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 |
|---|---|---|
| Sep 9, 1983 | United Jersey Bank/Central | United Jersey Bank/Central, National Association |
| Sep 9, 1983 | Citizens National Bank of Limestone County | AmSouth Bank |
| Sep 8, 1983 | N a D Employees Federal Credit Union | Boulevard Federal Credit Union |
| Sep 8, 1983 | Portsmouth NH Municipal Employees Federal Credit Union | Lighthouse Federal Credit Union |
| Sep 6, 1983 | La Fontaine Bank | Norwest Bank Wabash, National Association |
| Sep 6, 1983 | First National Bank of New Jersey | First Fidelity Bank, National Association, North Jersey |
| Sep 2, 1983 | LMC Federal Credit Union | Alliance Credit Union |
| Sep 1, 1983 | Washington Federal Savings and Loan Association | Ensign Federal Savings Bank |
| Sep 1, 1983 | Mhe Merced Federal Credit Union | Merco Credit Union |
| Sep 1, 1983 | The Charter Oak Bank and Trust Company | Bank of Boston Connecticut |
| Sep 1, 1983 | Community FS&LA | Ensign Federal Savings Bank |
| Sep 1, 1983 | Livermore State Bank | Mercantile Bank of Humboldt County |
| Sep 1, 1983 | Forsberg Credit Union | Heartland Credit Union |
| Sep 1, 1983 | First Federal Savings and Loan Association of East Chicago | Citizens Financial Bank |
| Sep 1, 1983 | The Essex Bank | Constellation Bank, National Association |
| Sep 1, 1983 | Goshen Savings and Loan Association | MSB Bank |
| Sep 1, 1983 | Duffin Employees Credit Union | Community Star Credit Union, Inc. |
| Sep 1, 1983 | Casco Bank & Trust Company | Casco Northern Bank, N.A. |
| Sep 1, 1983 | Canal National Bank | Key Bank of Southern Maine |
| Sep 1, 1983 | Livingston Savings & Loan Association | Jasper Federal Savings & Loan Association |
| Sep 1, 1983 | First National Bank of Thomasville-Thomas County | SunTrust Bank, South Georgia, National Association |
| Sep 1, 1983 | The Peoples National Bank of Wapakoneta | The Fifth Third Bank of Western Ohio, National Association |
| Sep 1, 1983 | Nuams Cu | Louisiana Central Credit Union |
| Sep 1, 1983 | Gary Federal Savings and Loan Association | Citizens Financial Bank |
| Sep 1, 1983 | Iron Workers Local 396 Credit Union | Arsenal Credit Union |
| Sep 1, 1983 | Bankers Trust Company | Crestar Bank |
| Sep 1, 1983 | Bank One of Ravenna, N.A. | Bank One, Akron, National Association |
| Aug 31, 1983 | Citizens Federal Savings and Loan Association | Equitable Federal Savings Bank |
| Aug 31, 1983 | First Stillwater Building Corporation | The First National Bank and Trust Company of Stillwater |
| Aug 31, 1983 | Citizens State Banco | CSB Banco, Inc. |
| Aug 31, 1983 | Lorin Investment Co., Inc. | United Banks of Colorado, Inc. |
| Aug 31, 1983 | Saint Charles Onized Federal Credit Union | Altonized Community Federal Credit Union |
| Aug 31, 1983 | Security Federal Savings and Loan Association of Staten Island | Northfield Bank |
| Aug 30, 1983 | Cheltenham Corporation | Independence Bancorp, Inc. |
| Aug 30, 1983 | Bassick-Sack Credit Union | Bragg Mutual Federal Credit Union |
| Aug 29, 1983 | State Bank for Savings | People's United Bank, National Association |
| Aug 27, 1983 | The Farmers & Merchants Bank | NationsBank of South Carolina, National Association |
| Aug 26, 1983 | South Berkeley National Bank | Huntington Bank Martinsburg National Association |
| Aug 26, 1983 | (unnamed) | AmSouth Bank |
| Aug 26, 1983 | Atlas Cu | Members First Credit Union |
| Aug 24, 1983 | Lux Time Employees Federal Credit Union | McKesson Federal Credit Union |
| Aug 23, 1983 | Niagara University Federal Credit Union | Alliance Niagara Federal Credit Union |
| Aug 22, 1983 | Veterans Admininstration Employees Federal Credit Union | Advantage Financial Federal Credit Union |
| Aug 20, 1983 | Windsor Federal Savings & Loan Association | Vermont Federal Bank, FSB |
| Aug 20, 1983 | Brewer Savings Bank | Maine Savings Bank |
| Aug 19, 1983 | Stratton Baldwin Employees Federal Credit Union | Louisiana Central Credit Union |
| Aug 19, 1983 | Deposit Insurance National Bank of Oklahoma City | Charter National Bank |
| Aug 19, 1983 | Atlantic Bank and Trust Company | Bank South |
| Aug 19, 1983 | Guterel Employees Federal Credit Union | Cornerstone Community Federal Credit Union |
| Aug 19, 1983 | The American National Bank of Huntsville | 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.
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