Mergers by Year
Bank Mergers in 1991
The Federal Reserve's National Information Center (NIC) recorded 953 merger records involving a bank, credit union or bank holding company in 1991. 470 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 973 in 1990.
470
Banks acquired
1 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
90
Holding companies
Bank holding companies merged
Largest bank mergers of 1991
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1991 | Citizens Federal Savings and Loan Association | — | RBC Bank (USA) |
| Dec 31, 1991 | Bank South, Houston County National Association | — | Bank South |
| Dec 31, 1991 | Bank South, Jasper County National Association | — | Bank South |
| Dec 31, 1991 | Bank South, Douglas | — | Bank South |
| Dec 31, 1991 | Star Savings and Loan Association | — | First Citizens Community Bank |
| Dec 31, 1991 | Pathway Financial, a Federal Association | — | Granite Bank, Federal Savings Bank |
| Dec 31, 1991 | Bank South, Macon | — | Bank South |
| Dec 31, 1991 | Bank South, Waycross | — | Bank South |
| Dec 31, 1991 | Bank South, Washington County | — | Bank South |
| Dec 31, 1991 | United Penn Bank | — | BNY Mellon, N.A. |
| Dec 31, 1991 | Yardley Bank for Savings, FSB | — | Santander Bank, N.A. |
| Dec 31, 1991 | First State Bank of Mathis | — | The Commercial National Bank of Beeville |
| Dec 31, 1991 | Cardinal Federal Savings Bank | — | Granite Bank, Federal Savings Bank |
| Dec 31, 1991 | Citywide Bank of Lakewood | — | (unnamed) |
| Dec 31, 1991 | First Chicago Bank of Lincoln Park | — | Bank One, National Association |
Every merger recorded in 1991
953 NIC merger records in 1991 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| May 1, 1991 | Security National Bank of Seminole County | The Huntington National Bank of Florida |
| May 1, 1991 | Security National Bank of Osceola | The Huntington National Bank of Florida |
| May 1, 1991 | Comerica Bank National Association | Comerica Bank |
| May 1, 1991 | Realtors Credit Union of Austin | University Federal Credit Union |
| May 1, 1991 | Idaho County Employees Federal Credit Union | Pine Tree Community Credit Union |
| May 1, 1991 | United States Shoe Company Osgood Employees Federal Credit Union | Centra Credit Union |
| May 1, 1991 | First Wisconsin National Bank of Southgate | Firstar Bank Milwaukee, National Association |
| May 1, 1991 | The Fort Thomas-Bellevue Bank | Liberty National Bank of Northern Kentucky |
| May 1, 1991 | Ottawa National Bank | Centrue Bank |
| May 1, 1991 | Andytex Empl Fcu | All in Federal Credit Union |
| May 1, 1991 | The Citizens and Southern Bank of Monroe County | (unnamed) |
| May 1, 1991 | Seneca Works Federal Credit Union | Financial Plus Credit Union |
| May 1, 1991 | Lavalette State Bank | Huntington Bank Huntington National Association |
| May 1, 1991 | Bank of Pennsylvania | Dauphin Deposit Bank and Trust Company |
| May 1, 1991 | Eagle Bend Indust Park Empl Cu | Enrichment Federal Credit Union |
| May 1, 1991 | Acpo Federal Credit Union | Lakeview Federal Credit Union |
| May 1, 1991 | First National Bank of Bellevue | Wells Fargo Bank Nebraska, National Association |
| May 1, 1991 | The Sharon Valley State Bank | The Peoples Bank |
| May 1, 1991 | Seabrook Bank and Trust Company | New Hampshire Savings Bank |
| May 1, 1991 | Florence Deposit Bank | Liberty National Bank of Northern Kentucky |
| May 1, 1991 | San Gabriel City Employees Federal Credit Union | Pasadena Federal Credit Union |
| May 1, 1991 | Stephenson County Schools Credit Union | Blackhawk Area Credit Union |
| May 1, 1991 | Topco Federal Credit Union | River Valley Credit Union, Inc. |
| May 1, 1991 | Varmico Federal Credit Union | Security First Federal Credit Union |
| May 1, 1991 | Jeff Davis Federal Credit Union | Virginia Boxer Federal Credit Union |
| Apr 30, 1991 | H.G.S.-S.K.H. Federal Credit Union | Northern Credit Union |
| Apr 30, 1991 | Oquawka Bancshares, Inc. | Midwest Banc Holdings, Inc. |
| Apr 30, 1991 | Enders Company | Midwest Banco Corporation |
| Apr 30, 1991 | Barry-Wehmiller Credit Union | Midwest Credit Union |
| Apr 30, 1991 | Aftra Federal Credit Union | Actors Federal Credit Union |
| Apr 30, 1991 | Madison Bank of Maryland | Madison National Bank |
| Apr 29, 1991 | Greenwich Trust Company | Fairfield County Trust Company |
| Apr 29, 1991 | The National Bank of Ansted | Montgomery National Bank |
| Apr 27, 1991 | Cosmopolitan State Bank of Stillwater | Central Bank |
| Apr 27, 1991 | The Peoples National Bank of Rowlesburg | Community Bank & Trust, National Association |
| Apr 27, 1991 | Fishermans Credit Union | Midcoast Federal Credit Union |
| Apr 26, 1991 | Peoples Bancshares of Hayward, Inc. | Hayward Bancshares, Inc. |
| Apr 25, 1991 | W.G.H. Employees Federal Credit Union | American Heritage Federal Credit Union |
| Apr 25, 1991 | Litchville State Bank Holding Company | First Bancshares of Valley City, Inc. |
| Apr 25, 1991 | Irc Employees Federal Credit Union | American Heritage Federal Credit Union |
| Apr 24, 1991 | Michigan-Dynamics Employees Federal Credit Union | Credit Union One |
| Apr 23, 1991 | Plumbers & Pipeftrs Local 234 Cu | Loyalty Credit Union |
| Apr 23, 1991 | Central Savings and Loan Association | Flagler National Bank |
| Apr 22, 1991 | Mountain Ridge Bank | Hub National Bank |
| Apr 22, 1991 | Magna Bank of Sesser | Magna Bank of Southern Illinois |
| Apr 20, 1991 | West Fargo State Bank | Alerus Financial, N.A. |
| Apr 20, 1991 | Northwood State Bank | Alerus Financial, N.A. |
| Apr 19, 1991 | United Banks of Colorado, Inc. | Wells Fargo & Company |
| Apr 16, 1991 | SBK Bancshares, Inc. | F & M Merger Corporation |
| Apr 16, 1991 | Lakeland Financial Corporation | F & M Merger 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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