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 1, 1996 | Pharr Financial Corporation | First Valley Delaware Financial Corporation |
| Apr 1, 1996 | First Interstate Bancorp | Wells Fargo & Company |
| Apr 1, 1996 | Macon Oil Processors Credit Union | Midsouth Community Federal Credit Union |
| Apr 1, 1996 | Teamsters Local 215 Federal Credit Union | Sterling United Federal Credit Union |
| Apr 1, 1996 | Fleet National Bank | Fleet National Bank |
| Apr 1, 1996 | Farmers & Merchants Bank of Rochester, Indiana | Indiana Lawrence Bank |
| Apr 1, 1996 | Lawyers Credit Union | Firefly Federal Credit Union |
| Apr 1, 1996 | Fleet National Bank of Massachusetts | Fleet National Bank |
| Apr 1, 1996 | The Bank of Rancho Bernardo | First Pacific National Bank |
| Apr 1, 1996 | Milvaco Credit Union | First Credit Union |
| Mar 31, 1996 | Chase Manhattan Corporation | JPMorgan Chase & Co. |
| Mar 31, 1996 | Pickens County Federal Credit Union | Alabama One Credit Union |
| Mar 30, 1996 | Southeast Bancshares, Inc. | Inwood Delaware, Inc. |
| Mar 30, 1996 | FB&T Financial Corporation | F & M National Corporation |
| Mar 30, 1996 | Premier Bancshares, Inc. | Green Bankshares, Inc. |
| Mar 30, 1996 | First Federal Savings Bank of Kane | Northwest Bank |
| Mar 30, 1996 | Citizens Commercial Trust and Savings Bank of Pasadena | Citizens Business Bank, N.A. |
| Mar 30, 1996 | Bank of Florida in Miami | BankUnited, FSB |
| Mar 30, 1996 | Triad Bank | United Carolina Bank |
| Mar 30, 1996 | Independence Bank of Chicago | Shorebank |
| Mar 30, 1996 | Columbus National Bank | Wheeling National Bank |
| Mar 29, 1996 | American Fidelity Bank, FSB | National City Bank of Kentucky |
| Mar 29, 1996 | Citizens Equity Corporation | First Financial Bankshares, Inc. |
| Mar 29, 1996 | Weatherford National Bancshares, Inc. | First Financial Bankshares, Inc. |
| Mar 29, 1996 | Winn Bancshares, Inc. | First Community Bank |
| Mar 29, 1996 | Citizens State Bank | Benchmark Bank |
| Mar 29, 1996 | First of Englewood, F.S.B. | SouthTrust Bank of Florida, National Association |
| Mar 29, 1996 | The Riggs National Bank of Maryland | Riggs Bank National Association |
| Mar 29, 1996 | The Riggs National Bank of Virginia | Riggs Bank National Association |
| Mar 28, 1996 | Hotel Employees Federal Credit Union | Vapr Federal Credit Union |
| Mar 28, 1996 | QCB Bancorp | CCB Bancorp, Inc. |
| Mar 27, 1996 | Employees Quality Linen Credit Union | Utah First Federal Credit Union |
| Mar 26, 1996 | Americorp, Inc. | Bank Corporation of Georgia |
| Mar 25, 1996 | Firstar Bank Eau Claire, National Association | Firstar Bank Wisconsin |
| Mar 23, 1996 | Commerce Bank of San Luis Obispo, National Association | Valliwide Bank |
| Mar 23, 1996 | Cobank Financial Corporation | Vallicorp Holdings, Inc. |
| Mar 23, 1996 | Northern Trust Bank of Vero Beach | Northern Trust, National Association |
| Mar 23, 1996 | United Commerce Bank of Highland Village, National Association | First State Bank of Texas |
| Mar 22, 1996 | City Bank & Trust | BancFirst |
| Mar 22, 1996 | The Citizens Bank of Macclenny | SouthTrust Bank of Florida, National Association |
| Mar 22, 1996 | Chemical Bank Huron | Chemical Bank Bay Area |
| Mar 22, 1996 | State Bank and Trust Company | Frost Bank |
| Mar 21, 1996 | Twenty First Century Federal Credit Union | Greater Alliance Federal Credit Union |
| Mar 21, 1996 | Mille Lacs Bancshares, Inc. | Mille Lacs Bancorporation, Inc. |
| Mar 21, 1996 | Grand Union MT. Kisco Employees Federal Credit Union | Visions Federal Credit Union |
| Mar 18, 1996 | Farmers State Bank of Cut Bank | Stockman Bank, National Association |
| Mar 18, 1996 | Firstar Bank Grantsburg, National Association | Firstar Bank Wisconsin |
| Mar 16, 1996 | Hawkeye Bank of Vinton | Mercantile Bank of Cedar Rapids, Iowa |
| Mar 16, 1996 | Kentucky Enterprise Bancorp, Inc. | Fifth Third Bancorp |
| Mar 16, 1996 | Mount Sterling National Holding Corporation | Whitaker Bank Corporation of Kentucky |
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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