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 1, 1993 | Eastover BK SVG | Union Planters Bank of Mississippi |
| Mar 1, 1993 | Fort Pierce City Employees Credit Union | Tropical Financial Credit Union |
| Mar 1, 1993 | First National Bank | Liberty Bank and Trust Company of Tulsa, National Association |
| Mar 1, 1993 | Pioneer Savings Bank | Washington Mutual Bank |
| Mar 1, 1993 | French Street Erie Federal Credit Union | Erie Times Employees Federal Credit Union |
| Mar 1, 1993 | Mountain Valley National Bank | Mountain Parks Bank-East |
| Mar 1, 1993 | Central Texas Conference Federal Credit Union | OmniAmerican Bank |
| Mar 1, 1993 | Air Guard Federal Credit Union | Visterra Credit Union |
| Feb 28, 1993 | New First City, Texas - Sour Lake, National Association | Citizens Bank |
| Feb 28, 1993 | New First City, Texas - Kountze, National Association | Citizens Bank |
| Feb 28, 1993 | New First City, Texas - Madisonville, N.A. | Madisonville State Bank |
| Feb 28, 1993 | New First City, Texas - Bryan, National Association | Norwest Bank Texas, South Central |
| Feb 28, 1993 | Humboldt Pulp Employees Federal Credit Union | Northern Redwood Federal Credit Union |
| Feb 27, 1993 | First Bank and Trust | Continental State Bank |
| Feb 27, 1993 | Worcester Community Credit Union | Webster First Federal Credit Union |
| Feb 27, 1993 | Union State Bank | National City Bank of Indiana |
| Feb 27, 1993 | Mid State Bank | National City Bank of Indiana |
| Feb 27, 1993 | Mid State Bank of Hendricks County | National City Bank of Indiana |
| Feb 27, 1993 | State Bank of Kenneth | State Bank of Edgerton |
| Feb 27, 1993 | SNB Savings Bank, Inc., SSB of Elkin | SNB Savings Bank, Inc., SSB |
| Feb 27, 1993 | Empire Capital Corporation | First Busey Corporation |
| Feb 27, 1993 | Ostrander State Bank | Security State Bank of Wykoff |
| Feb 27, 1993 | Hancock Bank & Trust | National City Bank of Indiana |
| Feb 27, 1993 | Financial Resource Management Trust Company | NationsBank of Texas, National Association |
| Feb 26, 1993 | Home Savings of America, SSB | Home Savings of America, FSB |
| Feb 26, 1993 | First Shawnee BANCSHARES,INC. | Mark Twain Bancshares, Inc. |
| Feb 26, 1993 | Home Savings of America, the Bowery DIV., FSB | Home Savings of America, FSB |
| Feb 26, 1993 | National Savings Bank of Albany | Keybank National Association |
| Feb 25, 1993 | Reiter Employees Credit Union, Inc. | Genfed Financial Credit Union, Inc. |
| Feb 25, 1993 | Sun Bank and Trust/Charlotte County, National Association | SunTrust Bank, Gulf Coast |
| Feb 24, 1993 | Elmhurst Federal Savings Bank | St Paul Federal Bank for Savings |
| Feb 24, 1993 | New First City, Texas - Beaumont, National Association | Texas Commerce Bank - Beaumont, National Association |
| Feb 24, 1993 | The State Bank West | The Jackson State Bank |
| Feb 22, 1993 | Lakewood Hospital Employees Credit Union | Morgan City Federal Credit Union |
| Feb 22, 1993 | Coast Bank, Federal Savings Bank | SunTrust Bank, Gulf Coast |
| Feb 20, 1993 | (unnamed) | IBJ Whitehall Bank & Trust Company |
| Feb 20, 1993 | Valley Community Credit Union | R I a Federal Credit Union |
| Feb 20, 1993 | South Carolina Federal Savings Bank | First Union National Bank of South Carolina |
| Feb 19, 1993 | Summit Bank of Indianapolis | NBD Bank, National Association |
| Feb 19, 1993 | American Bank of North Central Missouri | (unnamed) |
| Feb 19, 1993 | Summit Bank of Clinton County | NBD Bank, National Association |
| Feb 18, 1993 | Prime Bank, Federal Savings Bank | SouthTrust Bank of Georgia, National Association |
| Feb 18, 1993 | Quay and Guadalupe County Credit Union | Everyone's Federal Credit Union |
| Feb 16, 1993 | Farmers State Bank | Bank Forward |
| Feb 16, 1993 | The Professional Bank of Colorado | The Professional Bank |
| Feb 16, 1993 | Denver Tec Bank | The Professional Bank |
| Feb 15, 1993 | Firstar Bank Elkhorn | Firstar Bank Lake Geneva, National Association |
| Feb 14, 1993 | New First City, Texas - Corpus Christi, National Association | Mercantile Bank, National Association |
| Feb 13, 1993 | The Southgate Bank | Bank IV, National Association |
| Feb 13, 1993 | New First City, Texas - Austin, National Association | Frost 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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