Mergers by Year
Bank Mergers in 1999
The Federal Reserve's National Information Center (NIC) recorded 1,063 merger records involving a bank, credit union or bank holding company in 1999. 516 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 1,286 in 1998.
516
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
213
Holding companies
Bank holding companies merged
Largest bank mergers of 1999
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1999 | Century Bank | — | First Bank & Trust |
| Dec 31, 1999 | Commercial and Farmers Bank | — | Farmers & Mechanics Bank |
| Dec 31, 1999 | Republic Bank of New York | — | HSBC Bank USA, N.A. |
| Dec 31, 1999 | National Business Bank | — | Calwest Bank |
| Dec 30, 1999 | Mid Am Private Trust, N.A. | — | SKY Trust, N.A. |
| Dec 28, 1999 | Security First Bank | — | Bank of Orange County |
| Dec 22, 1999 | First Southwest Bank | — | First Guaranty Bank |
| Dec 18, 1999 | First State Bank | — | First State Bank |
| Dec 17, 1999 | Lincoln Bank & Trust Company | — | First Bank & Trust Company |
| Dec 16, 1999 | Fulton Savings Bank, FSB | — | The Central Trust Bank |
| Dec 16, 1999 | Central Texas Bank | — | United Bank Texas |
| Dec 4, 1999 | Oak Hills Savings and Loan Company, F.A. | — | The Provident Bank |
| Dec 4, 1999 | South Plains Bank | — | City Bank |
| Dec 2, 1999 | Community Bank | — | Webster Bank, N.A. |
| Dec 2, 1999 | Bank of America Utah, National Association | — | Bank of America, N.A. |
Every merger recorded in 1999
1,063 NIC merger records in 1999 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Jul 17, 1999 | (unnamed) | Wachovia Bank, N.A. |
| Jul 17, 1999 | Tysons National Bank | Branch Banking and Trust Company of Virginia |
| Jul 16, 1999 | The Village Bank of Florida | Regions Bank |
| Jul 16, 1999 | The St. Mary Bank and Trust Company | Regions Bank |
| Jul 16, 1999 | Bank of Commerce | U.S. Bank National Association |
| Jul 15, 1999 | High Point Financial Corp. | Lakeland Bancorp, Inc. |
| Jul 15, 1999 | First Philson Financial Corporation | Promistar Financial Corporation |
| Jul 15, 1999 | First Philson Bank, National Association | Promistar Bank |
| Jul 14, 1999 | Bankers Trust of Madison | Superior Bank |
| Jul 14, 1999 | Bankerstrust of Alabama, Inc. | The Banc Corporation |
| Jul 13, 1999 | United Liberty Federal Credit Union | Viriva Community Credit Union |
| Jul 10, 1999 | Cypress Bank | Community Bank of Central California |
| Jul 10, 1999 | Community First Bank | Fifth Third Bank |
| Jul 10, 1999 | The First National Bank and Trust Company of Corbin | Union Planters Bank, National Association |
| Jul 10, 1999 | First Bank of East Tennessee, National Association | Union Planters Bank, National Association |
| Jul 10, 1999 | NBC Bank Corp. | Simmons First National Corporation |
| Jul 9, 1999 | CFSB Bancorp, Inc. (Michigan) | Old Kent Financial Corporation |
| Jul 8, 1999 | The Columbus State Bank | Commerce Bank |
| Jul 7, 1999 | SunTrust Bank, Tallahassee, National Association | SunTrust Bank, Northwest, Florida |
| Jul 6, 1999 | Apse Federal Credit Union | Southern Teachers & Parents Federal Credit Union |
| Jul 6, 1999 | Hessell - TPC Federal Credit Union | Pacific NW Federal Credit Union |
| Jul 3, 1999 | 1st Group, Inc. | Homestead Financial Corporation |
| Jul 3, 1999 | The Blue Springs State Bank | The First National Bank & Trust Company of Beatrice |
| Jul 2, 1999 | American Chapels Credit Union | Tremont Credit Union |
| Jul 2, 1999 | Damen National Bank | MB Financial Bank, National Association |
| Jul 1, 1999 | Magic Valley Teachers Credit Union | Idaho Central Credit Union |
| Jul 1, 1999 | Spreckels District 4 Credit Union | United Local Credit Union |
| Jul 1, 1999 | Enro Shirt Company Employees Credit Union | L&N Federal Credit Union |
| Jul 1, 1999 | Dulico Federal Credit Union | Financial Advantage Federal Credit Union |
| Jul 1, 1999 | Mac Cabees Home Office Federal Credit Union | Genisys Credit Union dba Genisys Investment Services |
| Jul 1, 1999 | Saint Elizabeth Employees Federal Credit Union | Universal 1 Credit Union, Inc. |
| Jul 1, 1999 | Merchants State Bank of North Branch | The First National Bank of Hudson |
| Jul 1, 1999 | Trenton Savings Bank FSB | Santander Bank, N.A. |
| Jul 1, 1999 | 1st Security Bank of Laurel | First Citizens Bank of Billings |
| Jul 1, 1999 | Cngoc Federal Credit Union | East Ohio Gas Cleveland Operating Employees Federal Credit Union |
| Jul 1, 1999 | Rayovac Credit Union | Members First Credit Union |
| Jul 1, 1999 | Bridgport Brass Indianapolis Federal Credit Union | Harvester Financial Credit Union |
| Jul 1, 1999 | Canton Federal Savings and Loan Association | The North Country Savings Bank |
| Jul 1, 1999 | Madison Teachers Credit Union | Frontier Credit Union |
| Jul 1, 1999 | Iowa Resources Employees Credit Union | Midland Credit Union |
| Jul 1, 1999 | Skaneateles Savings Bank | BSB Bank & Trust Company |
| Jul 1, 1999 | Peoples Bank | First American National Bank |
| Jul 1, 1999 | Anheuser- Busch Newark Employees Federal Credit Union | Together Credit Union |
| Jul 1, 1999 | Saint Pius X Parish Credit Union, Inc. | Oc Federal Credit Union |
| Jul 1, 1999 | Yampa Valley National Bank | First National Bank of the Rockies |
| Jul 1, 1999 | Saguaro Credit Union | Vantage West Credit Union |
| Jul 1, 1999 | St. Louis Federal Center Credit Union | Gateway Metro Federal Credit Union |
| Jul 1, 1999 | Montgomery Railroad Credit Union | Guardian Credit Union |
| Jul 1, 1999 | Omni Central Federal Credit Union | Police and Fire Federal Credit Union |
| Jul 1, 1999 | Harris Trust Company of New York | Harris Trust Company of New York |
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 · 1999 bank events · browse by acquirer · bank failures · all events