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 |
|---|---|---|
| Sep 30, 1990 | Childrens Hospital of Pittsburgh Federal Credit Union | Greater Pittsburgh Federal Credit Union |
| Sep 30, 1990 | The Krakauer Fcu | Pannonia Federal Credit Union |
| Sep 30, 1990 | Teamsters Local 107 Federal Credit Union | Sun East Federal Credit Union |
| Sep 30, 1990 | Farmers and Merchants Bank | Clare Bank, N.A. |
| Sep 29, 1990 | Simonds Employees Credit Union | I C Federal Credit Union |
| Sep 29, 1990 | Hardin, Inc. | Central Bancshares, Inc. |
| Sep 29, 1990 | Cape County Bank | Union Planters Bank of Southeast Missouri |
| Sep 29, 1990 | Farmers and Merchants Bank | First Central Bank |
| Sep 28, 1990 | Health Employees & Related Organization Fcu | C-B-W School Federal Credit Union |
| Sep 28, 1990 | United Bancshares of Nebraska, Inc. | Ameriwest Corporation |
| Sep 28, 1990 | Progressive Building & Loan Association | Susquehanna Bank DV |
| Sep 27, 1990 | Carteret County Federal Credit Union | First Flight Federal Credit Union |
| Sep 27, 1990 | Biehl Nohoga Federal Credit Union | Members Trust of the Southwest Federal Credit Union |
| Sep 26, 1990 | Valley Mart Employees Federal Credit Union | South Texas Federal Credit Union |
| Sep 26, 1990 | F&M Bank, National Association | Associated Bank North |
| Sep 26, 1990 | Norwood Federal Savings Bank | Deerfield Federal Savings and Loan Association |
| Sep 25, 1990 | D.S.E. Credit Union | Radius Federal Credit Union |
| Sep 24, 1990 | United Bank, National Association | Texas Commerce Bank-Midland, National Association |
| Sep 22, 1990 | First Florida Bank of Orange County, National Association | (unnamed) |
| Sep 21, 1990 | Coastal National Bank | Texas Gulf Bank, N.A. |
| Sep 21, 1990 | The National Bank of Northern Virginia | Crestar Bank |
| Sep 21, 1990 | Chemical National Bank | Texas Gulf Bank, N.A. |
| Sep 21, 1990 | Alvin National Bank | Texas Gulf Bank, N.A. |
| Sep 21, 1990 | Farmers Bank of Grant City/sheridan | Bank Midwest, N.A. |
| Sep 20, 1990 | E E L Federal Credit Union | Hamlet Federal Credit Union |
| Sep 19, 1990 | Park Falls State Bank | MidAmerica Bank North |
| Sep 17, 1990 | St. John:s Home Federal Credit Union | Rochester & Monroe County Employees Federal Credit Union |
| Sep 17, 1990 | Purdue Student Federal Credit Union | Purdue Federal Credit Union |
| Sep 15, 1990 | University Credit Union | Evolve Federal Credit Union |
| Sep 14, 1990 | The National Bank of Commerce of Belle | Huntington Bank Charleston N.A. |
| Sep 14, 1990 | Leigh Corporation | Citizens National Corporation |
| Sep 14, 1990 | First Federal Savings and Loan Association of Macon Co | Soy Capital Bank and Trust Company |
| Sep 13, 1990 | Canadian Imperial Holding Company | Canadian Imperial Holdings Inc. |
| Sep 13, 1990 | G.S.W. Building Corporation | Merchants Bancshares, Inc. |
| Sep 11, 1990 | Toddler Cu | Tennessee Valley Federal Credit Union |
| Sep 10, 1990 | Fifth Third Bank of Eastern Indiana | The Fifth Third Bank of Southeastern Indiana |
| Sep 10, 1990 | Exchange Bank of Lake County | LaSalle Bank Northbrook |
| Sep 10, 1990 | Society Bank, Lenawee | Keybank National Association |
| Sep 9, 1990 | (unnamed) | Banco Popular, Illinois |
| Sep 8, 1990 | Valley Bank, Sun Prairie | Valley Bank |
| Sep 8, 1990 | Community Federal Savings and Loan Association | World Savings and Loan Association, A Federal Savings and Loan Associati |
| Sep 8, 1990 | Valley Bank of Oregon | Valley Bank |
| Sep 7, 1990 | Shawmut Arlington Trust Company | Fleet National Bank of Massachusetts |
| Sep 5, 1990 | Madison County Bank & Trust | Citizens Banking Company |
| Sep 4, 1990 | Neltner Employees Federal Credit Union | Trupartner Credit Union, Inc. |
| Sep 4, 1990 | Esselte Federal Credit Union | People's Alliance Federal Credit Union |
| Sep 1, 1990 | Americana Bank of Danube | Excel Bank Minnesota |
| Sep 1, 1990 | Sug Credit Union | Capitol Credit Union |
| Sep 1, 1990 | Elkhorn Bankshares Corporation | Firstar Corporation of Wisconsin |
| Sep 1, 1990 | First State Bank | Liberty Bank & Trust |
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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