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 1, 1990 | Huntington Bank of Campbell County, Inc. | The Huntington National Bank of Kentucky |
| Sep 1, 1990 | Appleton Teachers Credit Union | Fox Communities Credit Union |
| Sep 1, 1990 | Laborers 1177 Cu | Formation Federal Credit Union |
| Sep 1, 1990 | Huntington National Bank of Boone County | The Huntington National Bank of Kentucky |
| Sep 1, 1990 | First National Bank of Weirton | United National Bank - North |
| Sep 1, 1990 | Wolf Envelope Employees Credit Union, Inc. | Firefighters Community Cu |
| Sep 1, 1990 | NBD Sandusky Bank | Bank One, Michigan |
| Sep 1, 1990 | NBD Saginaw | Bank One, Michigan |
| Sep 1, 1990 | NBD Genesee Bank | Bank One, Michigan |
| Sep 1, 1990 | First of America Bank - Lewiston | First of America Bank - Northern Michigan |
| Sep 1, 1990 | TN Mill Empl Cu | Y-12 Federal Credit Union |
| Sep 1, 1990 | NBD Alpena Bank | Bank One, Michigan |
| Sep 1, 1990 | Americana State Bank | Excel Bank Minnesota |
| Sep 1, 1990 | Albany First Federal Savings and Loan Association | SunTrust Bank, South Georgia, National Association |
| Sep 1, 1990 | Pearl River Valley Fcu | Zellco Federal Credit Union |
| Sep 1, 1990 | Global Savings Bank, Federal Savings Bank | United Commercial Bank |
| Sep 1, 1990 | Northern California Grocers Association Credit Union | S a F E Credit Union |
| Sep 1, 1990 | First Federal Savings and Loan Association of Kendallville | Peoples Federal Savings Bank of DeKalb County |
| Sep 1, 1990 | Schmidt's Employees Credit Union | Ideal Credit Union |
| Sep 1, 1990 | Americana State Bank of Hayward | Excel Bank Minnesota |
| Sep 1, 1990 | Librascope Employees Credit Union | Logix Federal Credit Union |
| Sep 1, 1990 | T M Employees Credit Union | Alero Financial Credit Union |
| Sep 1, 1990 | Hartford Community Credit Union | Glacier Hills Credit Union |
| Aug 31, 1990 | Burnett State Bank | Horicon Bank |
| Aug 31, 1990 | First Canyon Bancorporation, Inc. | First Canyon Bancorporation, Inc. |
| Aug 31, 1990 | First Borger Bancshares, Inc. | First Borger Bancshares, Inc. |
| Aug 31, 1990 | Citizens National Corporation | Ambanc Corp. |
| Aug 31, 1990 | Sangamon County Credit Union | Sangamo Chapter Credit Union |
| Aug 31, 1990 | Delta Valley Federal Credit Union | Shreveport Federal Credit Union |
| Aug 31, 1990 | Cissell Credit Union | Advanz Federal Credit Union |
| Aug 30, 1990 | Bancboston Securities, Inc. | Bankboston Corporation |
| Aug 27, 1990 | Nine Lives Federal Credit Union | First Flight Federal Credit Union |
| Aug 24, 1990 | La Jolla Bank & Trust Company | (unnamed) |
| Aug 24, 1990 | Mother Lode Savings Bank | U.S. Bank of California |
| Aug 23, 1990 | First Banker's Mortgage Company | La Jolla Bank & Trust Company |
| Aug 23, 1990 | H.D. McNee Realty Advisors, Inc. | La Jolla Bank & Trust Company |
| Aug 23, 1990 | La Jolla Realty Capital Corporation | La Jolla Bank & Trust Company |
| Aug 23, 1990 | LJ Mortgage Company | La Jolla Bank & Trust Company |
| Aug 23, 1990 | Westbrook-Darfur State Bank | Bank Midwest of Cottonwood County |
| Aug 20, 1990 | Woodhull State Bank | The Farmers National Bank of Geneseo |
| Aug 20, 1990 | Boatmen's National Bank of Neosho | Boatmen's Bank of Southwest Missouri |
| Aug 20, 1990 | State Bank of Campbell | First Community Bank, Missouri |
| Aug 18, 1990 | Valley Bank Port Washington (National Association) | Valley Bank |
| Aug 18, 1990 | Bank One, Neenah, National Association | Bank One, Appleton, National Association |
| Aug 16, 1990 | Illini Bancshares, Inc. | Raymond Bancorp, Inc. |
| Aug 15, 1990 | NBC NO. 700 Employees Federal Credit Union | Matteawan Federal Credit Union |
| Aug 15, 1990 | New York State Federation of Police Federal Credit Union | Educational and Governmental Employees Federal Credit Union |
| Aug 15, 1990 | Murray School District Credit Union | Granite Federal Credit Union |
| Aug 14, 1990 | Morgan Credit Union, Inc. | Buckeye State Credit Union, Inc. |
| Aug 13, 1990 | Texas Commerce Bank - Friendswood | Chase Bank of Texas, 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.
Explore: all mergers · 1990 bank events · browse by acquirer · bank failures · all events