Mergers by Year

Bank Mergers in 1998

The Federal Reserve's National Information Center (NIC) recorded 1,286 merger records involving a bank, credit union or bank holding company in 1998. 680 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 1,240 in 1997.

680

Banks acquired

1 bought by a credit union

Credit unions merged

NIC, credit unions as the acquired side

323

Holding companies

Bank holding companies merged

1,286

All merger records

1998 in US banking ›

Largest bank mergers of 1998

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, 1998	Citizen's Trust Company of Indiana, N.A.	IN	—	Fifth Third Bank, Indiana
Dec 31, 1998	Industrial Bank	CA	—	Washington Mutual Bank
Dec 31, 1998	The Trust Company	MO	—	Gold Trust Company
Dec 31, 1998	Bank of Vancouver	WA	—	West Coast Bank
Dec 31, 1998	Citizens Bank of Western Indiana	IN	—	Fifth Third Bank, Indiana
Dec 31, 1998	The Brown Bank	GA	—	FLAG Bank
Dec 31, 1998	Citizens Bank of Kentucky	KY	—	Fifth Third Bank, Indiana
Dec 31, 1998	The Commercial Bank	OR	—	West Coast Bank
Dec 31, 1998	Citizens Bank of Illinois, National Association	IL	—	Fifth Third Bank, Indiana
Dec 31, 1998	North American Trust Company	CA	—	City National Bank
Dec 31, 1998	Citizens Bank of Southern Indiana	IN	—	Fifth Third Bank, Indiana
Dec 31, 1998	Citizens Bank of Central Indiana	IN	—	Fifth Third Bank, Indiana
Dec 31, 1998	Centennial Bank	WA	—	West Coast Bank
Dec 31, 1998	The Citizens National Bank of Evansville	IN	—	Fifth Third Bank, Indiana
Dec 31, 1998	Community Bank of Naples, N.A.	FL	—	First Gulf Bank, N.A.

Biggest bank failures by assets ›

Every merger recorded in 1998

1,286 NIC merger records in 1998 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Jul 1, 1998	Erico Employees' Credit Union, Inc.	OH	Firefighters Community Cu
Jul 1, 1998	Cardinal State Bank	OH	Ameriana Bank of Ohio, F.S.B.
Jul 1, 1998	Community First National Bank	CO	Community First National Bank
Jul 1, 1998	City Employees Credit Union	IA	Cent Credit Union
Jun 30, 1998	Public Service Bank, a federal savings bank	MO	South Side National Bank in St. Louis
Jun 30, 1998	Air-Maze Credit Union, Inc.	OH	Falls Catholic Credit Union, Inc.
Jun 30, 1998	Harvest States Cooperative Employees Credit Union	MN	Heartland Credit Union
Jun 30, 1998	Firstar Information Services Corporation	WI	Firstar Bank Milwaukee, National Association
Jun 30, 1998	Secure Holdings, Inc.	CA	SBC, Incorporated
Jun 30, 1998	Beverly Bankshares, Inc.	KS	Farmers Bancshares, Inc.
Jun 30, 1998	California Security Bank	CA	The Summit National Bank
Jun 30, 1998	Serf Credit Union	MI	Christian Financial Credit Union
Jun 29, 1998	Union Bank of Switzerland	—	UBS Ag
Jun 29, 1998	First Shenango Bancorp, Inc.	PA	Signal Corp
Jun 27, 1998	The Citizens State Bank of Scobey	MT	Independence Bank
Jun 27, 1998	Traders State Bank of Poplar Montana	MT	Independence Bank
Jun 27, 1998	Citfed Bancorp Inc.	OH	Fifth Third Bancorp
Jun 26, 1998	Southeastern Bank of Florida	FL	Southeastern Bank
Jun 22, 1998	U.S. Trust Company of the Pacific Northwest Interim National Bank	OR	U.S. Trust Company, National Association
Jun 20, 1998	Citizens' Bank	AR	National Bank of Commerce
Jun 20, 1998	National Commerce Community Bancorp, Inc. II	TN	National Commerce Financial Corporation
Jun 20, 1998	National Commerce Community Bancorp, Inc. I	TN	National Commerce Financial Corporation
Jun 20, 1998	Towne Bank	OH	The Exchange Bank
Jun 20, 1998	Treasury Savings of Arizona Incorporated	AZ	The Fifth Third Bank of Columbus
Jun 20, 1998	Intermediate Qualified, Inc.	OH	The Fifth Third Bank of Columbus
Jun 20, 1998	Fidelity Bank & Trust, National Association	TX	Wells Fargo Bank Texas, National Association
Jun 20, 1998	Central Bank	FL	BankUnited, FSB
Jun 20, 1998	First Hawaiian Creditcorp, Inc.	HI	First Hawaiian Bank
Jun 20, 1998	First National Bank	WY	Pinnacle Bank
Jun 20, 1998	Coffee County Bank	GA	First Liberty Bank
Jun 20, 1998	State Savings Bank	OH	The Fifth Third Bank of Columbus
Jun 20, 1998	Century Savings Bank	OH	Fifth Third Bank, N.A.
Jun 20, 1998	The New Iberia Bank	LA	Regions Bank
Jun 20, 1998	Continental State Bank	TX	Wells Fargo Bank Texas, National Association
Jun 20, 1998	Bank of West Memphis	AR	National Bank of Commerce
Jun 20, 1998	Southland Bank	GA	First Liberty Bank
Jun 19, 1998	First Pacific National Bank	CA	California Bank & Trust
Jun 19, 1998	Premier Bancshares, Inc.	TX	Texas United Bancshares, Inc.
Jun 19, 1998	South Central Texas Bancshares-Delaware, Inc.	DE	Texas United Nevada, LLC
Jun 19, 1998	South Central Texas Bancshares, Inc.	TX	Texas United Bancshares, Inc.
Jun 19, 1998	Investors Financial Corporation	GA	Pab Bankshares, Inc.
Jun 19, 1998	American Banks of Florida, Inc.	FL	Southtrust Corporation
Jun 19, 1998	American National Bank of Florida	FL	SouthTrust Bank
Jun 17, 1998	FFB Corporation	WV	WesBanco, Inc.
Jun 17, 1998	Pioneer Bancorp, Inc.	WA	Pacific Northwest Bancorp
Jun 16, 1998	Commercial Bank of Nevada	NV	Colonial Bank
Jun 15, 1998	The Farmers State Bank	KS	Peoples Bank and Trust Company
Jun 15, 1998	Piper Trust Company	MN	U.S. Bank National Association
Jun 15, 1998	Charlotte Bancshares, Inc.	TX	Mesquite Financial Services, Inc.
Jun 15, 1998	The Country Bank	TX	Texas Champion Bank

Bank mergers by year

← 1997 · 1999 →

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 · 1998 bank events · browse by acquirer · bank failures · all events