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 |
|---|---|---|
| Aug 16, 1983 | Newark Sunoco Employees Federal Credit Union | Sun East Federal Credit Union |
| Aug 16, 1983 | S.E.S. Federal Credit Union | The Summit Federal Credit Union |
| Aug 16, 1983 | Dresser-Depew Employees Federal Credit Union | Crossroads Community Federal Credit Union |
| Aug 16, 1983 | The Ashville Bank | The Savings Bank |
| Aug 15, 1983 | Gibraltar Savings and Loan Association | Roosevelt Bank |
| Aug 15, 1983 | The First National Bank of Southern Maryland of Upper Marlboro | Allfirst Bank |
| Aug 15, 1983 | Maumee Valley National Bank | Maumee Valley National Bank |
| Aug 15, 1983 | Standard Dairy Federal Credit Union | Legacy Federal Credit Union |
| Aug 12, 1983 | Lipton Santa Cruz Federal Credit Union | Bay Federal Credit Union |
| Aug 12, 1983 | Greater Jersey Bancorp. | Midlantic Banks Inc. |
| Aug 12, 1983 | The Waco Deposit Bank | Richmond Bank and Trust Company |
| Aug 12, 1983 | Shoals National Bank of Florence | AmSouth Bank |
| Aug 10, 1983 | Crawford C E Federal Credit Union | One Federal Credit Union |
| Aug 9, 1983 | Elizabeth Savings Bank | Constellation Bank, National Association |
| Aug 9, 1983 | Winchester Federal Credit Union | Potlatch NO.1 Financial Credit Union |
| Aug 8, 1983 | The West End National Bank of Shamokin | First Susquehanna Bank & Trust |
| Aug 6, 1983 | American Savings, a Federal Association | American Savings and Loan Association |
| Aug 5, 1983 | Little Heiskel Federal Credit Union | Bull Dog Federal Credit Union |
| Aug 5, 1983 | First Danvers Corporation | Sangamon Banc Shares, Inc. |
| Aug 5, 1983 | Middle Peninsula-Northern Neck Federal Savings and Loan Association | CrossLand Savings, FSB |
| Aug 2, 1983 | Newark Savings & Loan Association | Transohio Federal Savings Bank |
| Aug 2, 1983 | Cincinnati Savings Association | Transohio Federal Savings Bank |
| Aug 1, 1983 | Heritage Bank | Heritage Bank |
| Aug 1, 1983 | Fulton Bancshares, Inc. | Heritage Bancshares, Inc. |
| Aug 1, 1983 | Manufacturers Bancorp, Inc. | Ameribanc, Inc. |
| Aug 1, 1983 | Paul Harris Employees Federal Credit Union | Indiana Members Credit Union |
| Aug 1, 1983 | Nassau Trust Company | Fleet Bank |
| Aug 1, 1983 | Artco-Bell Cu | Texell Credit Union |
| Aug 1, 1983 | South Eastern Kentucky Federal Credit Union | L&N Federal Credit Union |
| Aug 1, 1983 | Trisco Federal Credit Union | Black Hills Federal Credit Union |
| Aug 1, 1983 | The Central Credit Union | South Carolina Federal Credit Union |
| Aug 1, 1983 | Steel Country Cu | North East Texas Credit Union |
| Aug 1, 1983 | NBG Cobb Bank | First American Bank of Georgia N.A. (In Liquidation) |
| Aug 1, 1983 | Lake Med Federal Crdit Union | Vacationland Federal Credit Union |
| Aug 1, 1983 | Great American Bank of Gainesville | Barnett Bank of Alachua County, National Association |
| Aug 1, 1983 | NBG Clayton Bank | First American Bank of Georgia N.A. (In Liquidation) |
| Aug 1, 1983 | Fayetteville Federal Savings and Loan Association | First Empire Federal Savings and Loan Association |
| Aug 1, 1983 | Orthodox Christian Credit Union | Pse Credit Union, Inc. |
| Aug 1, 1983 | First Mitchell National Bank | Wells Fargo Bank South Dakota, N.A. |
| Aug 1, 1983 | Marion Public Employees Credit Union | Corda Credit Union |
| Aug 1, 1983 | United Bank and Trust of Madison | Valley Bank, Madison |
| Aug 1, 1983 | JMM Employees Federal Credit Union | Pasadena Federal Credit Union |
| Aug 1, 1983 | Las Vegas Employees Federal Credit Union | One Nevada Credit Union |
| Aug 1, 1983 | Kimberly State Bank | Associated Appleton Bank |
| Aug 1, 1983 | Bundy Tubing Employees Federal Credit Union | Federal Mogul Employees Federal Credit Union |
| Aug 1, 1983 | Clearwater Beach Bank | Bank of Clearwater |
| Aug 1, 1983 | CGH Empl Fcu | Membersfirst Credit Union |
| Aug 1, 1983 | Hammond Steel Workers Federal Credit Union | Lakeside Federal Credit Union |
| Aug 1, 1983 | Cumberland Valley Savings & Loan Association | Hill Financial Savings Association |
| Aug 1, 1983 | Saint John the Baptist Catholic Credit Union | Holy Rosary 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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