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.
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 | First American National Bank | First American National Bank |
| Jan 1, 1990 | First American Bank, Murfreesboro | First American National Bank |
| Jan 1, 1990 | First American National Bank | First American National Bank |
| Jan 1, 1990 | First of America Bank-Iron Mountain, National Association | First of America Bank-Upper Peninsula, National Association |
| Jan 1, 1990 | Graphic Communications International Union Local 24 Federal Credit Union | Tri-Point Federal Credit Union |
| Jan 1, 1990 | First Federal Savings Bank, FSB | First Bank & Trust, |
| Jan 1, 1990 | Comerica Bank - Midland | Comerica Bank National Association |
| Jan 1, 1990 | Norwest Bank Cedar Falls, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | Associated Valders Bank | Associated Bank Lakeshore, National Association |
| Jan 1, 1990 | Saint John Hospital Federal Credit Union | Century Federal Credit Union |
| Jan 1, 1990 | Magna Bank of Wood River, National Association | Magna Bank of Madison County |
| Jan 1, 1990 | Helen Keller Mem Hosp Fcu | Alabama Central Credit Union |
| Jan 1, 1990 | Maple Leaf Federal Credit Union | Geauga Credit Union, Inc. |
| Jan 1, 1990 | Comerica Bank-Ann Arbor, National Association | Comerica Bank National Association |
| Jan 1, 1990 | Comerica Bank - Kalamazoo | Comerica Bank National Association |
| Jan 1, 1990 | Landmark Bank of Alton | Magna State Bank |
| Jan 1, 1990 | Heritage National Bank | Kirkpatrick Bank |
| Jan 1, 1990 | First American National Bank | First American National Bank |
| Jan 1, 1990 | Comerica Bank-Hackley, National Association | Comerica Bank National Association |
| Jan 1, 1990 | Norwest Bank Ottumwa, National Association | Wells Fargo Bank Iowa, National Association |
| Jan 1, 1990 | Opheim Community Federal Credit Union | Daniels-Sheridan Federal Credit Union |
| Jan 1, 1990 | Security State Bank | Pilgrim Bank Texas |
| Jan 1, 1990 | Saint Luke Credit Union | Randolph-Brooks 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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