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 |
|---|---|---|
| Oct 13, 1983 | Suny Cobleskill Federal Credit Union | First New York Federal Credit Union |
| Oct 13, 1983 | G S H Federal Credit Union | The Health & Education Federal Credit Union |
| Oct 12, 1983 | The Bank of Dunbar | United Bank |
| Oct 11, 1983 | Citizens Bank of Manitowoc | Norwest Bank Wisconsin East Central |
| Oct 10, 1983 | Tinnerman Employees Federal Credit Union | Best Reward Federal Credit Union |
| Oct 8, 1983 | Alaha Cu | Max Credit Union |
| Oct 8, 1983 | The Third National Bank of Western Ohio | Society Bank, National Association |
| Oct 8, 1983 | United Peoples Bank | First City Bank and Trust Company |
| Oct 5, 1983 | (unnamed) | Minden Exchange Bank & Trust Company |
| Oct 4, 1983 | Security State Bank of Savage | Suburban National Bank |
| Oct 4, 1983 | Grove-Conway Employees Federal Credit Union | Carolina Trust Federal Credit Union |
| Oct 3, 1983 | First State Bank of Medford | Norwest Bank Owatonna, National Association |
| Oct 3, 1983 | Citizens Lakeshore Bank | Citizens Bank of Manitowoc |
| Oct 2, 1983 | San Marcos Community Credit Union | Velocity Credit Union |
| Oct 2, 1983 | First Bank and Trust of Lake Placid | (unnamed) |
| Oct 1, 1983 | The Farmers and Merchants State Bank | People's Trust Company |
| Oct 1, 1983 | Kanawha Valley Building | One Valley Bank, National Association |
| Oct 1, 1983 | American Affiliates, Inc. | 1st Source Corporation |
| Oct 1, 1983 | American National Bancorp., Inc. | 1st Source Corporation |
| Oct 1, 1983 | Florida Pharmacy Assn Cu | First Commerce Credit Union |
| Oct 1, 1983 | American National Bank and Trust Company of South Bend | Valley American Bank and Trust Company |
| Oct 1, 1983 | Wyman Gordon Credit Union | Sherwin Williams Employees Credit Union |
| Oct 1, 1983 | Independent Bank and Trust Company | United Jersey Bank/Franklin State |
| Oct 1, 1983 | Middletown National Bank | Community Bank & Trust, National Association |
| Oct 1, 1983 | Ingram Indust Crdit Assn Cu | Employees Credit Union |
| Oct 1, 1983 | Santa Cruz City Employees Credit Union | Bay Federal Credit Union |
| Oct 1, 1983 | Rochester Municipal Employees Credit Union | New Hampshire Federal Credit Union |
| Oct 1, 1983 | Bergen State Bank | Citizens First National Bank of New Jersey |
| Oct 1, 1983 | S.B.C.H Federal Credit Union | Santa Barbara County Federal Credit Union |
| Oct 1, 1983 | The Farmers National Bank of Quarryville | Susquehanna Bank |
| Oct 1, 1983 | The Antonio Savings and Loan Company | Guardian Savings Bank |
| Oct 1, 1983 | Roane Educators Fcu | Ten Credit Union |
| Oct 1, 1983 | Bank of Gaffney | Wachovia Bank of South Carolina, National Association |
| Oct 1, 1983 | C.B.C.C. Employees Federal Credit Union | SD Medical Federal Credit Union |
| Oct 1, 1983 | Graphic Arts Credit Union | Central Washington Federal Credit Union |
| Oct 1, 1983 | Controls Credit Union, Inc. | Cardinal Credit Union, Inc. |
| Oct 1, 1983 | Intrawest Bank of Denver, N.A. | Wells Fargo Bank (Colorado), National Association |
| Oct 1, 1983 | First Bank Southeast, N.A. | First Bank Southeast, National Association |
| Oct 1, 1983 | Interstate Federal Savings and Loan Association | Perpetual Savings Bank, Federal Savings Bank |
| Oct 1, 1983 | Herman Nelson Employees Credit Union | I. H. Mississippi Valley Credit Union |
| Oct 1, 1983 | Oregon Nurses Federal Credit Union | Legacy Federal Credit Union |
| Oct 1, 1983 | First Bank Southeast of West Kenosha | First Bank Southeast, National Association |
| Oct 1, 1983 | Scioto Building & Loan Corporation | Buckeye Federal Savings and Loan Association |
| Oct 1, 1983 | S.H.L. Employees Credit Union | Resource Federal Credit Union |
| Oct 1, 1983 | Heritage Federal Savings and Loan Association | Anchor Savings Bank, FSB |
| Oct 1, 1983 | First Bank Southeast of Darien | First Bank Southeast of Lake Geneva, National Association |
| Oct 1, 1983 | Wychester Federal Credit Union | Benchmark Federal Credit Union |
| Oct 1, 1983 | I O F M and S Federal Credit Union | Link Federal Credit Union |
| Oct 1, 1983 | Bank of Harpers Ferry | Potomac Bank, Inc. |
| Oct 1, 1983 | Basic Empl Fcu | Emerald Coast Federal Credit Union |
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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