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.
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 |
|---|---|---|
| Jun 1, 1996 | Barnett Center Annex, Inc. | Barnett Banks, Inc. |
| Jun 1, 1996 | Barnett Merger Corporation | Barnett Banks, Inc. |
| Jun 1, 1996 | Integra Trust Company, National Association | National City Bank of Pennsylvania |
| Jun 1, 1996 | SouthTrust Bank of North Carolina, National Association | SouthTrust Bank of North Carolina |
| Jun 1, 1996 | West Jersey Bancshares, Inc. | Sovereign Bancorp, Inc. |
| Jun 1, 1996 | West Jersey Community Bank | Santander Bank, N.A. |
| Jun 1, 1996 | Valley Financial Services, Inc. | Fort Wayne National Corporation |
| Jun 1, 1996 | Sooner Southwest Bankshares, Inc. | Sooner Southwest Bankshares, Inc. |
| Jun 1, 1996 | Southern Arizona Bancorp, Inc. | Zions Bancorporation |
| Jun 1, 1996 | Farmers and Merchants Investment Co | Spectrum Bancorporation, Inc. |
| Jun 1, 1996 | Signet Bank, National Association | Signet Bank |
| Jun 1, 1996 | Grayling State Bank | Citizens Bank |
| Jun 1, 1996 | First Interstate Bank of Oregon, National Association | Wells Fargo Bank, N.A. |
| Jun 1, 1996 | Quality Bancorp, Inc. | Salin Bank and Trust Company |
| Jun 1, 1996 | National Bank of Royal Oak | Citizens Bank |
| Jun 1, 1996 | Vermont Healthcare Credit Union | Eastrise Federal Credit Union |
| Jun 1, 1996 | Second National Bank of Bay City | Citizens Bank |
| Jun 1, 1996 | Citizens Bank of Virginia | Citizens Bank of Maryland |
| Jun 1, 1996 | Community Savings Federal Credit Union | Meriwest Credit Union |
| Jun 1, 1996 | Security State Bank, Plentywood, Montana | Rocky Mountain Bank |
| Jun 1, 1996 | Society First Federal Savings Bank | First Union National Bank of Florida |
| Jun 1, 1996 | First Interstate Bank of Utah, National Association | Wells Fargo Bank, N.A. |
| Jun 1, 1996 | First Interstate Bank of Idaho, National Association | Wells Fargo Bank, N.A. |
| Jun 1, 1996 | Marion County Farm Bureau Credit Union | Hoosier United Credit Union |
| Jun 1, 1996 | KMD Credit Union | Gale Credit Union |
| Jun 1, 1996 | Brent Banking Company | First US Bank |
| Jun 1, 1996 | The Citizens State Bank of Arlington | Citizens National Bank |
| Jun 1, 1996 | State Bank of Standish | Citizens Bank |
| Jun 1, 1996 | Home Federal Savings and Loan Association of San Francisco | California Federal Bank |
| Jun 1, 1996 | First Interstate Bank of Nevada, National Association | Wells Fargo Bank, N.A. |
| Jun 1, 1996 | Stanton National Bank | Midland American Bank |
| Jun 1, 1996 | J.P. Morgan Delaware | Morgan Guaranty Trust Company of New York |
| Jun 1, 1996 | Ninnescah Co-Op Federal Credit Union | Central Kansas Credit Union |
| Jun 1, 1996 | Treasure Coast Bank, a Federal Savings Bank | Harbor Federal Savings Bank |
| Jun 1, 1996 | First Interstate Bank of Englewood, National Association | Wells Fargo Bank (Colorado), National Association |
| Jun 1, 1996 | Southern Arizona Bank of Yuma | National Bank of Arizona |
| Jun 1, 1996 | The Spring Grove National Bank | Susquehanna Bank |
| Jun 1, 1996 | Henry County School Employees Credit Union | Service Plus Credit Union |
| Jun 1, 1996 | United Associates Credit Union | Weokie Federal Credit Union |
| Jun 1, 1996 | Second National Bank of Saginaw | Citizens Bank |
| Jun 1, 1996 | American Federal Bank, A Federal Savings Bank | Great Western Bank |
| Jun 1, 1996 | First Interstate Bank of New Mexico, National Association | Wells Fargo Bank, N.A. |
| May 31, 1996 | Hillside Safety Deposit Company | CIB Bank |
| May 31, 1996 | Ludwig Lodge Federal Credit Union | Pannonia Federal Credit Union |
| May 31, 1996 | INTRUST Mortgage Corporation | INTRUST Bank, N.A. |
| May 31, 1996 | Baltimore Bancorp | First Fidelity Incorporated |
| May 30, 1996 | Northwestern Savings Bank | Midamerica Bank, FSB |
| May 30, 1996 | Banc One Foreign Investment Holding Corporation | Bank One Corporation |
| May 24, 1996 | Citizens Bank | Regions Bank |
| May 24, 1996 | Charter Bancshares, Inc. | NB Holdings Corporation |
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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