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 13, 1996 | Bank of the Desert, National Association | Rabobank, N.A. |
| Sep 13, 1996 | Cookson Pigments Employees Federal Credit Union | L'Oreal USA Federal Credit Union |
| Sep 13, 1996 | Boatmen's Oklahoma, Inc. | Bbi Kansas, Inc. |
| Sep 13, 1996 | American Bancshares of Houma, Inc. | Regions Financial Corporation |
| Sep 13, 1996 | Boatmen's First National Bank of Oklahoma | Boatmen's National Bank of Oklahoma |
| Sep 13, 1996 | First State Bank, Hubbard, Texas | Norwest Bank Texas, Waco, National Association |
| Sep 13, 1996 | H.I.P. Employees Federal Credit Union | Financial Assurance Federal Credit Union |
| Sep 10, 1996 | Mercantile Bancorporation Inc. of Arkansas | Ameribanc, Inc. |
| Sep 10, 1996 | Mercantile Bancorporation Inc. of Iowa | Ameribanc, Inc. |
| Sep 10, 1996 | Mercantile Bancorporation Incorporated of Illinois | Ameribanc, Inc. |
| Sep 10, 1996 | Northland Bancshares, Inc. | Mark Twain Bancshares, Inc. |
| Sep 9, 1996 | Security State Bank of Adams | First United Bank |
| Sep 7, 1996 | American State Bank | Bank of Dixon County |
| Sep 7, 1996 | (unnamed) | PNC Bank, N.A. |
| Sep 6, 1996 | Lou Podell Federal Credit Union | Warden Captree Federal Credit Union |
| Sep 6, 1996 | Glen Oaks Village Owners Federal Credit Union | Consumers Federal Credit Union |
| Sep 6, 1996 | Cumberland County Postal Employees Federal Credit Union | Bridgeton Onized Federal Credit Union |
| Sep 5, 1996 | Beverly Bank-Matteson | Beverly National Bank |
| Sep 5, 1996 | Beverly Bank | Beverly National Bank |
| Sep 5, 1996 | Roseville Fraser City Employees Federal Credit Union | Arc Credit Union |
| Sep 5, 1996 | Beverly Bank of Lockport | Beverly National Bank |
| Sep 4, 1996 | Alpine Bancorporation, Inc. | Alpine Bancorporation, Inc. |
| Sep 1, 1996 | Attco Memphis Employees Federal Credit Union | Fedtrust Federal Credit Union |
| Sep 1, 1996 | Farmers and Dealers Bank | CNB National Bank |
| Sep 1, 1996 | Gamco Employees Federal Credit Union | Green River Area Federal Credit Union |
| Sep 1, 1996 | Bankamerica National Trust Company | (unnamed) |
| Sep 1, 1996 | The First State Bank of Commerce | Green Country Bank, FSB |
| Sep 1, 1996 | First NH Investment Services, Inc. | Citizens Bank New Hampshire |
| Sep 1, 1996 | Riherd Bank Holding Company | CNB Florida Bancshares, Inc. |
| Sep 1, 1996 | Central Bancorporation | Pacific Northwest Bancorp |
| Sep 1, 1996 | Farm Co-Op Federal Credit Union | Central Kansas Credit Union |
| Sep 1, 1996 | Lafeda Federal Credit Union | Southern Teachers & Parents Federal Credit Union |
| Sep 1, 1996 | Hunter Park Federal Credit Union | Visterra Credit Union |
| Sep 1, 1996 | Perpetual State Bank | The Fidelity Bank |
| Sep 1, 1996 | Wells Fargo Bank of Arizona, National Association | Wells Fargo Bank, N.A. |
| Sep 1, 1996 | Baytown City Employee Credit Union | Beacon Federal Credit Union |
| Sep 1, 1996 | Citizens Bank and Trust | Bank of Labor |
| Aug 31, 1996 | The Bank of Darien | Lafayette American Bank |
| Aug 31, 1996 | Fleet Trust Company of Florida, National Association | Fleet Trust and Investment Services Company, N.A. |
| Aug 31, 1996 | First National Financial Corporation | Ameris Bancorp |
| Aug 31, 1996 | Hometown Bancorporation, Inc. | Hudson United Bancorp |
| Aug 31, 1996 | Twentieth Bancorp, Inc. | Horizon Bancorp, Inc. |
| Aug 31, 1996 | Bank of Weirton | WesBanco Bank, Inc. |
| Aug 31, 1996 | Slate Belt Federal Credit Union | Ne Pa Community Federal Credit Union |
| Aug 31, 1996 | Triangle PWC Employees Federal Credit Union | Frick Financial Federal Credit Union |
| Aug 30, 1996 | Delaware Trust Company | Corestates Bank, National Association |
| Aug 30, 1996 | Annapolis Bancshares, Inc. | Sandy Spring Bancorp, Inc. |
| Aug 30, 1996 | Carlisle Bancshares, Inc. | First United Bancshares, Inc. |
| Aug 30, 1996 | Merrill/norstar Bankshare Association | Fleetboston Financial Corporation |
| Aug 30, 1996 | Union Planters Bank, National Association | Union Planters Bank, National Association |
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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