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 1, 1990 | NBD F & M Bank, National Association | Bank One, Michigan |
| Nov 1, 1990 | First Federal Savings and Loan Association | First Palmetto Bank |
| Nov 1, 1990 | Affiliated Bank/DuPage | Lasalle Bank Illinois |
| Nov 1, 1990 | First Wisconsin Northwestern National Bank of Milwaukee | Firstar Bank Milwaukee, National Association |
| Nov 1, 1990 | (unnamed) | Union National Bank of Arkansas Little Rock |
| Nov 1, 1990 | NBD Northwest Bank, National Association | Bank One, Michigan |
| Nov 1, 1990 | NBD Monroe County Bank | Bank One, Michigan |
| Nov 1, 1990 | Decatur-Macon County Catholic Credit Union | Staley Credit Union |
| Nov 1, 1990 | City of Harvey Employees Credit Union | Sherwin Williams Employees Credit Union |
| Nov 1, 1990 | Affiliated Bank/Western National | Lasalle Bank Illinois |
| Nov 1, 1990 | Affiliated Bank/North Shore National | Lasalle Bank Illinois |
| Nov 1, 1990 | Pheoll Employees Credit Union | Central Credit Union of Illinois |
| Nov 1, 1990 | Old Kent Bank | Old Kent Bank, National Association |
| Nov 1, 1990 | NBD Battle Creek, National Association | Bank One, Michigan |
| Oct 31, 1990 | Buchanan County Credit Union | Veridian Credit Union |
| Oct 29, 1990 | Bank of New England - West, National Association | Bank of New England, N.A. |
| Oct 27, 1990 | First Texas Bank | Lockwood National Bank of Houston |
| Oct 27, 1990 | Dairyman's State Bank | Bank One, Beaver Dam |
| Oct 26, 1990 | The National Bank of Commerce of Nitro | Huntington Bank Charleston N.A. |
| Oct 26, 1990 | American Bank of Chattanooga Financial Corp | SunTrust Bank, Chattanooga, National Association |
| Oct 24, 1990 | Illinois Center Bancorporation, Inc. | Lake Shore Bancorp, Inc. |
| Oct 24, 1990 | Valley Center Bancshares, Inc. | INTRUST Financial Corporation |
| Oct 20, 1990 | The Torrance National Bank | California United Bank |
| Oct 20, 1990 | Star Banc Corporation, Northern Kentucky NO. 1 | Star Bank, National Association, Kentucky |
| Oct 20, 1990 | Commercial National Bank and Trust Company | Union Planters Bank of Louisiana |
| Oct 19, 1990 | Shawmut Bank of Franklin County | Fleet National Bank of Massachusetts |
| Oct 19, 1990 | Shawmut First Bank and Trust Company | Fleet National Bank of Massachusetts |
| Oct 19, 1990 | Shawmut Bank of Hampshire County, National Association | Fleet National Bank of Massachusetts |
| Oct 19, 1990 | The National Bank of Commerce of South Charleston | Huntington Bank Charleston N.A. |
| Oct 17, 1990 | Hawthorne Investment Co. Inc | Malden Trust Company |
| Oct 16, 1990 | N I M C Credit Union | North Iowa Community Credit Union |
| Oct 15, 1990 | Village Savings Bank | The Monadnock Bank |
| Oct 15, 1990 | Lone Rock Investments, Inc. | Royal Bancshares, Inc. |
| Oct 13, 1990 | Star Bank, Northern Kentucky | Star Bank, National Association, Kentucky |
| Oct 12, 1990 | First NH Banks, Inc. | Bank of Ireland First Holdings, Inc. |
| Oct 12, 1990 | Western Community Bancorp | Western Community Bank |
| Oct 10, 1990 | Uiu Local 48 Credit Union | Steel Valley Federal Credit Union |
| Oct 10, 1990 | RBC Holdings (Delaware) Inc. | RBC Holdings (Delaware) Inc. |
| Oct 8, 1990 | Harvard Building Corporation | The F&M Bank & Trust Company |
| Oct 6, 1990 | Citibank (Utah) | KeyBank National Association |
| Oct 2, 1990 | Metropolitan Holding Company, Inc. | Baltimore Bancorp |
| Oct 2, 1990 | SS&D Credit Union | Eastex Credit Union |
| Oct 2, 1990 | Ae Employees Federal Credit Union | Southern Security Federal Credit Union |
| Oct 1, 1990 | Peoples Bank of Central Virginia | F & M Bank/Central Virginia |
| Oct 1, 1990 | Bank of Maryland - Carroll County | Bank of Maryland |
| Oct 1, 1990 | East Bonneville Credit Union | A+ Credit Union |
| Oct 1, 1990 | Stetson Univ Cu | Florida Baptist Credit Union |
| Oct 1, 1990 | Bank of Maryland - Harford County | Bank of Maryland |
| Oct 1, 1990 | Exchange Bank of DuPage, Oak Brook, Illinois | La Salle Bank Westmont |
| Oct 1, 1990 | Charter Bank Group, Inc. | First Chicago NBD Corporation |
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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