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.
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1998 | Citizen's Trust Company of Indiana, N.A. | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | Industrial Bank | — | Washington Mutual Bank |
| Dec 31, 1998 | The Trust Company | — | Gold Trust Company |
| Dec 31, 1998 | Bank of Vancouver | — | West Coast Bank |
| Dec 31, 1998 | Citizens Bank of Western Indiana | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | The Brown Bank | — | FLAG Bank |
| Dec 31, 1998 | Citizens Bank of Kentucky | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | The Commercial Bank | — | West Coast Bank |
| Dec 31, 1998 | Citizens Bank of Illinois, National Association | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | North American Trust Company | — | City National Bank |
| Dec 31, 1998 | Citizens Bank of Southern Indiana | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | Citizens Bank of Central Indiana | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | Centennial Bank | — | West Coast Bank |
| Dec 31, 1998 | The Citizens National Bank of Evansville | — | Fifth Third Bank, Indiana |
| Dec 31, 1998 | Community Bank of Naples, N.A. | — | First Gulf Bank, N.A. |
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 | Acquirer |
|---|---|---|
| Mar 15, 1998 | Community Bank of Plano | Harris Bank Joliet, National Association |
| Mar 15, 1998 | Firstshares Intermediate Holding Corporation | Hibernia Corporation |
| Mar 15, 1998 | Firstshares of Texas, Inc. | Hibernia Corporation |
| Mar 15, 1998 | Bank of Lockport | Harris Bank Joliet, National Association |
| Mar 15, 1998 | Southwest Suburban Bank | Harris Bank Joliet, National Association |
| Mar 15, 1998 | First National Bank | Hibernia National Bank of Texas |
| Mar 14, 1998 | Smith County Bank | Trustmark Bank |
| Mar 14, 1998 | Farmers State Bank, FSB | Farmers State Bank |
| Mar 14, 1998 | The Community Bank of Greenville, National Association | Regions Bank, National Association |
| Mar 14, 1998 | First United Bancorporation | Regions Financial Corporation |
| Mar 14, 1998 | Collective Bank | Summit Bank |
| Mar 14, 1998 | Shirley Co-operative Bank | Fidelity Co-Operative Bank |
| Mar 14, 1998 | Bank St. Croix | Citizens State Bank |
| Mar 13, 1998 | Smyrna Bank & Trust Company | Regions Bank |
| Mar 13, 1998 | Boatmen's Trust Company, an Oklahoma Trust Company | Bank of America, N.A. |
| Mar 13, 1998 | Independence Community Bank Corp. | Independence Community Bank |
| Mar 13, 1998 | First Bank of Georgia | Regions Bank |
| Mar 13, 1998 | Boatmens Trust Company | Bank of America, N.A. |
| Mar 13, 1998 | Ibew Local 846 Credit Union | River City United Credit Union |
| Mar 12, 1998 | Morton Specialty Insurance Partners, Ltd. | City National Bank of West Virginia |
| Mar 11, 1998 | First National Bancorporation of Ennis, Inc. | Mainbancorp, Inc. |
| Mar 11, 1998 | (unnamed) | MainBank, National Association |
| Mar 10, 1998 | First Valley BANKCORP. | Forstrom Bancorporation, Inc. |
| Mar 10, 1998 | Regency Financial Shares, Inc. | MainStreet Financial Corporation |
| Mar 10, 1998 | Solon Concora Federal Credit Union | Seven Seventeen Credit Union Inc |
| Mar 9, 1998 | Lincoln Bancshares, Inc. | Lincoln Bancshares, Inc. |
| Mar 9, 1998 | Gateway Bancshares Inc. | CBG Holding Company, Inc. |
| Mar 7, 1998 | Unibank | Sky Bank |
| Mar 7, 1998 | United Bank of Columbus, National Association | United Bank |
| Mar 7, 1998 | The Hesston State Bank | The Citizens State Bank |
| Mar 7, 1998 | North Country Bank | mBank |
| Mar 6, 1998 | Merchants and Planters Bancshares, Inc. | The Peoples Banctrust Company, Inc. |
| Mar 6, 1998 | Vernois Bancshares, Inc. | Integra Bank Corporation |
| Mar 2, 1998 | Homecorp, Inc. | Ameribanc, Inc. |
| Mar 1, 1998 | Shelby Savings Bank | HomeTrust Bank |
| Mar 1, 1998 | Centennial Holdings, Ltd. | West Coast Bancorp |
| Mar 1, 1998 | Cbi-Kansas, Inc. | Cbi-Kansas, Inc. |
| Mar 1, 1998 | Coast Federal Bank, FSB | Home Savings of America, FSB |
| Mar 1, 1998 | Main Line Bank | Santander Bank, N.A. |
| Mar 1, 1998 | C B a of a Federal Credit Union | Adelfi Credit Union |
| Mar 1, 1998 | Northern Berkshire Postal Employees Federal Credit Union | Landmark Credit Union |
| Feb 28, 1998 | Banc One Colorado Corporation | Bank One Corporation |
| Feb 28, 1998 | Banc One Louisiana Corporation | Bank One Corporation |
| Feb 28, 1998 | Banc One Oklahoma Corporation | Bank One Corporation |
| Feb 28, 1998 | Westwood Financial Corporation | Lakeview Financial Corporation |
| Feb 28, 1998 | Banc One Ohio Corporation | Bank One Corporation |
| Feb 28, 1998 | Bank of Miami | The First National Bank and Trust Company of Miami |
| Feb 28, 1998 | Banc One Illinois Corporation | Bank One Corporation |
| Feb 28, 1998 | Security Shares, Inc. | American State Financial Corporation |
| Feb 28, 1998 | Banc One Kentucky Corporation | Bank One Corporation |
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.
Explore: all mergers · 1998 bank events · browse by acquirer · bank failures · all events