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 |
|---|---|---|
| Apr 1, 1991 | Decatur Bell Credit Union | Citizens Equity First Credit Union |
| Apr 1, 1991 | Placo Federal Credit Union | All One Credit Union |
| Apr 1, 1991 | Jackson County Education Federal Credit Union | Ravenswood Federal Credit Union |
| Apr 1, 1991 | Montana Bank of Mineral County | Montana Bank, National Association |
| Apr 1, 1991 | Montana Bank of Sidney | Montana Bank, National Association |
| Apr 1, 1991 | World Savings & Loan Association of Ohio, Federal Savings and Loan Association | World Savings and Loan Association, A Federal Savings and Loan Associati |
| Apr 1, 1991 | Pepsi Cola Employees Federal Credit Union | Allsouth Federal Credit Union |
| Apr 1, 1991 | Our Lady of Sorrows Parish Federal Credit Union | Rivermark Community Credit Union |
| Apr 1, 1991 | First of America Bank - Lapeer, National Association | First of America Bank-Southeast Michigan, National Association |
| Apr 1, 1991 | The City National Bank of Auburn | Wells Fargo Bank Indiana, National Association |
| Apr 1, 1991 | Lykes Bros Packers Fcu | Trax Federal Credit Union |
| Apr 1, 1991 | Rochelle Community Federal Credit Union | Rock Valley Credit Union |
| Apr 1, 1991 | Community State Bank in Huntington | Wells Fargo Bank Indiana, National Association |
| Apr 1, 1991 | Warnaco Knitwear Division Federal Credit Union | Arc Federal Credit Union |
| Apr 1, 1991 | Alwin Credit Union | Harbor Credit Union |
| Apr 1, 1991 | Sumner Teachers Federal Credit Union | Panhandle Federal Credit Union |
| Apr 1, 1991 | Plymouth Credit Union | Kohler Credit Union |
| Apr 1, 1991 | Security State Bank of Maynard | Citizens Alliance Bank |
| Mar 31, 1991 | Ex-El Employees Federal Credit Union | Madison County Federal Credit Union |
| Mar 31, 1991 | Wavetek Employees Federal Credit Union | Indiana Members Credit Union |
| Mar 31, 1991 | I B M Indiana Employees Federal Credit Union | Members Heritage Credit Union Inc |
| Mar 31, 1991 | Mapunapuna Federal Credit Union | Hawaii Federal Credit Union |
| Mar 31, 1991 | California Chiropractic Credit Union | California Bear Credit Union |
| Mar 30, 1991 | Financial Savings, a Savings Association | Mercantile Bank & Trust, FSB |
| Mar 30, 1991 | United Missouri City Bank | UMB Bank, N.A. |
| Mar 30, 1991 | United Missouri Bank South | UMB Bank, N.A. |
| Mar 30, 1991 | Liberty State Bank | American State Bank |
| Mar 30, 1991 | Dominion Bank of Greater Hampton Roads, National Association | First Union National Bank of Virginia |
| Mar 30, 1991 | United Missouri Bank of Hickman Mills | UMB Bank, N.A. |
| Mar 30, 1991 | United National Bank of Washington | Madison National Bank |
| Mar 28, 1991 | River Oaks Bancshares, Inc. | Compass Bancshares, Inc. |
| Mar 27, 1991 | The First National Bank of Cullom | Vermilion Valley Bank |
| Mar 25, 1991 | Midwest Bank & Trust Company of Chicago | Midwest Bank and Trust Company |
| Mar 23, 1991 | Union Security Bank and Trust Company | Louisiana National Security Bank |
| Mar 22, 1991 | The Commercial Bank of Bluefield | One Valley Bank of Mercer County, Inc. |
| Mar 21, 1991 | Bonneville First Credit Union | Deseret First Federal Credit Union |
| Mar 16, 1991 | Summit Bank | Skylake National Bank |
| Mar 15, 1991 | Citizens Fidelity Bank and Trust Company Mercer County | Citizens Fidelity Bank and Trust Company Lexington |
| Mar 15, 1991 | Homestate Bancorp, Inc. | INB Financial Corporation |
| Mar 15, 1991 | Salem Bancorp, Inc. | INB Financial Corporation |
| Mar 15, 1991 | Bank of Marvell | Partners Bank |
| Mar 12, 1991 | Ipdc, Inc. | Fleet National Bank |
| Mar 9, 1991 | Dominion Bank of Shenandoah Valley, National Association | First Union National Bank of Virginia |
| Mar 8, 1991 | Security Pacific Asian Bank, N.A. | (unnamed) |
| Mar 8, 1991 | Bank of Austin | First State Bank |
| Mar 6, 1991 | DC&L C Teachers Fcu | Family Security Credit Union |
| Mar 4, 1991 | Bank of Philadelphia | (unnamed) |
| Mar 4, 1991 | The Strawn State Bank | First National Bank of Kansas |
| Mar 4, 1991 | Mason State Bank, Mason City, Nebraska | The Farmers Bank |
| Mar 4, 1991 | The Peoples State Bank | FNB 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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