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 |
|---|---|---|
| Aug 13, 1990 | Texas Commerce Bank - Conroe, National Association | Chase Bank of Texas, National Association |
| Aug 13, 1990 | Texas Commerce Bank - Sugarland, National Association | Chase Bank of Texas, National Association |
| Aug 12, 1990 | Tri City Service Corporation | Tri City Bankshares Corporation |
| Aug 11, 1990 | Tri City National Bank of Brookfield | Tri City National Bank |
| Aug 11, 1990 | Tri City National Bank of Menomonee Falls | Tri City National Bank |
| Aug 11, 1990 | Tri City National Bank of Hales Corners | Tri City National Bank |
| Aug 11, 1990 | Tri City National Bank of West Allis | Tri City National Bank |
| Aug 11, 1990 | Tri City National Bank of Brown Deer | Tri City National Bank |
| Aug 11, 1990 | USTrust | USTrust |
| Aug 10, 1990 | Rockfish Credit Union | Members Credit Union |
| Aug 10, 1990 | Victoria Bank & Trust Company - Central | Norwest Bank Texas, South Central |
| Aug 10, 1990 | Victoria Bank & Trust Company - West | Norwest Bank Texas, South Central |
| Aug 7, 1990 | Pattern & Foundry Federal Credit Union | Sunmark Credit Union |
| Aug 6, 1990 | Chemical Bank Texas, National Association | Texas Commerce Bank, National Association |
| Aug 1, 1990 | Auto Accessories Credit Union, Inc. | Lormet Community Federal Credit Union |
| Aug 1, 1990 | Dairy Equipment Credit Union | Members First Credit Union |
| Aug 1, 1990 | First American Kentucky Bancorp, Inc. | Community Trust Bancorp, Inc. |
| Aug 1, 1990 | Hallam Bancorp, Inc. | First State Holding Co. |
| Aug 1, 1990 | Public Health Credit Union | The Focus Federal Credit Union |
| Aug 1, 1990 | Entex Empl Cu | United Energy Credit Union |
| Aug 1, 1990 | Southern Nevada State Savings and Credit Union | WestStar Credit Union |
| Aug 1, 1990 | Trust Company of Troup County | SunTrust Bank, West Georgia, National Association |
| Aug 1, 1990 | Marion County Savings and Loan Association | Great Financial Bank, FSB |
| Aug 1, 1990 | Employees Credit Association Credit Union | Genisys Credit Union dba Genisys Investment Services |
| Aug 1, 1990 | Knox County Schools Employees Credit Union | Heritage Credit Union |
| Aug 1, 1990 | Perth Amboy Postal Employees Credit Union | Raritan Bay Federal Credit Union |
| Aug 1, 1990 | Dayton Newspapers-Whio Federal Credit Union | Triangle Credit Union, Inc. |
| Aug 1, 1990 | Pacific First Bank, a Federal Savings Bank Washington | Pacific First Bank, a Federal Savings Bank |
| Aug 1, 1990 | Jasper County Savings and Loan Association | First Community Bank, National Association |
| Aug 1, 1990 | Hopkins Savings and Loan Association | Federated Bank, S.S.B. |
| Aug 1, 1990 | The Farmers and Citizens State Bank | Bank One, West Virginia, Charleston, National Association |
| Aug 1, 1990 | Valley Bank | Bellingham Bank |
| Aug 1, 1990 | The Guaranty Bond State Bank of Waller | First Bank Katy, National Association |
| Aug 1, 1990 | The Peoples Bank | Peoples Bank |
| Aug 1, 1990 | Trust Company Bank of Douglas County | Suntrust Bank |
| Aug 1, 1990 | Second Pilgrim Federal Credit Union | Viriva Community Credit Union |
| Aug 1, 1990 | Z R D C Credit Union | Access Credit Union |
| Aug 1, 1990 | First of America Bank - West Branch | First of America Bank - Mid Michigan, National Association |
| Aug 1, 1990 | Hallam Bank | Saline State Bank |
| Aug 1, 1990 | M&I Northern National Bank | M&I Merchants Bank |
| Aug 1, 1990 | M&I Bank of Westfield | M&I Peoples Bank |
| Aug 1, 1990 | M&I Bank of Adams-Friendship | M&I Peoples Bank |
| Aug 1, 1990 | O.L. of a Federal Credit Union | Viriva Community Credit Union |
| Jul 31, 1990 | Iola Bancshares, Inc. | Team Financial, Inc. |
| Jul 31, 1990 | Valley Ag Credit Corp | PV Financial |
| Jul 31, 1990 | Greater Pennsylvania Savings Association | American Savings Bank |
| Jul 31, 1990 | Cal Berkeley Federal Credit Union | Cooperative Center Federal Credit Union |
| Jul 31, 1990 | Seasha Fcu | Tuskegee Federal Credit Union |
| Jul 30, 1990 | Farmers Savings Bank | Bank Iowa |
| Jul 28, 1990 | Maximum Savings Bank Federal Savings Bank | Columbia First Bank, a Federal Savings Bank |
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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