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 |
|---|---|---|
| Apr 29, 1996 | Firstar Bank Oshkosh, National Association | Firstar Bank Wisconsin |
| Apr 29, 1996 | First Bancshares of Eastern Arkansas, Inc. | First Bancshares of Northeast Arkansas, Inc. |
| Apr 29, 1996 | Northbay Savings Bank, FSB | Bank of the West |
| Apr 27, 1996 | Southern Heritage Savings Bank | Wachovia Bank of Georgia, National Association |
| Apr 27, 1996 | Parkway Bank of Schaumburg | Parkway Bank |
| Apr 27, 1996 | Securshares Incorporated | First Bank Katy, National Association |
| Apr 27, 1996 | The Security State Bank | First Bank Katy, National Association |
| Apr 27, 1996 | Southern Heritage Savings Bank | Main Street Bank |
| Apr 26, 1996 | First National Bank of Gilmer County | Regions Bank |
| Apr 26, 1996 | Bank of Ireland First Holdings, Inc. | Citizens Financial Group, Inc. |
| Apr 26, 1996 | Pickens County Bank | Regions Bank |
| Apr 24, 1996 | Regions Merger Subsidiary, Inc. | Regions Financial Corporation |
| Apr 23, 1996 | Southwest Community Credit Union | LegacyTexas Bank |
| Apr 22, 1996 | Firstar Bank Manitowoc | Firstar Bank Wisconsin |
| Apr 20, 1996 | Citizens First Bank of Ocala | Citizens National Bank of Leesburg |
| Apr 20, 1996 | First Harrisburg Bancor, Inc. | Harris Financial, MHC |
| Apr 20, 1996 | Royal Oak Savings Bank, F.S.B. | Taneytown Bank & Trust Company |
| Apr 20, 1996 | Citizens First Bancshares, Inc. | Citi-Bancshares, Inc. |
| Apr 20, 1996 | First Federal Savings & Loan Association of Harrisburg | Waypoint Bank |
| Apr 20, 1996 | Austin Bank | Austin Bank, National Association |
| Apr 20, 1996 | Westwood Student Federal Credit Union | The First Financial Federal Credit Union |
| Apr 20, 1996 | Post Oak Bank | Compass Bank |
| Apr 19, 1996 | The First National Bank of Baudette | Norwest Bank International Falls, National Association |
| Apr 19, 1996 | (unnamed) | Regions Bank |
| Apr 19, 1996 | Metro Bank | Regions Bank |
| Apr 19, 1996 | First American Savings Bank, SSB | Norwest Bank Texas, North Central |
| Apr 18, 1996 | Abi Corporation | WesBanco, Inc. |
| Apr 17, 1996 | Mutual Employees Federal Credit Union | 77th Street Depot Federal Credit Union |
| Apr 16, 1996 | American Bank | The East Texas National Bank of Palestine |
| Apr 16, 1996 | Nationsbank Trust Company, N.A. | Bank of America, N.A. |
| Apr 16, 1996 | Arcadia Financial Corporation | First Michigan Bank Corporation |
| Apr 16, 1996 | Queen City Bank, National Association | First Bank & Trust |
| Apr 16, 1996 | The Northside Bank & Trust Company | SouthTrust Bank of Georgia, National Association |
| Apr 15, 1996 | The Citizens National Bank of Weatherford | First Financial Bank, National Association |
| Apr 15, 1996 | CPM Employees Credit Union | Members First Credit Union |
| Apr 15, 1996 | Firstar Bank Rice Lake, National Association | Firstar Bank Wisconsin |
| Apr 13, 1996 | Bank of Downing | Bank of Kirksville |
| Apr 13, 1996 | Heritage Bank | Centerbank |
| Apr 13, 1996 | First National Bancorp, Inc. | Northwest Bancorp, M.H.C. |
| Apr 13, 1996 | Landmark Bancorp | First Security Bank of California, N.A. |
| Apr 13, 1996 | The First National Bank of Centre Hall | Northwest Bank |
| Apr 13, 1996 | Napa Valley Bank | Westamerica Bank |
| Apr 13, 1996 | First Empire Federal Savings and Loan Association | United Bank |
| Apr 13, 1996 | First State Bank of Chicago | Parkway Bank and Trust Company |
| Apr 13, 1996 | Landmark Bank | First Security Bank of California, N.A. |
| Apr 12, 1996 | (unnamed) | The Merchants National Bank of Terre Haute |
| Apr 12, 1996 | SSR Federal Credit Union | Greater Alliance Federal Credit Union |
| Apr 12, 1996 | The First National Bank of Henrietta | Norwest Bank Texas, Wichita Falls, National Association |
| Apr 11, 1996 | Equitable Bank | Compass Bank-Dallas |
| Apr 11, 1996 | Macomb Federal Savings Bank | D&N Bank |
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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