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 |
|---|---|---|
| Aug 14, 1991 | Theatre Crafts Federal Credit Union | Texas Federal Credit Union |
| Aug 9, 1991 | The Green Mountain Bank | Green Mountain Bank |
| Aug 9, 1991 | First Twin-State Bank | Green Mountain Bank |
| Aug 7, 1991 | Three Cities Bancorp, Inc. | FB Corporation |
| Aug 7, 1991 | Third Illinois Bancorp, Inc. | First Bank |
| Aug 7, 1991 | Second Illinois Bancorp, Inc. | FB Corporation |
| Aug 7, 1991 | C-Bancorp, Inc. | FB Corporation |
| Aug 2, 1991 | First American Bank | First American Bank |
| Aug 2, 1991 | First American Bank | First American Bank |
| Aug 2, 1991 | First American Bank | First American Bank |
| Aug 2, 1991 | First American Bank | First American Bank |
| Aug 1, 1991 | First Wisconsin National Bank of Brookfield | Firstar Bank Milwaukee, National Association |
| Aug 1, 1991 | Mesa National Bank - Patterson | Mesa National Bank |
| Aug 1, 1991 | Mesa National Bank - Rifle | Mesa National Bank |
| Aug 1, 1991 | Mesa National Bank - Clifton | Mesa National Bank |
| Aug 1, 1991 | Mesa National Bank - Glenwood Springs | Mesa National Bank |
| Aug 1, 1991 | Mesa National Bank - Montrose | Mesa National Bank |
| Aug 1, 1991 | American National Bank of Lisle | American National Bank and Trust Company of Chicago |
| Aug 1, 1991 | First Schiller Bancorp, Inc. | American National Corporation |
| Aug 1, 1991 | State Exchange Finance Company | NCB Corp. |
| Aug 1, 1991 | Joanna Western Mills Employees Credit Union | Archer Heights Credit Union |
| Aug 1, 1991 | Centreville Catholic Federal Credit Union | Catholic and Community Credit Union |
| Aug 1, 1991 | Japanese School Credit Union | Jacom Credit Union |
| Aug 1, 1991 | Promenade National Bank | Compass Bank-Dallas |
| Aug 1, 1991 | Vancouver Federal Savings Bank | Washington Mutual, a Federal Savings Bank |
| Aug 1, 1991 | Citizens National Bank, Flushing - St. Clairsville | Columbus National Bank |
| Aug 1, 1991 | Strohs Employees Credit Union | Ideal Credit Union |
| Aug 1, 1991 | San Diego Building Trade Federal Credit Union | Banc of California, National Association |
| Aug 1, 1991 | Valley Postal Credit Union | Security First Federal Credit Union |
| Aug 1, 1991 | Rice Lake Credit Union | Royal Credit Union |
| Aug 1, 1991 | Aae Federal Credit Union | Ufcw Community Federal Credit Union |
| Aug 1, 1991 | Youngstown Transit Employees Federal Credit Union | Seven Seventeen Credit Union Inc |
| Aug 1, 1991 | Community Service Credit Union Incorporated | Navy Federal Credit Union |
| Aug 1, 1991 | Brenton Bank and Trust Company | Brenton Bank |
| Aug 1, 1991 | U.S.E.S. Credit Union of New Orleans | Les Federal Credit Union |
| Aug 1, 1991 | M&I Bank of Hilldale | M&I Bank of Southern Wisconsin |
| Aug 1, 1991 | Peoples First National Bank of North Miami Beach | Union Planters Bank of Florida |
| Aug 1, 1991 | First Federal Savings and Loan Association | Western Security Bank |
| Aug 1, 1991 | Nage/dcasd Federal Credit Union | East Hartford Federal Credit Union |
| Aug 1, 1991 | McArthur Dairy Empl Fcu | Tropical Financial Credit Union |
| Jul 31, 1991 | First United Bancorp, Inc. | First Merchants Corporation |
| Jul 31, 1991 | Portland Naacp Federal Credit Union | Point West Credit Union |
| Jul 31, 1991 | Cambar Federal Credit Union | South Carolina Federal Credit Union |
| Jul 31, 1991 | Sylvania Titusville Federal Credit Union | Community Connect Federal Credit Union |
| Jul 31, 1991 | Preston Bancshares, Inc. | Chadwick Bancshares, Inc. |
| Jul 31, 1991 | Nora Springs Investment Company | Cedar Valley Bankshares, Ltd. |
| Jul 31, 1991 | Riceville Investment Company | Cedar Valley Bankshares, Ltd. |
| Jul 29, 1991 | The Valley Bank of El Paso | State National Bank |
| Jul 29, 1991 | Holy Name Hospital Federal Credit Union | Greater Alliance Federal Credit Union |
| Jul 29, 1991 | Saint Louis Computer Center, Inc. D/b/a/ First Data | C-Bancorp, Inc. |
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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