Mergers by Year

Bank Mergers in 1996

The Federal Reserve's National Information Center (NIC) recorded 1,203 merger records involving a bank, credit union or bank holding company in 1996. 652 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 1,247 in 1995.

652

Banks acquired

1 bought by a credit union

Credit unions merged

NIC, credit unions as the acquired side

240

Holding companies

Bank holding companies merged

1,203

All merger records

1996 in US banking ›

Largest bank mergers of 1996

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective	Acquired bank	State	Assets	Acquirer
Dec 31, 1996	Texas Heritage Savings Association/banc	TX	—	First Federal Savings Bank of North Texas
Dec 31, 1996	Mercantile Bank of Monett	MO	—	Mercantile Bank of South Central Missouri
Dec 31, 1996	Mercantile Bank of Lebanon	MO	—	Mercantile Bank of South Central Missouri
Dec 31, 1996	First State Bank, National Association	TX	—	State National Bank of West Texas
Dec 31, 1996	Mercantile Bank of Wright County	MO	—	Mercantile Bank of South Central Missouri
Dec 31, 1996	Pelham Bank and Trust Company	NH	—	First Essex Bank
Dec 31, 1996	The National Bank of West Virginia	WV	—	Wesbanco Bank Fairmont, Inc.
Dec 31, 1996	Pinnacle Bank	IN	—	Fifth Third Bank, Indiana
Dec 28, 1996	Keystone Savings & Loan Association	PA	—	St. Edmond's Federal Savings Bank
Dec 21, 1996	First State Bank	TX	—	First American Bank SSB
Dec 16, 1996	Big Stone Gap Bank and Trust Company	VA	—	Premier Bank-Central, National Association
Dec 16, 1996	First Sun Bank of America	MO	—	Sun Security Bank of America
Dec 14, 1996	The Westport Bank and Trust Company	CT	—	Lafayette American Bank
Dec 14, 1996	First Heritage Bank, National Association	TX	—	First Service Bank
Dec 14, 1996	Secure Savings Bank, F.S.B.	CA	—	Redlands Federal Bank, a Federal Savings Bank

Biggest bank failures by assets ›

Every merger recorded in 1996

1,203 NIC merger records in 1996 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Dec 31, 1996	Integra Life Insurance Company	AZ	National City Corporation
Dec 31, 1996	Madelia Agency, Incorporated	MN	Madelia Bancshares, Inc.
Dec 31, 1996	Winnebago County Bancorporation	IA	Liberty Financial Corporation
Dec 31, 1996	B & K Bancorporation, Inc.	IA	Liberty Financial Corporation
Dec 31, 1996	BW3 Bancorporation	IA	Liberty Financial Corporation
Dec 31, 1996	Finest Financial Corp.	NH	First Essex Bancorp Inc
Dec 31, 1996	Brush Country Holding Company, Inc.	TX	Freedom Bank
Dec 31, 1996	First Liberty Bancorp.	IA	Liberty Financial Corporation
Dec 31, 1996	I.S.B. Bancorporation, Inc.	IA	Liberty Financial Corporation
Dec 31, 1996	M&F Financial Corporation	GA	Ameris Bancorp
Dec 31, 1996	Fergus Falls Bancshares, Inc.	MN	Fergus Falls Bancshares, Inc.
Dec 31, 1996	Waubun Bancshares, Inc.	MN	Midwest Bank Group, Inc.
Dec 31, 1996	Abi Leasing Corporation	MN	Firstar Corporation of Minnesota
Dec 31, 1996	ANB Realty Corporation	MN	Firstar Corporation of Minnesota
Dec 31, 1996	Leavcorp, Inc.	KS	Acquisition Corporation
Dec 31, 1996	L.B.T. Bancorporation	IA	Liberty Financial Corporation
Dec 31, 1996	First State Bank, National Association	TX	State National Bank of West Texas
Dec 31, 1996	University of Massachusetts Students Federal Credit Union	MA	Umassfive College Federal Credit Union
Dec 31, 1996	Mercantile Bank of Monett	MO	Mercantile Bank of South Central Missouri
Dec 31, 1996	Texas Heritage Savings Association/banc	TX	First Federal Savings Bank of North Texas
Dec 31, 1996	Pinnacle Bank	IN	Fifth Third Bank, Indiana
Dec 31, 1996	(unnamed)	—	Mercantile Bank of South Central Missouri
Dec 31, 1996	Pelham Bank and Trust Company	NH	First Essex Bank
Dec 31, 1996	Mercantile Bank of Wright County	MO	Mercantile Bank of South Central Missouri
Dec 31, 1996	The National Bank of West Virginia	WV	Wesbanco Bank Fairmont, Inc.
Dec 31, 1996	A.B.C. Bancorporation, Inc.	IA	Liberty Financial Corporation
Dec 31, 1996	Rawlins National Bancorporation, Inc.	CO	Carbon County Holding Company
Dec 31, 1996	Augusta Capital Corporation	WI	Unity Bank
Dec 31, 1996	Missoula Bancshares, Inc.	MT	Glacier Bancorp, Inc.
Dec 31, 1996	Abi Mortgage Corporation	MN	Firstar Corporation of Minnesota
Dec 31, 1996	Mercantile Bank of Lebanon	MO	Mercantile Bank of South Central Missouri
Dec 31, 1996	White Pine Bancorp, Inc.	MN	Norbanc Group Inc.
Dec 31, 1996	Bank of San Francisco Building Company	CA	Bank of San Francisco
Dec 30, 1996	Comerica Leasing Corporation	MI	Comerica Bank
Dec 30, 1996	Northeast Securities Brokerage Corporation	MN	Northeast Bank
Dec 28, 1996	First City Bancshares, Incorporated of S	MO	Mark Twain Bancshares, Inc.
Dec 28, 1996	First National Independent Bancorp, Inc.	IL	F.N.B.C. of La Grange, Inc.
Dec 28, 1996	Keystone Savings & Loan Association	PA	St. Edmond's Federal Savings Bank
Dec 27, 1996	First Delta Financial Corporation	AR	First Service Bancshares, Inc.
Dec 27, 1996	LJT, Inc.	NE	First Holdrege Bancshares, Inc.
Dec 27, 1996	Honeywell Employees Credit Union	IL	Meadows Credit Union
Dec 27, 1996	Wbac, Inc.	WI	State Financial Services Corporation
Dec 27, 1996	Hartford National Corporation	CT	Fleetboston Financial Corporation
Dec 24, 1996	Shawmut Corporation	MA	Fleetboston Financial Corporation
Dec 23, 1996	Crown Bancshares, Inc.	NE	Team Financial Acquisition Subsidiary, Inc.
Dec 23, 1996	Union Planters Bancshares, Inc.	AR	Union Planters Holding Corporation
Dec 21, 1996	First State Bank	TX	First American Bank SSB
Dec 20, 1996	A a T Federal Credit Union	IL	Meadows Credit Union
Dec 20, 1996	(unnamed)	—	Firstar Bank, National Association
Dec 19, 1996	Illini Bancorp, Inc.	IL	Founders Group, Inc.

Bank mergers by year

← 1995 · 1997 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

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 · 1996 bank events · browse by acquirer · bank failures · all events