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 |
|---|---|---|
| Jun 1, 1993 | F & M Bank Holding Company | Community First Bankshares, Inc. |
| Jun 1, 1993 | McMinn Fcu | Tennessee Valley Federal Credit Union |
| Jun 1, 1993 | First Home Federal Savings and Loan Association | Truist Bank |
| Jun 1, 1993 | Cherry Grove Savings Bank | Towne Bank |
| Jun 1, 1993 | Community First National Bank of Windom | Community First National Bank |
| Jun 1, 1993 | Fluor Pioneer Employees Credit Union | Houston Federal Credit Union |
| Jun 1, 1993 | Southern Connecticut Federal Credit Union | Western Connecticut Federal Credit Union |
| Jun 1, 1993 | Pitt Company Maryland Federal Credit Union | Al Gar Federal Credit Union |
| Jun 1, 1993 | First Bank and Trust Company | First American State Bank |
| Jun 1, 1993 | Colonial Cu | Lge Community Credit Union |
| Jun 1, 1993 | Sidles Credit Union | First Nebraska Credit Union |
| Jun 1, 1993 | Con-Am Western Region Credit Union | Finans Federal Credit Union |
| Jun 1, 1993 | Rhode Island State Grange Credit Union | Peoples Credit Union |
| Jun 1, 1993 | Nashoba Credit Union | Workers Federal Credit Union |
| Jun 1, 1993 | Citizens State Bank of Frost | First State Bank of North Texas |
| Jun 1, 1993 | Kankakee City Employees Credit Union | Riverside Community Credit Union |
| Jun 1, 1993 | Bay Area Medical Federal Credit Union | Credit Union One |
| Jun 1, 1993 | Campbell Foundry Federal Credit Union | W.K. Federal Credit Union |
| Jun 1, 1993 | Sheboygan Postal Employees Credit Union | Sheboygan Area Credit Union |
| Jun 1, 1993 | The City National Bank of Danville | Palmer-American National Bank of Danville |
| Jun 1, 1993 | Bar-W Federal Credit Union | Beacon Credit Union |
| May 29, 1993 | Eagle Fed BK for SVG | Magnolia Federal Bank for Savings |
| May 29, 1993 | F & M Bank Services, Inc. | Fourth Financial Corporation |
| May 29, 1993 | Hibernia National Bank in Texas | Comerica Bank - Texas |
| May 29, 1993 | Nichols Hills Bancorporation, Inc. | Fourth Financial Corporation |
| May 29, 1993 | Nasher Financial Corporation | Comerica Texas Incorporated |
| May 29, 1993 | Bancshares of Woodward, Inc. | Fourth Financial Corporation |
| May 29, 1993 | Northpark National Corporation | Comerica Texas Incorporated |
| May 29, 1993 | The Farmers and Merchants State Bank of Derby | Bank IV, National Association |
| May 29, 1993 | Nichols Hills Bank and Trust Company | Boatmen's National Bank of Oklahoma |
| May 29, 1993 | The Seymour National Bank | National City Bank of Indiana |
| May 29, 1993 | First National Bank of East Chicago, Indiana | National City Bank of Indiana |
| May 29, 1993 | Ben Franklin National Bank | (unnamed) |
| May 29, 1993 | Valley Bank of Lyons | Valley Bank & Trust |
| May 29, 1993 | Fayette Bank and Trust Company | National City Bank of Indiana |
| May 29, 1993 | First National Bank of Indiana | National City Bank of Indiana |
| May 29, 1993 | Union National Bank of Arkansas Little Rock | Boatmen's National Bank of Arkansas |
| May 29, 1993 | The Bank of Woodward | Boatmen's National Bank of Oklahoma |
| May 28, 1993 | U R C L P W a Local 505 Credit Union | Vicinity Credit Union |
| May 28, 1993 | Cimarron Bank | The Bank of Woodward |
| May 28, 1993 | Bellcorp, Inc. | United Kansas Bancshares, Inc. |
| May 28, 1993 | Colorado National Bankshares, Inc. | Colorado National Bankshares, Inc. |
| May 24, 1993 | Godfrey State Bank | Wedge Bank |
| May 22, 1993 | Gary-Wheaton Bank of Batavia, N.A. | Bank One, National Association |
| May 22, 1993 | Suisun Valley Bank | Westamerica Bank |
| May 22, 1993 | First Chicago Bank of St. Charles, National Association | Bank One, National Association |
| May 22, 1993 | First Chicago Bank of Bloomingdale, National Association | Bank One, National Association |
| May 21, 1993 | Watauga State Bank | First State Bank of Texas |
| May 19, 1993 | Huls America Employees F.C.U | Pinnacle Federal Credit Union |
| May 18, 1993 | First Fincorp, Incorporated | Truist 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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