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 1, 1993 | McKeesport Warehouse Employees Federal Credit Union | Parkview Community Federal Credit Union |
| May 1, 1993 | Griffin-Spalding Fcu | The Southern Credit Union |
| May 1, 1993 | Cardinal Federal Savings Bank | Great Financial Bank, FSB |
| May 1, 1993 | Benton County Bank | First Security Bank of Oregon |
| May 1, 1993 | Batesville State Bank | National City Bank of Indiana |
| May 1, 1993 | County Employees Federal Credit Union, Inc | Ohio's First Class Credit Union |
| May 1, 1993 | The Farmers National Bank of Plain City | The Citizens National Bank of Urbana |
| May 1, 1993 | Saint Lukes Hospital of Bethlehem Fcu | Allentown Federal Credit Union |
| May 1, 1993 | Union Carbide Research Center Credit Union, Inc. | Pse Credit Union, Inc. |
| May 1, 1993 | The Dale State Bank | Lincolnland Bank |
| May 1, 1993 | Chrisney State Bank | Lincolnland Bank |
| Apr 30, 1993 | Nba Bankshares, Inc. | United Kansas Bancshares, Inc. |
| Apr 30, 1993 | Buya Corp. | Commfirst Bancorporation, Inc. |
| Apr 30, 1993 | Y. B. Corporation | Commfirst Bancorporation, Inc. |
| Apr 30, 1993 | West One Bancorp, Washington | West One Bancorp |
| Apr 30, 1993 | State Bank of Dumont | Liberty Bank & Trust |
| Apr 28, 1993 | Bellows Falls Trust Company | Chittenden Trust Company |
| Apr 27, 1993 | Union Bancorp of West Virginia, Inc. | Banc One West Virginia Corporation |
| Apr 27, 1993 | Wayne Bancorp, Inc. | Banc One West Virginia Corporation |
| Apr 27, 1993 | First National Company | Banc One West Virginia Corporation |
| Apr 26, 1993 | First Security Bank of Brookfield | Citizens Bank and Trust Company |
| Apr 26, 1993 | City Potomac Bank | Palmer-American National Bank of Danville |
| Apr 26, 1993 | Ithaca Postal Employees Federal Credit Union | Beginnings Credit Union |
| Apr 26, 1993 | The City National Bank of Hoopeston | Palmer-American National Bank of Danville |
| Apr 24, 1993 | Missouri Bridge Bank, National Association d/b/a New Metro North | Nationsbank, National Association (Mid-West) |
| Apr 24, 1993 | Bank of Montana Butte | Bank of Montana, National Association |
| Apr 23, 1993 | Equibank | National City Bank of Pennsylvania |
| Apr 23, 1993 | First Eastern Investment Company | First Eastern Corp. |
| Apr 23, 1993 | Avoca Financial Services, Inc. | Midstates Bancshares, Inc. |
| Apr 23, 1993 | Marine Bank | PNC Bank, N.A. |
| Apr 21, 1993 | Cleveland Bancshares, Incorporated | Flagship Financial Group, Inc. |
| Apr 17, 1993 | Gary-Wheaton Bank of Downers Grove, National Association | Bank One, National Association |
| Apr 17, 1993 | Brevard Federal Savings and Loan Association | RBC Bank (USA) |
| Apr 17, 1993 | First Interstate Bank of Jacksonville | Wells Fargo Bank Texas, National Association |
| Apr 17, 1993 | Gary-Wheaton Bank of Fox Valley, National Association | Bank One, National Association |
| Apr 16, 1993 | Norwest Bank Wyoming Gillette, National Association | Wells Fargo Bank Wyoming, National Association |
| Apr 16, 1993 | Napa Valley Development | Napa Valley Bank |
| Apr 16, 1993 | Harrah National Bancshares, Inc. | Midwest National Bancshares, Inc. |
| Apr 16, 1993 | Napa Valley Bancorp | Westamerica Bancorporation |
| Apr 16, 1993 | Summit Bank | NBD Bank, National Association |
| Apr 16, 1993 | Home Savings Bank | Liberty Bank & Trust |
| Apr 16, 1993 | The National Bank of Harrah | Midwest National Bank |
| Apr 16, 1993 | Norwest Bank Wyoming Wheatland, National Association | Wells Fargo Bank Wyoming, National Association |
| Apr 16, 1993 | Norwest Bank Wyoming Cheyenne, National Association | Wells Fargo Bank Wyoming, National Association |
| Apr 15, 1993 | Northeast Georgia Health Services Credit Union | Mygeorgia Credit Union |
| Apr 13, 1993 | Pacific First Bank, a Federal Savings Bank | Washington Mutual, a Federal Savings Bank |
| Apr 12, 1993 | Elmwood Financial Services, Inc. | Citizens Bancshares of Woodville, Inc. |
| Apr 12, 1993 | The Raymond State Bank | First United National Bank and Trust Company |
| Apr 10, 1993 | R & R Employees Credit Union, Inc. | Wright-Patt Credit Union, Inc. |
| Apr 10, 1993 | Heritage Bank Alsip | Heritage 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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