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.
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 1, 1999 | RL Bryan Employees Credit Union | S.C. State Federal Credit Union |
| Jul 1, 1999 | Wesco Employees Federal Credit Union | A New Direction Credit Union |
| Jul 1, 1999 | Scranton City Employees Federal Credit Union | Valor Federal Credit Union |
| Jul 1, 1999 | Bent County School Employees Credit Union | Arkansas Valley Federal Credit Union |
| Jul 1, 1999 | E E E Credit Union | First Class Community Credit Union |
| Jul 1, 1999 | Philadelphia Seventh Day Adventist Church Fcu | Forge Federal Credit Union |
| Jul 1, 1999 | SierraWest Bank | Bank of the West |
| Jul 1, 1999 | The Ossian State Bank | Security State Bank |
| Jul 1, 1999 | Peninsula Herald Federal Credit Union | Provident Credit Union |
| Jul 1, 1999 | Brookhollow National Bank | Brookhollow National Bank |
| Jul 1, 1999 | Embacee Federal Credit Union | S&S M H Employees Federal Credit Union |
| Jul 1, 1999 | Kropp Employees Federal Credit Union | Oak Trust Credit Union |
| Jul 1, 1999 | Hocak Federal Credit Union | Ccfbank N.A. |
| Jul 1, 1999 | Andover Bank NH | Andover Bank |
| Jul 1, 1999 | Farmers Bank of Clatonia | The First National Bank & Trust Company of Beatrice |
| Jul 1, 1999 | Clatonia Bancshares, Inc. | Homestead Financial Corporation |
| Jul 1, 1999 | Security State Bank | Habersham Bank |
| Jul 1, 1999 | Skaneateles Bancorp, Inc. | BSB Bancorp, Inc. |
| Jul 1, 1999 | Soldier Valley Financial Services, Inc. | Dunlap Iowa Holding Co. |
| Jul 1, 1999 | Statco Credit Union | Southeast Federal Credit Union |
| Jul 1, 1999 | Denver Ban Corporation | PSB Corporation |
| Jul 1, 1999 | Sierrawest Bancorp | Bank of the West |
| Jul 1, 1999 | Springfield Investment Company | Piesco, Inc. |
| Jul 1, 1999 | Merchants of Shenandoah Ban-Corp | Vist Financial Corp. |
| Jul 1, 1999 | Citizens First National Bank | Mercantile Bank |
| Jun 30, 1999 | National City Trust Company | National City Bank |
| Jun 30, 1999 | Independence Teachers Credit Union | Kansas Teachers Community Credit Union |
| Jun 30, 1999 | Hemet Federal Savings and Loan Association | Guaranty Bank |
| Jun 30, 1999 | American Family Credit Union | Access Credit Union |
| Jun 30, 1999 | Stanislaus County Federal Credit Union | Valley First Federal Credit Union |
| Jun 30, 1999 | C&L Bank of Blountstown | C&L Bank |
| Jun 30, 1999 | Union Trust Bank | Community First Bank & Trust |
| Jun 30, 1999 | First Bancshares of Muskogee, Inc. | Bok Merger Corporation Number Seven |
| Jun 30, 1999 | Quanah Bancshares, Inc. | Quanah Financial Corporation |
| Jun 30, 1999 | Kent Bancshares, Inc. | High Point Financial Services, Inc. |
| Jun 30, 1999 | C&L Banking Corporation | The Banc Corporation |
| Jun 30, 1999 | West Indian Credit Union Inc | Wellness Federal Credit Union |
| Jun 26, 1999 | Partners Bank of Florida, FSB | Manufacturers Bank of Florida |
| Jun 26, 1999 | Community First Bank of Kentucky | Community First Bank, National Association |
| Jun 26, 1999 | The Bank of Yorkville | Castle Bank National Association |
| Jun 26, 1999 | Teambank Nebraska | Teambank, N.A. |
| Jun 26, 1999 | First and Farmers Bank of Somerset, Inc. | Union Planters Bank, National Association |
| Jun 26, 1999 | Home National Bank | Home National Bank |
| Jun 26, 1999 | King George State Bank, Inc. | Atlantic Union Bank |
| Jun 25, 1999 | A.A.F. Employees Credit Union | Advanz Federal Credit Union |
| Jun 25, 1999 | Fayette County Bank | Regions Bank |
| Jun 25, 1999 | The Bank of Newnan | Regions Bank |
| Jun 25, 1999 | Lorena State Bank | Extraco Banks, N.A. |
| Jun 25, 1999 | Bank of Troy | Extraco Banks, N.A. |
| Jun 23, 1999 | Geiger Corporation | Heritage Bancshares Group, Inc. |
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