Consolidation continues to be the watchword in the thrift industry.

At midyear there were 1,852 thrifts-down 6.5% from June 30, 1996. But their assets were up 0.7%, to $1.03 trillion, according to data compiled by American Banker and Sheshunoff Information Services Inc., Austin, Tex. (See tables starting on p. 18.)

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.