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
0
Credit unions merged
NIC, credit unions as the acquired side
240
Holding companies
Bank holding companies merged
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1996 | Texas Heritage Savings Association/banc | — | First Federal Savings Bank of North Texas |
| Dec 31, 1996 | Mercantile Bank of Monett | — | Mercantile Bank of South Central Missouri |
| Dec 31, 1996 | Mercantile Bank of Lebanon | — | Mercantile Bank of South Central Missouri |
| Dec 31, 1996 | First State Bank, National Association | — | State National Bank of West Texas |
| Dec 31, 1996 | Mercantile Bank of Wright County | — | Mercantile Bank of South Central Missouri |
| Dec 31, 1996 | Pelham Bank and Trust Company | — | First Essex Bank |
| Dec 31, 1996 | The National Bank of West Virginia | — | Wesbanco Bank Fairmont, Inc. |
| Dec 31, 1996 | Pinnacle Bank | — | Fifth Third Bank, Indiana |
| Dec 28, 1996 | Keystone Savings & Loan Association | — | St. Edmond's Federal Savings Bank |
| Dec 21, 1996 | First State Bank | — | First American Bank SSB |
| Dec 16, 1996 | Big Stone Gap Bank and Trust Company | — | Premier Bank-Central, National Association |
| Dec 16, 1996 | First Sun Bank of America | — | Sun Security Bank of America |
| Dec 14, 1996 | The Westport Bank and Trust Company | — | Lafayette American Bank |
| Dec 14, 1996 | First Heritage Bank, National Association | — | First Service Bank |
| Dec 14, 1996 | Secure Savings Bank, F.S.B. | — | Redlands Federal Bank, a Federal Savings Bank |
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 | Acquirer |
|---|---|---|
| Aug 9, 1996 | Fairfax Bank & Trust Company | F & M Bank - Northern Virginia |
| Aug 8, 1996 | Pitts-Met Federal Credit Union | Greater Together Federal Credit Union |
| Aug 5, 1996 | Regional Bank of Colorado, National Association | Wells Fargo Bank West, National Association |
| Aug 3, 1996 | Northwestern Savings Bank, F.S.B. | American Federal Bank |
| Aug 3, 1996 | NBM Bancorp, Inc. | AMCORE Financial, Inc. |
| Aug 3, 1996 | First State Bancorp of Princeton, Illinois, Inc. | AMCORE Financial, Inc. |
| Aug 3, 1996 | AMCORE Bank, Gridley | Amcore Bank, National Association, North Central |
| Aug 3, 1996 | Washington Federal Savings Bank | Allfirst Bank |
| Aug 3, 1996 | AMCORE Bank, Princeton | Amcore Bank, National Association, North Central |
| Aug 3, 1996 | Amcore Bank National Association, Peru | Amcore Bank, National Association, North Central |
| Aug 2, 1996 | Wonderlic Companies, Inc. | Richmond Bancorp, Inc. |
| Aug 2, 1996 | Union National Bancorp | First Merchants Corporation |
| Aug 1, 1996 | Bolder Bancorporation | First National of Colorado, Inc. |
| Aug 1, 1996 | Mid-America National Bancorp, Incorporated | Associated Illinois Banc Corp |
| Aug 1, 1996 | Jackson Bancorporation | Goodenow Bancorporation |
| Aug 1, 1996 | The Service Bank of Tonkawa | (unnamed) |
| Aug 1, 1996 | (unnamed) | Cornerstone Bank |
| Aug 1, 1996 | Crawford Bancorp, Inc. | First Financial Corporation |
| Aug 1, 1996 | The Kiowa State Bank | Mountain Parks Bank-East |
| Aug 1, 1996 | Union Planters Bank of Perryville, National Association | Union Planters Bank of Southeast Missouri |
| Aug 1, 1996 | Beeline Employees Federal Credit Union | Utah First Federal Credit Union |
| Aug 1, 1996 | Howard County Employees Federal Credit Union | Tower Federal Credit Union |
| Aug 1, 1996 | Farmers State Bank of Ypsilanti | Unison Bank |
| Aug 1, 1996 | Mid-America National Bank of Chicago | Associated Bank Chicago |
| Aug 1, 1996 | The Union Bank and Savings Company | The Croghan Colonial Bank |
| Aug 1, 1996 | Ergon Companies Credit Union | Statewide Federal Credit Union |
| Aug 1, 1996 | The Kinsley Bank | Farmers Bank & Trust |
| Jul 31, 1996 | Key Florida Bank, A Federal Savings Bank | Regions Bank, National Association |
| Jul 31, 1996 | Eastside Holding Corporation | Main Street Banks, Inc. |
| Jul 31, 1996 | Pioneer Bancshares, Inc | Limestone Bancorp, Inc |
| Jul 31, 1996 | Central Bankshares, Inc. | Ameris Bancorp |
| Jul 31, 1996 | Brandywine Mortgage Investors Corporation | Republic Bank of New York |
| Jul 31, 1996 | Green River Bancorp, Inc. | Limestone Bancorp, Inc |
| Jul 31, 1996 | Manville Savings Bank | Raritan Savings Bank |
| Jul 26, 1996 | Tri-County Community Bank of Lehigh Acres | Florida Community Bank |
| Jul 23, 1996 | City of Charleston Employees Federal Credit Union | Members Choice WV Federal Credit Union |
| Jul 20, 1996 | F&M Bankshares of Reedsburg, Inc. | Associated Banc-Shares, Inc. |
| Jul 20, 1996 | West One Trust Company, Washington | U.S. Bank of Washington, National Association |
| Jul 20, 1996 | NBD Bank | Bank One, National Association |
| Jul 19, 1996 | State First Financial Corporation | First Commercial Corporation |
| Jul 18, 1996 | Sheldon Security Bancorporation, Inc. | Sheldon Security Financial Corporation |
| Jul 17, 1996 | The First National Bank of Mangum | Great Plains National Bank |
| Jul 17, 1996 | Compass Equitable Texas, Inc. | Royall Financial Corporation |
| Jul 17, 1996 | First State Bank and Trust Company | Great Plains National Bank |
| Jul 15, 1996 | Nevada National Bank | First Bank, Federal Savings Bank |
| Jul 15, 1996 | Valley State Bank | First Bank, Federal Savings Bank |
| Jul 15, 1996 | Security Savings Bank | First Bank, Federal Savings Bank |
| Jul 15, 1996 | First Texas Bank | OrangeBank |
| Jul 14, 1996 | The Chase Manhattan Bank (National Association) | JPMorgan Chase Bank, N.A. |
| Jul 13, 1996 | American Commercial Bank | Firstar Bank of Minnesota, National Association |
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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