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 |
|---|---|---|
| Jan 31, 1991 | Grambling Federal Credit Union | Shreveport Federal Credit Union |
| Jan 31, 1991 | First Central Bank | Central Bank |
| Jan 31, 1991 | Citadel Bank of Independence | Bank IV Montgomery County, National Association |
| Jan 31, 1991 | Las Vegas Sun Federal Credit Union | WestStar Credit Union |
| Jan 31, 1991 | Bancorp Finance of Hawaii, Incorporated | Bancorp Pacific, Inc. |
| Jan 31, 1991 | Coatesville Va Federal Credit Union | Citadel Federal Credit Union |
| Jan 29, 1991 | Mbna Dover Bank | Mbna America Bank, N.A. |
| Jan 29, 1991 | Owens Investment Company | Country Bank Shares, Inc. |
| Jan 28, 1991 | Topic Federal Credit Union | Nupath Community Credit Union |
| Jan 26, 1991 | First State Bank | Colonial Bank of Greenville |
| Jan 25, 1991 | The First State Bank in Seagraves | First United Bank |
| Jan 25, 1991 | Peoples Bank of Steelville | Peoples Bank |
| Jan 25, 1991 | Lexington Blue Grass Federal Credit Union | Park Federal Credit Union dba Park Community Credit Union |
| Jan 24, 1991 | West Warwick Credit Union | Ocean State Credit Union |
| Jan 23, 1991 | Starcraft Employees Federal Credit Union | Tlcu Financial |
| Jan 22, 1991 | Seagraves Bancshares, Inc. | Plains Bancorp, Inc. |
| Jan 22, 1991 | Madera Valley Bank | Valliwide Bank |
| Jan 21, 1991 | Associated Federal Savings and Loan Association | Amerus Bank |
| Jan 19, 1991 | Valley Bank Milwaukee | Valley Bank |
| Jan 18, 1991 | Trustcorp Bank Columbus, National Association | First of America Bank-Indiana |
| Jan 17, 1991 | Cedars of Lebanon Cu | Old Hickory Credit Union |
| Jan 16, 1991 | First National McCook Company | First Commerce Bancshares, Inc. |
| Jan 16, 1991 | Security Trust and Savings Bank | State Bank & Trust |
| Jan 15, 1991 | Emprise Financial Corp. - Hutchinson | Emprise Financial Corporation |
| Jan 15, 1991 | Sierra Petroleum Co., Inc. | Emprise Financial Corporation |
| Jan 14, 1991 | The First National Bank of Lebanon | The Smith County State Bank and Trust Company |
| Jan 14, 1991 | Lull and Rush Agency, Inc. | SCB Financial Corporation |
| Jan 14, 1991 | Fansteel Employees Credit Union | Great Lakes Credit Union |
| Jan 14, 1991 | Teledyne Cae Federal Credit Union | A P Federal Credit Union |
| Jan 13, 1991 | Washburn Graphics Employees Credit Union | Truliant Federal Credit Union |
| Jan 12, 1991 | Citizens First National Bank of Oglesby | Citizens First National Bank |
| Jan 12, 1991 | Midlantic National Bank/delaware | (unnamed) |
| Jan 12, 1991 | Greenwood Community Federal Credit Union | Tru Federal Credit Union |
| Jan 8, 1991 | Kane County Employees Federal Credit Union | Kane County Teachers Credit Union |
| Jan 7, 1991 | Home Savings Association | West View Savings Bank |
| Jan 7, 1991 | Hew Region II Federal Credit Union | Xcel Federal Credit Union |
| Jan 5, 1991 | F L & T Financial Corporation | INB Financial Corporation |
| Jan 3, 1991 | Osage Bank Services, Inc. | First Citizens Financial Corp. |
| Jan 2, 1991 | M&I Software Development Corp | M&I LLC |
| Jan 2, 1991 | Appco Federal Credit Union | Seven Seventeen Credit Union Inc |
| Jan 2, 1991 | Melvin State Bank | Farmers-Merchants National Bank of Paxton |
| Jan 2, 1991 | 2nd Avenue Bank of South Charleston | Shawnee Bank, Inc. |
| Jan 2, 1991 | Illinois Polish American Congress Federal Credit Union | Access Credit Union |
| Jan 2, 1991 | Kitchens of Sara Lee Employees Federal Credit Union | Great Lakes Credit Union |
| Jan 2, 1991 | First Glenview Bancorp, Inc. | First Waukegan Corporation |
| Jan 1, 1991 | State Bank of Victoria, the Commissioners of the | Commonwealth Bank of Australia |
| Jan 1, 1991 | Martinco Financial Corp. | U.S.B. Corporation |
| Jan 1, 1991 | First National Bancorp of Cullom, Inc. | Piper Bankshares, Inc. |
| Jan 1, 1991 | Farmers Banc, Inc. | Hasten Bancorp |
| Jan 1, 1991 | Akron Building Company | The First National Bank of Akron |
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.
Explore: all mergers · 1991 bank events · browse by acquirer · bank failures · all events