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 |
|---|---|---|
| May 1, 1990 | Telco Communications Credit Union | Telco Triad Community Credit Union |
| May 1, 1990 | First Central Credit Union of Memphis | First South Financial Federal Credit Union |
| May 1, 1990 | The First National Bank of East Smithfield | Citizens & Northern Bank |
| May 1, 1990 | First Community National Bank | Bank One, Rockford, National Association |
| May 1, 1990 | BMS Mortgage Corporation | BMS Mortgage Corporation |
| May 1, 1990 | Spring Grove School Employees Credit Union | Glatco Credit Union |
| May 1, 1990 | Texas Capital Bank-Fort Bend | Texas Capital Bank, National Association |
| May 1, 1990 | Associated Builders & Contractors National Federal Credit Union | Fedchoice Federal Credit Union |
| May 1, 1990 | Peoples Bank of Port Huron | Bank One, Michigan |
| Apr 30, 1990 | McKesson Northern California Federal Credit Union | Yolo Federal Credit Union |
| Apr 30, 1990 | Development Services Corporation | First Security Corporation |
| Apr 30, 1990 | First Interstate Corporation of Wisconsin | Wells Fargo & Company |
| Apr 30, 1990 | Citadel Bankshares, Inc. | Fourth Financial Corporation |
| Apr 30, 1990 | Southwest Ban Corporation | Southwest Holdings, Inc. |
| Apr 30, 1990 | Citadel Bank of Augusta | Bank IV Butler County, National Association |
| Apr 30, 1990 | American Industrial Bank of Boulder | American Industrial Bank of Arvada |
| Apr 30, 1990 | American Industrial Bank, Inc | American Industrial Bank of Aurora |
| Apr 30, 1990 | American Industrial Bank, Inc | First Community Industrial Bank |
| Apr 30, 1990 | American Industrial Bank of Fort Collins | American Industrial Bank of Arvada |
| Apr 30, 1990 | Hysol Division-The Dexter Corp. Federal Credit Union | High Point Federal Credit Union |
| Apr 30, 1990 | Citadel Bank of Wichita | Bank IV, National Association |
| Apr 28, 1990 | The Bank Excelsior, National Association | Wells Fargo Bank Minnesota, National Association |
| Apr 28, 1990 | Community State Bank of Princeton | Peoples Bank of Commerce |
| Apr 28, 1990 | The Bank Wayzata, National Association | Wells Fargo Bank Minnesota, National Association |
| Apr 28, 1990 | (unnamed) | Summit Bank |
| Apr 28, 1990 | The Bank North, National Association | Wells Fargo Bank Minnesota, National Association |
| Apr 28, 1990 | First Pennsylvania Bank (NJ) National Association | New Jersey National Bank |
| Apr 26, 1990 | Allen Chapel a M E Federal Credit Union | Everwise Credit Union |
| Apr 26, 1990 | Vetco Credit Union | Credit Union of Denver |
| Apr 25, 1990 | The First National Bank of Wyoming | First Eastern Bank, National Association |
| Apr 23, 1990 | Abingdon Bank and Trust Company | Wells Fargo Bank Illinois, National Association |
| Apr 23, 1990 | Community Bank & Trust Company | Wells Fargo Bank Illinois, National Association |
| Apr 23, 1990 | Madison Park Bank | Wells Fargo Bank Illinois, National Association |
| Apr 22, 1990 | Ameritrust National Bank, Shelby County | Ameritrust National Bank, Central Indiana |
| Apr 22, 1990 | Ameritrust Bank, Johnson County | Ameritrust National Bank, Central Indiana |
| Apr 21, 1990 | First American Bank & Trust, N.A. | Barnett Bank of Palm Beach County |
| Apr 20, 1990 | The Northern Corporation | American National Corporation |
| Apr 17, 1990 | Privatbanken A/s | Nordea Bank Danmark A/s |
| Apr 16, 1990 | World and Tribune Federal Credit Union | Oklahoma Central Credit Union |
| Apr 16, 1990 | Inland Bancorp, Inc. | First Colonial Bankshares Corporation |
| Apr 11, 1990 | Independence Blue Cross Credit Union | American Heritage Federal Credit Union |
| Apr 11, 1990 | Binghamton Container Co Employees Federal Credit Union | GHS Federal Credit Union |
| Apr 11, 1990 | Liberty Bancorp, Inc. | 1st Oak Brook Bank |
| Apr 10, 1990 | Borco Employees Federal Credit Union | Indiana Members Credit Union |
| Apr 10, 1990 | Bank of Lyle | Sterling State Bank |
| Apr 9, 1990 | Copenhagen Handelsbank A/s | Danske Bank A/s |
| Apr 9, 1990 | Sovran Bank/Chattanooga | NationsBank of Tennessee, National Association |
| Apr 9, 1990 | Provinsbanken A/s | Danske Bank A/s |
| Apr 7, 1990 | The Peoples State Bank | Valley First National Bank |
| Apr 7, 1990 | Trenton Bank and Trust Company | First of America Bank-Security |
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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