Mergers by Year
Bank Mergers in 2001
The Federal Reserve's National Information Center (NIC) recorded 940 merger records involving a bank, credit union or bank holding company in 2001. 434 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 1,048 in 2000.
Largest bank mergers of 2001
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2001 | Sky Bank | — | SKY Bank |
| Dec 31, 2001 | McKenzie State Bank | — | Columbia Bank |
| Dec 31, 2001 | Oregon State Bank | — | Columbia Bank |
| Dec 31, 2001 | Union Bank of Illinois | — | First Bank |
| Dec 31, 2001 | Lincoln Security Bank | — | Columbia Bank |
| Dec 31, 2001 | Family Security Bank | — | Columbia Bank |
| Dec 31, 2001 | The State Bank of Jerseyville | — | First Bank |
| Dec 31, 2001 | Security Bank | — | Columbia Bank |
| Dec 31, 2001 | Iowa State Bank | — | Iowa State Bank |
| Dec 31, 2001 | Pacific State Bank | — | Columbia Bank |
| Dec 31, 2001 | The Berthoud National Bank | — | Centennial Bank of the West |
| Dec 31, 2001 | Sky Bank-Mid AM Region | — | SKY Bank |
| Dec 29, 2001 | Fifth Third Bank, Southwest, FSB | — | Fifth Third Bank, Indiana |
| Dec 29, 2001 | First Bank and Trust Company of Tennessee | — | The First Bank and Trust Company |
| Dec 29, 2001 | Pacific Century Bank, N.A. | — | Bank of Hawaii |
Every merger recorded in 2001
940 NIC merger records in 2001 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Sep 11, 2001 | Coupland Bancshares-Nevada, Inc. | Industry Holdings, Inc. |
| Sep 8, 2001 | Cargill Bank of Connecticut | Westbank |
| Sep 7, 2001 | Bridgeport Savings and Loan Association | Advance Financial Savings Bank, FSB |
| Sep 7, 2001 | First Capital Bank of Arizona | CoBiz Bank |
| Sep 7, 2001 | Boyden Bancorp | Citizens State Bank |
| Sep 7, 2001 | Farmers Savings Bank | Citizens State Bank |
| Sep 6, 2001 | Barden Employees Credit Union | Albright Credit Union |
| Sep 5, 2001 | Peoples State Bank | Citizens State Bank |
| Sep 4, 2001 | Light Metals Employees Federal Credit Union | First United Credit Union |
| Sep 1, 2001 | S & C Bank, Polk County | S & C Bank |
| Sep 1, 2001 | (unnamed) | Farmers State Bank |
| Sep 1, 2001 | Star Bancshares of Nevada, Inc. | Star Bancshares, Inc. |
| Sep 1, 2001 | Mustang Holdings, Inc. | Mustang Financial Corporation |
| Sep 1, 2001 | Bank of Louisville, FSB | Bank of Louisville |
| Sep 1, 2001 | Banc One Mortgage Corporation | Bank One, National Association |
| Sep 1, 2001 | The First National Bankshares, Inc. | Wells Fargo & Company |
| Sep 1, 2001 | Farmers National Bancorp, Inc. | Wells Fargo & Company |
| Sep 1, 2001 | First Coastal Corporation | Norway Bancorp, Inc |
| Sep 1, 2001 | Wachovia Corporation | Wachovia Corporation |
| Sep 1, 2001 | First Chicago NBD Mortgage Company | Bank One, National Association |
| Sep 1, 2001 | Packers Management Company, Inc. | Wells Fargo & Company |
| Sep 1, 2001 | Banner Bank of Oregon | Banner Bank |
| Sep 1, 2001 | Health Care Credit Union | Lake Michigan Credit Union |
| Sep 1, 2001 | Team California Federal Credit Union | MY Credit Union |
| Sep 1, 2001 | Alliance Credit Union | Lake Michigan Credit Union |
| Sep 1, 2001 | Reporter Credit Union | Marine Credit Union |
| Sep 1, 2001 | Saint Mary's Hospital Credit Union | Lake Michigan Credit Union |
| Sep 1, 2001 | Dixie Cup Credit Union, Inc. | Greater Kentucky Credit Union, Inc. |
| Sep 1, 2001 | First Federal Savings and Loan Association | The Savings Bank of Manchester |
| Sep 1, 2001 | Greater Boston Federal Credit Union | Tremont Credit Union |
| Sep 1, 2001 | King Mill Savings and Credit Association Credit Union | Augusta Vah Federal Credit Union |
| Sep 1, 2001 | Coastal Bank | Norway Savings Bank |
| Sep 1, 2001 | Iron Horse Credit Union | B.C.S. Community Credit Union |
| Aug 31, 2001 | South Saint Paul Bancshares, Inc. | Bancmidwest Corporation |
| Aug 31, 2001 | Lena Bancorp, Inc. | Foresight Financial Group, Inc. |
| Aug 31, 2001 | First National Bank in Walsenburg | Community Banks of Southern Colorado |
| Aug 29, 2001 | American General Bank, FSB | AIG Federal Savings Bank |
| Aug 25, 2001 | The Drovers & Mechanics Bank | Fulton Bank, N.A. |
| Aug 24, 2001 | Republic Security Bank | Wachovia Bank, National Association |
| Aug 24, 2001 | Peoples Trust Bank Company | Community First Bank |
| Aug 23, 2001 | Bank One, Florida | Bank One, National Association |
| Aug 23, 2001 | Lone Star Bancorporation, Inc. | Sterling Bancorporation, LLC |
| Aug 23, 2001 | Zavala Bankshares, Incorporated | Zavala County Bank |
| Aug 18, 2001 | First National Bank in Newton | The Peoples State Bank of Newton, Illinois |
| Aug 17, 2001 | Sprague Sanford Federal Credit Union | Peopleschoice Credit Union |
| Aug 15, 2001 | FNH Corporation | Promistar Financial Corporation |
| Aug 15, 2001 | Mount Vernon Federal Credit Union | Educational and Governmental Employees Federal Credit Union |
| Aug 15, 2001 | First National Bank of Herminie | Promistar Bank |
| Aug 14, 2001 | Sunamerica Trust Company | AIG Federal Savings Bank |
| Aug 14, 2001 | Capitol District Transit Emp Federal Credit Union | Broadview 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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