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 |
|---|---|---|
| Jul 23, 1993 | Northwestern National Bank | KeyBank National Association |
| Jul 23, 1993 | INB Banking Company, Northeast | NBD Bank, National Association |
| Jul 23, 1993 | Dominion Trust Company | First Union National Bank of Virginia |
| Jul 19, 1993 | Bank of Kerrville | Norwest Bank Texas, Kerrville, National Association |
| Jul 16, 1993 | Kyle State Bank | The Bank of the West |
| Jul 15, 1993 | First Northbrook Bancorp, Inc. | Premier Acquisition Company |
| Jul 13, 1993 | Northern Neck Bankshares Corporation | Atlantic Union Bankshares Corporation |
| Jul 12, 1993 | The Bank of Cross Lanes | City National Bank of West Virginia |
| Jul 12, 1993 | Houston Investments, Incorporated | Merchants Financial Group, Inc. |
| Jul 12, 1993 | Natchez First Federal Savings Bank | Britton & Koontz Bank, N.A. |
| Jul 12, 1993 | The Monadnock Bank | CFX Bank |
| Jul 10, 1993 | First National Bank at Thermopolis | First National Bank |
| Jul 10, 1993 | First National Bank in Harvey | Pinnacle Bank |
| Jul 10, 1993 | (unnamed) | Pinnacle Bank |
| Jul 10, 1993 | Citizens Savings Bank, Inc. | Southern Bank and Trust Company |
| Jul 10, 1993 | Ussac Tri-Plant Empl Fcu | Magnify Credit Union |
| Jul 10, 1993 | W. M. S. Employees Federal Credit Union | Family Financial Credit Union |
| Jul 10, 1993 | The Berwyn National Bank | Pinnacle Bank |
| Jul 10, 1993 | The First National Bank of Pike County | Meridian Bank |
| Jul 10, 1993 | Bank of Boston Connecticut | Bank of Boston Connecticut |
| Jul 9, 1993 | Standard Paper Credit Union | Kief Protective Mutual Benefit Assn Credit Union |
| Jul 9, 1993 | Kansas State Bank and Trust Company | INTRUST Bank, N.A. |
| Jul 8, 1993 | First Commerce Savings Bank, FSB | First American Bank |
| Jul 8, 1993 | Benld Loan Association | The First National Bank in Staunton |
| Jul 6, 1993 | Colonial Federal Savings Bank | American Community Bank, National Association |
| Jul 3, 1993 | Equifax Empl Fcu | Excel Federal Credit Union |
| Jul 2, 1993 | B B C Federal Credit Union | Park Federal Credit Union dba Park Community Credit Union |
| Jul 2, 1993 | Heartland Bancorporation | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Anmer Corporation | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Midwest Commerce Leasing Corp | NBD Bank |
| Jul 2, 1993 | Pinnacle Bancorp, Inc. | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Pinnacle Bancorp, Inc. | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Pinnacle Bancorp, Inc. | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Pinnacle Bancorp, Inc. | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Midwest Bancorporation, Inc. | Cbi-Central Kansas, Inc. |
| Jul 2, 1993 | Dawson Corporation | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | North Platte Corporation | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Shelby Insurance, Inc. | Pinnacle Bancorp, Inc. |
| Jul 2, 1993 | Mrs Tuckers Empl Cu | Cicost Federal Credit Union |
| Jul 2, 1993 | Corning-Wilmington Federal Credit Union | Corning Federal Credit Union |
| Jul 2, 1993 | The Bank of Northshore | Frontier Bank |
| Jul 1, 1993 | SDNB Development Corp. | SDNB Financial Corp. |
| Jul 1, 1993 | Findlay Bancshares, Inc. | Shelby County Bancorp, Inc. |
| Jul 1, 1993 | First American Data Services Inc | First American Bank |
| Jul 1, 1993 | Howells Bank | First National Bank |
| Jul 1, 1993 | Community Bank & Trust, National Association | Community Bank & Trust |
| Jul 1, 1993 | Sherex Chemical Employees Credit Union, Inc. | Citizens Equity First Credit Union |
| Jul 1, 1993 | Georgia Bank & Trust Company of Columbia County | Georgia Bank & Trust Company of Augusta |
| Jul 1, 1993 | Springfield Printers Credit Union | Oak Trust Credit Union |
| Jul 1, 1993 | Citibank (Maryland) N.A. | Citibank (South Dakota), N.A. |
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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