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 |
|---|---|---|
| Mar 4, 1991 | Coffey County Bank Shares, Inc. | Meader Insurance Agency, Inc. |
| Mar 2, 1991 | Napsub Corporation | Northern Trust Corporation |
| Mar 1, 1991 | The First Trust & Savings Bank | Heritage Bank, National Association |
| Mar 1, 1991 | Bay West Employees Credit Union | Pioneer Credit Union |
| Mar 1, 1991 | Tulsa Transit Credit Union | Westreet Federal Credit Union |
| Mar 1, 1991 | Tesco Employees Credit Union | Space City Credit Union |
| Mar 1, 1991 | Proviso Township Schools Credit Union | Access Credit Union |
| Mar 1, 1991 | Reno Federal Credit Union | Greater Nevada Credit Union |
| Mar 1, 1991 | The Citizens and Southern Bank of Duval County | (unnamed) |
| Mar 1, 1991 | First National Bank of Overland Park | The Commercial National Bank |
| Mar 1, 1991 | Star Financial Bank, Hamilton, Indiana | Star Financial Bank, Columbia City, Indiana |
| Mar 1, 1991 | Friendship Missionary Baptist Federal Credit Union | First Legacy Community Credit Union |
| Mar 1, 1991 | T L C Federal Credit Union | Viriva Community Credit Union |
| Mar 1, 1991 | Allstate Employees Credit Union | First Missouri Credit Union |
| Mar 1, 1991 | Polo Community Credit Union | Blackhawk Area Credit Union |
| Mar 1, 1991 | First Wisconsin Bank of Cedarburg | Firstar Bank Milwaukee, National Association |
| Mar 1, 1991 | Citizens Community Bank | SKY Bank |
| Mar 1, 1991 | Van Dyke Bank Holding Corp. | Geiger Corporation |
| Mar 1, 1991 | BANKSTAR, National Association | Suburban Bank of Virginia, N.A. |
| Mar 1, 1991 | Park Manor U.C.C. Credit Union | Trinity U C C Federal Credit Union |
| Mar 1, 1991 | The First Trust and Savings Bank | Heritage Bank, National Association |
| Mar 1, 1991 | Saint Boniface Parish Oak Harbor Federal Credit Union | Fremont Federal Credit Union |
| Feb 28, 1991 | Hickory Bancorp., Inc. | Standard Bancshares, Inc. |
| Feb 28, 1991 | Community State Bancshares, Inc. | Woodtrust Financial Corporation |
| Feb 24, 1991 | S P M Federal Credit Union | Eastern Pittsburgh Bell Federal Credit Union |
| Feb 21, 1991 | Rensco Federal Credit Union | Broadview Federal Credit Union |
| Feb 17, 1991 | Buckeye Federal Savings and Loan Association | National City Bank of Columbus |
| Feb 16, 1991 | Sea Island Bankshares, Inc. | Synovus Financial Corp. |
| Feb 15, 1991 | Norwest National Bank of Yankton | Wells Fargo Bank South Dakota, N.A. |
| Feb 15, 1991 | First United State Credit Union | Desert Financial Credit Union |
| Feb 15, 1991 | Merchants Bank | SunTrust Bank, Chattanooga, National Association |
| Feb 14, 1991 | Toledo Service Employees Federal Credit Union | A P Federal Credit Union |
| Feb 13, 1991 | The Farmers National Bank of Victoria | Sunflower Bank, N.A. |
| Feb 9, 1991 | United Jersey Bank/First Colonia | United Jersey Bank/Central, National Association |
| Feb 9, 1991 | United Jersey Bank/Mid State | United Jersey Bank/Central, National Association |
| Feb 8, 1991 | Heritage National Bank | Equibank |
| Feb 8, 1991 | Williamson Federal Credit Union | Trupartner Credit Union, Inc. |
| Feb 1, 1991 | First of America Bank - Manistee | First of America Bank - Northern Michigan |
| Feb 1, 1991 | Saint Patrick Credit Union | Alliance Catholic Credit Union |
| Feb 1, 1991 | Teamsters Local 623 Federal Credit Union | Upper Darby Belltelco Federal Credit Union |
| Feb 1, 1991 | Piping Contractors Credit Union | Ridgeline Federal Credit Union |
| Feb 1, 1991 | Ingalls Empl Cu | Landmark Credit Union |
| Feb 1, 1991 | Ridgway Empl Cu | Primeway Federal Credit Union |
| Feb 1, 1991 | (unnamed) | Star Financial Bank |
| Feb 1, 1991 | Dominican Hospital Employees Federal Credit Union | Bay Federal Credit Union |
| Feb 1, 1991 | Community Trust Bank | Crestar Bank |
| Feb 1, 1991 | STAR, Financial Bank, Elwood | Star Financial Bank |
| Feb 1, 1991 | Loretto Hospital Employees Credit Union | Healthcare Associates Credit Union |
| Feb 1, 1991 | Rockingham County Trust Co. | New Hampshire Savings Bank |
| Feb 1, 1991 | Pro of Utah Credit Union | Jordan 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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