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 |
|---|---|---|
| Feb 13, 1993 | (unnamed) | Texas Commerce Bank-Midland, National Association |
| Feb 13, 1993 | (unnamed) | First National Bank of Olney |
| Feb 13, 1993 | New First City, Texas - Tyler, N.A. | Tyler Bank and Trust, National Association |
| Feb 13, 1993 | New First City, Texas - San Antonio, National Association | Frost Bank |
| Feb 13, 1993 | New First City, Texas - San Angelo, N.A. | Wells Fargo Bank Texas, National Association |
| Feb 13, 1993 | New First City, Texas - Orange, N.A. | First Heights Bank, FSB |
| Feb 13, 1993 | New First City, Texas - Dallas, National Association | Texas Commerce Bank, National Association |
| Feb 13, 1993 | New First City, Texas - Lufkin, N.A. | Lufkin National Bank |
| Feb 13, 1993 | New First City, Texas - Aransas Pass, National Association | Corpus Christi National Bank |
| Feb 13, 1993 | New First City, Texas - Houston, N.A. | Chase Bank of Texas, National Association |
| Feb 13, 1993 | New First City, Texas - Alice, National Association | Norwest Bank Texas, Alice |
| Feb 13, 1993 | New First City, Texas - Lake Jackson, N.A. | First Heights Bank, FSB |
| Feb 12, 1993 | The Citizens' State Bank of Granby | Community Bank and Trust |
| Feb 12, 1993 | People's Bank of Virginia | Jefferson National Bank |
| Feb 12, 1993 | The Anderson State Bank | Community Bank and Trust |
| Feb 11, 1993 | Savannah Reg Hosp Cu | Savannah Postal Credit Union |
| Feb 10, 1993 | Area #1 Carpenters Cu | Cross Valley Federal Credit Union |
| Feb 8, 1993 | Valley Bank of Frederick | Valley Bank & Trust |
| Feb 6, 1993 | American National Bank of Elgin | American National Bank and Trust Company of Chicago |
| Feb 5, 1993 | United Bank & Trust Company of Norman | BancFirst |
| Feb 4, 1993 | Westbank Financial Corporation | Merchants and Manufacturers Bank Corporation |
| Feb 4, 1993 | Provident National Bank | PNC Bank, N.A. |
| Feb 4, 1993 | Allied Bancshares of Illinois, Inc. | Merchants and Manufacturers Bank Corporation |
| Feb 4, 1993 | Met-State Corp. | Omnibancorp |
| Feb 2, 1993 | Hamptons Federal Credit Union | Teachers Federal Credit Union |
| Feb 2, 1993 | Spaulding Fibre Empl Federal Credit Union | Cornerstone Community Federal Credit Union |
| Feb 1, 1993 | Coral Gables Municipal Credit Union | Dade County Federal Credit Union |
| Feb 1, 1993 | Salinas First Credit Union | Central Coast Federal Credit Union |
| Feb 1, 1993 | Shumate Employees Federal Credit Union | Affinia Federal Credit Union |
| Feb 1, 1993 | First Federal Bank, F.S.B. | AmSouth Bank of Tennessee |
| Feb 1, 1993 | The Farmers National Bank of Madison | Pinnacle Bank, National Association |
| Feb 1, 1993 | Light Employees Credit Union | Security Service Federal Credit Union |
| Feb 1, 1993 | Home Trust Savings and Loan Association | First Bank & Trust |
| Feb 1, 1993 | Greene County Federal Credit Union | Sunbelt Federal Credit Union |
| Feb 1, 1993 | Common Bond Credit Union, Inc. | Abbey Credit Union, Inc. |
| Feb 1, 1993 | Clearing Machine Credit Union | Archer Heights Credit Union |
| Feb 1, 1993 | Manufacturers Bank - Wilmington | Comerica Bank, National Association |
| Feb 1, 1993 | Corky Row Credit Union | St. Anne's Credit Union |
| Feb 1, 1993 | New Pioneer Cooperative Society Credit Union | Greenstate Credit Union |
| Feb 1, 1993 | The Buhler State Bank | Prairie Bank of Kansas |
| Feb 1, 1993 | Kit Com Credit Union | Connection Credit Union |
| Feb 1, 1993 | Cabot Eastern Credit Union | Members Choice WV Federal Credit Union |
| Feb 1, 1993 | DSB Corporation | Firstar Corporation of Illinois |
| Feb 1, 1993 | Merchants and Miners Bancshares, Inc. | Wells Fargo & Company |
| Feb 1, 1993 | Leedey Bancorporation, Inc. | Bancwest, Inc. |
| Feb 1, 1993 | Belleville National Government Employees Credit Union | Scott Credit Union |
| Feb 1, 1993 | Amax Federal Credit Union | Pennformer Federal Credit Union |
| Jan 31, 1993 | Calumet Federal Savings and Loan Association | Security Federal Bank & Trust |
| Jan 31, 1993 | North Royalton School Employees Federal Credit Union | Pse Credit Union, Inc. |
| Jan 31, 1993 | Maple Press Fcu | York Educational 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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