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 1, 1983 | Cimi Federal Credit Union | Navy Federal Credit Union |
| Aug 1, 1983 | Bobs Candies Empl Fcu | Heritage Bank of the South |
| Aug 1, 1983 | Northeast Bank of Clearwater | Bank of Clearwater |
| Aug 1, 1983 | First Bank (N.A.) - Duluth-West | First Bank North, National Association |
| Aug 1, 1983 | First Federal Savings & Loan Association | World Savings & Loan Association of Ohio, Federal Savings and Loan Association |
| Aug 1, 1983 | The First National Bank of Laurel | Deposit Guaranty National Bank |
| Aug 1, 1983 | NBG Gwinnett Bank | First American Bank of Georgia N.A. (In Liquidation) |
| Jul 31, 1983 | Commercial Bankstock, Inc. | First Commercial Corporation |
| Jul 31, 1983 | The Bank of Beaufort | First National Bank of South Carolina |
| Jul 31, 1983 | Commercial National Bank of Little Rock | First Commercial Bank, National Association |
| Jul 30, 1983 | Growers and Merchants State Bank | Community First Bank |
| Jul 28, 1983 | Trust Company of Columbus | Bank South |
| Jul 25, 1983 | Chemprene Federal Credit Union | Teg Federal Credit Union |
| Jul 25, 1983 | Contractors Federal Credit Union | Suffolk Federal Credit Union |
| Jul 25, 1983 | C.F. Bflo Federal Credit Union | Boulevard Federal Credit Union |
| Jul 23, 1983 | Great American Bank of Tampa | Barnett Bank of Tampa |
| Jul 22, 1983 | The Parker Bank and Trust Company | AmSouth Bank |
| Jul 18, 1983 | United Savings, Federal Savings and Loan Association | Great Western Bank, a Federal Savings Bank |
| Jul 18, 1983 | Newtown Savings Association | Hill Financial Savings Association |
| Jul 17, 1983 | Farmers Savings Bank | Primebank |
| Jul 16, 1983 | Century Bank | Century Bank |
| Jul 15, 1983 | Bell Savings and Loan Association | Farm & Home Savings Association |
| Jul 15, 1983 | The Commercial National Bank of Anniston | AmSouth Bank |
| Jul 15, 1983 | Indianapolis Teachers Credit Union | Everwise Credit Union |
| Jul 9, 1983 | (unnamed) | NCNB National Bank of Florida |
| Jul 9, 1983 | Santa Maria Federal Credit Union | Excite Credit Union |
| Jul 8, 1983 | Nebraska Baptist Federal Credit Union | Adelfi Credit Union dba Christian Community Credit Union |
| Jul 8, 1983 | S . S Employees Federal Credit Union | Aspire Federal Credit Union |
| Jul 8, 1983 | Waukesha County Marine Bank | Bank One, Waukesha |
| Jul 8, 1983 | Marine National Bank of Waukesha | Bank One, Waukesha |
| Jul 8, 1983 | Germantown Marine Bank | Bank One, Waukesha |
| Jul 8, 1983 | Ellis American Bank | Ellis National Bank of Central Florida |
| Jul 8, 1983 | K O Potters Employees Federal Credit Union | Solidarity Community Federal Credit Union |
| Jul 7, 1983 | Elco Club Credit Union | Central One Federal Credit Union |
| Jul 7, 1983 | Otis Elevator Yonkers Emp Federal Credit Union | Educational and Governmental Employees Federal Credit Union |
| Jul 6, 1983 | First State Bank | First State Bank of the Southeast, Inc |
| Jul 5, 1983 | Citizens South Side Bank | Norwest Bank Wisconsin East Central |
| Jul 5, 1983 | Home Federal Savings and Loan Association of Brooklyn | Vermont Savings Association, Federal Association |
| Jul 5, 1983 | Cherry Hills Enterprises | Town and Country Financial Corporation |
| Jul 2, 1983 | Berg Credit Union | Members 1st Federal Credit Union |
| Jul 2, 1983 | Atlantic Human Resource Staff Federal Credit Union | First Harvest Federal Credit Union |
| Jul 2, 1983 | Londonderry Bank and Trust Company | The Bedford Bank |
| Jul 2, 1983 | Independent Bankshares, Inc. | United Banks of Wisconsin, Inc. |
| Jul 2, 1983 | RPP Federal Credit Union | Citadel Federal Credit Union |
| Jul 2, 1983 | Tacmay Federal Credit Union | Mayfair Federal Credit Union |
| Jul 2, 1983 | Teledyne York Federal Credit Union | Heritage Valley Federal Credit Union |
| Jul 1, 1983 | Toledo Christ the King Inc Credit Union | Directions Credit Union |
| Jul 1, 1983 | Peninsula National Bank | Fleet Bank |
| Jul 1, 1983 | Penply Federal Credit Union | Strait View Credit Union |
| Jul 1, 1983 | The First National Bank of Mishawaka | 1st Source 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