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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
971
All merger records
1989 in US banking ›

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 State Assets Acquirer
Dec 31, 1989 Landmark SVG BK SSB LA — Oak Tree Federal Savings Bank
Dec 31, 1989 De Soto State Bank TX — Provident Bank - Dallas
Dec 31, 1989 Peoples State Bank IA — Peoples National Bank
Dec 31, 1989 The Security State Bank of Commerce TX — Provident Bank - Dallas
Dec 31, 1989 Provident Bank-Denton TX — Provident Bank - Dallas
Dec 31, 1989 Blue Earth State Bank MN — Midamerica Bank South
Dec 31, 1989 Heritage Federal Savings and Loan Association IL — Chester National Bank
Dec 31, 1989 Columbus Savings, a Federal Savings and Loan Association CA — Homefed Bank, Federal Association
Dec 31, 1989 First State Bank TX — Provident Bank - Dallas
Dec 30, 1989 Summit Bank of Hamilton County IN — Summit Bank of Indianapolis
Dec 30, 1989 Southeast Bank of Gainesville FL — Southeast Bank, N.A.
Dec 30, 1989 Southeast Bank for Savings, A FSB FL — Southeast Bank, N.A.
Dec 30, 1989 Dukedom Bank TN — Reelfoot Bank
Dec 30, 1989 Old Kent Bank-Northwest IL — Old Kent Bank, National Association
Dec 30, 1989 Hanover Bank of Florida FL — North Ridge Bank

Biggest bank failures by assets ›

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 State Acquirer
Dec 15, 1989 Peoples Bank of Lilbourn MO Bank of New Madrid
Dec 15, 1989 Antrim County State Bank MI First of America Bank - Northern Michigan
Dec 15, 1989 First National Bank of Hallettsville TX Victoria Bank & Trust Company - Central
Dec 15, 1989 Cullen Bank Sugar Land TX Cullen Center Bank & Trust
Dec 14, 1989 Montrose Division Federal Credit Union PA Penn East Federal Credit Union
Dec 14, 1989 Dixie Bancshares, Inc. TN Reelfoot Bancshares, Inc.
Dec 14, 1989 1st Security Bank OH Fifth Third Bank, Ohio Valley
Dec 13, 1989 Henry Vogt Employees Credit Union KY L&N Federal Credit Union
Dec 12, 1989 Commercial Bank and Trust Company IN Anderson Banking Company
Dec 12, 1989 Maxon Employees Federal Credit Union IN Thrive Federal Credit Union
Dec 12, 1989 North Country Employees Federal Credit Union NY Adirondack Regional Federal Credit Union
Dec 11, 1989 Mine Mill Federal Credit Union OH Steel Valley Federal Credit Union
Dec 9, 1989 Builders Federal Savings and Loan Association of Rocky Mount NC Raleigh Federal Savings Bank
Dec 8, 1989 Cullen Bank/CityWest, National Association TX Cullen Center Bank & Trust
Dec 8, 1989 Alliance Financial Corporation MI Comerica Incorporated
Dec 8, 1989 Dearborn Bank and Trust Company MI Comerica Bank
Dec 8, 1989 (unnamed) — Huntington Banks of Michigan
Dec 6, 1989 Baltimore Federal Savings Employees Federal Credit Union MD Atlantic Financial Federal Credit Union
Dec 6, 1989 Community Concern #13 Federal Credit Union PA Philadelphia Federal Credit Union
Dec 4, 1989 Honeywell Bull Credit Union MA Metro Credit Union
Dec 2, 1989 American Savings Bank WA Bank of America NW, National Association
Dec 2, 1989 First Galena Bancshares, Inc. IL Nwib Acquisition Corporation
Dec 1, 1989 Valley Utah Bancorporation UT Banc One Arizona Corporation
Dec 1, 1989 Vanguard Banks FL Synovus Financial Corp.
Dec 1, 1989 Concord Savings Bank, Federal Savings Bank MD Washington Federal Savings Bank
Dec 1, 1989 Early Financial Bancshares, Inc. TX Texasbanc Holding Co.
Dec 1, 1989 National Commerce Corporation MS United Southern Corporation
Dec 1, 1989 Howard Bancorp VT Banknorth Group, Inc.
Dec 1, 1989 Banknorth Group, Inc. VT Banknorth Group, Inc.
Dec 1, 1989 Farmers Property Co Inc IL Farmers National Bancorp, Inc.
Dec 1, 1989 First Ohio Bancshares, Inc. OH Fifth Third Bancorp
Dec 1, 1989 Western Commercial, Inc. CA Vallicorp Holdings, Inc.
Dec 1, 1989 Fresno Bancorp CA Vallicorp Holdings, Inc.
Dec 1, 1989 Church of the Brethren Federal Credit Union CA First City Credit Union
Dec 1, 1989 Farmers State Bank & Trust Company TX Victoria Bank & Trust Company - Central
Dec 1, 1989 Mautz Employees Credit Union WI Heartland Credit Union
Dec 1, 1989 Amsco Employees Credit Union KY Transcend Credit Union
Dec 1, 1989 Fresno Bank of Commerce CA Valliwide Bank
Dec 1, 1989 The O'Neill National Bank NE Pinnacle Bank
Dec 1, 1989 Hussey Employees Federal Credit Union ME York County Federal Credit Union
Dec 1, 1989 G&G Federal Credit Union VA United Southeast Federal Credit Union
Dec 1, 1989 Immaculate Heart of Mary Credit Union WI Members First Credit Union
Dec 1, 1989 Bell Employees Credit Union WI Verve a Credit Union
Dec 1, 1989 Sag Harbor Savings Bank NY Apple Bank
Dec 1, 1989 American Bank of St. Louis County MO American Bank of St. Louis
Dec 1, 1989 Macomb County Bank MI First State Bank
Dec 1, 1989 Smiley State Bank TX Victoria Bank & Trust Company - Central
Dec 1, 1989 Summit Bank of Johnson County IN Summit Bank of Indianapolis
Dec 1, 1989 Sequoia Central Credit Union CA The Golden 1 Credit Union
Dec 1, 1989 Home State Bank TX Victoria Bank & Trust Company - Central

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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