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 |
|---|---|---|
| Apr 1, 1983 | First Federal Savings and Loan Association of Jackson | First Federal Savings and Loan Association of Kalamazoo |
| Apr 1, 1983 | Heritage Bank | Bank One, Youngstown, National Association |
| Apr 1, 1983 | U.P.I. Employees Credit Union | The Municipal Federal Credit Union |
| Apr 1, 1983 | Combank/union Park | Freedom Federal Savings Bank |
| Apr 1, 1983 | Combank/apopka | Freedom Federal Savings Bank |
| Mar 31, 1983 | Avin Federal Credit Union | Excite Credit Union |
| Mar 31, 1983 | Union Commerce Corporation | Huntington Bancshares Incorporated |
| Mar 31, 1983 | Lamoni Bancshares, Inc. | Starr Ban Company |
| Mar 31, 1983 | Checotah Building and Loan Association | Cross Roads Savings and Loan Association, F.A. |
| Mar 31, 1983 | Glenn County Grangers Credit Union | Butte Federal Credit Union |
| Mar 31, 1983 | South Continental Industrial Bank | Manufacturers Hanover Industrial Bank |
| Mar 31, 1983 | Lassen Grangers Federal Credit Union | Butte Federal Credit Union |
| Mar 31, 1983 | Southern Bear State Credit Union | California Bear Credit Union |
| Mar 31, 1983 | East TN Educators Cu | Ten Credit Union |
| Mar 31, 1983 | Tehama Grange Federal Credit Union | Butte Federal Credit Union |
| Mar 31, 1983 | Occidental College Federal Credit Union | Glendale Area Schools Credit Union |
| Mar 31, 1983 | Superscope Employees Federal Credit Union | E-Central Credit Union |
| Mar 31, 1983 | The Gainesville National Bank | Wachovia Bank of Georgia, National Association |
| Mar 31, 1983 | Lake-Grangers Credit Union | Butte Federal Credit Union |
| Mar 31, 1983 | The First National Bank of Frankford | The Sussex Trust Company |
| Mar 28, 1983 | East Brook-Woodland Area Federal Credit Union | Preferred Credit Union |
| Mar 25, 1983 | People's Savings Bank | People's Savings Bank |
| Mar 22, 1983 | G. T. Employees Credit Union | Grand Trunk Battle Creek Employees Federal Credit Union |
| Mar 22, 1983 | Duquesne University Federal Credit Union | Little Giant Federal Credit Union |
| Mar 21, 1983 | American Federal Savings and Loan Association | American Savings Bank |
| Mar 21, 1983 | Standard Federal Savings and Loan Association | Anchor Savings Bank, FSB |
| Mar 21, 1983 | United National Bank | First American Bank and Trust |
| Mar 19, 1983 | The Thurmont Bank | NationsBank, National Association |
| Mar 19, 1983 | Suburban Bank/Western | NationsBank, National Association |
| Mar 19, 1983 | BayBank Merchants, N. A. | BayBank Southeast, National Association |
| Mar 17, 1983 | First Federal Savings and Loan Association | East Coast Savings Bank, SSB |
| Mar 17, 1983 | Ramapo Valley Cooperative Federal Credit Union | Greater Alliance Federal Credit Union |
| Mar 17, 1983 | Cross Creek Federal Savings and Loan Association | East Coast Savings Bank, SSB |
| Mar 17, 1983 | Father Lord K of C Credit Union | Michigan Columbus Federal Credit Union |
| Mar 16, 1983 | International Office Federal Credit Union | Central Credit Union of Illinois |
| Mar 16, 1983 | RF Products Employees Federal Credit Union | First Harvest Federal Credit Union |
| Mar 16, 1983 | Henry County Bank | Southland Bank b/b/a Ameris |
| Mar 14, 1983 | S. S. White Employees Federal Credit Union | First Financial Federal Credit Union |
| Mar 11, 1983 | Lloyd Employees Federal Credit Union | Integra First Federal Credit Union |
| Mar 11, 1983 | Great Falls Federal Credit Union | North Jersey Federal Credit Union |
| Mar 11, 1983 | Gear Motors Federal Credit Union | North Jersey Federal Credit Union |
| Mar 11, 1983 | Bridgeport U I Employees Federal Credit Union | United Shoreline Federal Credit Union |
| Mar 11, 1983 | Ellis First Park Bank | Ellis National Bank of Pinellas County |
| Mar 10, 1983 | Stevenson Credit Union | Lacamas Community Credit Union |
| Mar 7, 1983 | Pasadena Federal Savings and Loan Association | Cenfed Bank, a Federal Savings Bank |
| Mar 7, 1983 | Great Southern Bancshares, Inc. | Houston Bancshares Inc |
| Mar 7, 1983 | First Federal Savings and Loan Association | First Standard Federal Savings Association |
| Mar 7, 1983 | Peninsula Savings and Loan Association, Federal Association | Bay Savings Bank FSB |
| Mar 5, 1983 | Citizens State Bank | Wachovia Bank of Georgia, National Association |
| Mar 3, 1983 | M-WH Employees Federal Credit Union | Achieve Financial 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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