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 |
|---|---|---|
| May 1, 1983 | The First Potter County Bank | First Bank of South Dakota (National Association) |
| May 1, 1983 | First Bank (N.A.) | First Bank of South Dakota (National Association) |
| May 1, 1983 | Georgia Pacific Employees Credit Union | Citizens Community Credit Union |
| May 1, 1983 | Union City and Obion County Teachers Credit Union | Leaders Credit Union |
| May 1, 1983 | First Federal Savings and Loan Association | Magnet Bank, Federal Savings Bank |
| May 1, 1983 | Burlington Savings Bank | Trenton Savings Bank FSB |
| May 1, 1983 | First State Bank of Ivanhoe | Community First National Bank of Marshall |
| Apr 30, 1983 | Lincoln Bank | Security Pacific Bank Oregon |
| Apr 30, 1983 | Allied Bank Beaumont | First Interstate Bank of Beaumont, National Association |
| Apr 30, 1983 | Bank of Manhattan | California United Bank |
| Apr 30, 1983 | Vanguard Supreme Federal Credit Union | Carolina Cooperative Federal Credit Union |
| Apr 30, 1983 | The Bank of Vienna | Signet Bank |
| Apr 30, 1983 | Guaranty Savings and Loan Association | Horizon Financial, F.A. |
| Apr 30, 1983 | The Ridgway National Bank | Marine Bank |
| Apr 29, 1983 | Johnson County Bankshares, Inc. | Johnson County Bankshares, Inc. |
| Apr 29, 1983 | Bank of Hendersonville | Lawrence Bank |
| Apr 29, 1983 | Bank of Loretto | Kentucky National Bank of Marion County |
| Apr 28, 1983 | Broome County Employees Federal Credit Union | GHS Federal Credit Union |
| Apr 27, 1983 | Bossert Employees Federal Credit Union | First Source Federal Credit Union |
| Apr 27, 1983 | T. P. I. Federal Credit Union | North Jersey Federal Credit Union |
| Apr 23, 1983 | Barnett Bank of Palm Beach County | Barnett Bank of Palm Beach County |
| Apr 22, 1983 | Bank of Sulligent | AmSouth Bank |
| Apr 22, 1983 | Nestle Employees Credit Union | Nestle (Freehold) Employees Federal Credit Union |
| Apr 21, 1983 | Poughkeepsie Journal Federal Credit Union | Bridgeway Federal Credit Union |
| Apr 21, 1983 | United States Engineers St. Paul Credit Union | Ideal Credit Union |
| Apr 19, 1983 | Rice Growers Bank | First National Bank of Eastern Arkansas |
| Apr 18, 1983 | Lancaster Belltel Federal Credit Union | Belco Community Credit Union |
| Apr 15, 1983 | Peoples Bank of Tuscaloosa | AmSouth Bank |
| Apr 15, 1983 | Florence Building & Loan Association | Lincoln Federal Savings and Loan Association |
| Apr 15, 1983 | Sheffer Employees Credit Union, Inc. | Trupartner Credit Union, Inc. |
| Apr 14, 1983 | Clarion Investment Company | Brenton Bank and Trust Company |
| Apr 12, 1983 | Security Trust Company of Naples | Northern Trust Bank of Florida/Naples National Association |
| Apr 12, 1983 | Philips Employees Federal Credit Union | Natco Credit Union |
| Apr 12, 1983 | Northwestern Savings and Loan Association | Roosevelt Bank |
| Apr 12, 1983 | Ridgway Federal Savings & Loan Association | Northwest Bank |
| Apr 11, 1983 | Security Federal Savings & Loan Association | Colonial Federal Savings Bank |
| Apr 11, 1983 | McGee Federal Credit Union | Adelfi Credit Union dba Christian Community Credit Union |
| Apr 9, 1983 | First Virginia Mortgage Company | First Virginia Bank |
| Apr 9, 1983 | United Jersey Bank/North | Summit Bank |
| Apr 8, 1983 | Peoples Bank of St. Augustine | Florida National Bank |
| Apr 8, 1983 | Landmark Central Bank & Trust Company | Landmark North County Bank and Trust Company |
| Apr 7, 1983 | Local 213 Cincinnati Federal Credit Union | Trupartner Credit Union, Inc. |
| Apr 7, 1983 | Koehring Credit Union | Brewery Credit Union |
| Apr 6, 1983 | Wheat State Federal Employees Credit Union | Equishare Credit Union |
| Apr 6, 1983 | Miami Valley Chapter Credit Union | Freedom First Credit Union |
| Apr 6, 1983 | Treasure Coast Bankcorp, Inc. | Barnett Banks, Inc. |
| Apr 4, 1983 | North Middletown Deposit Bank | Kentucky Bank |
| Apr 4, 1983 | Security Trust Company of Palm Beach | Northern Trust Bank of Florida/Palm Beach National Association |
| Apr 4, 1983 | Coastal Federal Credit Union | Rev Federal Credit Union |
| Apr 1, 1983 | Sparta First FS&LA | Trans Financial Bank of Tennessee, Federal Savings 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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