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 |
|---|---|---|
| Jan 1, 1983 | Commonwealth Bank and Trust Company | Patriot Bank/Brookline Trust Company |
| Jan 1, 1983 | Carpenters Local 396 Federal Credit Union | Langley Federal Credit Union |
| Jan 1, 1983 | The Hunterdon County National Bank of Flemington | First Fidelity Bank, National Association, West Jersey |
| Jan 1, 1983 | Norfolk Police Credit Union | Norfolk Municipal Federal Credit Union |
| Jan 1, 1983 | Willamette Falls State Bank | United Bank of Oregon |
| Jan 1, 1983 | Ef Macdonald Employees Federal Credit Union | Day Air Credit Union, Inc. |
| Jan 1, 1983 | Raytown Federal Savings and Loan Association | Blue Valley Federal Savings and Loan Association |
| Jan 1, 1983 | Fidelity FS&LA | California Federal Bank, a Federal Savings Bank |
| Jan 1, 1983 | Park County Federal Credit Union | SKY Federal Credit Union |
| Jan 1, 1983 | Rose Employees Credit Union | Archer Heights Credit Union |
| Jan 1, 1983 | Central Carolina Bank | First National Bank of South Carolina |
| Jan 1, 1983 | United Bank of Green Bay | M&I Bank Northeast |
| Jan 1, 1983 | Ashland Home Federal Savings & Loan Association | Industrial Savings and Loan Association |
| Jan 1, 1983 | Saint Davids Building and Loan Association | Bell Federal Savings Bank |
| Jan 1, 1983 | Commonwealth Bank/Norfolk | Patriot Bank/Brookline Trust Company |
| Jan 1, 1983 | First Federal Savings and Loan Association | Home Federal Savings and Loan Association of Nebraska |
| Jan 1, 1983 | Barcal Employees Federal Credit Union | Harbor Federal Credit Union |
| Jan 1, 1983 | Twin Boro Federal Savings and Loan Association | Marine View Federal Savings Bank |
| Jan 1, 1983 | Statewide Savings and Loan Association | Empire Federal Savings Bank of America |
| Jan 1, 1983 | Lafayette Federal Savings and Loan Association | Capital Federal Savings and Loan Association |
| Jan 1, 1983 | Friendly City Federal Savings & Loan Association | First Federal Savings and Loan Association of Pittsburgh |
| Jan 1, 1983 | U.F.C.W. Local 899 Federal Credit Union | Santa Barbara County Federal Credit Union |
| Jan 1, 1983 | Powerine Employees Federal Credit Union | Prospectors Federal Credit Union |
| Jan 1, 1983 | The Farmers Bank | Trust Company Bank of Henry County, National Association |
| Jan 1, 1983 | Northwest Brenton National Bank | Brenton Bank |
| Jan 1, 1983 | (unnamed) | The Connecticut Bank and Trust Company, N.A. |
| Jan 1, 1983 | First Susquehanna Savings Association | Central Pennsylvania Savings Association, F.A. |
| Jan 1, 1983 | First Federal Savings and Loan Association | Mid Kansas Savings and Loan Association, F.A. |
| Jan 1, 1983 | Midtown Savings and Loan Association | Carteret Federal Savings Bank |
| Jan 1, 1983 | The Independent Bank of Sandy | United Bank of Oregon |
| Jan 1, 1983 | Brooks Federal Credit Union | Hurricane Creek Employees Federal Credit Union |
| Jan 1, 1983 | Marion Federal Savings & Loan Association | Home Federal Savings and Loan Association |
| Jan 1, 1983 | Plantronics Federal Credit Union | Patelco Credit Union |
| Jan 1, 1983 | BankEast, National Association | Bankeast |
| Jan 1, 1983 | The Bank of Lancaster | First National Bank of South Carolina |
| Jan 1, 1983 | CIT-Con Empl Cu | Cse Federal Credit Union |
| Jan 1, 1983 | Honey Capital Cu | Security Service Federal Credit Union |
| Jan 1, 1983 | Bass River Savings Bank | Neworld Bank |
| Jan 1, 1983 | Mansfield Building and Loan Association | Equitable Federal Savings Bank |
| Jan 1, 1983 | E P E Federal Credit Union | Chiphone Federal Credit Union |
| Jan 1, 1983 | J & L Seamless Tube Employees Federal Credit Union | Friendly Federal Credit Union |
| Jan 1, 1983 | Farmers Savings & Loan Association | FFY Bank |
| Jan 1, 1983 | Illinois Latvian Federal Credit Union | Heritage Credit Union |
| Jan 1, 1983 | Barry Public Employees Credit Union | Thornapple Credit Union |
| Jan 1, 1983 | Bank of Summer Shade | Edmonton State Bank |
| Jan 1, 1983 | Tampa FS&LA | Glendale Federal Bank, Federal Savings Bank |
| Jan 1, 1983 | House of Stainless Credit Union | Archer Heights Credit Union |
| Jan 1, 1983 | Whidbey Federal Credit Union | Global Federal Credit Union |
| Jan 1, 1983 | Houlton Trust Company | Merrill Bank, N.A. |
| Jan 1, 1983 | Hastings-On-hudson Federal Savings and Loan Association | Astoria 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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