Skip to main content

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
1,064
All merger records
1983 in US banking ›

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 State Assets Acquirer
Dec 31, 1983 North Shore State Bank MN — North Shore Bank of Commerce
Dec 31, 1983 Indiana Bank and Trust Company of Fort Wayne IN — Summit Bank
Dec 31, 1983 Northeastern Bank NJ — Chemical Bank New Jersey, National Association
Dec 31, 1983 Central Bank of Mississippi MS — First United Bank
Dec 31, 1983 First & Merchants National Bank VA — NationsBank, National Association
Dec 31, 1983 Piedmont Bank and Trust Company NC — Wachovia Bank, N.A.
Dec 31, 1983 The First National Bank of Lexington VA — First American Bank of Virginia
Dec 31, 1983 Valley Bank VA — First American Bank of Virginia
Dec 31, 1983 The Peoples National Bank of Leesburg VA — First American Bank of Virginia
Dec 31, 1983 Northwestern Bank and Trust Company MO — General Bank
Dec 31, 1983 The C & S Bank of Tifton GA — NationsBank, National Association (South)
Dec 31, 1983 First Trust and Savings Bank TN — First American Bank
Dec 31, 1983 United Savings and Loan Association of Troy IL — Madison County Federal Savings and Loan Association
Dec 31, 1983 Fidelity Federal Savings and Loan Association AZ — Pima Federal Savings and Loan Association
Dec 31, 1983 The Wise County National Bank VA — NationsBank, National Association

Biggest bank failures by assets ›

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 State Acquirer
Dec 1, 1983 First Savings and Loan Association of Sycamore IL United Savings of America
Dec 1, 1983 Panair Cu FL People's Alliance Federal Credit Union
Dec 1, 1983 The Mattatuck Bank and Trust Company CT Fleet National Bank
Dec 1, 1983 The Greenville Bank AL The Peoples Bank & Trust Company
Dec 1, 1983 Cape Fear Federal Credit Union NC Marine Federal Credit Union
Dec 1, 1983 Great American Bank of Pinellas FL Barnett Bank of Pinellas County, National Association
Dec 1, 1983 Worth Federal Savings and Loan Association IL United Savings of America
Dec 1, 1983 Gage Bros Employee Federal Credit Union SD First Century Federal Credit Union
Dec 1, 1983 Sun City Center Bank FL Sun Bank/Hillsborough
Dec 1, 1983 Buena Vista Loan & Savings Bank GA Synovus Bank
Dec 1, 1983 Booster Savings & Loan Association PA Heritage Savings & Loan Association
Nov 30, 1983 Lamott Building & Loan Association PA Berean Bank
Nov 30, 1983 DRC Employees Credit Union NH Lighthouse Federal Credit Union
Nov 30, 1983 Downing Box Employees Credit Union IA Quaker Oats Employees Credit Union
Nov 30, 1983 Nueces Bay Indust a Cu TX Members First Credit Union
Nov 30, 1983 Princeton Cooperative Credit Union MN Blaze Credit Union
Nov 30, 1983 The Bank of Commerce GA Wachovia Bank of Georgia, National Association
Nov 29, 1983 Credit Union One Inc OH Trupartner Credit Union, Inc.
Nov 28, 1983 Wharton Brook Credit Union CT Connecticut Federal Credit Union
Nov 26, 1983 Clay County Federal Savings and Loan Association MS Eastover BK SVG
Nov 22, 1983 (unnamed) — Union Bank and Trust Company
Nov 21, 1983 SouthTrust Bank of Piedmont, National Association AL SouthTrust Bank of Calhoun County, National Association
Nov 21, 1983 Fall River Trust Company MA Bank of Boston-Bristol, National Association
Nov 21, 1983 Plow Sharers Credit Union KY L&N Federal Credit Union
Nov 21, 1983 Cumberland Savings Bank MD First United Bank & Trust
Nov 21, 1983 Citizens Bank of North Bend OR Security Bank
Nov 21, 1983 Chemstrand Employees Federal Credit Union NC R T P Federal Credit Union
Nov 19, 1983 Steinfelds Employees Federal Credit Union AZ Tucson Old Pueblo Credit Union
Nov 19, 1983 Peachtree Bancshares, Inc. GA Suntrust Banks of Georgia, Inc.
Nov 19, 1983 Standard Savings and Loan Association NC First Home Federal Savings and Loan Association
Nov 19, 1983 The Oneida County Savings Bank NY Onbank
Nov 18, 1983 The First National Bank of Autauga County AL AmSouth Bank
Nov 18, 1983 Champlin Employees Federal Credit Union OK Tinker Federal Credit Union
Nov 16, 1983 Pascagoula S&LA MS Magnolia Federal Bank for Savings
Nov 16, 1983 First State Bank GA Century South Bank of Central Georgia, National Association
Nov 16, 1983 Exchange Bank of Wrightsville GA Century South Bank of Central Georgia, National Association
Nov 15, 1983 Picker Connecticut Employees Federal Credit Union CT First Connecticut Credit Union
Nov 15, 1983 Garment Workers of Springfield Federal Credit Union MA Luso Federal Credit Union
Nov 14, 1983 Central Fidelity Bank, N.A. VA Central Fidelity National Bank
Nov 12, 1983 First National Bank of Elyria OH National City Bank
Nov 11, 1983 Miners and Merchants Bank SD First National Bank
Nov 11, 1983 The City National Bank of Selma AL AmSouth Bank
Nov 11, 1983 Mansfield Plating Employee Credit Union OH Trupartner Credit Union, Inc.
Nov 11, 1983 Ohio County Community Federal Credit Union WV First Choice America Community Federal Credit Union
Nov 11, 1983 South Bend Federal Savings and Loan Association IN Standard Federal Bank
Nov 11, 1983 Fort Wayne Federal Savings and Loan Association IN Standard Federal Bank
Nov 11, 1983 First Federal Savings and Loan Association of Fort Wayne IN Standard Federal Bank
Nov 11, 1983 American Federal Savings and Loan Association IN Standard Federal Bank
Nov 7, 1983 Citizens National Bank WV Bank One, West Virginia, St. Albans, National Association
Nov 7, 1983 Community National Bank of Quincy IL First Bankers Trust Company, N.A.

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

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.

Explore: all mergers · 1983 bank events · browse by acquirer · bank failures · all events