc.	OK	BancFirst Corporation
Dec 1, 1987	First City Bank - West, N.A.	TX	First City, Texas - El Paso, N.A.
Dec 1, 1987	First Interstate Bank of Wisconsin	WI	Norwest Bank Wisconsin Northeast
Dec 1, 1987	Polk County Federal Savings and Loan of Des Moines	IA	Midwest Savings Association Federal Association
Dec 1, 1987	First Union Bank of Macon	GA	First Union National Bank of Georgia
Dec 1, 1987	Minton Employees Federal Credit Union	CA	Mirastar Federal Credit Union
Dec 1, 1987	Park National Bank	TX	Cleveland Bank & Trust
Dec 1, 1987	First Union Bank of Pine Mountain	GA	First Union National Bank of Georgia
Dec 1, 1987	First Union Bank of Augusta	GA	First Union National Bank of Georgia
Dec 1, 1987	Twin Oaks Dairy Federal Credit Union	IL	Alero Financial Credit Union
Dec 1, 1987	The First National Bank of Normal	IL	Commerce Bank
Dec 1, 1987	Quaker State Home Office Federal Credit Union	PA	New Directions Community Credit Union
Dec 1, 1987	Texas Bank	TX	TexasBank

Bank mergers by year

← 1986 · 1988 →

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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