Skip to main content

Mergers by Year

Bank Mergers in 1962

The Federal Reserve's National Information Center (NIC) recorded 155 merger records involving a bank, credit union or bank holding company in 1962. 1 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 119 in 1961.

1
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
0
Holding companies
Bank holding companies merged
155
All merger records
1962 in US banking ›

Largest bank mergers of 1962

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective Acquired bank State Assets Acquirer
Sep 4, 1962 Suburban Bank VA — Crestar Bank

Biggest bank failures by assets ›

Every merger recorded in 1962

155 NIC merger records in 1962 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Dec 31, 1962 National Bank of Coatsville PA Industrial Valley Bank and Trust Company
Dec 31, 1962 First National Bank of Bolevar NY First Trust Union Bank
Dec 28, 1962 Trust Company of Fulton County NY Keybank National Association
Dec 24, 1962 Peoples Bank OH The Huntington National Bank
Dec 20, 1962 First NB of Anthony NM First Security Bank of Southern New Mexico, National Association
Dec 17, 1962 Vandalia State Bank OH Society Bank, National Association
Dec 17, 1962 Salisbury National Bank MD Allfirst Bank
Dec 17, 1962 Carroll County National Bank MD Carroll County Bank and Trust Company
Dec 10, 1962 The Bank of Manteo NC The Planters National Bank and Trust Company
Dec 10, 1962 (unnamed) — Central Trust Company
Dec 10, 1962 Littlestown State Bank and Trust Company PA ACNB Bank
Dec 7, 1962 Farmers & Merchants Bank SD First Bank of South Dakota (National Association)
Dec 7, 1962 Farmers & Merchants Bank SD First Bank of South Dakota (National Association)
Dec 7, 1962 Farmers & Merchants Bank SD First Bank of South Dakota (National Association)
Dec 3, 1962 First National Bank of Clairton PA Equibank
Dec 3, 1962 Merchants National Bank of Michigan City IN Horizon Bank
Dec 3, 1962 The Farmers Trust Company NJ Burlington County Trust Company
Dec 3, 1962 Lindsey Banking Company OH Bank One, Fremont, National Association
Dec 3, 1962 Farmers and Merchants National Bank VA First Union National Bank of Virginia
Nov 23, 1962 Davison State Bank MI NBD Genesee Bank
Nov 19, 1962 State Bank of Laurel MD Equitable Bank, National Association
Nov 13, 1962 Bank of Athens National Banking Company OH Bank One, Athens, National Association
Nov 12, 1962 Gary Trust & Savings Bank IN Bank One, Merrillville, National Association
Nov 12, 1962 State Bank of Burke NC The Northwestern Bank
Nov 12, 1962 Bank of Madison NC The Northwestern Bank
Nov 12, 1962 State Planters Bank NC The Northwestern Bank
Nov 5, 1962 (unnamed) — Citibank, N.A.
Nov 5, 1962 Bank of Glassport PA Peoples Union Bank & Trust Company
Nov 1, 1962 First National Bank of Newport News VA First & Merchants National Bank
Oct 26, 1962 Greenleaf State Bank KS The Citizens National Bank
Oct 22, 1962 Lincoln National Bank of Lincolnton NC First-Citizens Bank & Trust Company
Oct 22, 1962 Liberty Bank MD Signet Bank-Maryland
Oct 22, 1962 Madison Trust Company CT First Union Bank of Connecticut
Oct 22, 1962 Citizens Bank of Takoma Park MD NationsBank, National Association
Oct 12, 1962 Phoenixville Trust Company PA Industrial Valley Bank and Trust Company
Oct 1, 1962 Bank of Salley SC American Bank & Trust
Oct 1, 1962 Wheeler National Bank of Interlaken NY First National Bank of Waterloo
Oct 1, 1962 Farmers & Merchants Bank Company OH Bank One, Coshocton, National Association
Oct 1, 1962 Mount Jewett National Bank PA Hamlin Bank and Trust Company
Oct 1, 1962 Swansea Depository SC American Bank & Trust
Oct 1, 1962 Augusta National Bank of Staunton VA First & Merchants National Bank
Sep 28, 1962 Lititz Springs National Bank PA The Commonwealth National Bank
Sep 28, 1962 Capital Savings Bank and Trust Company VT Chittenden Trust Company
Sep 24, 1962 City National Bank of Winston Salem NC Wachovia Bank, N.A.
Sep 18, 1962 Rahway National Bank NJ Constellation Bank, National Association
Sep 18, 1962 Hillside National Bank NJ Constellation Bank, National Association
Sep 17, 1962 Townsend Trust Company DE Wilmington Trust Company
Sep 17, 1962 Farmers State Bank MD Farmers & Mechanics Bank
Sep 17, 1962 First National Bank of Shenandoah VA NationsBank, National Association
Sep 10, 1962 First National Bank of Thompsonville CT Northern Connecticut National Bank

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

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.

Explore: all mergers · 1962 bank events · browse by acquirer · bank failures · all events