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.
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 |
|---|---|---|
| Apr 1, 1993 | Valley Central Bank | Bank One, Utah, National Association |
| Apr 1, 1993 | Bank One, Chicago | Bank One, Chicago, National Association |
| Apr 1, 1993 | Oxford Bank and Trust | TD Bank, N.A. |
| Apr 1, 1993 | City of Johnson City Empl Cu | Select Seven Federal Credit Union |
| Apr 1, 1993 | Community National Bank | Lockwood National Bank of Houston |
| Apr 1, 1993 | Bank One, Elgin | Bank One, Chicago, National Association |
| Apr 1, 1993 | S M P Federal Credit Union | The People's Federal Credit Union |
| Apr 1, 1993 | The McCook County National Bank of Salem | First Dakota National Bank |
| Apr 1, 1993 | W. C. G. E. Federal Credit Union | Ok Federal Credit Union |
| Apr 1, 1993 | Aadco Fcu | Lge Community Credit Union |
| Apr 1, 1993 | Midwest Credit Union | Capital Credit Union |
| Apr 1, 1993 | VR Wesson Lexington Employees Federal Credit Union | Members Heritage Credit Union Inc |
| Apr 1, 1993 | Elk River Federal Credit Union | Greater Minnesota Credit Union |
| Mar 31, 1993 | United New Mexico Bank at Santa Fe, National Association | Wells Fargo Bank New Mexico, National Association |
| Mar 31, 1993 | Citizens Bancorp, Inc. | Community First Bankshares, Inc. |
| Mar 31, 1993 | TFC, Inc. | Teb, Inc. |
| Mar 31, 1993 | Whifin, Inc. | Teb, Inc. |
| Mar 31, 1993 | CBC, Inc. | Teb, Inc. |
| Mar 31, 1993 | Cherokee Bancorp, Inc. | Teb, Inc. |
| Mar 31, 1993 | Whitehouse Financial Corporation | Teb, Inc. |
| Mar 31, 1993 | Timpson Financial Corporation | Teb, Inc. |
| Mar 31, 1993 | Vulcan Latrobe Federal Credit Union | Lesco Employees Federal Credit Union |
| Mar 31, 1993 | Russian American Credit Union | Polam Federal Credit Union |
| Mar 31, 1993 | Citibank, Federal Savings Bank | CFSB, National Association |
| Mar 31, 1993 | Bloomington Firestone Federal Credit Union | The Credit Union for All |
| Mar 30, 1993 | Dover Bancshares, Inc. | Simmons First Bank of Russellville |
| Mar 30, 1993 | Caraway Bancshares, Inc. | First Bank of Arkansas |
| Mar 29, 1993 | The Peoples Bank of Alabama | The Peoples Bank |
| Mar 29, 1993 | First Kentucky Trust Company | National City Bank of Kentucky |
| Mar 27, 1993 | Peoples Bank of Richwood, Inc. | (unnamed) |
| Mar 27, 1993 | First Financial Savings Bank, Inc. | Truist Bank |
| Mar 27, 1993 | (unnamed) | Century Bank and Trust Company |
| Mar 27, 1993 | Lincoln State Bank | Firstier Bank, National Association |
| Mar 27, 1993 | Wellman Savings Bank | Security Savings Bank |
| Mar 27, 1993 | Valley Bank East | Bank Wisconsin |
| Mar 27, 1993 | Home Federal Savings Bank of Alabama | Colonial Bank |
| Mar 27, 1993 | The Denver National Bank | Fulton Bank, N.A. |
| Mar 26, 1993 | First National Bank of Venice | SunTrust Bank, Gulf Coast |
| Mar 26, 1993 | Farmers Banshares of Abilene, Inc. | United Kansas Bancshares, Inc. |
| Mar 25, 1993 | Kennebec Health System Federal Credit Union | KV Federal Credit Union |
| Mar 23, 1993 | First State Bank | West Side Bank and Trust |
| Mar 23, 1993 | Bank of East Texas | West Side Bank and Trust |
| Mar 22, 1993 | F P G Federal Credit Union | Greater Chautauqua Federal Credit Union |
| Mar 20, 1993 | First American International Bank | Amtrade International Bank of Georgia |
| Mar 20, 1993 | Apollo Savings and Loan Company | Amerifirst Bank, National Association |
| Mar 20, 1993 | First of America Bank-Security | First of America Bank-Security |
| Mar 20, 1993 | Richey National Bank | FirstWest Bank |
| Mar 20, 1993 | Auburn Federal Savings Bank | Colonial Bank |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Polk County |
| Mar 19, 1993 | First Fidelity Bank, National Association, South Jersey | First Fidelity Bank, National Association, New Jersey |
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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