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 |
|---|---|---|
| Mar 16, 1996 | Extebank | North Fork Bank |
| Mar 16, 1996 | (unnamed) | Citizens Bank of Central Indiana |
| Mar 16, 1996 | The Bank of Douglas County | FirstBank of Douglas County |
| Mar 16, 1996 | Hawkeye Bank of Tipton | Mercantile Bank of Cedar Rapids, Iowa |
| Mar 16, 1996 | Bankers First Savings Bank, FSB | SouthTrust Bank of Georgia, National Association |
| Mar 15, 1996 | Mutual Savings Bank, FSB | American National Bank and Trust Company |
| Mar 11, 1996 | First City Bank | First American National Bank |
| Mar 11, 1996 | First City Bancorp, Inc. | First American Corporation |
| Mar 11, 1996 | Citizens Bank | First American National Bank |
| Mar 11, 1996 | Bank One, Western Kentucky, National Association | Bank One, Kentucky, National Association |
| Mar 11, 1996 | Bank One, Southern Indiana, National Association | Bank One, Kentucky, National Association |
| Mar 9, 1996 | Lexington State Bank and Trust Co. | United Nebraska Bank |
| Mar 9, 1996 | First Citizens Bancstock, Inc. | Whitney Holding Corporation |
| Mar 9, 1996 | United Nebraska Financial Co. | United Nebraska Financial Co. |
| Mar 9, 1996 | Hawkeye Bank of Ankeny | Mercantile Bank MidWest |
| Mar 9, 1996 | The First National Bank in St. Mary Parish | Whitney National Bank |
| Mar 8, 1996 | Canton State Bank | Wells Fargo Bank Illinois, National Association |
| Mar 8, 1996 | Metro Savings Bank, FSB | Mercantile Bank of Illinois |
| Mar 8, 1996 | Security National Bank | Peoples Bank |
| Mar 8, 1996 | Citizens Bank | First Security Bank |
| Mar 7, 1996 | Quality Credit Union | Central Missouri Community Credit Union |
| Mar 6, 1996 | Parker Bancshares, Inc. | First Financial Bankshares of Delaware, Inc. |
| Mar 5, 1996 | Balaton Agency, Inc. | Crosstown Holding Company |
| Mar 5, 1996 | CGSJ Federal Credit Union | Vapr Federal Credit Union |
| Mar 2, 1996 | R-Tec Federal Credit Union | MY Credit Union |
| Mar 2, 1996 | Tom Green National Bank | Boatmen's First National Bank of Amarillo |
| Mar 1, 1996 | American Fidelity Bank and Trust Company | National City Bank of Kentucky |
| Mar 1, 1996 | Nevada Cooperative Credit Union | Greater Nevada Credit Union |
| Mar 1, 1996 | SBL Capital Bank Shares, Inc. | Associated Banc-Shares, Inc. |
| Mar 1, 1996 | Bank of America Idaho, National Association | Bank of America NW, National Association |
| Mar 1, 1996 | River Bend Bancshares, Inc. | Landmark Bancshares Corporation |
| Mar 1, 1996 | Culbertson Ban Corp. | First Community Bancorp, Inc. |
| Mar 1, 1996 | First National Bancorp | Regions Merger Subsidiary, Inc. |
| Mar 1, 1996 | The Summit Bancorporation | Summit Bancorp. |
| Mar 1, 1996 | University Bank and Trust Company | Comerica Bank-California |
| Mar 1, 1996 | Trinity Memorial Hospital Employees Credit Union | Aurora Credit Union |
| Mar 1, 1996 | Bottlers Credit Union | Excel Federal Credit Union |
| Mar 1, 1996 | Northern Trust Bank/Lake Forest, National Association | The Northern Trust Company |
| Mar 1, 1996 | Northern Trust Bank/O'Hare National Association | The Northern Trust Company |
| Mar 1, 1996 | Reading Hospital & Medical Center Federal Credit Union | Diamond Federal Credit Union |
| Mar 1, 1996 | The First State Bank and Trust Company of Manchester, Kentucky | National City Bank of Kentucky |
| Mar 1, 1996 | Hartford Columbus Federal Credit Union | Dutch Point Credit Union |
| Mar 1, 1996 | Northern Trust Bank/DuPage | The Northern Trust Company |
| Mar 1, 1996 | White Pine Employees Federal Credit Union | Saint Pats Employee Federal Credit Union |
| Mar 1, 1996 | The London Bank & Trust Co. | National City Bank of Kentucky |
| Mar 1, 1996 | Bank of Danville and Trust Company | National City Bank of Kentucky |
| Mar 1, 1996 | Richmond Bank and Trust Company | National City Bank of Kentucky |
| Mar 1, 1996 | CrossLand Federal Savings Bank | Republic Bank of New York |
| Mar 1, 1996 | Marquette Employees Credit Union | Affinity Credit Union |
| Mar 1, 1996 | Farmers & Merchants Bank | The Citizens National 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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