Mergers by Year
Bank Mergers in 1989
The Federal Reserve's National Information Center (NIC) recorded 971 merger records involving a bank, credit union or bank holding company in 1989. 439 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 1,275 in 1988.
439
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
113
Holding companies
Bank holding companies merged
Largest bank mergers of 1989
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1989 | Landmark SVG BK SSB | — | Oak Tree Federal Savings Bank |
| Dec 31, 1989 | De Soto State Bank | — | Provident Bank - Dallas |
| Dec 31, 1989 | Peoples State Bank | — | Peoples National Bank |
| Dec 31, 1989 | The Security State Bank of Commerce | — | Provident Bank - Dallas |
| Dec 31, 1989 | Provident Bank-Denton | — | Provident Bank - Dallas |
| Dec 31, 1989 | Blue Earth State Bank | — | Midamerica Bank South |
| Dec 31, 1989 | Heritage Federal Savings and Loan Association | — | Chester National Bank |
| Dec 31, 1989 | Columbus Savings, a Federal Savings and Loan Association | — | Homefed Bank, Federal Association |
| Dec 31, 1989 | First State Bank | — | Provident Bank - Dallas |
| Dec 30, 1989 | Summit Bank of Hamilton County | — | Summit Bank of Indianapolis |
| Dec 30, 1989 | Southeast Bank of Gainesville | — | Southeast Bank, N.A. |
| Dec 30, 1989 | Southeast Bank for Savings, A FSB | — | Southeast Bank, N.A. |
| Dec 30, 1989 | Dukedom Bank | — | Reelfoot Bank |
| Dec 30, 1989 | Old Kent Bank-Northwest | — | Old Kent Bank, National Association |
| Dec 30, 1989 | Hanover Bank of Florida | — | North Ridge Bank |
Every merger recorded in 1989
971 NIC merger records in 1989 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Apr 18, 1989 | Hope Coronado Federal Credit Union | Wings Credit Union |
| Apr 15, 1989 | Painters & Allied Trades Fcu | Union Fidelity Federal Credit Union |
| Apr 15, 1989 | U S Shoe Employees of Harrison Federal Credit Union | Members Trust Federal Credit Union |
| Apr 14, 1989 | Allied Oklahoma Bank, N.A. | Bank One, Oklahoma City |
| Apr 12, 1989 | 1466 Federal Credit Union | Security Service Federal Credit Union |
| Apr 11, 1989 | Fellowship Savings and Loan Association | Polifly Federal Savings and Loan Association |
| Apr 10, 1989 | Valley National Bank | Valley First National Bank |
| Apr 10, 1989 | Viking Savings and Loan Association | Westside Bank, a Federal Savings Bank |
| Apr 7, 1989 | The Valley National Bank of Oregon | United States National Bank of Oregon |
| Apr 6, 1989 | Humansville Bank | Southwest Bank |
| Apr 4, 1989 | Lessco Credit Union | Allentown Federal Credit Union |
| Apr 3, 1989 | National Bankshares Corporation | Boatmen's Arkansas, Inc |
| Apr 3, 1989 | Boatmen's Bank of O'Fallon | The Boatmen's National Bank of St. Louis |
| Apr 3, 1989 | Centerre Bank N.A. | The Boatmen's National Bank of St. Louis |
| Apr 3, 1989 | Boatmen's Bank of Jefferson County | The Boatmen's National Bank of St. Louis |
| Apr 3, 1989 | Geneva Federal Savings and Loan Association | Security Federal Savings and Loan Association of Cleveland |
| Apr 2, 1989 | MCB Federal Credit Union | Marine Federal Credit Union |
| Apr 2, 1989 | Stockbridge Group Associates, Inc. | Pawling Savings Bank |
| Apr 2, 1989 | First Guaranty Corporation | FGC Holding Company |
| Apr 1, 1989 | Tola-Roadrunner Cu | Relyon Credit Union |
| Apr 1, 1989 | First-Oklahoma Bank & Trust Company | BancFirst |
| Apr 1, 1989 | Upper East Tennessee Medical Service Credit Union | Greater Experience Credit Union |
| Apr 1, 1989 | The Federal National Bank & Trust Company of Shawnee | BancFirst |
| Apr 1, 1989 | Collier Keyworth Employees Federal Credit Union | Gfa Federal Credit Union |
| Apr 1, 1989 | Bar Bar Federal Credit Union | Sherwin Williams Employees Credit Union |
| Apr 1, 1989 | The First National Bank and Trust Company of Stillwater | BancFirst |
| Apr 1, 1989 | First Bank and Trust Company | BancFirst |
| Apr 1, 1989 | Sylvania Saint Josephs Federal Credit Union | Directions Credit Union |
| Apr 1, 1989 | Allen Park Presbyterian Credit Union | Rivers Edge Community Credit Union |
| Apr 1, 1989 | St. Louis Western Union Credit Union | Gateway Metro Federal Credit Union |
| Apr 1, 1989 | Mattoon Bank | First Mid Bank & Trust, N.A. |
| Apr 1, 1989 | First American Bank of Redwood Falls | Bremer Bank, N.A. |
| Apr 1, 1989 | American Standard Employees Credit Union | Waypoint Federal Credit Union |
| Apr 1, 1989 | Northwest Diocesan Credit Union | Creighton Federal Credit Union |
| Apr 1, 1989 | Mountain Plains Bank | The First Western Bank Sturgis |
| Apr 1, 1989 | Hydro Aire Empl Federal Credit Union | Logix Federal Credit Union |
| Apr 1, 1989 | The First National Bank of Guthrie | BancFirst |
| Apr 1, 1989 | Old Capital Bank and Trust Company | INB Banking Company |
| Apr 1, 1989 | Waukesha Credit Union | Landmark Credit Union |
| Apr 1, 1989 | The Anderson Ferry Building and Loan Company | The Glenway Loan and Deposit Company |
| Apr 1, 1989 | Sumter County Teachers Credit Union | Doco Credit Union |
| Apr 1, 1989 | Rock County Bancorp | Johnson Heritage Bancorp, Ltd. |
| Apr 1, 1989 | Gsbi Mortgage Corporation | Granite State Bankshares, Inc. |
| Apr 1, 1989 | C & S Bank of Conyers | NationsBank, National Association (South) |
| Apr 1, 1989 | City Bank | BancFirst |
| Apr 1, 1989 | Grace Church Credit Union | Vibe Credit Union |
| Apr 1, 1989 | Thomco Employees Federal Credit Union | 1st Select Federal Credit Union |
| Apr 1, 1989 | Saint Michaels Monroe Credit Union | Education Plus Credit Union |
| Apr 1, 1989 | American Bank of Commerce | BancFirst |
| Apr 1, 1989 | Rosedale Federal Savings and Loan Association of Covington | First Federal Bank for Savings of Northern Kentucky |
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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