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 |
|---|---|---|
| Mar 3, 1983 | Leader Savings & Loan Association | Pelican HMSTD & Sa |
| Mar 3, 1983 | Fort McCoy Federal Credit Union | R I a Federal Credit Union |
| Mar 2, 1983 | Independent Metals Federal Credit Union | Frick Financial Federal Credit Union |
| Mar 2, 1983 | Industrial Credit Union | Processors - Industrial Community Credit Union |
| Mar 1, 1983 | Gem Federal Savings and Loan Association | Gem Savings Association |
| Mar 1, 1983 | (unnamed) | The Saver's Bank |
| Mar 1, 1983 | Lincoln Homestead Federal Savings and Loan Association | Great Financial Bank, FSB |
| Mar 1, 1983 | Body Crafters Federal Credit Union | Chief Financial Federal Credit Union |
| Mar 1, 1983 | Bliss and Laughlin Industries Employees Federal Credit Union | Lakeside Federal Credit Union |
| Mar 1, 1983 | Standard T Employees Federal Credit Union | Lakeside Federal Credit Union |
| Mar 1, 1983 | Southern Assn of Medical Emp Fcu | Fidelity Federal Credit Union |
| Mar 1, 1983 | Plymouth Alumni Building and Loan Association | Freedom Valley Federal Savings & Loan Association |
| Mar 1, 1983 | Provident Savings & Loan Association of Wissinoming | Port Richmond Savings |
| Mar 1, 1983 | Farmers and Traders National Bank of Hillsboro | Star Bank, National Association, Hillsboro |
| Mar 1, 1983 | Elmac Federal Credit Union | Metro Community Federal Credit Union |
| Mar 1, 1983 | Clarke FS&LA | Fulton Federal Savings Association |
| Mar 1, 1983 | Ibew #413 Federal Credit Union | Coasthills Federal Credit Union |
| Mar 1, 1983 | First Federal Savings & Loan Association | Town Square Bank |
| Mar 1, 1983 | First Summit Savings and Loan Association | Silverado Banking Savings and Loan Association |
| Mar 1, 1983 | Carondelet Savings and Loan Association | Community Federal Savings and Loan Association |
| Mar 1, 1983 | First Savings and Loan Association | First Savings of Arkansas, F.A. |
| Mar 1, 1983 | The Citizens National Bank of Knightstown | Security National Bank |
| Mar 1, 1983 | Midlantic National Bank/Atlantic | Midlantic National Bank/South |
| Mar 1, 1983 | Reformed Building & Loan Association | Port Richmond Savings |
| Mar 1, 1983 | Home Federal Savings & Laon Association | Valley Savings Bank, F.S.B. |
| Mar 1, 1983 | First Federal Savings and Loan Association of Moberly | Community Federal Savings and Loan Association |
| Mar 1, 1983 | United Savings Association | Gem Savings Association |
| Mar 1, 1983 | Erie County Bank | Society Bank of the Firelands |
| Mar 1, 1983 | Kenilworth State Bank | United Counties Trust Company |
| Mar 1, 1983 | Domore Employees Federal Credit Union | Chiphone Federal Credit Union |
| Mar 1, 1983 | J.M.C. Hospital Employees Credit Union | Leaders Credit Union |
| Mar 1, 1983 | Nassau County State Bank | First Union National Bank of Florida |
| Mar 1, 1983 | Economy Savings & Loan Association | Quaint Oak Bank |
| Mar 1, 1983 | Ocean Springs SCH Dist Cu | Keesler Federal Credit Union |
| Mar 1, 1983 | College Point Savings Bank | Home Savings of America, SSB |
| Feb 28, 1983 | Granite State Savings Bank | Southeast Bank for Savings |
| Feb 28, 1983 | Time Associates, Inc. | Eagle Bancorporation, Inc. |
| Feb 24, 1983 | I. R. S. Federal Credit Union | Aspire Federal Credit Union |
| Feb 22, 1983 | Great American Banks, Inc. | Barnett Banks, Inc. |
| Feb 22, 1983 | Kennett Savings and Loan Association | Southern Bank |
| Feb 19, 1983 | National Savings Bank | People's United Bank, National Association |
| Feb 19, 1983 | Bloomfield Savings Bank | Provident Bank |
| Feb 17, 1983 | Imcoserv Cu | First Service Credit Union |
| Feb 17, 1983 | Suwannee County Bancorporation | NCNB Bancorporation, Inc. |
| Feb 17, 1983 | Security Savings and Loan Association | Gem City Federal Savings and Loan Association |
| Feb 17, 1983 | The First National Exchange Bank of Montgomery County | First Union National Bank of Virginia |
| Feb 16, 1983 | State Employees-Syracuse Federal Credit Union | Broadview Federal Credit Union |
| Feb 15, 1983 | Bank of Tuscumbia | Lake National Bank |
| Feb 15, 1983 | Motran Credit Union | Westmark Credit Union |
| Feb 15, 1983 | Falstaff Plant No 8 Empl Cu | Coastal Community Federal 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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