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 |
|---|---|---|
| Oct 25, 1996 | Commerce Bancorporation, Inc. | BancFirst Corporation |
| Oct 25, 1996 | Gibson County Bank | Old National Bank |
| Oct 25, 1996 | The Bank of Commerce | BancFirst |
| Oct 25, 1996 | Northern National Bank | Norwest Bank North Country, National Association |
| Oct 24, 1996 | Volga Federal Credit Union | Dakotaland Federal Credit Union |
| Oct 24, 1996 | Saint Paul Medical Center Credit Union | OmniAmerican Bank |
| Oct 24, 1996 | (unnamed) | Firstar Bank Missouri, National Association |
| Oct 22, 1996 | Harry Rich Affiliates Federal Credit Union | L'Oreal USA Federal Credit Union |
| Oct 21, 1996 | Youngs Rubber Employees Federal Credit Union | Credit Union of New Jersey |
| Oct 20, 1996 | Onb Bank | ONB Bloomington, National Association |
| Oct 20, 1996 | Workingmens Capital Holdings, Inc. | Old National Bancorp |
| Oct 19, 1996 | First Citizens Bank | California Federal Bank, a Federal Savings Bank |
| Oct 18, 1996 | Mercantile Bank of Boone County | Mercantile Bank of Central Missouri |
| Oct 18, 1996 | Boatmen's Kansas, Inc. | Bbi Kansas, Inc. |
| Oct 18, 1996 | St. Clair Federal Savings Bank | National Bank of Commerce of Birmingham |
| Oct 18, 1996 | Yellowstone Bank, Absarokee, Montana | The Yellowstone Bank |
| Oct 18, 1996 | Mercantile Bank of Lake of the Ozarks | Mercantile Bank of Central Missouri |
| Oct 18, 1996 | (unnamed) | Mercantile Bank of Central Missouri |
| Oct 18, 1996 | The Yellowstone Bank | The Yellowstone Bank |
| Oct 18, 1996 | The Yellowstone Bank, Columbus, Montana | The Yellowstone Bank |
| Oct 18, 1996 | Mercantile Bank of West Central Missouri | Mercantile Bank of Central Missouri |
| Oct 18, 1996 | Bank IV, National Association | Nationsbank, National Association (Mid-West) |
| Oct 18, 1996 | Mercantile Bank of Phelps County | Mercantile Bank of Central Missouri |
| Oct 18, 1996 | Mercantile Bank of Warrensburg | Mercantile Bank of Central Missouri |
| Oct 17, 1996 | Sutter Buttes Savings Bank, FSB | Tri Counties Bank |
| Oct 15, 1996 | Jdo Federal Credit Union | C-B-W School Federal Credit Union |
| Oct 15, 1996 | Crawford County Bank | Southland Bank |
| Oct 14, 1996 | Central Washington Bank | Pacific Northwest Bank |
| Oct 12, 1996 | Citizens Bank of Southern Missouri | Union Bank |
| Oct 12, 1996 | The Navarre Deposit Bank Company | Sky Bank |
| Oct 12, 1996 | Banco Central Hispano - Puerto Rico | Banco Santander Puerto Rico |
| Oct 12, 1996 | SCT Federal Credit Union | Memorial Credit Union |
| Oct 12, 1996 | Bank of North America | Bankatlantic |
| Oct 12, 1996 | Peoples Savings Association | Fidelity Federal Savings Bank |
| Oct 7, 1996 | Orland State Bank | Marquette Bank |
| Oct 7, 1996 | The First National Bank of Westville | First National Bank of Danville |
| Oct 6, 1996 | Southwest Financial Bank and Trust Company | Southwest Financial Bank and Trust Company |
| Oct 5, 1996 | The Anchor Bank of North Carolina | The Anchor Bank |
| Oct 5, 1996 | Bank of Chapmanville | Logan Bank & Trust Company |
| Oct 5, 1996 | Graham Savings Bank, Inc., SSB | Central Carolina Bank and Trust Company |
| Oct 4, 1996 | Wesbanco Bank Kingwood, Inc. | Wesbanco Bank Fairmont, Inc. |
| Oct 3, 1996 | Randolph County Bancorp | First Merchants Corporation |
| Oct 2, 1996 | Hawkeye Federal Savings Bank | Commercial Federal Bank, a Federal Savings Bank |
| Oct 1, 1996 | Halmode Employees Federal Credit Union | Roanoke Valley Community Federal Credit Union |
| Oct 1, 1996 | First Citizens Processing Services, Inc. | First-Citizens Bank & Trust Company |
| Oct 1, 1996 | Njic, Inc. | Merchants and Manufacturers Bank Corporation |
| Oct 1, 1996 | United Bank & Trust, National Association | Inwood National Bank |
| Oct 1, 1996 | First Midwest Asset Management Company | First Midwest Bancorp, Inc. |
| Oct 1, 1996 | Sierrawest Bank | SierraWest Bank |
| Oct 1, 1996 | Continental Bancorporation | Collective Bancorp, Inc. |
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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