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 1, 1996 | The First National Bank and Trust Company | National City Bank of Kentucky |
| Mar 1, 1996 | First National Bank & Trust Co. of Woodford County | National City Bank of Kentucky |
| Mar 1, 1996 | Mississippi Methodist Services Credit Union | Mississippi Federal Credit Union |
| Mar 1, 1996 | First National Bank in Midlothian | West Side Bank and Trust |
| Mar 1, 1996 | The Huntington National Bank of Lakeland | The Huntington National Bank of Florida |
| Mar 1, 1996 | ISBT, National Association | Magna Bank, National Association |
| Feb 29, 1996 | RY - Krisp Credit Union | Topline Financial Credit Union |
| Feb 29, 1996 | First Union Corporation of Tennessee | First Union Corporation of Virginia |
| Feb 29, 1996 | First Union Transportation Services, Inc. | Wachovia Corporation |
| Feb 29, 1996 | Washington Bankshares, Inc. | Wachovia Corporation |
| Feb 29, 1996 | Purina Employees Credit Union | Topline Financial Credit Union |
| Feb 29, 1996 | Vectra Bank of Boulder | Vectra Bank |
| Feb 28, 1996 | Liberty Lines Federal Credit Union | People's Alliance Federal Credit Union |
| Feb 28, 1996 | First Commercial Holding Corporation | RBC Bancorporation (USA) |
| Feb 28, 1996 | First Commercial Bank | RBC Bank (USA) |
| Feb 26, 1996 | (unnamed) | Firstar Bank Wausau, National Association |
| Feb 24, 1996 | Santa Fe National Bank | Pacific Business Bank |
| Feb 24, 1996 | United Counties Bancorporation | Meridian Bancorp, Inc. |
| Feb 24, 1996 | The Flemington National Bank and Trust Company | Summit Bank |
| Feb 24, 1996 | Farmers State Bank | First Tri-County Bank |
| Feb 24, 1996 | United Counties Trust Company | Meridian Bank, New Jersey |
| Feb 22, 1996 | Westamerica Property Company | Westamerica Bank |
| Feb 20, 1996 | Firstier Bank, National Association | First Bank National Association |
| Feb 20, 1996 | First National Bank of Niles | Grand National Bank |
| Feb 20, 1996 | Firstier Bank, National Association | First Bank National Association |
| Feb 20, 1996 | Grand National Bank | Grand National Bank |
| Feb 20, 1996 | Stamford Bank | Community Bank |
| Feb 20, 1996 | Grand National Bank | Grand National Bank |
| Feb 20, 1996 | First Bank National Association | First Bank National Association |
| Feb 20, 1996 | Firstier Bank, National Association | First Bank National Association |
| Feb 19, 1996 | (unnamed) | Firstar Bank Wisconsin |
| Feb 19, 1996 | Hobbs Employee Federal Credit Union | Estacado Federal Credit Union |
| Feb 19, 1996 | David C Cook Employees Credit Union | Aventa Credit Union |
| Feb 17, 1996 | Centennial Bank | Alameda First National Bank |
| Feb 16, 1996 | Else Investment Company | American National Corporation |
| Feb 16, 1996 | Firstier Financial, Inc. | U.S. Bancorp |
| Feb 15, 1996 | Personnel of St. Elizabeth's Hospital Federal Credit Union | G.P.O. Federal Credit Union |
| Feb 15, 1996 | De Graff Employees Federal Credit Union | Boulevard Federal Credit Union |
| Feb 15, 1996 | Jefferson Bank | Peoples National Bank of Commerce |
| Feb 15, 1996 | Afbc Employees Federal Credit Union | Flowers Employees Credit League Credit Union |
| Feb 14, 1996 | Peoples Savings Bank, Inc., SSB | First-Citizens Bank & Trust Company |
| Feb 14, 1996 | PFS Financial Services, Inc. | First-Citizens Bank & Trust Company |
| Feb 14, 1996 | Allied Bank Capital, Inc. | First Citizens Bancshares, Inc. |
| Feb 14, 1996 | Summit Savings Bank, SSB | First-Citizens Bank & Trust Company |
| Feb 14, 1996 | Ameribank Federal Savings Bank | Ameribank |
| Feb 12, 1996 | West Tennessee Bancorp, Inc. | FB Financial Corporation |
| Feb 12, 1996 | The Bank of West Tennessee | FirstBank |
| Feb 12, 1996 | Weakley County Bancshares, Inc. | Community First Bancshares, Inc. |
| Feb 10, 1996 | Security Bank of Conway, FSB | Mercantile Bank of Arkansas National Association |
| Feb 9, 1996 | Sealright Employees Federal Credit Union | KC Fairfax Federal Credit Union |
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.
Explore: all mergers · 1996 bank events · browse by acquirer · bank failures · all events