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 |
|---|---|---|
| Feb 12, 1983 | Metropolitan Savings Association | Empire Federal Savings Bank of America |
| Feb 11, 1983 | M-R Industries Credit Union | Holley Credit Union |
| Feb 11, 1983 | Hallandale Empl Fcu | We Florida Financial |
| Feb 11, 1983 | Santa Rosa Hosp Fcu | Santa Rosa County Federal Credit Union |
| Feb 11, 1983 | Wheatland Community Federal Credit Union | Meridian Trust Federal Credit Union |
| Feb 10, 1983 | Haywood County Employees Credit Union | Mountain Credit Union |
| Feb 9, 1983 | Illinois National Bancorp, Inc. | Midwest Financial Group, Inc. |
| Feb 9, 1983 | Champaign Bancorp, Inc. | Midwest Financial Group, Inc. |
| Feb 9, 1983 | Seaside Savings and Loan Association | Sun Savings and Loan Association |
| Feb 8, 1983 | Sweetwater Savings Association | Homestate Sa-Div of City S&LA |
| Feb 8, 1983 | Bank of Craig Bancshares, Inc. | Northwest Missouri Bancshares, Inc. |
| Feb 7, 1983 | National Bankers Trust | United National Bank - South |
| Feb 5, 1983 | Keowee Federal Savings and Loan Association | American Federal Bank, FSB |
| Feb 3, 1983 | Selma Educators Fcu | Craig Credit Union |
| Feb 3, 1983 | Pcga Fcu | Addition Financial Credit Union |
| Feb 2, 1983 | Pey Federal Credit Union | L&N Federal Credit Union |
| Feb 2, 1983 | Doctors Hosp Fcu | University of South Alabama Federal Credit Union |
| Feb 2, 1983 | St. Benedict Hospital Credit Union | Goldenwest Federal Credit Union |
| Feb 1, 1983 | Solano County Bank | (unnamed) |
| Feb 1, 1983 | Yazoo City Empl Cu | Mississippi Public Employees Federal Credit Union |
| Feb 1, 1983 | Tidewater Telco Credit Union | New Horizon Credit Union |
| Feb 1, 1983 | Printing Specialties Federal Credit Union | United Trades Federal Credit Union |
| Feb 1, 1983 | Rector Empl Cu | Security One Federal Credit Union |
| Feb 1, 1983 | Reading Savings Bank | MassBank |
| Feb 1, 1983 | Miamisburg Savings & Loan Association | Peoples Savings Bank |
| Feb 1, 1983 | Mount Nittany Savings & Loan Association | United Federal Savings Bank |
| Feb 1, 1983 | Albany Proctor & Gamble Empl Fcu | Heritage Bank of the South |
| Feb 1, 1983 | Hygrade Federal Credit Union | Sound Credit Union |
| Feb 1, 1983 | Mat Federal Credit Union | Three Rivers Federal Credit Union |
| Feb 1, 1983 | Transamerica Employees Federal Credit Union | Provident Credit Union |
| Feb 1, 1983 | Realty Investment Employees Federal Credit Union | Cu Hawaii Federal Credit Union |
| Feb 1, 1983 | Trident Cu | Cleveland Self Reliance Federal Credit Union |
| Feb 1, 1983 | Bank One of Kenton, N.A. | Bank One, Marion |
| Feb 1, 1983 | Ohio Savings and Loan Association | State Home Savings Bank, F.S.B. |
| Feb 1, 1983 | Family Savings and Loan Association | California Federal Bank, a Federal Savings Bank |
| Feb 1, 1983 | Oxford Bank & Trust Company | Merchants and Farmers Bank |
| Jan 31, 1983 | Milton Co-Operative Bank | Haymarket Co-operative Bank |
| Jan 31, 1983 | Guthrie County Investment Co. | Guthrie County Bancshares, Inc. |
| Jan 31, 1983 | Bradshaw Employees Federal Credit Union | Am Federal Credit Union |
| Jan 29, 1983 | The National Bank of Pawling | Key Bank of Southeastern New York National Association |
| Jan 29, 1983 | Valley Co-Operative Bank | Andover Bank |
| Jan 28, 1983 | Gulf Coast SCH Empl Fcu | Gulf Coast Community Federal Credit Union |
| Jan 24, 1983 | Home Federal Savings and Loan Association | Raleigh Federal Savings Bank |
| Jan 22, 1983 | Central Fidelity Bank, Northern Virginia | Central Fidelity Bank, N.A. |
| Jan 21, 1983 | Del Monte Honolulu Federal Credit Union | Hawaii Federal Credit Union |
| Jan 20, 1983 | Burr Oak Ril Credit Union | Central Credit Union of Illinois |
| Jan 17, 1983 | Metropolitan Bank Bloomington | Firstar MetroBank |
| Jan 17, 1983 | Lawrence Credit Union | Metro Credit Union |
| Jan 17, 1983 | Union Savings and Loan Association | Madison County Federal Savings and Loan Association |
| Jan 12, 1983 | Public Federal Savings and Loan Association of Chicago | Homewood Federal Savings and Loan Association |
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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