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
May 10, 1997	The Algonac Savings Bank	MI	Fifth Third Bank
May 9, 1997	Norwest Bank Texas, Robstown, National Association	TX	Norwest Bank Texas, South, National Association
May 9, 1997	Norwest Bank Texas, Premont	TX	Norwest Bank Texas, South, National Association
May 9, 1997	River Oaks Trust Company	TX	Compass Bank
May 9, 1997	Hammond Federal Credit Union	IN	Tech Credit Union
May 9, 1997	Norwest Bank Texas, Alice	TX	Norwest Bank Texas, South, National Association
May 5, 1997	First-Knox Banc Corp.	OH	Park National Corporation
May 5, 1997	Parkway Bank	IL	Parkway Bank and Trust Company
May 3, 1997	Rocky Mountain State Bank	CO	First National Bank of the Rockies
May 3, 1997	First Bank of Arkansas	AR	First Bank of Arkansas
May 3, 1997	Peoples Bank of Unity	PA	S & T Bank
May 3, 1997	Rio Blanco State Bank	CO	First National Bank of the Rockies
May 2, 1997	Comerica Texas Incorporated	MI	Comerica Holdings Incorporated
May 2, 1997	Triangle Wire and Cable Federal Credit Union	RI	Coastal1 Credit Union
May 2, 1997	Oshkosh Savings Bank, F.S.B.	WI	Fox Cities Bank
May 1, 1997	York Duplex Federal Credit Union	PA	Affinia Federal Credit Union
May 1, 1997	Deposit Guaranty Arkansas Corp.	AR	Deposit Guaranty Louisiana Corp.
May 1, 1997	BOKF Merger Corporation Number Four	OK	Bok Financial Corporation
May 1, 1997	BOKF Merger Corporation Number Three	OK	Bok Financial Corporation
May 1, 1997	Brookside Bancshares, Inc.	OK	Bok Financial Corporation
May 1, 1997	First Texcorp, Inc.	TX	Park Cities Corporation
May 1, 1997	Shawnee Bank Shares, Inc.	KS	Cbi-Kansas, Inc.
May 1, 1997	Franklin Life Employees Credit Union	IL	First Eagle Federal Credit Union
May 1, 1997	Bankers Federal Savings FSB	NY	The Dime Savings Bank of New York, FSB
May 1, 1997	Dow-Fresno Federal Credit Union	CA	Valley Oak Credit Union
May 1, 1997	Reisterstown Federal Savings Bank	MD	Susquehanna Bank
May 1, 1997	Clairol Employees Federal Credit Union	CT	B-M S Federal Credit Union
May 1, 1997	Great Barrington Savings Bank	MA	Berkshire Bank
May 1, 1997	Port Angeles Rayonier Federal Credit Union	WA	Strait View Credit Union
May 1, 1997	Investors Federal Savings	KS	Commercial Federal Bank, a Federal Savings Bank
May 1, 1997	The Shawnee State Bank	KS	Commerce Bank
May 1, 1997	Kilowatt Credit Union	AR	Pine Federal Credit Union
May 1, 1997	Fairfax Savings, a Federal Savings Bank	MD	Susquehanna Bank
May 1, 1997	Winnsboro Bank and Trust	TX	The First National Bank of Winnsboro
May 1, 1997	Stella Maris Employees Federal Credit Union	MD	Atlantic Financial Federal Credit Union
Apr 30, 1997	Chemical Thrift Holdings, Inc.	DE	Chase Holding Delaware Inc.
Apr 29, 1997	Griswold State Bancshares, Inc.	IA	Anita Bancorporation
Apr 29, 1997	Griswold Bancshares, Inc.	IA	Anita Bancorporation
Apr 29, 1997	Colonial Bank, FSB	FL	Colonial Bank
Apr 28, 1997	U S S C O Vanceburg Federal Credit Union	KY	Members Trust Federal Credit Union
Apr 28, 1997	Columbia National Bank of Chicago	IL	LaSalle Bank National Association
Apr 26, 1997	(unnamed)	—	Mercantile Bank of South Central Missouri
Apr 26, 1997	UMB Bank Kansas Investment Company	KS	UMB Bank, N.A.
Apr 26, 1997	UMB Bank Kansas, National Association	MO	UMB Bank, N.A.
Apr 25, 1997	(unnamed)	—	Amquest Bank, N.A.
Apr 25, 1997	Mark Twain Bancshares, Inc.	MO	Ameribanc, Inc.
Apr 25, 1997	Grand Forks Herald Credit Union	ND	Area Community Credit Union
Apr 22, 1997	Boatmen's Credit Card Bank	NM	Nationsbank of Delaware, N.A.
Apr 22, 1997	Fort Brooke Bancorporation	FL	The Colonial Bancgroup, Inc.
Apr 22, 1997	Home Building Society	PA	St. Edmond's Federal Savings 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.

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