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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
1,064
All merger records
1983 in US banking ›

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 State Assets Acquirer
Dec 31, 1983 North Shore State Bank MN — North Shore Bank of Commerce
Dec 31, 1983 Indiana Bank and Trust Company of Fort Wayne IN — Summit Bank
Dec 31, 1983 Northeastern Bank NJ — Chemical Bank New Jersey, National Association
Dec 31, 1983 Central Bank of Mississippi MS — First United Bank
Dec 31, 1983 First & Merchants National Bank VA — NationsBank, National Association
Dec 31, 1983 Piedmont Bank and Trust Company NC — Wachovia Bank, N.A.
Dec 31, 1983 The First National Bank of Lexington VA — First American Bank of Virginia
Dec 31, 1983 Valley Bank VA — First American Bank of Virginia
Dec 31, 1983 The Peoples National Bank of Leesburg VA — First American Bank of Virginia
Dec 31, 1983 Northwestern Bank and Trust Company MO — General Bank
Dec 31, 1983 The C & S Bank of Tifton GA — NationsBank, National Association (South)
Dec 31, 1983 First Trust and Savings Bank TN — First American Bank
Dec 31, 1983 United Savings and Loan Association of Troy IL — Madison County Federal Savings and Loan Association
Dec 31, 1983 Fidelity Federal Savings and Loan Association AZ — Pima Federal Savings and Loan Association
Dec 31, 1983 The Wise County National Bank VA — NationsBank, National Association

Biggest bank failures by assets ›

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 State Acquirer
Jun 4, 1983 City National Bank NC Truist Bank
Jun 3, 1983 Bank of Boston - Essex MA Bank of Boston - Essex, National Association
Jun 2, 1983 Pennsylvania Savings Association PA Conestoga Bank
Jun 1, 1983 Beaver County Pennsylvania Employees Federal Credit Union PA West-Aircomm Federal Credit Union
Jun 1, 1983 Whitmore Bancorporation, Inc. IA Whitmore Company, Inc.
Jun 1, 1983 Western Hills Loan and Deposit Company OH Centennial Bank
Jun 1, 1983 Joskes Stores Cu TX Las Colinas Federal Credit Union
Jun 1, 1983 First Federal Savings and Loan Association of Walworth County WI AnchorBank, FSB
Jun 1, 1983 South Milwaukee Marine Bank WI Bank One, Wisconsin
Jun 1, 1983 Manatee FS&LA FL FloridaFirst Bank
Jun 1, 1983 Continental S&LA LA South Savings and Loan Association, F. A.
Jun 1, 1983 Salt City Federal Savings and Loan Association KS First Federal Savings and Loan Association of Hutchinson
Jun 1, 1983 Lowell Bank and Trust Company MA Security National Bank
Jun 1, 1983 Town & Country Savings Association TX Town & Country Savings Div/bonham
Jun 1, 1983 First Security Savings Association TX Commodore Sa
Jun 1, 1983 Title Federal Credit Union IL Dupage Credit Union
Jun 1, 1983 School District 151 Federal Credit Union IL Illiana Financial Credit Union
Jun 1, 1983 The Miami Deposit Bank OH Star Bank, National Association
Jun 1, 1983 Cghe Fcu GA Coweta Cities & County Employees Federal Credit Union
Jun 1, 1983 Employees Service Federal Credit Union MI Wanigas Credit Union
Jun 1, 1983 Oak Creek Marine National Bank WI Bank One, Wisconsin
Jun 1, 1983 Cudahy Marine Bank WI Bank One, Wisconsin
Jun 1, 1983 Gordons Transports Federal Credit Union TN First South Financial Federal Credit Union
Jun 1, 1983 Security Bank Oakland County MI Security Bank Oakland County
Jun 1, 1983 Dana Federal Credit Union IN Fort Financial Federal Credit Union
Jun 1, 1983 Oregon State Bank OR Security Pacific Bank Oregon
Jun 1, 1983 (unnamed) — Penn Federal Savings Bank
Jun 1, 1983 Hayward Schuster Employees Credit Union MA Webster First Federal Credit Union
May 31, 1983 The Citizens and Southern Bank of Bartow County GA NationsBank, National Association (South)
May 31, 1983 B.S.C. Federal Credit Union NY Teachers Federal Credit Union
May 31, 1983 American Bobst Holdings Employees Federal Credit Union NJ Members Connect Federal Credit Union
May 31, 1983 First Federal Savings and Loan Association of St. Joseph MO Blue Valley Federal Savings and Loan Association
May 27, 1983 York Teachers Credit Union PA York Educational Federal Credit Union
May 27, 1983 South Central Savings Association TX Encore Bank, National Association
May 27, 1983 Lone Star Savings Association TX Encore Bank, National Association
May 27, 1983 The Bank of Arab AL AmSouth Bank
May 26, 1983 Duluth Auto Workers Local #2 Credit Union MN Centricity Credit Union
May 26, 1983 Mount Morris Banshares, Inc. IL Central of Illinois, Inc.
May 24, 1983 Hercules Bessemer Empl Fcu AL Americas First Federal Credit Union
May 23, 1983 The Bank of New Orleans and Trust Company LA First National Bank of Commerce
May 23, 1983 New Orleans Bancshares, Inc. LA Louisiana Banc One Corporation
May 23, 1983 Hughes Helicopters - Summa Employees Federal Credit Union CA Kinecta Federal Credit Union
May 21, 1983 Citizens National Bank of Point Pleasant WV Bank One, West Virginia, National Association
May 21, 1983 First State Bank of What Cheer IA TruBank
May 19, 1983 The First National Bank of Fairfield PA Farmers Bank and Trust Company of Hanover
May 19, 1983 VI Cal Federal Credit Union CA Sierra Central Credit Union
May 19, 1983 Boces One Monroe Federal Credit Union NY Family First of NY Federal Credit Union
May 18, 1983 Nonotuck Savings Bank MA Springfield Institution for Savings
May 17, 1983 A S L Credit Union WI Summit Credit Union
May 16, 1983 The Sheridan Building Company OK Sheridan Bancorp, Inc.

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.

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