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 |
|---|---|---|
| Mar 19, 1993 | (unnamed) | Barnett Bank of Volusia County |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Lee County, National Association |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Lake County, National Association |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Highlands County |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Manatee County, National Association |
| Mar 19, 1993 | (unnamed) | Barnett Bank of West Florida |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Pinellas County |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Pasco County |
| Mar 19, 1993 | (unnamed) | Barnett Bank of the Suncoast, National Association |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Tampa |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Southwest Florida |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Tallahassee |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Central Florida, National Association |
| Mar 19, 1993 | (unnamed) | Barnett Bank of Naples |
| Mar 19, 1993 | Summit Bank of Marion | NBD Bank, National Association |
| Mar 19, 1993 | Summit Bank of Muncie | NBD Bank, National Association |
| Mar 16, 1993 | Mineola State Bank | First Service Bank |
| Mar 16, 1993 | Security State Bank | First Service Bank |
| Mar 15, 1993 | State Bank of Litchfield | Town & Country Bank |
| Mar 15, 1993 | First Cumberland Bank | Union Planters Bank, National Association |
| Mar 15, 1993 | Flagler National Bank | Suntrust Bank, South Florida, N.A. |
| Mar 15, 1993 | First National Bank Mansfield | Overton Bank and Trust, National Association |
| Mar 13, 1993 | Citizens State Bank | Mainstreet Bank |
| Mar 13, 1993 | Society National Bank, Sturgis | Keybank National Association |
| Mar 13, 1993 | First Federal Savings Bank | WaFd Bank |
| Mar 13, 1993 | Society Bank, Monroe | Keybank National Association |
| Mar 13, 1993 | Star Bank, National Association, Southeastern Indiana | Star Bank, National Association, Indiana |
| Mar 12, 1993 | First State Bancshares, Inc. | First State Bancshares, Inc. |
| Mar 12, 1993 | Merchants & Miners State Bank of Hibbing | Norwest Bank Minnesota Mesabi, National Association |
| Mar 8, 1993 | (unnamed) | Citizens Business Bank, N.A. |
| Mar 8, 1993 | American National Bank | Lafayette American Bank |
| Mar 8, 1993 | Holy Family Credit Union, Inc. | Falls Catholic Credit Union, Inc. |
| Mar 6, 1993 | Enterprise Savings and Loan Association | Family Savings Bank, F.S.B. |
| Mar 6, 1993 | New First City, Texas - El Paso, National Association | SUNWEST Bank of El Paso, National Association |
| Mar 4, 1993 | Landmark KCI Bank | Bank of Weston |
| Mar 3, 1993 | Chautauqua County Federal Credit Union | Greater Woodlawn Federal Credit Union |
| Mar 3, 1993 | Southern Tier Federal Credit Union | Visions Federal Credit Union |
| Mar 2, 1993 | Decatur Federal Savings and Loan Association | First Union National Bank of Georgia |
| Mar 2, 1993 | Blackburn Bank | Community Bank of Marshall |
| Mar 2, 1993 | Saint Stephen A.M.E. Zion Federal Credit Union | First Financial Federal Credit Union |
| Mar 1, 1993 | Trane Company Employees Fcu | Net Federal Credit Union |
| Mar 1, 1993 | Fountainebleau Community Bank | Crescent Bank |
| Mar 1, 1993 | Ostrander Bancshares, Inc. | The Fischer Corporation |
| Mar 1, 1993 | Dreyfus Thrift and Commerce | Mellon Bank, F.S.B. |
| Mar 1, 1993 | First National Holding Company | Liberty Bancorp, Inc. |
| Mar 1, 1993 | First City Corp. | First United Bancshares, Inc. |
| Mar 1, 1993 | Eaton Capital Corporation | Centennial Bank Holdings, Inc. |
| Mar 1, 1993 | The Farmers and Traders Bank | The Security National Bank and Trust Co. |
| Mar 1, 1993 | Bagpak Federal Credit Union | Sangamo Chapter Credit Union |
| Mar 1, 1993 | Witherspoon Fcu | New Jersey Community 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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