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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
1,203
All merger records
1996 in US banking ›

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 State Assets Acquirer
Dec 31, 1996 Texas Heritage Savings Association/banc TX — First Federal Savings Bank of North Texas
Dec 31, 1996 Mercantile Bank of Monett MO — Mercantile Bank of South Central Missouri
Dec 31, 1996 Mercantile Bank of Lebanon MO — Mercantile Bank of South Central Missouri
Dec 31, 1996 First State Bank, National Association TX — State National Bank of West Texas
Dec 31, 1996 Mercantile Bank of Wright County MO — Mercantile Bank of South Central Missouri
Dec 31, 1996 Pelham Bank and Trust Company NH — First Essex Bank
Dec 31, 1996 The National Bank of West Virginia WV — Wesbanco Bank Fairmont, Inc.
Dec 31, 1996 Pinnacle Bank IN — Fifth Third Bank, Indiana
Dec 28, 1996 Keystone Savings & Loan Association PA — St. Edmond's Federal Savings Bank
Dec 21, 1996 First State Bank TX — First American Bank SSB
Dec 16, 1996 Big Stone Gap Bank and Trust Company VA — Premier Bank-Central, National Association
Dec 16, 1996 First Sun Bank of America MO — Sun Security Bank of America
Dec 14, 1996 The Westport Bank and Trust Company CT — Lafayette American Bank
Dec 14, 1996 First Heritage Bank, National Association TX — First Service Bank
Dec 14, 1996 Secure Savings Bank, F.S.B. CA — Redlands Federal Bank, a Federal Savings Bank

Biggest bank failures by assets ›

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 State Acquirer
Dec 1, 1996 The Chase Manhattan Bank, National Association NJ JPMorgan Chase Bank, N.A.
Dec 1, 1996 Saulte Ste Marie Credit Union MN Soo Line Credit Union
Dec 1, 1996 Western Security Bank NE Mid City Bank, Inc.
Dec 1, 1996 The Putnam Trust Company CT The Bank of New York Mellon
Dec 1, 1996 Franklin Federal Savings Bank TN Union Planters Bank of the Lakeway Area
Dec 1, 1996 Business Council Credit Union CA Wescom Central Credit Union
Dec 1, 1996 Chase Manhattan Bank USA, N.A. NY Chase Bank USA, N.A.
Dec 1, 1996 Armstrong-Urw Nashville Employees Federal Credit Union TN Ten Credit Union
Dec 1, 1996 The Bank of New York NJ The Bank of New York Mellon
Dec 1, 1996 Premises, Inc. WA Venture Bank
Dec 1, 1996 BankAlabama-Huntsville AL Union Planters Bank of Alabama
Dec 1, 1996 Farmers State Bancorp IN First Financial Bancorp
Dec 1, 1996 Financial Bancshares, Inc. MO Capital Bancorporation, Inc.
Dec 1, 1996 Utah Federal Savings Bank UT Washington Mutual Bank FSB
Dec 1, 1996 Minco Employees Federal Credit Union FL Midflorida Credit Union
Dec 1, 1996 First Midwest Bank/Quad Cities, National Association IL First Midwest Bank
Dec 1, 1996 Svgia Credit Union WA Puget Sound Federal Credit Union
Nov 30, 1996 Metropolitan Federal Savings and Loan Association of Seattle WA WaFd Bank
Nov 29, 1996 UST Bank/Connecticut CT Lafayette American Bank
Nov 29, 1996 Lilly, Inc. CT Lafayette American Bank
Nov 29, 1996 Seymour, Inc. CT Lafayette American Bank
Nov 28, 1996 Cupertino National Bancorp CA Greater Bay Bancorp
Nov 26, 1996 Home Savings Bank, F.S.B. FL First Union National Bank of Florida
Nov 23, 1996 Mellon PSFS (NJ) National Association NJ BNY Mellon, N.A.
Nov 23, 1996 Security National Bank TX The Stone Fort National Bank of Nacogdoches
Nov 23, 1996 State Bank of Marion ND The First State Bank of La Moure
Nov 22, 1996 Preferred Bank, A FSB FL SouthTrust Bank of Florida, National Association
Nov 22, 1996 Douglas County Bank MO Century Bank of the Ozarks
Nov 22, 1996 BankPlus SSB MS BankPlus
Nov 21, 1996 South Valley Bancorporation CA Pacific Capital Bancorp
Nov 19, 1996 Suburban Community Hospital Employee Federal Credit Union OH North Coast Credit Union
Nov 19, 1996 United Food & Commercial Workers Union Local #324 Federal Credit Union CA Rancho Federal Credit Union
Nov 18, 1996 United Southern Bank TN First Vantage Bank-Tennessee
Nov 18, 1996 First Public Savings Bank, a Federal Savings Bank CA Cathay Bank
Nov 18, 1996 Bank of Madisonville TN First Vantage Bank-Tennessee
Nov 18, 1996 First Virginia Bank-South Hill VA First Virginia Bank - Colonial
Nov 16, 1996 Suncoast Savings and Loan Association, FSA FL BankUnited, FSB
Nov 16, 1996 Middle Georgia Bank GA First Liberty Bank
Nov 15, 1996 Community State Bank LA Whitney Bank
Nov 15, 1996 Valley Bancorporation, Inc. MN First Farmers & Merchants National Bank
Nov 15, 1996 Community Bancshares, Inc. LA Hancock Whitney Corporation
Nov 15, 1996 Northern National Bank MN Norwest Bank North Country, National Association
Nov 15, 1996 (unnamed) — Crestar Bank
Nov 15, 1996 Equitable Credit Union RI Navigant Credit Union
Nov 15, 1996 Crestar Bank MD MD Crestar Bank
Nov 14, 1996 Centerbank CT First Union Bank of Connecticut
Nov 14, 1996 CTB Whitney/hamden, Inc. CT First Union Bank of Connecticut
Nov 14, 1996 CTB Ventures 70, Inc. CT First Union Bank of Connecticut
Nov 14, 1996 CTB Ventures 69, Inc. CT First Union Bank of Connecticut
Nov 14, 1996 CTB Ventures 68, Inc. CT First Union Bank of Connecticut

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

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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