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 1, 1996 | Prince Georges Realtors Federal Credit Union | Andrews Federal Credit Union |
| Jan 1, 1996 | First National Bancshares, Inc. | Ameribank Bancshares, Inc. |
| Jan 1, 1996 | First Fidelity Bancorporation | First Union Corporation of New Jersey |
| Jan 1, 1996 | Lake City Bancorporation | Alliance Bancshares, Inc. |
| Jan 1, 1996 | FNB Bancshares, Inc. | Hibernia Corporation |
| Jan 1, 1996 | American National Corporation | First Chicago NBD Corporation |
| Jan 1, 1996 | Seafirst Corporation | Bankamerica Corporation |
| Jan 1, 1996 | Burlington Teachers Credit Union | River Bend Credit Union |
| Jan 1, 1996 | Barrows Employees Credit Union | Copper State Credit Union |
| Jan 1, 1996 | (unnamed) | Landmark National Bank |
| Jan 1, 1996 | Employees of Greenville County Federal Credit Union | Greenville Heritage Federal Credit Union |
| Jan 1, 1996 | Stabilization Credit Union | Summit Credit Union |
| Jan 1, 1996 | Yuba Sierra Grange Federal Credit Union | Butte Federal Credit Union |
| Jan 1, 1996 | Carpenters of KDC of Area #4 Federal Credit Union | Pennsylvania Central Federal Credit Union |
| Jan 1, 1996 | Hunterdon County School Employees Federal Credit Union | County Excellence Federal Credit Union |
| Jan 1, 1996 | Teletype Employees Federal Credit Union | United Arkansas Federal Credit Union |
| Jan 1, 1996 | Medical Professionals Federal Credit Union | Eecu |
| Jan 1, 1996 | First Bank Mainland | Merchants Bank |
| Jan 1, 1996 | First National Bank of Hollywood | American Bank of Hollywood |
| Jan 1, 1996 | (unnamed) | Baylake Bank |
| Jan 1, 1996 | Miles Savings Bank | Community Bank |
| Jan 1, 1996 | Bank One, West Virginia, Wheeling, N.A. | Bank One, Wheeling-Steubenville, National Association |
| Jan 1, 1996 | Gypsum Valley National Bank | Central National Bank |
| Jan 1, 1996 | Badger Bank, S.S.B. | North Shore Bank |
| Jan 1, 1996 | Bank One, West Virginia, New Martinsville, National Association | Bank One, Wheeling-Steubenville, National Association |
| Jan 1, 1996 | Jerusalem Baptist Church Federal Credit Union | Guardian Federal Credit Union |
| Jan 1, 1996 | Western Reserve Bank of Ohio | Sky Bank |
| Jan 1, 1996 | A D a Employees Credit Union | Bell West Community Credit Union |
| Jan 1, 1996 | Peoples National Bank | State National Bank of West Texas |
| Jan 1, 1996 | Ledex Employees Federal Credit Union | Abbey Credit Union, Inc. |
| Jan 1, 1996 | Winsted Savings Bank | Northwest Community Bank |
| Jan 1, 1996 | Commerce Bank of St. Louis, National Association | Commerce Bank, National Association |
| Jan 1, 1996 | The National Bank of Rockwell City | Alliance Bank |
| Jan 1, 1996 | Media & Entertainment Credit Union | Old Hickory Credit Union |
| Jan 1, 1996 | Service Credit Union | Saint Joseph Teachers' Credit Union |
| Jan 1, 1996 | Texas City Bank | Merchants Bank |
| Jan 1, 1996 | Marquette Bank Cannon Falls | Marquette Bank, National Association |
| Jan 1, 1996 | Toledo Cloverleaf Federal Credit Union | Sun Federal Credit Union |
| Jan 1, 1996 | Adco Federal Credit Union | Rev Federal Credit Union |
| Jan 1, 1996 | Mercy Associates Federal Credit Union | Owensboro Federal Credit Union |
| Jan 1, 1996 | SC Corning Federal Credit Union | Corning Federal Credit Union |
| Jan 1, 1996 | Amtrol Employees Federal Credit Union | Ocean State Credit Union |
| Jan 1, 1996 | The First National Bank of Lake Providence | Capital One, N.A. |
| Jan 1, 1996 | Alfa Federal Credit Union | 1st United Credit Union |
| Jan 1, 1996 | Guttman Federal Credit Union | Mon Valley Community Federal Credit Union |
| Jan 1, 1996 | Church of World Messianity Federal Credit Union | Hawaiian Financial Federal Credit Union |
| Jan 1, 1996 | Farmers and Merchants Bank | Merchants and Farmers Bank |
| Jan 1, 1996 | Butler Memorial Hospital Credit Union | Armco Credit Union |
| Jan 1, 1996 | First Bank Pearland | Merchants Bank |
| Jan 1, 1996 | Farmers & Merchants State Bank | Community 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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