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 |
|---|---|---|
| Feb 12, 1999 | First Citizens Bank of Clayton County | First Citizens Bank |
| Feb 12, 1999 | Chisago Bancorporation, Inc. | Osceola Bancorporation, Inc. |
| Feb 11, 1999 | Telpaco Modesto Federal Credit Union | Modesto's First Federal Credit Union |
| Feb 10, 1999 | First Bank and Trust | First Bank & Trust East Texas |
| Feb 6, 1999 | Scotland Savings Bank, SSB | RBC Bank (USA) |
| Feb 6, 1999 | Scotland Bancorp, Inc. | RBC Bancorporation (USA) |
| Feb 6, 1999 | Dulaney Bancorp, Inc. | Old National Bancorp |
| Feb 5, 1999 | Cement Bank | Chickasha Bank & Trust Company |
| Feb 5, 1999 | Farmers & Merchants Bank | First Farmers and Merchants Bank |
| Feb 3, 1999 | Windsor Bancshares, Inc. | Associated Banc-Corp |
| Feb 3, 1999 | S.O.D. Employees Federal Credit Union | The Summit Federal Credit Union |
| Feb 2, 1999 | Delaware Valley Federal Credit Union | Chestnut Run Federal Credit Union |
| Feb 2, 1999 | Information Management Systems, Inc. | Venture Financial Group, Inc. |
| Feb 2, 1999 | Philadelphia Dupont-Grasselli Employees Federal Credit Union | Dexsta Federal Credit Union |
| Feb 1, 1999 | Greater Southeast Healthcare Systems Federal Credit Union | National Institutes of Health Federal Credit Union |
| Feb 1, 1999 | Cbot Financial Corporation of Delaware | FVNB Corp. |
| Feb 1, 1999 | Cbot Financial Corporation | FVNB Corp. |
| Feb 1, 1999 | Bancwest Financial Corporation | Americanwest Bancorporation |
| Feb 1, 1999 | First & Farmers Bancshares, Inc. | Union Planters Holding Corporation |
| Feb 1, 1999 | Connelly Container Credit Union | Trumark Credit Union |
| Feb 1, 1999 | Merchants Bank | Union Planters Bank, National Association |
| Jan 31, 1999 | Yancey Insurance Agency, Inc. | First-Citizens Bank & Trust Company |
| Jan 31, 1999 | Braun Baking Employees Federal Credit Union | Tri-Valley Services Federal Credit Union |
| Jan 31, 1999 | First Mutual Bancorp, Inc. | Union Planters Holding Corporation |
| Jan 30, 1999 | The Martell State Bank | Security First Bank |
| Jan 30, 1999 | The Huntington State Bank | The Huntington National Bank |
| Jan 30, 1999 | Martell Financial Services, Inc. | Stockmens Financial Corporation |
| Jan 29, 1999 | Southern Bancshares, Ltd. | Old National Bancorp |
| Jan 26, 1999 | Marie R. Turner Holding Company | John R Turner Holding Company |
| Jan 25, 1999 | Bricks North Carolina Community Federal Credit Union | Freedom Federal Credit Union |
| Jan 24, 1999 | First State Bank of Southern California | Popular Bank |
| Jan 23, 1999 | Stamford Federal Savings Bank | La Jolla Bank, FSB |
| Jan 23, 1999 | Reliance Bancshares, Incorporated | St. Francis Capital Corporation |
| Jan 23, 1999 | Northern Lehigh Bancorp, Inc. | Harleysville National Corporation |
| Jan 23, 1999 | First Lehigh Corporation | Patriot Bank Corp. |
| Jan 23, 1999 | Bokchito Bancshares, Inc. | First United Bank and Trust Company |
| Jan 23, 1999 | First National Bank Northwest Ohio | Sky Bank-Mid AM Region |
| Jan 23, 1999 | Adrian State Bank | Sky Bank-Mid AM Region |
| Jan 23, 1999 | Reliance Savings Bank | St. Francis Bank, F.S.B. |
| Jan 23, 1999 | The Citizens National Bank of Slatington | The Citizens National Bank |
| Jan 23, 1999 | The First State Bank | First United Bank and Trust Company |
| Jan 23, 1999 | First Lehigh Bank | Patriot Bank |
| Jan 22, 1999 | Susquehanna Bancshares West,inc | Susquehanna Bancshares, Inc. |
| Jan 22, 1999 | First Cleveland Delaware Financial Corporation | Diboll State Bancshares of Delaware, Inc. |
| Jan 22, 1999 | Financial Bancorp, Inc. | Dime Community Bancshares, Inc. |
| Jan 22, 1999 | Financial Federal Savings Bank | Dime Community Bank |
| Jan 22, 1999 | Delaware Transit Employees Federal Credit Union | Del-One Federal Credit Union |
| Jan 19, 1999 | Livermore Falls Trust Company | Androscoggin Savings Bank |
| Jan 16, 1999 | Tinton Falls State Bank | Commerce Bank/Shore, National Association |
| Jan 16, 1999 | Prestige Financial Corp. | Commerce Bancorp, LLC |
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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