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 |
|---|---|---|
| Nov 30, 1990 | Lafayette County Bancshares, Inc. | Lafayette Bancshares, Inc. |
| Nov 30, 1990 | Big Six Towers Federal Credit Union | Qside Federal Credit Union |
| Nov 29, 1990 | Imc Magnetics Employees Federal Credit Union | Fourleaf Federal Credit Union |
| Nov 27, 1990 | Austenal Dover Federal Credit Union | Members Connect Federal Credit Union |
| Nov 24, 1990 | BayBank Southeast, National Association | BayBank South |
| Nov 17, 1990 | F&M Bank | Associated Bank North |
| Nov 17, 1990 | Cole Taylor Operations Network Inc. | Cole Taylor Bank |
| Nov 17, 1990 | Heritage Bank of Mukwonago | Johnson Bank |
| Nov 17, 1990 | Lawrence National Employees Credit Union | Metro Credit Union |
| Nov 16, 1990 | Citizens Fidelity Bank and Trust Company Winchester | Citizens Fidelity Bank and Trust Company Lexington |
| Nov 16, 1990 | Lowcountry Bancshares, Inc. | L S B Bancshares Inc of South Carolina |
| Nov 16, 1990 | Santa Clarita National Bank | (unnamed) |
| Nov 15, 1990 | United Southern Corporation | Union Planters Corporation |
| Nov 15, 1990 | First Financial of Russellville, Inc. | Trans Financial, Inc. |
| Nov 15, 1990 | Aplington Insurance, Inc. | GL & ML, Limited |
| Nov 13, 1990 | Quality Federal Credit Union | Mutual Security Credit Union, Inc. |
| Nov 13, 1990 | Jordan Business Forms Federal Credit Union | Truliant Federal Credit Union |
| Nov 10, 1990 | Utah Deseret Mortgage Corporation | Wells Fargo Trust Company, N.A. |
| Nov 10, 1990 | Mountain View Investment Company | Wells Fargo Trust Company, N.A. |
| Nov 10, 1990 | Deseret Bancorporation | First Security Corporation |
| Nov 10, 1990 | Deseret Bank | Wells Fargo Trust Company, N.A. |
| Nov 10, 1990 | The Bank of Baltimore | The Bank of Baltimore |
| Nov 10, 1990 | G. L. Corporation | Wells Fargo Trust Company, N.A. |
| Nov 9, 1990 | Shawmut Worcester County Bank, National Association | Fleet National Bank of Massachusetts |
| Nov 7, 1990 | Pajaro Valley Bancorporation | Pacific Capital Bancorp |
| Nov 5, 1990 | (unnamed) | First Midwest Bank |
| Nov 3, 1990 | The Seymour Trust Company | Fleet National Bank |
| Nov 3, 1990 | Friendship Federal Credit Union | Members Credit Union |
| Nov 3, 1990 | (unnamed) | New Hampshire Savings Bank |
| Nov 3, 1990 | The Planters Corporation | RBC Bancorporation (USA) |
| Nov 3, 1990 | Peoples Bancorporation | RBC Bancorporation (USA) |
| Nov 3, 1990 | The Planters National Bank and Trust Company | RBC Bank (USA) |
| Nov 3, 1990 | Peoples Bank & Trust Company | RBC Bank (USA) |
| Nov 3, 1990 | Chester Bank | Fleet National Bank |
| Nov 3, 1990 | Home Savings and Loan Association | First National Bank Northwest Ohio |
| Nov 3, 1990 | F & M Bank | Associated Bank North |
| Nov 3, 1990 | Peoples Bank of the Triad | RBC Bank (USA) |
| Nov 2, 1990 | First Interstate Leasing, Inc. | First Interstate of North Dakota, Inc. |
| Nov 1, 1990 | (unnamed) | M&I Bank of Dodgeville |
| Nov 1, 1990 | Affiliated Bank/Chicago | Lasalle Bank Illinois |
| Nov 1, 1990 | SBT Bancorp, Inc. | Old National Bancorp |
| Nov 1, 1990 | Pine Ridge Management Co. | C.S.B. Co. |
| Nov 1, 1990 | NBD Kalamazoo Bank | Bank One, Michigan |
| Nov 1, 1990 | NBD Cadillac Bank | Bank One, Michigan |
| Nov 1, 1990 | NBD Petoskey, National Association | Bank One, Michigan |
| Nov 1, 1990 | River Valley Credit Union | Illiana Financial Credit Union |
| Nov 1, 1990 | NBD Grand Haven | Bank One, Michigan |
| Nov 1, 1990 | Old Kent Bank-St. Charles, National Association | Old Kent Bank, National Association |
| Nov 1, 1990 | Affiliated Bank/Morton Grove | Lasalle Bank Illinois |
| Nov 1, 1990 | NBD Grand Rapids, National Association | Bank One, Michigan |
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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