Mergers by Year
Bank Mergers in 1993
The Federal Reserve's National Information Center (NIC) recorded 1,201 merger records involving a bank, credit union or bank holding company in 1993. 613 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 1,066 in 1992.
613
Banks acquired
2 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
207
Holding companies
Bank holding companies merged
Largest bank mergers of 1993
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1993 | Canton Savings Bank, SSB | — | RBC Bank (USA) |
| Dec 31, 1993 | The City National Bank | — | Magna Bank, National Association |
| Dec 31, 1993 | CrossLand Savings, FSB | — | CrossLand Federal Savings Bank |
| Dec 31, 1993 | Commercial Trust Bank | — | Intercontinental Bank, National Association |
| Dec 31, 1993 | Bank of Tulsa | — | Liberty Bank and Trust Company of Tulsa, National Association |
| Dec 31, 1993 | Robeson Savings Bank, Inc., SSB | — | RBC Bank (USA) |
| Dec 31, 1993 | First American Federal Savings and Loan Association | — | Colonial Bank |
| Dec 31, 1993 | First American Federal Savings and Loan Association | — | Colonial Bank of Tennessee |
| Dec 31, 1993 | First Charlotte Bank and Trust Company | — | RBC Bank (USA) |
| Dec 30, 1993 | Peoples Westchester Savings Bank | — | First Fidelity Bank, National Association |
| Dec 29, 1993 | Williamsburg Building and Loan Company | — | The National Bank and Trust Company |
| Dec 29, 1993 | New East Bank of Goldsboro | — | Triangle Bank |
| Dec 29, 1993 | New East Bank of Greenville | — | Triangle Bank |
| Dec 29, 1993 | First Bank and Trust Company | — | Central Bank of Tampa |
| Dec 29, 1993 | New East Bank of New Bern | — | Triangle Bank |
Every merger recorded in 1993
1,201 NIC merger records in 1993 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Aug 7, 1993 | Bank of Hundred | Community Bank & Trust |
| Aug 7, 1993 | The Hershey Bank | PNC Bank, N.A. |
| Aug 6, 1993 | The Hillsboro Sun Bank | SunTrust Bank, Tampa Bay |
| Aug 5, 1993 | United Bankshares, Inc. | FMB Bancshares, Inc. |
| Aug 2, 1993 | Bank of Delaware Corporation | PNC Bancorp, Inc. |
| Aug 2, 1993 | PNC Bank Corp., Northern Kentucky | PNC Bancorp, Inc. |
| Aug 1, 1993 | Pinto Credit Union | Legacy Community Federal Credit Union |
| Aug 1, 1993 | H.M.E. Federal Credit Union | Blair County Federal Credit Union |
| Aug 1, 1993 | Azusa Commercial Credit Union | Pacific Community Credit Union |
| Aug 1, 1993 | UniSouth Banking Corporation | Trustmark Bank |
| Aug 1, 1993 | Lafayette Diocese Fcu | Saint Jules Credit Union |
| Aug 1, 1993 | Hillsborough Social Agencies Cu | Gte Federal Credit Union dba Gte Financial |
| Aug 1, 1993 | Vinylex Empl Cu | Ornl Federal Credit Union |
| Aug 1, 1993 | Texas Bank | TexasBank |
| Aug 1, 1993 | P D Q Federal Credit Union | Garden Savings Federal Credit Union |
| Aug 1, 1993 | Security State Bank | Commerce Bank, National Association |
| Aug 1, 1993 | Pomeroy State Bank | Liberty Bank and Trust, National Association |
| Aug 1, 1993 | Rialto Public Employees Federal Credit Union | Arrowhead Federal Credit Union |
| Aug 1, 1993 | Transit Employees Credit Union | Des Moines Metro Credit Union |
| Aug 1, 1993 | PNC Bank Corporation, Inc. | PNC Bancorp, Inc. |
| Aug 1, 1993 | Midwest Commerce Corporation | First Chicago NBD Corporation |
| Aug 1, 1993 | Oaklawn Financial Corporation | FirstBank |
| Jul 31, 1993 | Saint Michaels Parish Federal Credit Union | Steel Valley Federal Credit Union |
| Jul 31, 1993 | Interstate Financial Corporation | Liberty Bancorp, Inc. |
| Jul 31, 1993 | Sangstun Credit Union | Illinois Educators Credit Union |
| Jul 31, 1993 | Farmers and Merchants Bank in Cooperstown | Community First State Bank of Cooperstown |
| Jul 31, 1993 | Chicago Medical School Federal Credit Union | Great Lakes Credit Union |
| Jul 31, 1993 | Granite Savings Bank, SSB | RBC Bank (USA) |
| Jul 31, 1993 | First Oklahoma Bank and Trust Company of Edmond | Bank One, Oklahoma, National Association |
| Jul 31, 1993 | Southeast Iowa Catholic Credit Union | Bent River Community Credit Union |
| Jul 30, 1993 | San Marcos National Bank | First Pacific National Bank |
| Jul 30, 1993 | Temecula Valley National Bank | First Pacific National Bank |
| Jul 30, 1993 | Bank of Colorado - Western Slope - Glenwood Springs | Bank of Colorado - Western Slope |
| Jul 29, 1993 | Chemical International Banking Corporation | Chemical Bank, FSB |
| Jul 28, 1993 | Western Illinois Bancorp, Inc. | Paloma Bancshares, Inc. |
| Jul 27, 1993 | Made Federal Credit Union | Coastlife Credit Union |
| Jul 26, 1993 | Bayville Farms Credit Union | Norfolk Fire Department Federal Credit Union |
| Jul 24, 1993 | Star Bank, National Association, Tri State | U.S. Bank N.A. |
| Jul 24, 1993 | Star Bank, National Association, Hillsboro | U.S. Bank N.A. |
| Jul 24, 1993 | Colorado National Bank - Belmont | Colorado National Bank |
| Jul 24, 1993 | Bank Western National Association | Colorado National Bank |
| Jul 24, 1993 | Central Bank Grand Junction, National Association | Colorado National Bank |
| Jul 24, 1993 | Central Bank Southeast, National Association | Colorado National Bank |
| Jul 24, 1993 | Central Bank Pueblo, National Association | Colorado National Bank |
| Jul 23, 1993 | Meritor Savings Bank, F.A. | First Union National Bank of Florida |
| Jul 23, 1993 | First Union Bank of Virginia | First Union National Bank of Virginia |
| Jul 23, 1993 | CFS Financial Corporation | Crestar Bank |
| Jul 23, 1993 | PSFS Thrift Holding Company | First Union Corporation of Florida |
| Jul 23, 1993 | Davenport Bank and Trust Company, National Association | Wells Fargo Bank Iowa, National Association |
| Jul 23, 1993 | Ameribank, Charleston | Bank One, West Virginia, Charleston, National Association |
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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