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 |
|---|---|---|
| Jan 2, 1990 | PP&L Lehigh Cu | Gold Credit Union |
| Jan 2, 1990 | Landmark Bancshares of Illinois, Inc. | Landmark Bancshares of Illinois, Inc. |
| Jan 2, 1990 | Valley National Bank, Glendale | Wells Fargo Bank, N.A. |
| Jan 2, 1990 | First National Bank of West Hamlin | The Twentieth Street Bank |
| Jan 2, 1990 | Girard Federal Credit Union | Viriva Community Credit Union |
| Jan 2, 1990 | Ibew No 743 Federal Credit Union | Riverfront Federal Credit Union |
| Jan 2, 1990 | Cfi Credit Union | Barksdale Federal Credit Union |
| Jan 2, 1990 | H B D Federal Credit Union | American Hammered Federal Credit Union |
| Jan 2, 1990 | Western Permanent Federal Savings and Loan Association | Providence Savings and Loan Association, Federal Association |
| Jan 2, 1990 | Ramseys Savings and Loan Association | Lakeview Savings Bank |
| Jan 2, 1990 | The Saver's Bank | Dartmouth Bank |
| Jan 2, 1990 | The Citizens State Bank of Utica | The First State Bank of Ransom |
| Jan 2, 1990 | Dartmouth Banking Company | Dartmouth Bank |
| Jan 2, 1990 | Southland Life Employees Credit Union | LegacyTexas Bank |
| Jan 2, 1990 | Haubstadt State Bank | Citizens Bank of Gibson County, National Association |
| Jan 2, 1990 | West Employees Federal Credit Union | Apex Community Federal Credit Union |
| Jan 2, 1990 | Belknap Bank & Trust | Dartmouth Bank |
| Jan 1, 1990 | Comerica Bank - Battle Creek | Comerica Bank National Association |
| Jan 1, 1990 | Seattle Trust Capital Corporation | KeyBank National Association |
| Jan 1, 1990 | Keenan Credit Union | Heritage Bank of the South |
| Jan 1, 1990 | Phoebe Putney Employees Credit Union | Heritage Bank of the South |
| Jan 1, 1990 | Bod Depository, Inc. | Bank of Delaware Corporation |
| Jan 1, 1990 | WC Bradley Empl Ca Cu | Members Alliance Federal Credit Union |
| Jan 1, 1990 | Butterfield Savings and Loan Association, a Federal Savings Association | Downey Savings and Loan Association, F.A. |
| Jan 1, 1990 | First National Bankshares, Inc | Merchants National Corporation |
| Jan 1, 1990 | First Clarion Bancorporation | First Citizens Financial Corp. |
| Jan 1, 1990 | Midwest Financial Investment Management Company | First of America Bank Corporation |
| Jan 1, 1990 | Commerce Bank - Nixa, National Association | Commerce Bank, National Association |
| Jan 1, 1990 | Unibanc Brokerage Services, Inc. | Old Kent-Illinois, Inc. |
| Jan 1, 1990 | Equitable Mortgage Company | The First State Bank |
| Jan 1, 1990 | The Northern Virginia Banking Corporation | Crestar Financial Corporation |
| Jan 1, 1990 | CWB Holdings - Onalaska, Inc. | M&I LLC |
| Jan 1, 1990 | Elliott Bancorp, Inc. | FirstBank of Illinois Co. |
| Jan 1, 1990 | Rend Lake Bancorp, Inc. | PBM Bancorp, Incorporated |
| Jan 1, 1990 | Heritage Bank Mt Pleasant Building Corporation | Johnson Bank |
| Jan 1, 1990 | Old Kent Leasing Corporation | Old Kent Financial Corporation |
| Jan 1, 1990 | BMR Florida Corporation | BMR Financial Group, Inc. |
| Jan 1, 1990 | First Bellevue Bancshares Co. | Wells Fargo & Company |
| Jan 1, 1990 | Toronto Financial Corporation | Emprise Financial Corporation |
| Jan 1, 1990 | Eureka Financial Corporation | Emprise Financial Corporation |
| Jan 1, 1990 | Moline Financial Corporation | Emprise Financial Corporation |
| Jan 1, 1990 | First Interstate Services Company | First Interstate Bancorp |
| Jan 1, 1990 | Redbank Federal Credit Union | Edifi Federal Credit Union |
| Jan 1, 1990 | First American Bank, Clarksville | First American National Bank |
| Jan 1, 1990 | The Guaranty Deposit Bank | HNB Bank, National Association |
| Jan 1, 1990 | Miami Valley Bank of Southwest Ohio | Oak Hill Banks |
| Jan 1, 1990 | Blair Community Federal Credit Union | Omaha Federal Credit Union |
| Jan 1, 1990 | Eastwood Bank | Eastwood Bank |
| Jan 1, 1990 | Big Little Federal Credit Union | First Harvest Federal Credit Union |
| Jan 1, 1990 | Emprise Bank, National Association | Emprise Bank |
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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