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Mergers by Year

Bank Mergers in 1990

The Federal Reserve's National Information Center (NIC) recorded 973 merger records involving a bank, credit union or bank holding company in 1990. 431 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 971 in 1989.

431
Banks acquired
3 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
119
Holding companies
Bank holding companies merged
973
All merger records
1990 in US banking ›

Largest bank mergers of 1990

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, 1990 Southland Bank of Dothan AL — Southland Bank b/b/a Ameris
Dec 31, 1990 Dominion Bank of Northern Virginia, National Association VA — First Union National Bank of Virginia
Dec 31, 1990 Bank of New England - Old Colony, National Association MA — Bank of New England, N.A.
Dec 30, 1990 Airport State Bank of Duluth MN — North Shore Bank of Commerce
Dec 29, 1990 First Bank & Trust KS — UMB-First Bank & Trust, National Association
Dec 29, 1990 Safrabank FL — SafraBank National Association
Dec 29, 1990 Dominion Bank of Richmond, National Association VA — First Union National Bank of Virginia
Dec 28, 1990 Mercantile Bank of Washington County MO — Mercantile Bank of the Mineral Area
Dec 22, 1990 First National Bank KS — Emprise Bank, National Association
Dec 19, 1990 The Peoples Bank of Harrington DE — Wilmington Trust Company
Dec 17, 1990 Security State Bank ND — United Bank of Bismarck
Dec 16, 1990 State Savings Bank, National Association CT — Fleet National Bank
Dec 15, 1990 Norwest National Bank MN — Wells Fargo Bank Minnesota, National Association
Dec 15, 1990 Shawmut Bank of Rhode Island RI — State Savings Bank, National Association
Dec 15, 1990 First Interstate Bank of Spencer, National Association IA — Boatmen's National Bank of Northwest Iowa

Biggest bank failures by assets ›

Every merger recorded in 1990

973 NIC merger records in 1990 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Dec 31, 1990 Lincoln County School Employees Credit Union MT Lincoln County Credit Union
Dec 31, 1990 Halstead Employees Federal Credit Union PA Beaver Valley Federal Credit Union
Dec 31, 1990 Bank of New England - Old Colony, National Association MA Bank of New England, N.A.
Dec 31, 1990 Southland Bank of Dothan AL Southland Bank b/b/a Ameris
Dec 31, 1990 Plough's Credit Union TN Synergy Bank
Dec 31, 1990 Prudential Bancorp CA Orange Bancorp
Dec 31, 1990 Washington Trust Equity Corporation WA Washington Trust Bank
Dec 31, 1990 Miami Agency, Inc. KS Team Financial, Inc.
Dec 31, 1990 Stupp Corporation LA Stupp BROS., Inc.
Dec 31, 1990 Independent Community Bancshares, Inc. WI Valley Bancorporation
Dec 31, 1990 Johnson Heritage Bancorp, Ltd. WI Johnson Financial Group, Inc.
Dec 31, 1990 HFB Corp IL HNB Corp.
Dec 31, 1990 Village Ventures, Inc. NY Village Bank
Dec 31, 1990 Village Investors Corp. NY Village Bank
Dec 31, 1990 South Main Street Properties Inc. VA Village Bank
Dec 31, 1990 Village Services, Inc. NY Village Bank
Dec 31, 1990 Builders Engineering Company MO Stupp BROS., Inc.
Dec 31, 1990 Dominion Bank of Northern Virginia, National Association VA First Union National Bank of Virginia
Dec 30, 1990 VSB Service Corporation VA Village Bank
Dec 30, 1990 Airport State Bank of Duluth MN North Shore Bank of Commerce
Dec 29, 1990 Safrabank FL SafraBank National Association
Dec 29, 1990 First Bank & Trust KS UMB-First Bank & Trust, National Association
Dec 29, 1990 National Van Employees Credit Union IL Bensenville Community Credit Union
Dec 29, 1990 Dominion Bank of Richmond, National Association VA First Union National Bank of Virginia
Dec 29, 1990 Grantsburg Community Federal Credit Union WI Indianhead Credit Union
Dec 28, 1990 (unnamed) — Mineral King National Bank
Dec 28, 1990 First State Bancorp of Harvey IL First Mutual Bancorp of Illinois, Inc.
Dec 28, 1990 Mercantile Bank of Washington County MO Mercantile Bank of the Mineral Area
Dec 27, 1990 Hebron Credit Union ND Western Cooperative Credit Union
Dec 26, 1990 Banque De L'Union Europeene — Credit Industriel Et Commercial
Dec 22, 1990 First National Bank KS Emprise Bank, National Association
Dec 21, 1990 Apsb Bancorp CA American Pacific State Bank
Dec 20, 1990 Mountain Credit Corporation KY The Bank of Whitesburg
Dec 19, 1990 Old Bucks Building and Loan Association NJ The Community National Bank of New Jersey
Dec 19, 1990 The Peoples Bank of Harrington DE Wilmington Trust Company
Dec 18, 1990 Graphic Arts Credit Union PA Trumark Credit Union
Dec 18, 1990 Northern Cities Bancorporation, Inc. MN U.S. Bancorp
Dec 18, 1990 Madv Cu PA Trumark Credit Union
Dec 17, 1990 SCR Employee Credit Union NY Boulevard Federal Credit Union
Dec 17, 1990 Central of Illinois, Inc. IL AMCORE Financial, Inc.
Dec 17, 1990 Security State Bank ND United Bank of Bismarck
Dec 17, 1990 Victory Building & Loan Association NJ Susquehanna Bank DV
Dec 16, 1990 State Savings Bank, National Association CT Fleet National Bank
Dec 15, 1990 SouthTrust Bank of Henry County AL SouthTrust Bank of Dothan, National Association
Dec 15, 1990 Shawmut Bank of Rhode Island RI State Savings Bank, National Association
Dec 15, 1990 First Interstate Bank of Spencer, National Association IA Boatmen's National Bank of Northwest Iowa
Dec 15, 1990 Norwest National Bank MN Wells Fargo Bank Minnesota, National Association
Dec 14, 1990 Warrick National Bank IN Old National Bank
Dec 14, 1990 Warrick Financial Corporation IN Old National Bancorp
Dec 14, 1990 Kanopolis Bankshares, Inc. KS First State Management Corporation, Inc.

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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