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 |
|---|---|---|
| Nov 14, 1996 | CTB Ventures 60, Inc. | First Union Bank of Connecticut |
| Nov 14, 1996 | CTB Realty Ventures Xxxii, Inc. | First Union Bank of Connecticut |
| Nov 14, 1996 | CTB Realty Ventures XXX, Inc. | First Union Bank of Connecticut |
| Nov 14, 1996 | CTB Realty Services, Inc. | First Union Bank of Connecticut |
| Nov 14, 1996 | CTB Campbell Avenue, Inc. | First Union Bank of Connecticut |
| Nov 14, 1996 | Centerbank Realty Company | First Union Bank of Connecticut |
| Nov 14, 1996 | Affiliated Business Credit Corp | First Union Bank of Connecticut |
| Nov 14, 1996 | Center Financial Corporation | Wachovia Corporation |
| Nov 12, 1996 | The First National Bank of Maryland, D.C. | Allfirst Bank |
| Nov 8, 1996 | Crestar Bank FSB | Crestar Bank MD |
| Nov 7, 1996 | Today's Bancorp, Inc. | Ameribanc, Inc. |
| Nov 7, 1996 | Chemical Bank, FSB | Chase Manhattan Private Bank, N.A. |
| Nov 2, 1996 | Sunrise Bancorp | Sundowner Corporation |
| Nov 2, 1996 | Central Federal Credit Union | Genco Federal Credit Union |
| Nov 2, 1996 | First National Bank of Lake Park | 1st United Bank |
| Nov 1, 1996 | First Financial Corporation of America | Ameribanc, Inc. |
| Nov 1, 1996 | Sheldon Security Financial Corporation | Security National Corporation |
| Nov 1, 1996 | Mcu Corporation | Banc One Illinois Corporation |
| Nov 1, 1996 | Topa Thrift and Loan Association | Regency Savings Bank, A FSB |
| Nov 1, 1996 | Tuscaloosa Bancshares, Inc. | Deposit Guaranty Louisiana Corp. |
| Nov 1, 1996 | North Syracuse Federal Credit Union | Core Credit Union |
| Nov 1, 1996 | Sunbeam Employees Federal Credit Union | First Citizens Federal Credit Union |
| Nov 1, 1996 | Eielson Federal Credit Union | Global Federal Credit Union |
| Nov 1, 1996 | Tuscaloosa Commerce Bank | Deposit Guaranty National Bank of Louisiana |
| Nov 1, 1996 | First Republic Thrift & Loan | First Republic Bank |
| Nov 1, 1996 | Topa Savings Bank, FSB | Regency Savings Bank, A FSB |
| Nov 1, 1996 | Controls Credit Union | Prairieland Federal Credit Union |
| Nov 1, 1996 | Reading Postal Federal Credit Union | First Class Federal Credit Union |
| Nov 1, 1996 | Ncaphcc Credit Union | Members Credit Union |
| Nov 1, 1996 | Sentinel Federal Savings and Loan Association of Kansas City | Roosevelt Bank |
| Nov 1, 1996 | Metrobank | Comerica Bank-California |
| Nov 1, 1996 | Sierra Vista Federal Credit Union | Rize Federal Credit Union |
| Nov 1, 1996 | Wildupco Federal Credit Union | Dexsta Federal Credit Union |
| Nov 1, 1996 | Johnstone Training & Research Center Federal Credit Union | Edifi Federal Credit Union |
| Oct 31, 1996 | American State Bancshares, Inc. | First National Security Company |
| Oct 31, 1996 | American Fidelity Bank | GreenBank |
| Oct 31, 1996 | Wean Industries Employees Credit Union, Inc. | Credit Union One, Inc. |
| Oct 31, 1996 | First Monco Bancshares, Inc. | Banctrust Financial Group, Inc. |
| Oct 28, 1996 | Henry County Bancorp, Inc. | Orion Bancorporation, Inc. |
| Oct 28, 1996 | Peoples Bank of Cambridge | Bankorion |
| Oct 26, 1996 | American Bank and Trust | Whitney National Bank of Florida |
| Oct 26, 1996 | BayBank FSB | BayBank NH, National Association |
| Oct 26, 1996 | (unnamed) | Roosevelt Bank |
| Oct 26, 1996 | FirstSouth Bank | RBC Bank (USA) |
| Oct 26, 1996 | Liberty Holding Company | Whitney Holding Corporation |
| Oct 26, 1996 | Liberty Bank | Whitney National Bank of Florida |
| Oct 26, 1996 | Plainwell Paper Company Incorporated Employees Credit Union | Advia Credit Union |
| Oct 26, 1996 | Commerce Bank, National Association | Commerce Bank |
| Oct 25, 1996 | ProBank | Compass Bank |
| Oct 25, 1996 | Granville United Bank | Triangle 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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