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 |
|---|---|---|
| Sep 28, 1996 | Nine West Group of Vevay Employees Credit Union | Members Trust Federal Credit Union |
| Sep 28, 1996 | First Southern State Bank | Covenant Bank |
| Sep 28, 1996 | Citnat Bancorp, Inc. | Security Banc Corporation |
| Sep 28, 1996 | Palm Springs Savings Bank, FSB | Hemet Federal Savings and Loan Association |
| Sep 28, 1996 | Barnett Bank of Pinellas County | Barnett Bank, National Association |
| Sep 28, 1996 | Barnett Bank of Marion County, National Association | Barnett Bank, National Association |
| Sep 28, 1996 | Texas American Bank | Compass Bank |
| Sep 27, 1996 | First Community Bank and Trust Company of Lone Grove | First National Bank and Trust Company of Ardmore |
| Sep 27, 1996 | Shawmut New York Corporation | Fleet New York, Inc. |
| Sep 27, 1996 | Citizens Financial Services Corporation | Citizens Trust Company |
| Sep 27, 1996 | Norwest Bank Texas, New Braunfels | Norwest Bank Texas, South Central |
| Sep 27, 1996 | American Bank of Pryor | RCB Bank |
| Sep 26, 1996 | Granite Holding Corporation | Independent Bancshares, Inc. |
| Sep 24, 1996 | First American Bank of Tangipahoa | First American Bank and Trust |
| Sep 23, 1996 | Norwest Bank Texas, Austin, National Association | Norwest Bank Texas, South Central |
| Sep 21, 1996 | Bank of Garber | First American Bank |
| Sep 21, 1996 | Jessamine First Federal Savings and Loan Association | Kentucky Bank |
| Sep 21, 1996 | Goodhue State Bank | First Farmers & Merchants Bank |
| Sep 20, 1996 | Itt Standard Federal Credit Union | Crossroads Community Federal Credit Union |
| Sep 20, 1996 | Comban Shares, Inc. | First Fidelity Bancorp, Inc. |
| Sep 20, 1996 | Community Bank & Trust Co. | First Fidelity Bank |
| Sep 18, 1996 | WFS Bancorp, Inc. | Emprise Financial Corporation |
| Sep 18, 1996 | Security Savings Bank, F.S.B. | Constitution Bank, N.A. |
| Sep 16, 1996 | Aetna Bancorp, Inc. | Corus Bankshares, Inc. |
| Sep 16, 1996 | Madison Financial Corporation | Corus Bankshares, Inc. |
| Sep 16, 1996 | Wilmot State Bank | Delta Trust & Bank |
| Sep 16, 1996 | Lamb's Bank of Michigan City | First United Bank |
| Sep 16, 1996 | First National Bank of Wheeling | Corus Bank, N.A. |
| Sep 16, 1996 | First State Bank of Calumet City | Corus Bank, N.A. |
| Sep 16, 1996 | Madison Bank, National Association | Corus Bank, N.A. |
| Sep 14, 1996 | The Jewett City Trust Company | Jewett City Savings Bank |
| Sep 14, 1996 | Auburn Bancorp | Vallicorp Holdings, Inc. |
| Sep 14, 1996 | Mercantile Bank of Humboldt County | Mercantile Bank MidWest |
| Sep 14, 1996 | The Bank of Commerce, National Association | Valliwide Bank |
| Sep 14, 1996 | Mercantile Bank of Centerville | Mercantile Bank MidWest |
| Sep 14, 1996 | The First Bank | Will Rogers Bank |
| Sep 14, 1996 | Mercantile Bank of the Bluffs | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Marshalltown | Mercantile Bank MidWest |
| Sep 14, 1996 | LeClaire State Bank | Great River Bank & Trust |
| Sep 14, 1996 | Mercantile Bank of Boone | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Mount Ayr | Mercantile Bank MidWest |
| Sep 14, 1996 | Bank One, Lexington, National Association | Bank One, Kentucky, National Association |
| Sep 14, 1996 | Mercantile Bank of Lyon County | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Osceola County | Mercantile Bank MidWest |
| Sep 14, 1996 | American Bank & Trust Company of Houma | Regions Bank of Louisiana |
| Sep 14, 1996 | Mercantile Bank of Clay County | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Onawa | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Jasper County | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Chariton | Mercantile Bank MidWest |
| Sep 14, 1996 | Mercantile Bank of Pella | Mercantile Bank MidWest |
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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