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 |
|---|---|---|
| May 18, 1962 | City Institution for Savings | The Lowell Five Cent Savings Bank |
| May 7, 1962 | Easton National Bank of Maryland | Maryland National Bank |
| May 7, 1962 | The First National Bank and Trust Company of Orwigsburg | Keystone Financial Bank, National Association |
| May 1, 1962 | (unnamed) | Zions Bancorporation, N.A. |
| Apr 30, 1962 | Oil City National Bank | Mellon Bank (North) National Association |
| Apr 23, 1962 | Riverview State Bank | Security Bank of Kansas City |
| Apr 23, 1962 | Lykens Valley Bank | Mid Penn Bank |
| Apr 14, 1962 | Farmers and Merchants Bank of Southern Counties | Farmers and Merchants Bank of Long Beach |
| Apr 14, 1962 | (unnamed) | U.S. Bank of Washington, National Association |
| Apr 9, 1962 | Depositors National Bank | First Western Bank, National Association |
| Apr 9, 1962 | Bergen Trust Company Jersey City | National Westminster Bank USA |
| Apr 4, 1962 | Agricultural National Bank | MultiBank West |
| Apr 3, 1962 | First National Bank | The Huntington National Bank |
| Apr 2, 1962 | The Bank of Phoenix | Citibank (Arizona) |
| Apr 2, 1962 | Coplay National Bank | Merchants Bank, National Association |
| Apr 2, 1962 | First National Bank of Allendale | Citizens First National Bank of New Jersey |
| Apr 2, 1962 | Bank of North Wilkesboro | Bank of America, N.A. |
| Apr 2, 1962 | Mount Vernon Bank and Trust Company | First Virginia Bank |
| Apr 2, 1962 | Bank of Lula | Coahoma National Bank |
| Apr 2, 1962 | West Side Bank | City Trust Company |
| Apr 2, 1962 | First National Bank Freehold | Fidelity Union Bank, National Association |
| Apr 2, 1962 | The Merchants National Bank of Cape May | The Cape May County National Bank |
| Apr 2, 1962 | Kingsville Bank | Signet Bank-Maryland |
| Apr 2, 1962 | The First National Bank of Millerstown | The Juniata Valley Bank |
| Apr 2, 1962 | Jackson County Bank | Wachovia Bank, N.A. |
| Apr 2, 1962 | Farmers State Bank | Norwest Bank Peru |
| Mar 31, 1962 | (unnamed) | Wells Fargo Trust Company, N.A. |
| Mar 30, 1962 | Bank of Orchard Park | Fleet Bank of New York, National Association |
| Mar 26, 1962 | First National Bank | Maine National Bank |
| Mar 26, 1962 | National Bank of Kings Park | Valley Bank of New York |
| Mar 19, 1962 | First National Bank | First Clinton National Bank |
| Mar 16, 1962 | Farmers National Bank | Bank One, Circleville, National Association |
| Mar 12, 1962 | First National Bank | First National Bank & Trust Co., Washington, Pa. |
| Mar 12, 1962 | Merchants National Bank | LaSalle Bank National Association |
| Mar 5, 1962 | Springfield Safe Deposit and Trust Company | Shawmut First Bank and Trust Company |
| Mar 1, 1962 | (unnamed) | First Interstate Bank of Idaho, National Association |
| Mar 1, 1962 | State Savings Bank | Manufacturers Bank, National Association |
| Mar 1, 1962 | First National Bank | The First National Bank of Pennsylvania |
| Feb 27, 1962 | The First National Bank of Exeter | Merchants Bank (North) |
| Feb 27, 1962 | (unnamed) | First Interstate Bank of California |
| Feb 19, 1962 | Bridgeville National Bank | National City Bank of Pennsylvania |
| Feb 13, 1962 | Livingston Manor National Bank | The Sullivan County National Bank of Liberty |
| Feb 12, 1962 | West End Bank | Equibank |
| Feb 12, 1962 | Louisa County National Bank | Columbus Junction State Bank |
| Feb 5, 1962 | Bank of Saddle Brook and Lodi | Fidelity Union Bank, National Association, Garden State |
| Feb 1, 1962 | Bank of Delevan | The Citizens Central Bank |
| Jan 22, 1962 | Summerville Bank | First National Bank of South Carolina |
| Jan 22, 1962 | Norwood-Hyde Park Bank & Trust Company | Fifth Third Bank, N.A. |
| Jan 13, 1962 | (unnamed) | First National Bank Alaska |
| Jan 2, 1962 | Greylock National Bank | Berkshire Bank & Trust Company |
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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