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 |
|---|---|---|
| May 17, 1993 | FFB Acquisition Corp. | First Fidelity Bancorporation |
| May 17, 1993 | North Plaza Bancshares, Inc. | United Kansas Bancshares, Inc. |
| May 17, 1993 | Highland Bancshares, Inc. | United Kansas Bancshares, Inc. |
| May 15, 1993 | Guaranty Bancorporation | Fourth Financial Corporation |
| May 15, 1993 | Guaranty Bank & Trust Company of Tulsa | Boatmen's National Bank of Oklahoma |
| May 15, 1993 | Foundry and Municipal Employees Credit Union | Vibrant Credit Union |
| May 15, 1993 | Continental Federal Savings Bank | Crestar Bank |
| May 15, 1993 | (unnamed) | Community State Bank |
| May 15, 1993 | Security Federal Savings Bank | Truist Bank |
| May 15, 1993 | Electricians Local 347 Credit Union | Journey Credit Union |
| May 14, 1993 | M L Bancshares, Inc. | United Kansas Bancshares, Inc. |
| May 14, 1993 | Republican Valley Bank | Peoples-Webster County Bank |
| May 13, 1993 | Presidential Holdings Inc. | Bourbonnais Bancorp, Inc. |
| May 10, 1993 | Fidelity Federal Savings and Loan Association | Local America Bank of Tulsa, A Federal Savings Bank |
| May 8, 1993 | Sand Springs State Bank | BOKF, N.A. |
| May 8, 1993 | Gulf Bank of Dunedin | SouthTrust Bank of Florida, National Association |
| May 8, 1993 | Gulf Harbor Banks, Inc. | Southtrust of Florida, Incorporated |
| May 8, 1993 | Central Bank, National Association | Bank Western National Association |
| May 8, 1993 | American National Bank of Melrose Park | American National Bank and Trust Company of Chicago |
| May 8, 1993 | Roanoke Mills Ca Fcu | Fort McClellan Credit Union |
| May 8, 1993 | Charter Oak Federal Savings Bank | The Huntington National Bank |
| May 8, 1993 | Brookside State Bank | BOKF, N.A. |
| May 7, 1993 | Union of Arkansas Corporation | Worthen Financial Corporation |
| May 6, 1993 | Essex Savings Bank Federal Savings Bank | Essex Savings Bank, F.S.B. |
| May 6, 1993 | Essex Savings Bank, FSB | Essex Savings Bank, F.S.B. |
| May 4, 1993 | FFB Newco,inc | First Fidelity Bancorporation |
| May 4, 1993 | First Dubuque Corp. | Hawkeye Bancorporation |
| May 4, 1993 | First Community Bancorp, Inc. | Banc One Illinois Corporation |
| May 3, 1993 | Bank of Flora | BankPlus |
| May 3, 1993 | First Bank of Loves Park | Bank One, Rockford, National Association |
| May 3, 1993 | UMB Bank of the West | UMB Bank Colorado, National Association |
| May 3, 1993 | First Bank of Roscoe | Bank One, Rockford, National Association |
| May 1, 1993 | Reliance Employees Credit Union | L&N Federal Credit Union |
| May 1, 1993 | Hamilton County Bancshares, Inc. | Van Diest Investment Company |
| May 1, 1993 | Farmers State Bank | Lincolnland Bank |
| May 1, 1993 | The Farmers National Bank of Shelbyville | National City Bank of Indiana |
| May 1, 1993 | Indust Cu | Ascend Federal Credit Union |
| May 1, 1993 | Mid Michigan Federal Credit Union | Lafcu |
| May 1, 1993 | The Plain City Home and Savings Company | The Citizens National Bank of Urbana |
| May 1, 1993 | Fargo Moorhead Community Credit Union | Town & Country Credit Union |
| May 1, 1993 | The Citizens National Bank of Tipton | National City Bank of Indiana |
| May 1, 1993 | Colorado National Bank - Exchange | Colorado National Bank |
| May 1, 1993 | The Central National Bank of Greencastle | National City Bank of Indiana |
| May 1, 1993 | Soo Line Credit Union | Community Credit Union |
| May 1, 1993 | Colorado National Bank - Pueblo | Colorado National Bank |
| May 1, 1993 | Quaker Oats Employees Credit Union | Citizens Equity First Credit Union |
| May 1, 1993 | Deerfield Employees Credit Union | 360 Federal Credit Union |
| May 1, 1993 | Colorado National Bank - Longmont | Colorado National Bank |
| May 1, 1993 | Colorado National Bank - Fort Collins | Colorado National Bank |
| May 1, 1993 | Bay Area Fcu | Gulf Shore Federal 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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