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.
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 | The College Credit Union | Lanco Federal Credit Union |
| Jan 1, 1983 | Keeva Federal Credit Union | Commonwealth One Federal Credit Union |
| Jan 1, 1983 | Cambria Savings & Loan Association | First Federal Savings and Loan Association of Pittsburgh |
| Jan 1, 1983 | Chesapeake Savings and Loan Association | Life Savings Bank, FSB |
| Jan 1, 1983 | Williamsport Federal Savings & Loan Association | Founders Federal Savings & Loan Association |
| Jan 1, 1983 | Washburn Trust Company | Merrill Bank, N.A. |
| Jan 1, 1983 | University Loan and Building Company | Thrift Savings and Loan Company |
| Jan 1, 1983 | Tarrant Savings Association | Empire of America FSB |
| Jan 1, 1983 | Frisco Credit Union | Metro+ Federal Credit Union dba Metro Credit Union |
| Jan 1, 1983 | Security Savings and Loan Association | Virginia Commonwealth Bank |
| Jan 1, 1983 | Camden Loan & Building Association | The Eaton Loan and Home Aid Company |
| Jan 1, 1983 | BankEast/Lakes Region | Bankeast |
| Jan 1, 1983 | Commerce Bank of St. Louis, National Association | Commerce Bank of St. Louis, National Association |
| Jan 1, 1983 | United Savings & Loan Association | The United Home 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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