Mergers by Year
Bank Mergers in 1983
The Federal Reserve's National Information Center (NIC) recorded 1,064 merger records involving a bank, credit union or bank holding company in 1983. 526 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 1,194 in 1982.
526
Banks acquired
2 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
51
Holding companies
Bank holding companies merged
Largest bank mergers of 1983
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1983 | North Shore State Bank | — | North Shore Bank of Commerce |
| Dec 31, 1983 | Indiana Bank and Trust Company of Fort Wayne | — | Summit Bank |
| Dec 31, 1983 | Northeastern Bank | — | Chemical Bank New Jersey, National Association |
| Dec 31, 1983 | Central Bank of Mississippi | — | First United Bank |
| Dec 31, 1983 | First & Merchants National Bank | — | NationsBank, National Association |
| Dec 31, 1983 | Piedmont Bank and Trust Company | — | Wachovia Bank, N.A. |
| Dec 31, 1983 | The First National Bank of Lexington | — | First American Bank of Virginia |
| Dec 31, 1983 | Valley Bank | — | First American Bank of Virginia |
| Dec 31, 1983 | The Peoples National Bank of Leesburg | — | First American Bank of Virginia |
| Dec 31, 1983 | Northwestern Bank and Trust Company | — | General Bank |
| Dec 31, 1983 | The C & S Bank of Tifton | — | NationsBank, National Association (South) |
| Dec 31, 1983 | First Trust and Savings Bank | — | First American Bank |
| Dec 31, 1983 | United Savings and Loan Association of Troy | — | Madison County Federal Savings and Loan Association |
| Dec 31, 1983 | Fidelity Federal Savings and Loan Association | — | Pima Federal Savings and Loan Association |
| Dec 31, 1983 | The Wise County National Bank | — | NationsBank, National Association |
Every merger recorded in 1983
1,064 NIC merger records in 1983 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Jul 1, 1983 | Florida National Bank of Martin County | Florida National Bank |
| Jul 1, 1983 | El Centro City Employees Federal Credit Union | Corazo Credit Union |
| Jul 1, 1983 | Jones Motor Employees Credit Union | Superior Credit Union |
| Jul 1, 1983 | Cilumco Fcu | Singing River Federal Credit Union |
| Jul 1, 1983 | PTC Employees Credit Union | Financial One Credit Union |
| Jul 1, 1983 | Taj Federal Credit Union | Red River Employees Federal Credit Union |
| Jul 1, 1983 | Faultless Employees Federal Credit Union | Heritage Federal Credit Union |
| Jul 1, 1983 | (unnamed) | Winchester Savings Bank |
| Jul 1, 1983 | Arlington Co-Operative Bank | The Co-operative Bank of Concord |
| Jul 1, 1983 | Penrose Credit Union | Wings Credit Union |
| Jul 1, 1983 | (unnamed) | Bank One, Athens, National Association |
| Jul 1, 1983 | Levy's Associates Credit Union | Tucson Old Pueblo Credit Union |
| Jul 1, 1983 | BayBank and Trust Company | BayBank, National Association |
| Jul 1, 1983 | Cactus Corp. Employees Federal Credit Union | Tucson Federal Credit Union |
| Jul 1, 1983 | (unnamed) | Westamerica Bank |
| Jul 1, 1983 | First National Bank of Brooksville | (unnamed) |
| Jul 1, 1983 | Le Roy Savings and Loan Association | Busey Bank Florida |
| Jul 1, 1983 | Meriwether FS&LA | First FS&LA |
| Jul 1, 1983 | Youngstown B & O-C & O Federal Credit Union | First Choice Federal Credit Union |
| Jul 1, 1983 | Bank of Lake County | Westamerica Bank |
| Jul 1, 1983 | Home Savings & Loan Association of La Crosse | First Financial Savings and Loan Association |
| Jul 1, 1983 | South Dakota Central Federal Credit Union | Service First Federal Credit Union |
| Jul 1, 1983 | Gold Country Bank | Westamerica Bank |
| Jul 1, 1983 | Dillard Univ Fcu | Louisiana Central Credit Union |
| Jul 1, 1983 | Brazos Savings Association | Lamar Savings Association |
| Jul 1, 1983 | Bank of Sonoma County | Westamerica Bank |
| Jul 1, 1983 | Utah Valley Bank | Bank One, Utah, National Association |
| Jul 1, 1983 | The Walnut Savings and Loan Company | Cottage Savings Association, F.A. |
| Jul 1, 1983 | Kroger Fort Wayne Employees Federal Credit Union | Kemba Indianapolis Credit Union |
| Jul 1, 1983 | First Settlers Bank | The Bank of West Point |
| Jul 1, 1983 | Florida Bank of Sumter County | Florida National Bank |
| Jul 1, 1983 | First State Savings and Loan Association | First State Savings and Loan Association |
| Jul 1, 1983 | The Rondout National Bank | Norstar Bank of the Hudson Valley, National Association |
| Jul 1, 1983 | Blackford County Public Employees Federal Credit Union | Via Credit Union |
| Jul 1, 1983 | Chanteclair Fcu | Louisiana Central Credit Union |
| Jul 1, 1983 | Florida National Bank at Vero Beach | Florida National Bank |
| Jul 1, 1983 | Florida National Bank of Palm Beach County | Florida National Bank |
| Jul 1, 1983 | Lewis & Clark Savings and Loan Association | Sterling Savings Bank |
| Jul 1, 1983 | The Sullivan County National Bank of Liberty | Norstar Bank of the Hudson Valley, National Association |
| Jul 1, 1983 | The Florida National Bank at Orlando | Florida National Bank |
| Jul 1, 1983 | Florida National Bank of Brevard County | Florida National Bank |
| Jul 1, 1983 | Seneca Tompkins Teachers Federal Credit Union | Beginnings Credit Union |
| Jul 1, 1983 | First Federal Savings and Loan Association | First Federal Savings Bank of Lynchburg |
| Jul 1, 1983 | Montana Dakota Utilities Federal Credit Union | Rapid City Telco Federal Credit Union |
| Jul 1, 1983 | Fiberfill Employees Federal Credit Union | Heritage Federal Credit Union |
| Jul 1, 1983 | Gaoco Empl Cu | Resource One Credit Union |
| Jul 1, 1983 | Provident Savings Association | Atlantic Financial Savings, F.A. |
| Jul 1, 1983 | Bayside Hospital Employees Federal Credit Union | Abnb Federal Credit Union |
| Jul 1, 1983 | United Southern Bank of Humphreys County | First American Bank |
| Jul 1, 1983 | Montana Central Credit Union | Montana 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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