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 |
|---|---|---|
| Apr 1, 1999 | Jay Financial Corporation | First Merchants Corporation |
| Apr 1, 1999 | Nationsbank of Delaware, N.A. | Bank of America, N.A. (USA) |
| Apr 1, 1999 | Lenora Bancshares, Inc. | First Norton Corporation |
| Apr 1, 1999 | Garland Credit Union | Texans Credit Union |
| Apr 1, 1999 | Tri-City Community Federal Credit Union | Western Pa Federal Credit Union |
| Apr 1, 1999 | Golden Foundry Employees Credit Union | Business and Industrial Federal Credit Union |
| Apr 1, 1999 | Marian Juniata Federal Credit Union | Police and Fire Federal Credit Union |
| Apr 1, 1999 | Sunstar Bank | Morton Community Bank |
| Apr 1, 1999 | Telco Community Credit Union | Financial Plus Credit Union |
| Apr 1, 1999 | Norwalk Area Federal Credit Union | Firelands Federal Credit Union |
| Apr 1, 1999 | Aurora National Bank - South | Citywide Banks |
| Apr 1, 1999 | Plymouth Council Credit Union | Catholic Vantage Financial |
| Apr 1, 1999 | J & L Hazelwood Employees Federal Credit Union | Tri Boro Federal Credit Union |
| Apr 1, 1999 | Anchor 6 Fcu | Deepwater Industries Federal Credit Union |
| Apr 1, 1999 | WS Edl Federal Credit Union | Louviers Federal Credit Union |
| Apr 1, 1999 | Smith Erie Federal Credit Union | Erie Federal Credit Union |
| Apr 1, 1999 | Fort Bend Federal Savings and Loan Association | Amegy Bank National Association |
| Apr 1, 1999 | Highland Park School Employees Credit Union | Michigan First Credit Union |
| Apr 1, 1999 | Local 307 Federal Credit Union | Union Yes Federal Credit Union |
| Apr 1, 1999 | First Savings Bank of Little Falls, FSB | Greater Community Bank |
| Apr 1, 1999 | Kingsport Postal & Federal Employees Credit Union | Horizon Credit Union |
| Apr 1, 1999 | Champaign Bell Credit Union | University of Illinois Community Credit Union |
| Apr 1, 1999 | Mead Central Federal Credit Union | One Federal Credit Union |
| Apr 1, 1999 | Greater Southwest Federal Credit Union | Houston Federal Credit Union |
| Apr 1, 1999 | Bareco Kilgore Federal Credit Union | Telco Plus Credit Union |
| Apr 1, 1999 | South Bergen Savings Bank | Kearny Bank |
| Apr 1, 1999 | (unnamed) | Citywide Banks |
| Apr 1, 1999 | P T D Employees Federal Credit Union | Valley Bell Credit Union |
| Apr 1, 1999 | Highlands Bank | Woodforest National Bank |
| Apr 1, 1999 | Salt Creek Federal Credit Union | Wyo Central Federal Credit Union |
| Apr 1, 1999 | Nabisco PGH Employees Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Apr 1, 1999 | The Exchange Bank of Lenora | First Security Bank & Trust Company |
| Apr 1, 1999 | Lakeland Credit Union | United Federal Credit Union |
| Apr 1, 1999 | United Way Federal Credit Union | Commonwealth One Federal Credit Union |
| Apr 1, 1999 | Southern Piedmont Credit Union | Greater Piedmont Credit Union |
| Apr 1, 1999 | Register Mail Credit Union | Gale Credit Union |
| Mar 31, 1999 | Avco Bank, an Industrial Bank | Associates Capital Bank, Inc. |
| Mar 31, 1999 | Raritan Bancorp Inc. | United National Bancorp |
| Mar 31, 1999 | Pipestone Bancshares, Inc. | Fishback Financial Corporation |
| Mar 31, 1999 | Raritan Savings Bank | United Trust Bank |
| Mar 31, 1999 | Carborundum Co. Perth Amboy Employees Federal Credit Union | Advanced Financial Federal Credit Union |
| Mar 31, 1999 | New Canaan Bank and Trust Company | Summit Bank |
| Mar 31, 1999 | Denver City Bank (Retained Charter) | Continental National Bank |
| Mar 31, 1999 | Firstmorrill Co. | Platte Valley Financial Service Companies, Inc. |
| Mar 29, 1999 | PNC National Bank | FIA Card Services, N.A. |
| Mar 29, 1999 | First Community Bank | First Community Bank |
| Mar 28, 1999 | The Bronson-Gore Bank in Prospect Heights | Popular Bank |
| Mar 28, 1999 | Water Tower Bank | Popular Bank |
| Mar 28, 1999 | The Irving Bank | Popular Bank |
| Mar 27, 1999 | American State Bank | Simmons Bank |
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.
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