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 |
|---|---|---|
| Aug 30, 1996 | Bank of Annapolis | Sandy Spring Bank |
| Aug 27, 1996 | Chequamegon Credit Union | Superior Choice Credit Union |
| Aug 27, 1996 | FNB Bancshares, Inc. | First Banking Company of Southeast Georgia |
| Aug 27, 1996 | Southwest Tennessee Bancshares, Inc. | Chester County Bancshares, Inc. |
| Aug 27, 1996 | North Central Washington Bank | Central Washington Bank |
| Aug 26, 1996 | (unnamed) | Simmons First Bank of South Arkansas |
| Aug 26, 1996 | C M Bank Holding Company | Hibernia Corporation |
| Aug 26, 1996 | National Bank of Fairhaven | Slade's Ferry Trust Company |
| Aug 26, 1996 | The Calcasieu-Marine National Bank of Lake Charles | Capital One, N.A. |
| Aug 24, 1996 | CFB Bancorp, Inc. | BBVA USA Bancshares, Inc. |
| Aug 24, 1996 | Community First Bank | Compass Bank |
| Aug 23, 1996 | Mercantile Bank of Topeka | (unnamed) |
| Aug 23, 1996 | Manistee Salt Employees Credit Union | Filer Credit Union |
| Aug 23, 1996 | The Bank of Heard County | Regions Bank |
| Aug 22, 1996 | Northern Illinois Financial Corporation | Grand Premier Financial, Inc. |
| Aug 22, 1996 | Premier Acquisition Company | Grand Premier Financial, Inc. |
| Aug 22, 1996 | Premier Financial Services, Inc. | Grand Premier Financial, Inc. |
| Aug 19, 1996 | Franklin National Bank of Virginia | Franklin National Bank of Washington, D.C. |
| Aug 17, 1996 | Mercantile Bank of Washington | Mercantile Bank of Eastern Iowa |
| Aug 17, 1996 | Mercantile Bank of Henry County | Mercantile Bank of Eastern Iowa |
| Aug 17, 1996 | Mercantile Bank of Cedar Rapids, Iowa | Mercantile Bank of Eastern Iowa |
| Aug 17, 1996 | Mercantile Bank of Maquoketa | Mercantile Bank of Eastern Iowa |
| Aug 17, 1996 | Mercantile Bank of Clinton | Mercantile Bank of Eastern Iowa |
| Aug 17, 1996 | Firstbanc Savings of Texas | Fort Bend Federal Savings and Loan Association |
| Aug 17, 1996 | First Community Bank | RBC Bank (USA) |
| Aug 16, 1996 | Bank of Louisville | Community First National Bank |
| Aug 16, 1996 | First Gwinnett Bancshares, Inc. | Regions Financial Corporation |
| Aug 16, 1996 | Rockdale Community Bank | Regions Bank |
| Aug 16, 1996 | First Gwinnett Bank | Regions Bank |
| Aug 16, 1996 | Chase Financial Services, Inc. | First Bank |
| Aug 16, 1996 | Mercantile Bank of Heber Springs National Association | Mercantile Bank of Arkansas National Association |
| Aug 16, 1996 | Mercantile Bank of Crawford County, National Association | Mercantile Bank of Arkansas National Association |
| Aug 16, 1996 | Bank Chase | First Bank |
| Aug 16, 1996 | Mercantile Bank of Conway County National Association | Mercantile Bank of Arkansas National Association |
| Aug 16, 1996 | Charter National Bank-Colonial | NationsBank of Texas, National Association |
| Aug 16, 1996 | Mercantile Bank of North Central Arkansas National Association | Mercantile Bank of Arkansas National Association |
| Aug 16, 1996 | Riverside National Bank | First State Bank of Texas |
| Aug 16, 1996 | First National Bank of Denham Springs | Whitney Bank |
| Aug 16, 1996 | University National Bank - Galveston | NationsBank of Texas, National Association |
| Aug 16, 1996 | Mountain Parks Bank - West | Community First National Bank |
| Aug 16, 1996 | Mountain Parks Bank-East | Community First National Bank |
| Aug 16, 1996 | Charter National Bank - Houston | NationsBank of Texas, National Association |
| Aug 14, 1996 | Chase Federal Bank, a Federal Savings Bank | NationsBank, National Association (South) |
| Aug 12, 1996 | North Bank | Independent Bank |
| Aug 12, 1996 | Holy Ghost Faith Federal Credit Union | Saint Landry Parish Federal Credit Union |
| Aug 10, 1996 | California United Bank, National Association | California United Bank |
| Aug 10, 1996 | Home Interstate Bancorp | Cu Bancorp |
| Aug 9, 1996 | Delta Bank & Trust Company | Regions Bank of Louisiana |
| Aug 9, 1996 | F & M Bank-Potomac | F & M Bank - Northern Virginia |
| Aug 9, 1996 | U. S. Bank of Idaho, N.A. | U. S. Bank of Idaho |
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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