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 |
|---|---|---|
| Jun 30, 1990 | Circle Management Company | First National of Nebraska, Inc. |
| Jun 30, 1990 | Meigs County Bancshares, Inc. | BMR Financial Group, Inc. |
| Jun 30, 1990 | Vidor Bancshares, Inc. | Southeast Texas Bancshares, Inc. |
| Jun 28, 1990 | One Motel, Inc. | One Valley Bank, National Association |
| Jun 28, 1990 | Ovb Monroe NC, Inc. | One Valley Bank, National Association |
| Jun 28, 1990 | Ovb Mishawaka in, Inc. | One Valley Bank, National Association |
| Jun 25, 1990 | Jaunty Employees Federal Credit Union | Scranton Downtown Federal Credit Union |
| Jun 25, 1990 | Top of the Hill Federal Credit Union | American Heritage Federal Credit Union |
| Jun 23, 1990 | Sovran Bank/Memphis | NationsBank of Tennessee, National Association |
| Jun 23, 1990 | Sovran Bank/Union City | NationsBank of Tennessee, National Association |
| Jun 22, 1990 | Barnett Bank of St. Lucie County | Barnett Bank of the Treasure Coast |
| Jun 22, 1990 | Barnett Bank of Citrus County, National Association | Barnett Bank of the Suncoast, National Association |
| Jun 21, 1990 | Decatur Properties | Great Western Bancorporation, Inc. |
| Jun 21, 1990 | Texas Commerce Bank-Rio Grande Valley | Texas Commerce Bank - Rio Grande Valley, National Association |
| Jun 16, 1990 | (unnamed) | First Midwest Bank, National Association |
| Jun 16, 1990 | Humeston Corporation | Citizens Corporation |
| Jun 16, 1990 | First Midwest Bank/Deerfield, National Association | First Midwest Bank, National Association |
| Jun 16, 1990 | Umaga Credit Union | Topline Financial Credit Union |
| Jun 16, 1990 | Parker Square State Bank | Norwest Bank Texas, Wichita Falls, National Association |
| Jun 15, 1990 | Citizens Banking Company | Nbank, N.A. |
| Jun 14, 1990 | (unnamed) | Kaw Valley Bank |
| Jun 11, 1990 | Fairfield Teachers Credit Union | Mutual Savings Credit Union |
| Jun 11, 1990 | North Platte Trust Company | United Nebraska Bank, North Platte |
| Jun 9, 1990 | First State Bank | The First National Bank of Athens |
| Jun 9, 1990 | Ranchers National Bank of Winner | First Fidelity Bank |
| Jun 9, 1990 | Jefferson National Bank/Tidewater | Jefferson National Bank |
| Jun 7, 1990 | Major Employees Credit Union, Inc. | Whitehall Credit Union |
| Jun 7, 1990 | Signal Bancorp | Norwest Indiana, Inc. |
| Jun 7, 1990 | Hudson River Psychiatric Center Emp Federal Credit Union | Bridgeway Federal Credit Union |
| Jun 6, 1990 | John Sexton Indianapolis Employees Federal Credit Union | Indiana Members Credit Union |
| Jun 5, 1990 | Peoples Bank Corporation | BC Bancshares Inc. |
| Jun 4, 1990 | Metropolitan National Bank | Hancock Whitney Bank |
| Jun 4, 1990 | Steitz Savings & Loan Association | Northwest Bank |
| Jun 4, 1990 | North Flint Catholic Credit Union | Elga Credit Union |
| Jun 2, 1990 | Weekly Federal Savings and Loan Association | Bayvanguard Bank |
| Jun 2, 1990 | Sotelco Credit Union | Redwood Credit Union |
| Jun 2, 1990 | Hatch Valley Credit Union | White Sands Federal Credit Union |
| Jun 2, 1990 | Anderson Community Federal Credit Union | Anderson Federal Credit Union |
| Jun 1, 1990 | The First National Bank of Jewett | Belmont National Bank |
| Jun 1, 1990 | State National Corporation | NBD Illinois, Inc. |
| Jun 1, 1990 | RMN Bancshares, Inc. | North Arkansas Bancshares, Inc. |
| Jun 1, 1990 | Mammoth Investments & Credit Corp, Inc. | North Arkansas Bancshares, Inc. |
| Jun 1, 1990 | Iuka Bancshares Corporation | Emprise Financial Corp. - Hutchinson |
| Jun 1, 1990 | The First National Bank of Columbus | Stanley Bank |
| Jun 1, 1990 | Rogers Affil Fcu | Georgia United Credit Union |
| Jun 1, 1990 | Sheetmetal-Oak Park Municipal Credit Union | Motor City Co-Op Credit Union |
| Jun 1, 1990 | Bristol Reynolds Metals Employees Federal Credit Union | United Southeast Federal Credit Union |
| Jun 1, 1990 | Emprise Bank | Emprise Bank, National Association |
| Jun 1, 1990 | Farmers Bank and Trust Company | Citizens Bank of Posey County, National Association |
| Jun 1, 1990 | NBD Ann Arbor, National Association | Bank One, Michigan |
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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