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 |
|---|---|---|
| Jan 20, 1996 | Banyan Bank | Republic Security Bank |
| Jan 19, 1996 | The Garden State Bank of Ocean County | Summit Bank |
| Jan 19, 1996 | Ponte Vedra Banking Corporation | Suntrust Bank Holding Company |
| Jan 19, 1996 | Ponte Vedra National Bank | SunTrust Bank, North Florida, National Association |
| Jan 19, 1996 | Garden State Bancshares, Inc. | The Summit Bancorporation |
| Jan 19, 1996 | First Federal Savings and Loan Association of Lake Wales | Barnett Bank of Polk County |
| Jan 19, 1996 | Busey Bank of McLean County | Busey Bank |
| Jan 17, 1996 | La Cumbre Savings Bank, F.S.B. | First Bank & Trust |
| Jan 15, 1996 | Bunkie Bancshares, Inc. | Hibernia Corporation |
| Jan 15, 1996 | Bunkie Bank & Trust Company | Capital One, N.A. |
| Jan 13, 1996 | Founders National Trust Bank | Chase Federal Bank, a Federal Savings Bank |
| Jan 13, 1996 | Growth Financial Corp | Hudson United Bancorp |
| Jan 13, 1996 | Growth Bank | Hudson United Bank |
| Jan 13, 1996 | Minnesota State Bancshares, Inc. | MidAmerica Bank |
| Jan 13, 1996 | The First National Bank of Pauls Valley | First United Bank and Trust Company |
| Jan 13, 1996 | Fidelity Savings Bank, F.S.B. | Standard Federal Bank |
| Jan 13, 1996 | Carney Bank | County National Bank of South Florida |
| Jan 13, 1996 | Minnesota State Bank | MidAmerica Bank |
| Jan 13, 1996 | Corporate Bank | California United Bank, National Association |
| Jan 13, 1996 | The Farmers State Bank | Pony Express Community Bank |
| Jan 13, 1996 | The Citizens' National Bank of Ashland | Community Banks, National Association |
| Jan 12, 1996 | Sunrise Federal Savings Bank | Reliance Federal Savings Bank |
| Jan 12, 1996 | Blackduck State Bank | Northern National Bank |
| Jan 12, 1996 | Raleigh Federal Savings Bank | Wachovia Bank, N.A. |
| Jan 11, 1996 | Swor Federal Credit Union | Suntide Federal Credit Union |
| Jan 10, 1996 | Citizens Federal Bank, A FSB | NationsBank, National Association (South) |
| Jan 10, 1996 | Wally Bancorp, Inc. | Metropolitan Bancshares, Inc. |
| Jan 9, 1996 | Bank South Corporation | Bank of America Corporation |
| Jan 8, 1996 | Society National Bank, Indiana | Keybank National Association |
| Jan 6, 1996 | Blue Chip Savings Bank | The Winton Savings and Loan Company |
| Jan 6, 1996 | Arcadia Valley Bank | First Sun Bank of America |
| Jan 6, 1996 | The American Bank of the South | 1st United Bank |
| Jan 6, 1996 | St Francois County Bank, FSB | New Era Bank |
| Jan 4, 1996 | Greater Panther Valley Federal Credit Union | Choice One Community Federal Credit Union |
| Jan 4, 1996 | Bay Ridge Bancorp, Inc. | Independence Community Bank Corp. |
| Jan 4, 1996 | Bay Ridge Federal Savings Bank | Independence Community Bank |
| Jan 3, 1996 | Marble Bank | Albank, FSB |
| Jan 3, 1996 | Firstar Trust Company of Minnesota | Firstar Bank of Minnesota, National Association |
| Jan 3, 1996 | Republic Bank for Savings, N.A. | Republic Bank of New York |
| Jan 2, 1996 | The Citizens Bank of Leeds | Highland Bank |
| Jan 2, 1996 | Lansing Financial Corporation | Padgett Agency, Inc. |
| Jan 2, 1996 | First Sterling Bancorp., Inc. | Mercantile Bancorporation Incorporated of Illinois |
| Jan 2, 1996 | Hawkeye Bancorporation | Mercantile Bancorporation Inc. of Iowa |
| Jan 2, 1996 | Premier Bancorp, Incorporated | Banc One Louisiana Corporation |
| Jan 2, 1996 | Bossier Hospital Federal Credit Union | Bossier Federal Credit Union |
| Jan 2, 1996 | The Bank of Southeastern Connecticut | The Norwich Savings Society |
| Jan 2, 1996 | Camas Credit Union | Pine Tree Community Credit Union |
| Jan 2, 1996 | Tobin Employees Federal Credit Union | Generations Community Federal Credit Union |
| Jan 2, 1996 | Manhattan Teachers Credit Union | Kansas State University Federal Credit Union |
| Jan 2, 1996 | The First State Bank of Lansing | 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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