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 |
|---|---|---|
| Mar 31, 1990 | Scheirich Employees Federal Credit Union | Advanz Federal Credit Union |
| Mar 31, 1990 | Marine Midland (Delaware) N.A. | HSBC Bank USA, N.A. |
| Mar 31, 1990 | United Engineering Employees Federal Credit Union | Doy Federal Credit Union |
| Mar 31, 1990 | Health First Credit Union | First Illinois Credit Union |
| Mar 31, 1990 | American National Bank | Wells Fargo Bank, N.A. |
| Mar 31, 1990 | County Trust Company | Midlantic National Bank/North |
| Mar 30, 1990 | Yaquina Bay Bank | United States National Bank of Oregon |
| Mar 30, 1990 | Sentry Insurance N.E. Federal Credit Union | Sentry Credit Union |
| Mar 30, 1990 | The Colonial Bank - Gulf Coast Region | Colonial Bank |
| Mar 30, 1990 | Northern Kentucky Financial Corporation | Provident Financial Group, Inc. |
| Mar 30, 1990 | Metropolitan Bancorp Inc. | Banc One Ohio Corporation |
| Mar 30, 1990 | United National Bank | Bank One, Lima, National Association |
| Mar 30, 1990 | The Metropolitan Bank of Lima, Ohio | Bank One, Lima, National Association |
| Mar 30, 1990 | School District 271 Federal Credit Union | MY Credit Union |
| Mar 28, 1990 | Marisub, Inc. | Banc One Wisconsin Corporation |
| Mar 28, 1990 | Marisub of Wisconsin, Inc. | Banc One Wisconsin Corporation |
| Mar 28, 1990 | NBWC Corporation | Synovus Financial Corp. |
| Mar 27, 1990 | First Community Bancorp, Inc. | Fulton Financial Corporation |
| Mar 27, 1990 | Montgomery Bancgroup & Co | First Montgomery Bancorp, Inc. |
| Mar 21, 1990 | Parkminster Upc Federal Credit Union | St. Pius X Church Federal Credit Union |
| Mar 21, 1990 | Doxsee Food Credit Union | Central Credit Union of Maryland |
| Mar 20, 1990 | Home Federal Savings | Roosevelt Bank |
| Mar 19, 1990 | Irving Bank Corporation | The Bank of New York Company, Inc. |
| Mar 19, 1990 | Federal Center Federal Credit Union | American Heritage Federal Credit Union |
| Mar 15, 1990 | K of C Council 704 Federal Credit Union | Carolina Federal Savings Bank |
| Mar 13, 1990 | Southern Ohio School Employees Credit Union, Inc. | Atomic Credit Union, Inc. |
| Mar 12, 1990 | Boatmen's Bank of Crane | (unnamed) |
| Mar 12, 1990 | PMC Philadelphia Credit Union | American Heritage Federal Credit Union |
| Mar 10, 1990 | Sunrise Federal Savings and Loan Association | Second National Federal Savings Association |
| Mar 9, 1990 | First of America Bank-Rockford, National Association | First of America-North Central Illinois, National Association |
| Mar 9, 1990 | Key Bank of Southeastern New York National Association | Keybank National Association |
| Mar 9, 1990 | Excelmark Mortgage Services, Inc. | Landmark Bancorp |
| Mar 8, 1990 | Deutsch Relays Employees Federal Credit Union | People's Alliance Federal Credit Union |
| Mar 5, 1990 | First of America Bank - Zion | First of America Bank-Illinois, National Association |
| Mar 5, 1990 | First Pennsylvania Corporation | Corestates Financial Corp |
| Mar 3, 1990 | Society Bank | Society Bank, National Association |
| Mar 3, 1990 | BayBank Merrimack Valley, N. A. | BayBank, National Association |
| Mar 2, 1990 | Magna Bank of Belleville | Magna Bank, National Association |
| Mar 1, 1990 | Trustcorp Bank | Keybank National Association |
| Mar 1, 1990 | Union Bancorp Inc. | First Chicago NBD Corporation |
| Mar 1, 1990 | First Bancorp of Springfield, Inc. | F & P Bancshares, Inc. |
| Mar 1, 1990 | Farm Fresh Employees Credit Union | Chartway Federal Credit Union |
| Mar 1, 1990 | Mitchell County Teachers Fcu | Doco Credit Union |
| Mar 1, 1990 | S C I Credit Union | Affinity Credit Union |
| Mar 1, 1990 | Wisconsin Window Unit Credit Union | Park City Credit Union |
| Mar 1, 1990 | Florida National Bank | First Union National Bank of Florida |
| Mar 1, 1990 | Rushmore Federal Credit Union | Highmark Federal Credit Union |
| Mar 1, 1990 | Hta Federal Credit Union | Henrico Federal Credit Union |
| Mar 1, 1990 | Savannah News Press Empl Fcu | Georgia's Own Credit Union |
| Mar 1, 1990 | Paris Electrical Workers Credit Union | Employees United Federal 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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