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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
0
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
Nov 25, 1998 Oneida Valley Bancshares, Inc. NY Alliance Financial Corporation
Nov 25, 1998 The Sun City Bank AZ Founders Bank of Arizona
Nov 24, 1998 Fidelity State Bank KS Commerce Bank, National Association
Nov 24, 1998 Georgia National Bancorp, Inc. GA Southtrust Corporation
Nov 24, 1998 Georgia National Bank GA SouthTrust Bank
Nov 23, 1998 Hinton Financial Corporation WV City Holding Company
Nov 21, 1998 Bank of Arizona AZ Wells Fargo Bank Arizona, National Association
Nov 21, 1998 NSS Bancorp, Inc. CT Summit Bancorp.
Nov 21, 1998 Hometown Bancshares, Inc. TX Sterling Bancorporation, LLC
Nov 21, 1998 First State Bank of Higginsville/Odessa MO Central Bank of Warrensburg
Nov 21, 1998 North Pacific Bank WA Heritage Bank
Nov 21, 1998 First National South SC The Anchor Bank
Nov 21, 1998 First National Bank of Warsaw IN National City Bank of Indiana
Nov 21, 1998 The Commercial and Savings Bank Company OH The Killbuck Savings Bank Company
Nov 21, 1998 Security Savings Association OH Enterprise Federal Savings Bank
Nov 21, 1998 The Auburn State Bank IN National City Bank of Indiana
Nov 21, 1998 The Bank of New Mexico NM Wells Fargo Bank New Mexico, National Association
Nov 21, 1998 Fort Wayne National Bank IN National City Bank of Indiana
Nov 21, 1998 Old-First National Bank in Bluffton, Bluffton, Indiana IN National City Bank of Indiana
Nov 21, 1998 First National Bank of Huntington IN National City Bank of Indiana
Nov 21, 1998 Churubusco State Bank IN National City Bank of Indiana
Nov 21, 1998 Valley American Bank and Trust Company IN National City Bank of Indiana
Nov 20, 1998 Farmers State Bank of McNabb IL First State Bank
Nov 20, 1998 Pioneer Bancshares, Inc. TN First American Corporation
Nov 20, 1998 Star Banc Corporation OH Firstar Holdings Corporation
Nov 20, 1998 First National Bank AR Regions Bank
Nov 20, 1998 Pioneer Bank TN First American National Bank
Nov 20, 1998 Valley Bank TN First American National Bank
Nov 20, 1998 Trumbull Savings and Loan Company OH The Second National Bank of Warren
Nov 20, 1998 Springhill Bank & Trust Company LA Regions Bank
Nov 20, 1998 The First National Bank of Nashville AR Regions Bank
Nov 20, 1998 Capital Bank, National Association MD FCNB Bank
Nov 17, 1998 Amsterdam Federal Bank NY Mohawk Community Bank
Nov 16, 1998 First National Bank of Commerce LA Bank One, Louisiana, National Association
Nov 16, 1998 First Security Bank of Craig CO Imperial Bank
Nov 16, 1998 Louisiana Banc One Corporation LA Bank One Corporation
Nov 16, 1998 Central Bank LA Bank One, Louisiana, National Association
Nov 16, 1998 City National Bank of Baton Rouge LA Bank One Trust Company, N.A.
Nov 16, 1998 One Valley Bank of Clarksburg, National Association WV One Valley Bank, Inc.
Nov 16, 1998 The First National Bank of Lake Charles LA Bank One, Louisiana, National Association
Nov 16, 1998 The First National Bank of Lafayette LA Bank One, Louisiana, National Association
Nov 16, 1998 Rapides Bank & Trust Company in Alexandria LA Bank One, Louisiana, National Association
Nov 15, 1998 Central Company, Inc. LA Louisiana Banc One Corporation
Nov 15, 1998 First Money, L.L.C. LA Louisiana Banc One Corporation
Nov 15, 1998 Marquis Insurance Agency, LLC LA Louisiana Banc One Corporation
Nov 15, 1998 Marquis Leasing Company LA Louisiana Banc One Corporation
Nov 15, 1998 Baronne Street Properties, Inc. LA Louisiana Banc One Corporation
Nov 15, 1998 First Commerce Service Corporation LA Louisiana Banc One Corporation
Nov 14, 1998 First National Bank Iowa IA Mercantile Bank MidWest
Nov 14, 1998 The Rock Island Bank, National Association IA Mercantile Bank MidWest

Bank mergers by year

·

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