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 | Franklin County Virginia Federal Credit Union | Member One Federal Credit Union |
| Jul 1, 1983 | Florida National Bank at Pensacola | Florida National Bank |
| Jul 1, 1983 | Tri-City Federal Savings and Loan Association | Anchor Savings Bank, FSB |
| Jul 1, 1983 | First Valley Bank | Star Financial Bank, Marion |
| Jul 1, 1983 | First National Bank and Trust Company | Star Bank, National Association, Troy |
| Jul 1, 1983 | Home Federal Savings and Loan Association | (unnamed) |
| Jul 1, 1983 | Hawkeye Steel Employees Credit Union | Chicago Central and Commerce Credit Union |
| Jul 1, 1983 | Florida National Bank at Ocala | Florida National Bank |
| Jul 1, 1983 | Shopmens Federal Credit Union | Omega Federal Credit Union |
| Jul 1, 1983 | Woodbury Savings Bank | Centerbank |
| Jul 1, 1983 | I.T.T.G. Princeton Federal Credit Union | Transcend Credit Union |
| Jul 1, 1983 | Med Pac Federal Credit Union | Midwest America Federal Credit Union |
| Jul 1, 1983 | Weirton National Bank | Wheeling National Bank |
| Jul 1, 1983 | First City National Bank | New Mexico National Bank |
| Jul 1, 1983 | Florida National Bank of Pinellas County | Florida National Bank |
| Jul 1, 1983 | Closure Federal Credit Union | Heritage Federal Credit Union |
| Jul 1, 1983 | Peoples Savings and Loan Association | Landmark Federal Savings Bank |
| Jul 1, 1983 | Sea-Cal Employees Credit Union | L&N Federal Credit Union |
| Jul 1, 1983 | Continental Savings & Loan Association | Prudential Bank |
| Jul 1, 1983 | Fulco Employees Federal Credit Union | Excel Federal Credit Union |
| Jul 1, 1983 | Brenton National Bank of South Des Moines | Brenton Bank |
| Jul 1, 1983 | First Wetzel National Bank | Wheeling National Bank |
| Jul 1, 1983 | Florida Bank at Starke | Florida National Bank |
| Jul 1, 1983 | Top Notchers Fcu | Alabama Central Credit Union |
| Jul 1, 1983 | Peoples Savings and Loan Association, F.A. | First Savings of Arkansas, F.A. |
| Jul 1, 1983 | O.G.E. Credit Union | Centris Federal Credit Union |
| Jul 1, 1983 | Florida Bank at Fort Pierce | Florida National Bank |
| Jul 1, 1983 | United Bank | Star Financial Bank, Marion |
| Jul 1, 1983 | Wonder Employees Credit Union | Chicago Central and Commerce Credit Union |
| Jul 1, 1983 | The Suncrest National Bank | Huntington National Bank West Virginia |
| Jul 1, 1983 | Florida National Bank at Port St. Joe | Florida National Bank |
| Jul 1, 1983 | Gulf Publishing Co Empl Fcu | Keesler Federal Credit Union |
| Jul 1, 1983 | Lake Superior & Ishpeming Railroad Employees Credit Union | Marquette Community Federal Credit Union |
| Jul 1, 1983 | First Federal Savings and Loan Association of Lamar | First Federal Bank of Colorado |
| Jul 1, 1983 | Island State Bank | Fleet Bank |
| Jul 1, 1983 | Champion International Corporation Federal Credit Union | Chaco Credit Union, Inc. |
| Jul 1, 1983 | Four Corners Federal Credit Union | Sunwest Federal Credit Union |
| Jul 1, 1983 | (unnamed) | Westamerica Bank |
| Jul 1, 1983 | Rochester Savings Bank | The Rochester Community Savings Bank |
| Jul 1, 1983 | Home Federal Savings and Loan Association | City Savings, F.S.B. |
| Jul 1, 1983 | Saint Andrew Community Credit Union | Polish-American Federal Credit Union |
| Jul 1, 1983 | Landmark Savings Association | Southwest Federal Savings Association |
| Jul 1, 1983 | Northern Federal Savings & Loan Association | TCF National Bank |
| Jul 1, 1983 | Iof Seus Cu | Gold Coast Federal Credit Union |
| Jul 1, 1983 | Zork Empl El Paso Cu | Tip of Texas Federal Credit Union |
| Jul 1, 1983 | The Peoples National Bank of Marlborough | Shawmut Community Bank, National Association |
| Jul 1, 1983 | Golden Savings and Loan Association | First Federal Bank of Colorado |
| Jul 1, 1983 | Associated Savers Credit Union | Centris Federal Credit Union |
| Jul 1, 1983 | Ncce Federal Credit Union | Pennstar Federal Credit Union |
| Jul 1, 1983 | The Florida National Bank at Lakeland | Florida National Bank |
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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