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 |
|---|---|---|
| Dec 1, 1993 | Grant County Farm Bureau Cooperative Credit Union | Beacon Credit Union |
| Dec 1, 1993 | First Montgomery Bank of Maryland | Sandy Spring Bank |
| Dec 1, 1993 | Safracorp California | Republic New York Corporation |
| Dec 1, 1993 | Midwest National Bancshares, Inc. | Liberty Bancorp, Inc. |
| Dec 1, 1993 | The Watsontown National Bank | Sun Bank |
| Dec 1, 1993 | Midwest National Bank | Bank One, Oklahoma, National Association |
| Dec 1, 1993 | Hawthorne Credit Union | Douglas County Credit Union |
| Dec 1, 1993 | American Home Savings and Loan Association | First Bank, A Federal Savings Bank |
| Dec 1, 1993 | Liberty Credit Union | Oak Trust Credit Union |
| Dec 1, 1993 | VMS Employees Federal Credit Union | Homestead Federal Credit Union |
| Dec 1, 1993 | American Hoechst Federal Credit Union | Sharonview Federal Credit Union |
| Dec 1, 1993 | Miller High Life Employees Federal Credit Union | Pacific Community Credit Union |
| Dec 1, 1993 | Citizens Bank and Trust Company | First Bank of Missouri |
| Dec 1, 1993 | Cosco Federal Credit Union | Centra Credit Union |
| Dec 1, 1993 | The Bank of St. Joseph | First Bank of Missouri |
| Dec 1, 1993 | Cat Fcu | Fidelity Federal Credit Union |
| Dec 1, 1993 | First Essex Savings Bank of New Hampshire | First Essex Bank |
| Dec 1, 1993 | Jefferson National Bank at Sunny Isles | Jefferson Bank of Florida |
| Dec 1, 1993 | Vectra Bank of Englewood | Vectra Bank |
| Dec 1, 1993 | Citizens State Bank | Amcore Bank, National Association, South Central |
| Dec 1, 1993 | C&s/sovran Corporation | Bank of America Corporation |
| Dec 1, 1993 | First Essex Bancorp of New Hampshire Inc | First Essex Bancorp Inc |
| Dec 1, 1993 | First Ohio Student Federal Credit Union | Wright-Patt Credit Union, Inc. |
| Nov 30, 1993 | Sixth Mount Zion Federal Credit Union | Greater Pittsburgh Federal Credit Union |
| Nov 30, 1993 | Commerce Financial Corporation | First United Bancshares, Inc. |
| Nov 30, 1993 | First Amarillo Bancorporation, Inc. | Boatmen's Texas, Inc. |
| Nov 30, 1993 | Commercial State Bank of Orlando | SouthTrust Bank of Orlando |
| Nov 27, 1993 | First Bank of Lafayette, A FSB | The Huntington National Bank of Indiana |
| Nov 23, 1993 | Sentry Savings and Loan Association | Stamford Federal Savings Bank |
| Nov 23, 1993 | Equitable Bank, National Association | Equitable Bank |
| Nov 20, 1993 | (unnamed) | Southern Crescent Bank |
| Nov 20, 1993 | First National Financial Corporation | First Security Corporation |
| Nov 20, 1993 | Community Bank & Trust | Huntington National Bank West Virginia |
| Nov 20, 1993 | City National Bank of Cedar Rapids | Mercantile Bank of Cedar Rapids, Iowa |
| Nov 20, 1993 | Texas Commerce Bank-Odessa, National Association | Chase Bank of Texas, National Association |
| Nov 20, 1993 | Notre Dame Federal Credit Union | Wayne-Westland Federal Credit Union |
| Nov 20, 1993 | Gateway Federal Savings Bank | PNC Bank, Ohio, National Association |
| Nov 20, 1993 | Texas Commerce Bank - El Paso, National Association | Chase Bank of Texas, National Association |
| Nov 20, 1993 | Texas Commerce Bank-Midland, National Association | Chase Bank of Texas, National Association |
| Nov 20, 1993 | Citywide Bank of Applewood | Goldenbank, Applewood |
| Nov 20, 1993 | Prime Bank | Lake City Bank |
| Nov 20, 1993 | Continental Bancorporation | First Security Corporation |
| Nov 20, 1993 | CB&T Clarksburg Corp. | Huntington Bancshares West Virginia, Inc. |
| Nov 19, 1993 | Ralston Bank | Wells Fargo Bank Nebraska, National Association |
| Nov 19, 1993 | Stemmons Northwest Bank, National Association | Fidelity Bank, National Association |
| Nov 18, 1993 | The Byers State Bank | The First National Bank of Strasburg |
| Nov 18, 1993 | M.G. Bancorporation, Inc. | Founders Group, Inc. |
| Nov 17, 1993 | Community Bank of Greater Peoria | Magna Bank, National Association |
| Nov 16, 1993 | Altenburg Bancorp, Inc. | Lincoln County Bancorp, Inc. |
| Nov 15, 1993 | The Valley Bank | CFX 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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