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
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1990 | Southland Bank of Dothan | — | Southland Bank b/b/a Ameris |
| Dec 31, 1990 | Dominion Bank of Northern Virginia, National Association | — | First Union National Bank of Virginia |
| Dec 31, 1990 | Bank of New England - Old Colony, National Association | — | Bank of New England, N.A. |
| Dec 30, 1990 | Airport State Bank of Duluth | — | North Shore Bank of Commerce |
| Dec 29, 1990 | First Bank & Trust | — | UMB-First Bank & Trust, National Association |
| Dec 29, 1990 | Safrabank | — | SafraBank National Association |
| Dec 29, 1990 | Dominion Bank of Richmond, National Association | — | First Union National Bank of Virginia |
| Dec 28, 1990 | Mercantile Bank of Washington County | — | Mercantile Bank of the Mineral Area |
| Dec 22, 1990 | First National Bank | — | Emprise Bank, National Association |
| Dec 19, 1990 | The Peoples Bank of Harrington | — | Wilmington Trust Company |
| Dec 17, 1990 | Security State Bank | — | United Bank of Bismarck |
| Dec 16, 1990 | State Savings Bank, National Association | — | Fleet National Bank |
| Dec 15, 1990 | Norwest National Bank | — | Wells Fargo Bank Minnesota, National Association |
| Dec 15, 1990 | Shawmut Bank of Rhode Island | — | State Savings Bank, National Association |
| Dec 15, 1990 | First Interstate Bank of Spencer, National Association | — | Boatmen's National Bank of Northwest Iowa |
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 | Acquirer |
|---|---|---|
| Jul 1, 1990 | Babw Federal Credit Union | Apex Community Federal Credit Union |
| Jul 1, 1990 | First Interstate Bank of Great Falls | First Interstate Bank of Montana, National Association |
| Jul 1, 1990 | First Interstate Bank of Glacier County | First Interstate Bank of Montana, National Association |
| Jul 1, 1990 | Society Bank, Angola, National Association | Society National Bank, Indiana |
| Jul 1, 1990 | Riverside Community Credit Union | Fox Communities Credit Union |
| Jul 1, 1990 | Galaxy Federal Credit Union | Little Giant Federal Credit Union |
| Jul 1, 1990 | Warren Bank | Macomb Warren Bank |
| Jul 1, 1990 | Mhi-Npes Fcu | Tropical Financial Credit Union |
| Jul 1, 1990 | Knights of Columbus of Western Michigan Federal Credit Union | Credit Union One |
| Jul 1, 1990 | Union Federal Savings Bank | Union Federal Bank of Indianapolis |
| Jul 1, 1990 | Greater Charlotte Federal Credit Union | Alero Financial Credit Union |
| Jul 1, 1990 | MSHD-VI Fcu | Mississippi Department of Transportation Federal Credit Union |
| Jul 1, 1990 | Lancaster County Employees Credit Union | Lancaster Red Rose Credit Union |
| Jul 1, 1990 | JWC Empl Fcu | Gte Federal Credit Union dba Gte Financial |
| Jul 1, 1990 | Society Bank, Knox | Society National Bank, Indiana |
| Jul 1, 1990 | California Conference Credit Union | Interfaith Federal Credit Union |
| Jul 1, 1990 | Georgetown National Bank | Hartland Bank, National Association |
| Jul 1, 1990 | CYS Federal Credit Union | Nymeo Federal Credit Union |
| Jul 1, 1990 | First of America Bank - Alpena | First of America Bank - Northern Michigan |
| Jul 1, 1990 | I.A.M. Lodge 758 Federal Credit Union | Logix Federal Credit Union |
| Jul 1, 1990 | Moore Fremont Federal Credit Union | Fremont Federal Credit Union |
| Jul 1, 1990 | Ibew 143 Credit Union | Belco Community Credit Union |
| Jul 1, 1990 | Muskegon Printing Industrial Employees Credit Union | Family Financial Credit Union |
| Jul 1, 1990 | Society Bank, Goshen | Society National Bank, Indiana |
| Jul 1, 1990 | Trustcorp of Florida N.A. | Key Trust Company of Florida, N.A. |
| Jul 1, 1990 | Contented Federal Credit Union | Canopy Federal Credit Union |
| Jul 1, 1990 | Century Bank | Residual Bank |
| Jul 1, 1990 | Valley Financial Services, Inc. | Illinois Banc One Corporation |
| Jul 1, 1990 | Bank South Waycross, Inc. | Bank South Corporation |
| Jul 1, 1990 | Universal Bancorp | Hometown Bancshares, Inc. |
| Jul 1, 1990 | Bank South Macon, Inc. | Bank South Corporation |
| Jul 1, 1990 | Four Freedoms Federal Credit Union | Pannonia Federal Credit Union |
| Jul 1, 1990 | Nreca-Rochdale Federal Credit Union | Agriculture Federal Credit Union |
| Jul 1, 1990 | Border Credit Union | American Southwest Credit Union |
| Jul 1, 1990 | E L C M Federal Credit Union | Tri-State Federal Credit Union |
| Jul 1, 1990 | Whiting Federal Credit Union | Cinco Family Financial Center Credit Union |
| Jun 30, 1990 | Williams Bros SVG & Ca Cu | Georgia United Credit Union |
| Jun 30, 1990 | Great American Bank, Federal Savings Bank | Great American Federal Savings Association |
| Jun 30, 1990 | Bank IV Lenexa, National Association | Bank IV Kansas City, National Association |
| Jun 30, 1990 | Plaza National Bank | Community Bank & Trust, S.S.B. |
| Jun 30, 1990 | Octelco Credit Union, Inc. | Desco Federal Credit Union |
| Jun 30, 1990 | Pontiac Columbus Federal Credit Union | Metro North Federal Credit Union |
| Jun 30, 1990 | Hotel Inter-Continental Maui Federal Credit Union | Valley Isle Community Federal Credit Union |
| Jun 30, 1990 | Bank IV Corporate Woods, National Association | Bank IV Kansas City, National Association |
| Jun 30, 1990 | Vidor State Bank | Community Bank & Trust, S.S.B. |
| Jun 30, 1990 | First National Bank of Woodville | Community Bank & Trust, S.S.B. |
| Jun 30, 1990 | Warner Center Bank | City National Bank |
| Jun 30, 1990 | Equitable Bank, National Association | Maryland National Bank |
| Jun 30, 1990 | Eggers Industries Neenah Credit Union | Lakeview Credit Union |
| Jun 30, 1990 | Mayco L a Federal Credit Union | First City Credit Union |
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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