Mergers by Year

Bank Mergers in 1997

The Federal Reserve's National Information Center (NIC) recorded 1,240 merger records involving a bank, credit union or bank holding company in 1997. 714 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 1,203 in 1996.

714

Banks acquired

NIC, banks as the acquired side

Credit unions merged

NIC, credit unions as the acquired side

274

Holding companies

Bank holding companies merged

1,240

All merger records

1997 in US banking ›

Largest bank mergers of 1997

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective	Acquired bank	State	Assets	Acquirer
Dec 31, 1997	Flagship Bank FSB	CA	—	International City Bank Federal Savings Bank
Dec 31, 1997	PNC Bank, Ohio, National Association	OH	—	PNC Bank, N.A.
Dec 31, 1997	The Crockett State Bank	TX	—	First National Bank of Huntsville
Dec 31, 1997	First Bank of Beverly Hills, State Savings Bank	CA	—	First Bank of Beverly Hills
Dec 31, 1997	PNC Bank, Kentucky, Inc.	KY	—	PNC Bank, N.A.
Dec 31, 1997	P N C Bank, Indiana, Inc.	IN	—	PNC Bank, N.A.
Dec 31, 1997	The Farmers and Savings Bank, Loudonville, Ohio	OH	—	First-Knox National Bank
Dec 31, 1997	Culver National Bank	CA	—	Bank of Los Angeles
Dec 30, 1997	First National Bank of Dayton	TX	—	Paradigm Bank Texas
Dec 29, 1997	Colorado Business Bank, National Association	CO	—	CoBiz Bank
Dec 23, 1997	Carolina State Bank	NC	—	First Charter Bank
Dec 23, 1997	First Interstate Bank, FSB	MT	—	First Interstate Bank
Dec 22, 1997	The Home National Bank of Sutton	WV	—	City National Bank of West Virginia
Dec 22, 1997	The Old National Bank of Huntington	WV	—	City National Bank of West Virginia
Dec 22, 1997	First State Bank and Trust, National Association	WV	—	City National Bank of West Virginia

Biggest bank failures by assets ›

Every merger recorded in 1997

1,240 NIC merger records in 1997 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Jul 1, 1997	Dakota Bancorp, Inc.	MN	South Dakota Financial Bancorporation, Inc.
Jul 1, 1997	Great Southern Bank	FL	Colonial Bank
Jul 1, 1997	NBC Financial Corporation	LA	Deposit Guaranty Louisiana Corp.
Jul 1, 1997	Colonial Bank	FL	Colonial Bank
Jul 1, 1997	CB Financial Corporation	MI	Citizens Republic Bancorp, Inc.
Jul 1, 1997	Ashland Shares, Inc.	IL	ABC Bank
Jun 30, 1997	Huntington Banks of Michigan	MI	The Huntington National Bank
Jun 30, 1997	KeyBank National Association	VT	KeyBank N.A.
Jun 30, 1997	KeyBank National Association	WA	KeyBank N.A.
Jun 30, 1997	First of America Bank-Indiana	IN	National City Bank of the Midwest
Jun 30, 1997	Keybank National Association	CO	KeyBank N.A.
Jun 30, 1997	Family Bank	FL	Republic Security Bank
Jun 30, 1997	Mercantile Bank	CA	SierraWest Bank
Jun 30, 1997	KeyBank National Association	AK	KeyBank N.A.
Jun 30, 1997	American Bank of Commerce	NV	First Security Bank of Nevada
Jun 30, 1997	KeyBank National Association	WA	KeyBank N.A.
Jun 30, 1997	Keybank National Association	NY	KeyBank N.A.
Jun 30, 1997	Keybank National Association	ME	KeyBank N.A.
Jun 30, 1997	Shawnee Bank, Inc.	WV	Wesbanco Bank Charleston
Jun 30, 1997	Camarillo State Hospital Employees Federal Credit Union	CA	Pacific Oaks Federal Credit Union
Jun 30, 1997	KeyBank National Association	ID	KeyBank N.A.
Jun 30, 1997	The Huntington National Bank of Indiana	IN	The Huntington National Bank
Jun 30, 1997	The Huntington National Bank of Florida	FL	The Huntington National Bank
Jun 30, 1997	Huntington National Bank West Virginia	WV	The Huntington National Bank
Jun 30, 1997	Commerce Security Bank	CA	Eldorado Bank
Jun 30, 1997	Liberty National Bank	CA	Eldorado Bank
Jun 30, 1997	San Dieguito National Bank	CA	Eldorado Bank
Jun 30, 1997	KeyBank National Association	OR	KeyBank N.A.
Jun 30, 1997	KeyBank National Association	UT	KeyBank N.A.
Jun 30, 1997	Eldorado Bancorp	CA	Eldorado Bancshares, Inc.
Jun 30, 1997	American Bancorp of Nevada	NV	First Security Corporation
Jun 30, 1997	Key Bancshares of New York Inc.	NY	Keycorp
Jun 30, 1997	Carlton County Bancorporation, Inc.	MN	International Bancorporation, Inc.
Jun 30, 1997	Huntington Bancshares Indiana, Inc.	OH	Huntington Bancshares Incorporated
Jun 30, 1997	Huntington Bancshares Michigan, Inc.	MI	Huntington Bancshares Incorporated
Jun 30, 1997	(unnamed)	—	The Huntington National Bank
Jun 30, 1997	Dike Bancshares Corporation	IA	Cedar Investment Company
Jun 30, 1997	(unnamed)	—	The Huntington National Bank
Jun 30, 1997	Huntington Financial Services Company	OH	Huntington Bancshares Incorporated
Jun 30, 1997	Huntington Bancshares West Virginia, Inc.	OH	Huntington Bancshares Incorporated
Jun 30, 1997	Key Bancorp of New Hampshire Inc.	NY	Keycorp
Jun 28, 1997	MidFirst Bank	OK	MidFirst Bank
Jun 28, 1997	Stockton Savings Bank, Federal Savings Bank	CA	Guaranty Bank
Jun 27, 1997	First USA, Inc.	TX	Bank One Corporation
Jun 26, 1997	AmSouth Bank of Tennessee	TN	AmSouth Bank
Jun 26, 1997	Marina Bank	CA	First Coastal Bank, National Association
Jun 26, 1997	(unnamed)	—	AmSouth Bank
Jun 26, 1997	AmSouth Bank of Florida	FL	AmSouth Bank
Jun 26, 1997	Southwest Bancorporation of Delaware, I	DE	Amegy Corporation
Jun 26, 1997	AmSouth Bank of Georgia	GA	AmSouth Bank

Bank mergers by year

← 1996 · 1998 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

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.

Explore: all mergers · 1997 bank events · browse by acquirer · bank failures · all events