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
Dec 2, 1997	County National Bank of South Florida	FL	Republic Security Bank
Dec 1, 1997	Tobacco Root Federal Credit Union	MT	High Peaks Federal Credit Union
Dec 1, 1997	Libertyville Bancorp, Inc.	IL	Wintrust Financial Corporation
Dec 1, 1997	Hinsdale Bancorp, Inc.	IL	Wintrust Financial Corporation
Dec 1, 1997	First National Summit Bankshares, Inc.	CO	Community First Bankshares, Inc.
Dec 1, 1997	Lake Forest Bancorp, Inc.	IL	Wintrust Financial Corporation
Dec 1, 1997	First American Bancorp	AL	Alabama National Bancorporation
Dec 1, 1997	Comerica Mortgage Corporation	MI	Comerica Bank
Dec 1, 1997	First Acadian Bancshares, Inc.	LA	Union Planters Corporation
Dec 1, 1997	Guaranty Bancshares Holding Corporation	LA	M C Bancshares, Inc.
Dec 1, 1997	PNC Trust Company of New York	NY	PNC Bank, N.A.
Dec 1, 1997	(unnamed)	—	Union Planters Bank of Southeast Missouri
Dec 1, 1997	Fillmore Building & Loan Association	PA	Port Richmond Savings
Dec 1, 1997	M G H Federal Credit Union	IN	Indiana Members Credit Union
Dec 1, 1997	Acadian Bank	LA	Union Planters Bank of Louisiana
Dec 1, 1997	First Bank of the Americas	NY	Commercial Bank of New York
Dec 1, 1997	(unnamed)	—	First Bank of California
Dec 1, 1997	PNC Mortgage Bank, N.A.	PA	PNC Bank, N.A.
Dec 1, 1997	MD&F Employees Federal Credit Union	NC	Members Credit Union
Dec 1, 1997	Eastern American Bank, Federal Savings Bank	VA	Resource Bank
Dec 1, 1997	PNC National Bank of Delaware	DE	PNC Bank, Delaware
Dec 1, 1997	Guaranty Bank & Trust Company of Morgan City	LA	M C Bank & Trust Company
Nov 29, 1997	Signet Banking Corporation	VA	Wachovia Corporation
Nov 29, 1997	Daniel Employees Credit Union	TX	Members Choice Credit Union
Nov 29, 1997	Western Community Bank	CO	WestStar Bank
Nov 29, 1997	Signet Bank	VA	Wachovia Bank, N.A.
Nov 25, 1997	Republic National Bancorp, Inc.	AZ	Community First Bankshares, Inc.
Nov 24, 1997	First Security Bank of Wyoming	WY	Wells Fargo Trust Company, N.A.
Nov 24, 1997	Southlake Bancshares, Inc.	TX	First Financial Bankshares of Delaware, Inc.
Nov 24, 1997	Roscoe Financial Services, Inc.	SD	Roscoe Community Bankshares, Inc.
Nov 24, 1997	Mount Carmel M B C Credit Union	OH	Wright-Dunbar Area Credit Union, Inc.
Nov 23, 1997	Citizens National Bank of Madison	IN	River Valley Financial Bank
Nov 22, 1997	Naval Hospital Credit Union	VA	Navy Federal Credit Union
Nov 22, 1997	First Southeast Financial Corporation	SC	The South Financial Group, Inc.
Nov 22, 1997	First Bank	TX	LegacyTexas Bank
Nov 22, 1997	Charter State Bank	AR	First National Bank
Nov 22, 1997	First Bank of Deer Park	TX	Bayshore National Bank of La Porte
Nov 22, 1997	The First National Bank of Wilcox	NE	Iowa - Nebraska State Bank
Nov 22, 1997	First Federal Savings and Loan Association of Anderson	SC	Carolina First Bank
Nov 22, 1997	Norwest Bank Texas, South Central	TX	Wells Fargo Bank Texas, National Association
Nov 22, 1997	Texas National Bank of Baytown	TX	Bayshore National Bank of La Porte
Nov 22, 1997	Mercantile Bank, FSB	IA	Mercantile Bank of Eastern Iowa
Nov 21, 1997	Apci Plant 4 Federal Credit Union	PA	Apci Federal Credit Union
Nov 21, 1997	Mercantile Bank of Naples	FL	First National Bank of Florida
Nov 20, 1997	Hazelton Bancshares, Inc.	ND	Bank of Hazelton
Nov 15, 1997	First American Bank, National Association	ND	Bremer Bank, National Association
Nov 15, 1997	GB Bancorporation	CA	Zions Bancorporation
Nov 15, 1997	The Chase Manhattan Trust Company of California, N.A.	CA	J.P. Morgan Trust Company, N.A.
Nov 15, 1997	Star Financial Bank, Marion	IN	Star Financial Bank
Nov 15, 1997	Chase Trust Company of California	CA	J.P. Morgan Trust Company, N.A.

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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