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 1, 1991 | First Mapleton Building Company | First State Bank of Mapleton |
| Jan 1, 1991 | First Peoples Bancorp, Inc. | NBN Corporation |
| Jan 1, 1991 | The Attalla Trust Company | The Gadsden Corporation |
| Jan 1, 1991 | Sovran Leasing Company/central South | NationsBank of Tennessee, National Association |
| Jan 1, 1991 | Sovran Realty Services Corp | NationsBank of Tennessee, National Association |
| Jan 1, 1991 | Tennessee Valley Life Ins Co | NationsBank of Tennessee, National Association |
| Jan 1, 1991 | Commerce Union Credit Corporation | NationsBank of Tennessee, National Association |
| Jan 1, 1991 | D. P. C. C., Inc. | NationsBank of Tennessee, National Association |
| Jan 1, 1991 | Citizens and Southern Corporation | C&s/sovran Corporation |
| Jan 1, 1991 | The Citizens and Southern Corporation | C&s/sovran Corporation |
| Jan 1, 1991 | Sovran Financial Corporation | C&s/sovran Corporation |
| Jan 1, 1991 | American Bank Shares, Inc. | Fourth Financial Corporation |
| Jan 1, 1991 | Grant Bancshares, Inc. | United Nebraska Financial Co. |
| Jan 1, 1991 | Western Kansas Investment Corporation, Inc. | Decatur Investment, Inc. |
| Jan 1, 1991 | First Interstate Equities Corporation | First Interstate Bancorp |
| Jan 1, 1991 | Citizens and Southern Florida Corp | C&s/sovran Corporation |
| Jan 1, 1991 | (unnamed) | Wells Fargo Bank, N.A. |
| Jan 1, 1991 | Children's Hospital Credit Union | Salal Credit Union |
| Jan 1, 1991 | Broadway Air Force National Bank | Eisenhower National Bank |
| Jan 1, 1991 | Ameribank, Welch, West Virginia, Inc. | Ameribank |
| Jan 1, 1991 | Swirl Employees Federal Credit Union | Greenville Federal Credit Union |
| Jan 1, 1991 | Saint John Fisher Credit Union | South Division Credit Union |
| Jan 1, 1991 | Episcopal Cu | A New Direction Credit Union |
| Jan 1, 1991 | Quinebaug Valley Federal Credit Union | Charter Oak Federal Credit Union |
| Jan 1, 1991 | Wayne County Teachers Fcu | Interstate Credit Union |
| Jan 1, 1991 | Mellon Bank (East) PSFS, National Association | BNY Mellon, N.A. |
| Jan 1, 1991 | The Martin County Bank | United Southwest Bank |
| Jan 1, 1991 | First Commerce Bank, National Association | (unnamed) |
| Jan 1, 1991 | Immaculata Fcu | Viriva Community Credit Union |
| Jan 1, 1991 | (unnamed) | The Exchange Bank of Alabama |
| Jan 1, 1991 | Midway Bank & Trust | Magna Bank, National Association |
| Jan 1, 1991 | The Bank of War | Ameribank |
| Jan 1, 1991 | Exchange Bank | First National Bank of Huntington |
| Jan 1, 1991 | (unnamed) | Banco Popular de Puerto Rico |
| Jan 1, 1991 | Saint Albans Area Community Credit Union | Vermont Federal Credit Union |
| Jan 1, 1991 | Rex Hospital Credit Association Credit Union | Summit Credit Union |
| Jan 1, 1991 | Topeka Bank and Trust Company | The Columbian Bank and Trust Company |
| Jan 1, 1991 | C.H.O.P. Emp Fcu | American Heritage Federal Credit Union |
| Jan 1, 1991 | Heritage West Federal Credit Union | First Credit Union |
| Jan 1, 1991 | Security State Bank of Houston | Fortress Bank Minnesota |
| Jan 1, 1991 | (unnamed) | SouthTrust Bank of Central Florida |
| Jan 1, 1991 | (unnamed) | Bank Midwest |
| Jan 1, 1991 | Harbor Credit Union | Great Northwest Federal Credit Union |
| Jan 1, 1991 | Bank of Tacoma | West One Bank, Washington |
| Jan 1, 1991 | Dinner Bell Employees Federal Credit Union | Countywide Federal Credit Union |
| Jan 1, 1991 | The Philson National Bank of Berlin | First Philson Bank, National Association |
| Jan 1, 1991 | Hammond State Bank | The First National Bank of Hudson |
| Jan 1, 1991 | Riverside Savings, a Federal Savings and Loan Association | LaSalle Cragin Bank, FSB |
| Jan 1, 1991 | Associated Sheboygan Bank | Associated Bank Lakeshore, National Association |
| Jan 1, 1991 | Lebanon Bank | First Horizon 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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