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 |
|---|---|---|
| Nov 5, 1983 | Butte County Bank | First Security Bank of Idaho, National Association |
| Nov 5, 1983 | Park National Bank of Knoxville | First American National Bank |
| Nov 3, 1983 | New Bern Savings and Loan Association | North State Savings and Loan Corporation |
| Nov 3, 1983 | Edens Bancshares, Inc. | NC Bancorp, Inc. |
| Nov 1, 1983 | Babcock & Wilcox Wilmington | Marine Federal Credit Union |
| Nov 1, 1983 | Seminole Bancorporation | Florida National Banks of Florida, Inc. |
| Nov 1, 1983 | Heritage Savings Association | Peoples Heritage Savings, a Federal Savings and Loan Associatin |
| Nov 1, 1983 | Bay Area Foods Credit Union | Moore West Federal Credit Union |
| Nov 1, 1983 | Peoples Federal Savings and Loan Association of Chillicothe | Westinghouse Federal Bank, A Federal Savings Bank |
| Nov 1, 1983 | Se Home Furnishing Cu | Americas First Federal Credit Union |
| Nov 1, 1983 | The First National Bank of New Castle | First National Bank |
| Nov 1, 1983 | North Phoenix Catholic Federal Credit Union | First Credit Union |
| Nov 1, 1983 | Waltipsco Cu | Velocity Credit Union |
| Nov 1, 1983 | Suburban National Bank of Martinsburg | One Valley Bank-East, N.A. |
| Nov 1, 1983 | Dupage County Postal Credit Union | Dupage Credit Union |
| Nov 1, 1983 | The First National Bank of Gibson County | (unnamed) |
| Nov 1, 1983 | Tropic Bank of Seminole | Florida National Bank |
| Nov 1, 1983 | First State Bank of Babbitt | First Bank Minnesota (National Association) |
| Nov 1, 1983 | Glendale Federal Credit Union | Arizona Financial Credit Union |
| Nov 1, 1983 | Burroughs Employees Credit Union | Genisys Credit Union dba Genisys Investment Services |
| Nov 1, 1983 | The Peoples Bank | Bank One, Mansfield |
| Nov 1, 1983 | State Bank of Keysville | Crestar Bank |
| Nov 1, 1983 | Archdiocesan Fcu | La Capitol Federal Credit Union |
| Nov 1, 1983 | Revere Savings and Loan Association | Roselle Bank |
| Nov 1, 1983 | The First National Bank of Newville | CCNB Bank, National Association |
| Nov 1, 1983 | Labor Circle Credit Union | Brotherhood Credit Union |
| Nov 1, 1983 | Livermore Employees Credit Union | Uncle Credit Union |
| Nov 1, 1983 | Life Federal Savings and Loan Association | Sunrise Bank for Savings, F.S.B. |
| Oct 31, 1983 | Woodlawn Building and Loan Association | Concord Liberty Federal Savings and Loan Association |
| Oct 31, 1983 | Cleveland Community Savings | Superior Federal Savings Association |
| Oct 31, 1983 | Saint Francis Hospital Employees Federal Credit Union | Centris Federal Credit Union |
| Oct 31, 1983 | Workingmens Building and Loan Association | Concord Liberty Federal Savings and Loan Association |
| Oct 31, 1983 | Hilti Employees Federal Credit Union | Oklahoma Central Credit Union |
| Oct 30, 1983 | Plymouth Citrus Products Cu | Addition Financial Credit Union |
| Oct 29, 1983 | Citizens-Union Savings Bank | BayCoast Bank |
| Oct 29, 1983 | Ncawa Credit Union | Automotive Aftermarket Employees Federal Credit Union |
| Oct 28, 1983 | Pasny Employees Federal Credit Union | Sea Comm Federal Credit Union |
| Oct 28, 1983 | The Bank of East Alabama | AmSouth Bank |
| Oct 27, 1983 | St. Luke's Memorial HOSP. CTR. EMP. Federal Credit Union | G.P.O. Federal Credit Union |
| Oct 27, 1983 | Andrus Federal Credit Union | Ep Federal Credit Union |
| Oct 25, 1983 | Ryerson Employees Credit Union | Midwest Credit Union |
| Oct 25, 1983 | Jacobs Employees Federal Credit Union | Asa Federal Credit Union |
| Oct 25, 1983 | Safe Haven Federal Credit Union | Aspire Federal Credit Union |
| Oct 25, 1983 | Ilc Employees Federal Credit Union | Teachers Federal Credit Union |
| Oct 25, 1983 | Emhart Employees Federal Credit Union | Asa Federal Credit Union |
| Oct 24, 1983 | Fairfield Columbian Credit Union | Sierra Central Credit Union |
| Oct 19, 1983 | Westinghouse Meter Division E Federal Credit Union | W.K. Federal Credit Union |
| Oct 15, 1983 | Norris Bancor Ltd. | Van Buren Bancorporation |
| Oct 14, 1983 | Baldwin National Bank | AmSouth Bank |
| Oct 14, 1983 | The American National Bank & Trust Company of Mobile | AmSouth 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.
Explore: all mergers · 1983 bank events · browse by acquirer · bank failures · all events