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 |
|---|---|---|
| Oct 8, 1999 | St. James Bank & Trust Company | Regions Bank |
| Oct 7, 1999 | Regency Bancorp | Zions Bancorporation |
| Oct 7, 1999 | Valley National Corporation | Community First Bankshares, Inc. |
| Oct 5, 1999 | Brylane Associates Credit Union | Indiana Members Credit Union |
| Oct 4, 1999 | Orange National Bank | Citizens Business Bank, N.A. |
| Oct 4, 1999 | Orange National Bancorp | CVB Financial Corp. |
| Oct 4, 1999 | Saint John Presbyterian Church Credit Union | First Financial Credit Union |
| Oct 2, 1999 | Stone Street Bank & Trust | Central Carolina Bank and Trust Company |
| Oct 2, 1999 | St. Paul Bancorp, Inc. | Charter-Michigan Bancorp, Inc. |
| Oct 2, 1999 | Corhart Employees Credit Union | Home Federal Credit Union |
| Oct 2, 1999 | St Paul Federal Bank for Savings | Charter One Bank, National Association |
| Oct 1, 1999 | AMCORE Bank, Central Wisconsin | AMCORE Bank, N.A. |
| Oct 1, 1999 | J.P. Morgan Texas | J.P. Morgan FSB |
| Oct 1, 1999 | Midwest Federal Financial Corp. | AMCORE Financial, Inc. |
| Oct 1, 1999 | NBT Northwest Bancorp | Pacific Northwest Bancorp |
| Oct 1, 1999 | Teamster's Local #988 Credit Union | Team Financial Federal Credit Union |
| Oct 1, 1999 | J.P. Morgan California | J.P. Morgan FSB |
| Oct 1, 1999 | The Horizon Bank of Virginia | Southern Financial Bank |
| Oct 1, 1999 | Country Bank Shares Corporation | AMCORE Financial, Inc. |
| Oct 1, 1999 | Country Bank Shares Corporation | AMCORE Bank, N.A. |
| Oct 1, 1999 | Prairie Bancorporation, Inc. | Wabasso Bancshares, Inc. |
| Oct 1, 1999 | Stephen Bancshares, Inc. | Pembina County Bankshares, Ltd. |
| Oct 1, 1999 | Bankboston Corporation | Fleetboston Financial Corporation |
| Oct 1, 1999 | First American Corporation | Amsouth Bancorporation |
| Oct 1, 1999 | Greater Ohio River Company | Tonti Financial Corporation |
| Oct 1, 1999 | Amcore Bank, National Association, North Central | AMCORE Bank, N.A. |
| Oct 1, 1999 | Colonial Gas Employees Federal Credit Union | Jeanne D'Arc Credit Union |
| Oct 1, 1999 | Laire Federal Credit Union | Southland Credit Union |
| Oct 1, 1999 | Monterey-San Benito Grange Credit Union | Allus Credit Union |
| Oct 1, 1999 | Marquette Bank Rochester, National Association | Marquette Bank, National Association |
| Oct 1, 1999 | American National Federal Credit Union | United Workers Federal Credit Union |
| Oct 1, 1999 | Southwest Credit Union | First United Credit Union |
| Oct 1, 1999 | Dow-Hanging Rock Federal Credit Union | Community United Credit Union |
| Oct 1, 1999 | United Employees Credit Union of Florida | Insight Credit Union |
| Oct 1, 1999 | Citizens State Bank of Walnut Grove | Integrity Bank Plus |
| Oct 1, 1999 | Farmers State Bank of Stephen | Citizens State Bank - Midwest |
| Oct 1, 1999 | Amcore Bank, National Association, South Central | AMCORE Bank, N.A. |
| Oct 1, 1999 | Gallmeyer Livingston Employees Federal Credit Union | Rivertown Community Federal Credit Union |
| Oct 1, 1999 | Houston Area Central Credit Union | Smart Financial Credit Union |
| Oct 1, 1999 | HP Family Federal Credit Union | First Technology Federal Credit Union |
| Oct 1, 1999 | Pleasants County Schools Employees Federal Credit Union | Long Reach Federal Credit Union |
| Oct 1, 1999 | Bristol Group Federal Credit Union | Alero Financial Credit Union |
| Oct 1, 1999 | Stockmens National Bank | Security First Bank |
| Oct 1, 1999 | HP Rocky Mountain Federal Credit Union | First Technology Federal Credit Union |
| Oct 1, 1999 | Amcore Bank National Association, Rock River Valley | AMCORE Bank, N.A. |
| Oct 1, 1999 | Amcore Bank, Aledo | AMCORE Bank, N.A. |
| Oct 1, 1999 | Rocky Ford Federal Credit Union | Arkansas Valley Federal Credit Union |
| Oct 1, 1999 | Systex Credit Union | Openland Credit Union |
| Oct 1, 1999 | The First Bank of Marietta | First Bank of Ohio |
| Oct 1, 1999 | Twinbrook Federal Credit Union | First Technology Federal Credit Union |
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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