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 1, 1990 | Armour Employees Credit Union | Ccfbank N.A. |
| Jan 1, 1990 | United National Bank | First National Bank Texas dba First Convenience Bank |
| Jan 1, 1990 | Norwest Bank Atlantic, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | Norwest Bank Mason City, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | Tri Co Credit Union | H P C Credit Union |
| Jan 1, 1990 | Massachusetts Enlisted Association Federal Credit Union | Rah Federal Credit Union |
| Jan 1, 1990 | Internal Revenue Toledo Federal Credit Union | United Services Federal Credit Union |
| Jan 1, 1990 | Acco Federal Credit Union | Midflorida Credit Union |
| Jan 1, 1990 | Norwest Bank Denison, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | Norwest Bank Cedar Rapids, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | Wheel Horse Employees Federal Credit Union | Communitywide Federal Credit Union |
| Jan 1, 1990 | American Bank | First National Bank Texas dba First Convenience Bank |
| Jan 1, 1990 | Meridian National Bank | CivicBank of Commerce |
| Jan 1, 1990 | Meridian I C G Cu | Meridian Mutual Federal Credit Union |
| Jan 1, 1990 | Landmark Bank of Madison County | Magna State Bank |
| Jan 1, 1990 | Twin County Cath(cu)of Quachit | Carter Federal Credit Union |
| Jan 1, 1990 | Herald-Leader Employees Credit Union, Inc. | Lexington Postal Community Credit Union |
| Jan 1, 1990 | First American National Bank | First American National Bank |
| Jan 1, 1990 | Grant County Schools Credit Union | Fort Bayard Federal Credit Union |
| Jan 1, 1990 | Saints Ann, Anthony, Nicholas Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Jan 1, 1990 | First Bank (N.A.) - Southside Missoula | U.S. Bank National Association MT |
| Jan 1, 1990 | First National Bank in Miles City | U.S. Bank National Association MT |
| Jan 1, 1990 | The First National Bank in Havre | U.S. Bank National Association MT |
| Jan 1, 1990 | Ontario Federal Credit Union | Primetrust Financial Federal Credit Union |
| Jan 1, 1990 | Norwest Bank Fort Dodge, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | FirstBank-Butte, National Association | U.S. Bank National Association MT |
| Jan 1, 1990 | First National Bank in Bozeman | U.S. Bank National Association MT |
| Jan 1, 1990 | First Bank-West Billings | U.S. Bank National Association MT |
| Jan 1, 1990 | Saint Michael Parish Credit Union, Inc. | General Electric Credit Union |
| Jan 1, 1990 | First American Bank | First American National Bank |
| Jan 1, 1990 | First Bank (N.A.) - Western Montana Missoula | U.S. Bank National Association MT |
| Jan 1, 1990 | California State Employees Credit Union #8 | Redwood Credit Union |
| Jan 1, 1990 | First National Bank & Trust Company of Helena | U.S. Bank National Association MT |
| Jan 1, 1990 | First Westside National Bank of Great Falls | U.S. Bank National Association MT |
| Jan 1, 1990 | The First National Bank of Great Falls | U.S. Bank National Association MT |
| Jan 1, 1990 | Burbank Postal Employees Federal Credit Union | Logix Federal Credit Union |
| Jan 1, 1990 | Galesville Credit Union | Co-Op Credit Union |
| Jan 1, 1990 | First American Bank | First American National Bank |
| Jan 1, 1990 | M&I Bank of LaCrosse | M&I Bank of Onalaska |
| Jan 1, 1990 | Emprise Bank | Emprise Bank |
| Jan 1, 1990 | Rta West Federal Credit Union | Rta Brooklyn Federal Credit Union |
| Jan 1, 1990 | College Heights Federal Credit Union | Arkansas Superior Federal Credit Union |
| Jan 1, 1990 | B P P Federal Credit Union | Credit Union One |
| Jan 1, 1990 | Asbo Federal Credit Union | Visionary Federal Credit Union |
| Jan 1, 1990 | Emprise Bank | Emprise Bank |
| Jan 1, 1990 | Newco Credit Union | Service Federal Credit Union |
| Jan 1, 1990 | Number Five Credit Union, Inc. | Buckeye State Credit Union, Inc. |
| Jan 1, 1990 | Comerica Bank-Lansing, National Association | Comerica Bank National Association |
| Jan 1, 1990 | Emprise Bank, National Association | Emprise Bank |
| Jan 1, 1990 | Norwest Bank Sioux City, National Association | Wells Fargo Bank Iowa, National Association |
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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