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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
May 16, 1983 Kern Valley Community Credit Union CA Altaone Federal Credit Union
May 15, 1983 Dayton GHR Employees Federal Credit Union OH Freedom First Credit Union
May 14, 1983 Kent County Labor Council Credit Union MI Rivertown Community Federal Credit Union
May 13, 1983 Old Colony Bank of Franklin County, National Association MA Bank of Boston-Western Massachusetts, National Association
May 13, 1983 Bank of Gadsden AL AmSouth Bank
May 13, 1983 Ellis First National Bank of Flagler County FL NCNB National Bank of Florida
May 10, 1983 Albion Correctional Facility Federal Credit Union NY Cobblestone Country Federal Credit Union
May 9, 1983 1331Usacio Credit Union OH Warren-Niles Republic Employees Federal Credit Union
May 9, 1983 Roosevelt University Federal Credit Union IL Access Credit Union
May 5, 1983 Mri Employees Credit Union CA Pasadena Federal Credit Union
May 4, 1983 Southeastern Bancshares, Inc. GA Wachovia Corporation of Georgia
May 4, 1983 Midtown Neighborhood Fcu GA Excel Federal Credit Union
May 3, 1983 Mount Olive Savings and Loan Association NC Raleigh Federal Savings Bank
May 3, 1983 (unnamed) — Somerset Savings Bank
May 3, 1983 NCNB Florida Corporation FL NationsBank of Florida, National Association
May 3, 1983 Gulfstream Merger Corporation FL NationsBank of Florida, National Association
May 3, 1983 Gulfstream Insurance Agency, Inc. FL NationsBank of Florida, National Association
May 3, 1983 Gulfstream Mortgage Company FL NationsBank of Florida, National Association
May 3, 1983 NCNB Gulfstream Banks, Inc. FL NationsBank of Florida, National Association
May 2, 1983 Community Savings & Loan Association TX Homestate Sa-Div of City S&LA
May 2, 1983 Fairview Savings & Loan Association PA Citizens Savings Bank
May 2, 1983 C. E. Employees Credit Union MO Midwest Credit Union
May 2, 1983 Wilkinson Nitrogen Inc GA NationsBank of Florida, National Association
May 2, 1983 NCNB Exchange Corporation FL NationsBank of Florida, National Association
May 2, 1983 Exchange Financial Services Inc FL NationsBank of Florida, National Association
May 2, 1983 Exchange Operating Services Corporation FL NationsBank of Florida, National Association
May 2, 1983 Exchange Leasing, Inc. FL NationsBank of Florida, National Association
May 2, 1983 Exchange Travel Service Inc FL NationsBank of Florida, National Association
May 2, 1983 Exchange Bancorporation Inc FL NationsBank of Florida, National Association
May 2, 1983 San Antonio Area Central Cu TX Credit Human Federal Credit Union
May 2, 1983 The Bank of Elmore Company OH Sky Bank-Mid AM Region
May 2, 1983 Professional Health Care Credit Union IA Frontier Community Credit Union
May 2, 1983 Houston First American Savings TX United Savings Association of Texas
May 1, 1983 Halle Erie Federal Credit Union PA Erie Federal Credit Union
May 1, 1983 Walker Employees Federal Credit Union MI American 1 Credit Union
May 1, 1983 Wilson Savings and Loan Association NC North State Savings and Loan Corporation
May 1, 1983 Mills County Savings and Loan Association IA Western Federal Savings and Loan Association
May 1, 1983 Hollywood Savings Association PA Heritage Savings & Loan Association
May 1, 1983 First Savings & Laon Association TX Home Savings & Loan Association
May 1, 1983 First FS&LA TN (unnamed)
May 1, 1983 Sunflower Savings Association KS Columbia Savings Association, F.A.
May 1, 1983 Cherokee Federal Savings and Loan Association OK Liberty FSB
May 1, 1983 New Orleans Union Pass Term Fcu LA Louisiana Central Credit Union
May 1, 1983 First National Bank in Lemmon SD First Bank of South Dakota (National Association)
May 1, 1983 The First National Bank of Clark SD First Bank of South Dakota (National Association)
May 1, 1983 Indian Head National Bank of Laconia NH Fleet Bank-NH
May 1, 1983 Reserve Savings Association KS Columbia Savings Association, F.A.
May 1, 1983 Seaboard Savings and Loan Association NC Cooperative Bank
May 1, 1983 Lake Forest Savings and Loan Association IL Avondale Federal Savings Bank
May 1, 1983 The First National Bank of Miller SD First Bank of South Dakota (National Association)

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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