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 |
|---|---|---|
| Jul 28, 1990 | Commercial State Bank | First National Bank and Trust |
| Jul 27, 1990 | The First National Bank of Moravia | OnBank & Trust Co. |
| Jul 27, 1990 | Mount Carmel Mercy Credit Union | Credit Union One |
| Jul 27, 1990 | Anthracite Food Employees Federal Credit Union | Net Federal Credit Union |
| Jul 26, 1990 | Hazard Wire Rope Division Federal Credit Union | Choice One Community Federal Credit Union |
| Jul 26, 1990 | Bucknell University Employees Federal Credit Union | Service 1st Federal Credit Union |
| Jul 21, 1990 | M&I Central National Bank | M&I First American Bank |
| Jul 21, 1990 | F & M Bank | Associated Bank Menomonee Falls |
| Jul 21, 1990 | Heights of Texas, FSB | First Heights Bank, FSB |
| Jul 18, 1990 | Smurfit Employees Lockland Credit Union Inc. | Trupartner Credit Union, Inc. |
| Jul 16, 1990 | The Fifth Third Bank of Campbell County, National Association | The Fifth Third Bank of Northern Kentucky, Inc. |
| Jul 16, 1990 | American State Bank of Snyder | American State Bank |
| Jul 16, 1990 | The Fifth Third Bank of Boone County, Inc. | The Fifth Third Bank of Northern Kentucky, Inc. |
| Jul 16, 1990 | Heritage Bank of Kenosha | Johnson Bank |
| Jul 16, 1990 | The State Bank of Fraser | Security Bank of Commerce |
| Jul 14, 1990 | (unnamed) | Valley Bank, Menomonie |
| Jul 13, 1990 | Detroit Peerless Employees Credit Union | Zeal Credit Union |
| Jul 12, 1990 | First Bank | First Bank Katy, National Association |
| Jul 12, 1990 | Health & Human Service Federal Credit Union | Philadelphia Federal Credit Union |
| Jul 10, 1990 | Pueblo 1st Industrial Bank | First Community Industrial Bank |
| Jul 10, 1990 | National Bank of Catalina | Southern California Bank |
| Jul 10, 1990 | First Community Industrial Bank | First Community Industrial Bank |
| Jul 10, 1990 | Jefferson Credit Union | Topline Financial Credit Union |
| Jul 10, 1990 | Rocky Mountain Widefield 1st Industrial Bank | First Community Industrial Bank |
| Jul 10, 1990 | Loveland 1st Industrial Bank | First Community Industrial Bank of Fort Collins |
| Jul 10, 1990 | S.B.T. Employees Credit Union | Santa Barbara County Federal Credit Union |
| Jul 10, 1990 | Longmont 1st Industrial Bank | First Community Industrial Bank of Longmont |
| Jul 9, 1990 | M&I Interim State Bank | M&I Central State Bank |
| Jul 9, 1990 | Eastern Illinois Trust and Savings Bank | Municipal Trust and Savings Bank |
| Jul 9, 1990 | Peoples Bank of Albers | First County Bank |
| Jul 7, 1990 | American Federal Savings and Loan Association | Mutual Community Savings Bank, SSB |
| Jul 6, 1990 | Atico SVG BK | Intercontinental Bank, National Association |
| Jul 5, 1990 | McLean County Educators Credit Union | The Credit Union for All |
| Jul 2, 1990 | Screenland Credit Union | First Entertainment Credit Union |
| Jul 2, 1990 | (unnamed) | Southeastern Bank |
| Jul 2, 1990 | Safe Deposit Company of Michigan | Bank One, Michigan |
| Jul 2, 1990 | Mansfield Credit Union | Arise Federal Credit Union |
| Jul 2, 1990 | Gallitzin Savings & Loan Association | Penncrest Bank |
| Jul 1, 1990 | Skiatook Federal Credit Union | Westreet Federal Credit Union |
| Jul 1, 1990 | Capitol Credit Union | Oklahoma's Federal Credit Union |
| Jul 1, 1990 | Lawn Boy Credit Union | Kohler Credit Union |
| Jul 1, 1990 | John Widdicomb Company Employees Credit Union | A a C Credit Union |
| Jul 1, 1990 | Society Bank, Winamac | Society National Bank, Indiana |
| Jul 1, 1990 | The Formoso Bank | Farmers State Bank |
| Jul 1, 1990 | Morgan County State Bank, Inc. | One Valley Bank-East, N.A. |
| Jul 1, 1990 | Folger Empl Fcu | New Orleans Firemens Federal Credit Union |
| Jul 1, 1990 | Pueblo Santa Fe Employees Federal Credit Union | Santa Fe Federal Credit Union |
| Jul 1, 1990 | Viroqua Federal Savings and Loan Association | AnchorBank, FSB |
| Jul 1, 1990 | Citizens Bank of Goodman | Bank North |
| Jul 1, 1990 | S S H Employees Federal Credit Union | Greater Pittsburgh Federal Credit Union |
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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