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 |
|---|---|---|
| Oct 2, 1991 | Washburn Bancshares, Inc. | Alpha Financial Group, Inc. |
| Oct 1, 1991 | Alprodco Employees Credit Union | Peco Federal Credit Union |
| Oct 1, 1991 | The Northern Trust Company of Texas | Northern Trust Bank of Texas National Association |
| Oct 1, 1991 | Morgan Community Bancorp, Inc. | First of America Bancorporation-Illinois, Inc. |
| Oct 1, 1991 | Whitfield County Postal Employees Credit Union | Georgia United Credit Union |
| Oct 1, 1991 | Fresno Bee Credit Union | McClatchy Employees Credit Union |
| Oct 1, 1991 | Mellon Bank (North) National Association | BNY Mellon, N.A. |
| Oct 1, 1991 | Southern Missouri Bank | (unnamed) |
| Oct 1, 1991 | Mellon Bank (Central) N.A. | BNY Mellon, N.A. |
| Oct 1, 1991 | The Wellston State Bank | Stroud National Bank |
| Oct 1, 1991 | Lutheran General Federal Credit Union | Encurage Financial Network |
| Oct 1, 1991 | Bud-Jax Federal Credit Union | Coastline Federal Credit Union |
| Oct 1, 1991 | Occom Federal Credit Union | Service Federal Credit Union |
| Oct 1, 1991 | Cin-Tronics Employees Federal Credit Union | Emery Federal Credit Union |
| Oct 1, 1991 | Norstar Bank of Central NY | Fleet Bank |
| Oct 1, 1991 | Va Medical Center Federal Credit Union | Oklahoma Federal Credit Union |
| Oct 1, 1991 | Gaico Credit Union | Resource One Credit Union |
| Oct 1, 1991 | The First State Bank of New Rockford | Bank Forward |
| Oct 1, 1991 | Hillsborough CNTY Hosp Auth Empl Fcu | Grow Financial Federal Credit Union |
| Oct 1, 1991 | State Savings Bank | Lincoln Savings Bank |
| Oct 1, 1991 | Emprise Bank, National Association | Emprise Bank National Association |
| Oct 1, 1991 | Bithulithic Employees Credit Union | Relyon Credit Union |
| Oct 1, 1991 | K.C. Federal Credit Union | L&N Federal Credit Union |
| Oct 1, 1991 | The South Side Savings Bank, FSB | Liberty Savings Bank, F.S.B. |
| Oct 1, 1991 | Shelby Federal Savings Bank | First of America Bank-Indiana |
| Oct 1, 1991 | Horizon Savings Bank, S.A. | The Equitable Bank, S.S.B. |
| Oct 1, 1991 | Midlantic National Bank/North | (unnamed) |
| Oct 1, 1991 | Borax Employees Federal Credit Union | Logix Federal Credit Union |
| Oct 1, 1991 | Pdea Federal Credit Union | S.C. State Federal Credit Union |
| Oct 1, 1991 | 66 Credit Union | Blaze Credit Union |
| Oct 1, 1991 | Grandview Savings Association | Parkvale Savings Bank |
| Oct 1, 1991 | Sea Seven Federal Credit Union | Navy Federal Credit Union |
| Oct 1, 1991 | Plains Creamery Employees Credit Union | BNSF Credit Union |
| Oct 1, 1991 | Western Atlantic Credit Union | Advancial Federal Credit Union |
| Oct 1, 1991 | Gladstone Community Federal Credit Union | Great Lakes First Federal Credit Union |
| Oct 1, 1991 | Postal Credit Union of Galveston | Coastal Community Federal Credit Union |
| Oct 1, 1991 | K W Employees Federal Credit Union | Profed Federal Credit Union |
| Oct 1, 1991 | Pope Federal Credit Union | Pentagon Federal Credit Union |
| Oct 1, 1991 | Salt Workers Credit Union | Cyprus Federal Credit Union |
| Oct 1, 1991 | Strafford National Bank | Bank of New Hampshire, National Association |
| Oct 1, 1991 | Buckner Associates Credit Union | Lone Star Credit Union |
| Oct 1, 1991 | The Commonwealth National Bank | BNY Mellon, N.A. |
| Oct 1, 1991 | Park West State Bank | Southwest Bank |
| Oct 1, 1991 | BL&F Federal Credit Union | Pannonia Federal Credit Union |
| Oct 1, 1991 | Morgan County Community Bank | First of America Bank - Springfield, National Association |
| Oct 1, 1991 | The Suncook Bank | Bank of New Hampshire, National Association |
| Oct 1, 1991 | Union Pacific-Western Division Federal Credit Union | Sea West Coast Guard Federal Credit Union |
| Oct 1, 1991 | Hines Federal Credit Union | U.S. Employees Credit Union |
| Oct 1, 1991 | Northern Maine Credit Union | Norstate Federal Credit Union |
| Oct 1, 1991 | Farmers & Merchants Bank of Wimbledon | Bank Forward |
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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