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.
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 | Assets | Acquirer |
|---|---|---|---|
| Sep 4, 1962 | Suburban Bank | — | Crestar Bank |
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 | Acquirer |
|---|---|---|
| Sep 4, 1962 | First National Bank in Wampum | Lawrence Savings and Trust Company |
| Sep 4, 1962 | First National Bank of Afton | NBT Bank, N.A. |
| Sep 4, 1962 | Suburban Bank | Crestar Bank |
| Sep 1, 1962 | City National Bank of Anchorage | Alaska State Bank |
| Sep 1, 1962 | State Bank of Hardinsburg | The State Bank of Salem |
| Aug 27, 1962 | Wallingford Bank and Trust Company | The Connecticut Bank and Trust Company, N.A. |
| Aug 27, 1962 | Second National Bank of Meyersdale | Integra Bank/South |
| Aug 25, 1962 | (unnamed) | First Interstate Bank of California |
| Aug 20, 1962 | Imperial Bank | National City Bank of Pennsylvania |
| Aug 20, 1962 | First State Bank | The Mahoning National Bank of Youngstown |
| Aug 12, 1962 | (unnamed) | The First Jersey National Bank/Central |
| Aug 1, 1962 | Gap National Bank | Fulton Bank, N.A. |
| Aug 1, 1962 | Citizens Bank and Trust Savings Company | 1st Security Bank |
| Aug 1, 1962 | Augusta Rockingham Bank | Dominion Bank of Shenandoah Valley, National Association |
| Aug 1, 1962 | National Bank and Trust Company of Schwenksville | Univest Bank and Trust Co. |
| Aug 1, 1962 | First National Bank of Adams | MultiBank West |
| Aug 1, 1962 | Central TC | Pan American Bank of Orlando, National Association |
| Aug 1, 1962 | First National Bank and Trust Company of Mount Joy | Lancaster County Farmers National Bank |
| Jul 23, 1962 | Montgomery County National Bank | Maryland National Bank |
| Jul 23, 1962 | Catonsville National Bank | Allfirst Bank |
| Jul 23, 1962 | Farmers Banking and Trust Company | Allfirst Bank |
| Jul 17, 1962 | Institution for Savings | Citizens Bank of Massachusetts |
| Jul 16, 1962 | Commercial National Bank | NationsBank of South Carolina, National Association |
| Jul 16, 1962 | Bellport National Bank | Valley Bank of New York |
| Jul 9, 1962 | Farmers and Merchants Bank of Salisbury | Signet Bank-Maryland |
| Jul 2, 1962 | Winn State Bank | Firstbank |
| Jul 2, 1962 | Grosvenor Savings Bank | County National Bank |
| Jul 2, 1962 | Manufacturers National Bank | BayBank Southeast, National Association |
| Jul 2, 1962 | National Bank of Vergennes | Chittenden Trust Company |
| Jul 2, 1962 | Spring Lake State Bank | NBD Grand Haven |
| Jul 2, 1962 | First National Bank | First Charter National Bank |
| Jul 2, 1962 | The National Bank of Avondale | National Bank of Chester County and Trust Company |
| Jul 2, 1962 | Perrysburg Banking Company | The Huntington Bank of Wood County |
| Jun 30, 1962 | National Bank of Royersford | Industrial Valley Bank and Trust Company |
| Jun 30, 1962 | Buckingham County Bank | NationsBank, National Association |
| Jun 30, 1962 | The First National Bank of Bellwood | Mid-State Bank and Trust Company |
| Jun 30, 1962 | Security Trust Company | Bank One, West Virginia, Wheeling, N.A. |
| Jun 30, 1962 | The Richfield Bank | NCB Bank |
| Jun 30, 1962 | Drovers Trust & Savings Bank | The Drovers' National Bank of Chicago |
| Jun 25, 1962 | American Trust Company | Canal National Bank |
| Jun 25, 1962 | Peconic Bank | Security National Bank |
| Jun 25, 1962 | State BK of Campbellsburg | Farmers-Citizens Bank |
| Jun 18, 1962 | State Bank of Bolovar | Key Bank of Western New York National Association |
| Jun 18, 1962 | Farmers State Bank | First Interstate Bank of Algona |
| Jun 18, 1962 | National Bank Cold Spring on H | Premier National Bank |
| Jun 11, 1962 | Bank of Wilmington | Bank of America, N.A. |
| Jun 1, 1962 | Citizens & Southern Bank | NationsBank, National Association (South) |
| May 25, 1962 | Crescent City NB | Whitney National Bank |
| May 23, 1962 | Broadway NB | NationsBank of Tennessee, National Association |
| May 21, 1962 | Plainwell Bank | The American National Bank and Trust Company of Michigan |
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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