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 |
|---|---|---|
| Nov 15, 1993 | Citizens Savings Bank, SSB | CCB Savings Bank of Lenoir, Inc., SSB |
| Nov 13, 1993 | Liberty Bancorp of Owasso, Inc. | RCB Holding Company, Inc. |
| Nov 13, 1993 | Home Federal Savings Bank of Eastern North Carolina | United Carolina Bank |
| Nov 13, 1993 | Liberty Bank of Owasso | RCB Bank |
| Nov 13, 1993 | American Federal Bank, FSB | Guaranty Bank |
| Nov 13, 1993 | United Savings BANK,F.S.B. | Colonial Bank |
| Nov 11, 1993 | Bank of Florida, National Association | Drummond Community Bank |
| Nov 11, 1993 | Saint Laurence Parish Federal Credit Union | Santa Fe Federal Credit Union |
| Nov 11, 1993 | Postal Savings and Loan Association | Silver Lake Bank |
| Nov 9, 1993 | Limestone Bancshares, Inc. | American Bancorporation, Inc. |
| Nov 9, 1993 | Limestone National Bank | American Heritage Bank |
| Nov 6, 1993 | Pacific Bancorporation | Vallicorp Holdings, Inc. |
| Nov 6, 1993 | Valley Federal Savings and Loan Association | Santander Bank, N.A. |
| Nov 5, 1993 | Illini Bank-East | Illini Bank |
| Nov 5, 1993 | Georgia Security Bank | Premier Bank |
| Nov 5, 1993 | Sangamon Banc Shares, Inc. | Illini Corporation |
| Nov 5, 1993 | Cullen Center Bank & Trust | Frost Bank |
| Nov 5, 1993 | Illini Bank - North | Illini Bank |
| Nov 5, 1993 | Illini Bank of Menard County | Illini Bank |
| Nov 4, 1993 | Spring National Bank | Compass Bank |
| Nov 2, 1993 | Colorado Western Bancorp, Inc. | Banc One Colorado Corporation |
| Nov 2, 1993 | Glacier P E Federal Credit Union | 1st Liberty Federal Credit Union |
| Nov 1, 1993 | Fishburns Employee Federal Credit Union | A New Direction Credit Union |
| Nov 1, 1993 | Larimer Bancorporation, Inc. | First National of Colorado, Inc. |
| Nov 1, 1993 | Midwest Commerce Insurance Corp | NBD Bank |
| Nov 1, 1993 | First American Bank of Georgia N.A. (In Liquidation) | First Union National Bank of Georgia |
| Nov 1, 1993 | The Chicago Public Library Employees Credit Union | Chicago Municipal Employees Credit Union |
| Nov 1, 1993 | National City Bank, Lexington | National City Bank of Kentucky |
| Nov 1, 1993 | Calmat Employees Federal Credit Union | Kinecta Federal Credit Union |
| Nov 1, 1993 | Roll Forming Corporation Employees Federal Credit Union | Autotruck Financial Credit Union |
| Nov 1, 1993 | Bank Midwest | Bank Midwest, Minnesota Iowa, National Association |
| Nov 1, 1993 | Texsteam Employees Credit Union | Smart Financial Credit Union |
| Nov 1, 1993 | A & M Records Employees Federal Credit Union | First Entertainment Credit Union |
| Nov 1, 1993 | Milford Stitching Employees Federal Credit Union | Dover Federal Credit Union |
| Nov 1, 1993 | Sacred Heart Parish Federal Credit Union | Sacred Heart Parish Hallettsville Federal Credit Union |
| Nov 1, 1993 | Huron Federal Credit Union | Genisys Credit Union dba Genisys Investment Services |
| Nov 1, 1993 | Moultrie Container Empl Cu | Multiple Employee Group Federal Credit Union |
| Nov 1, 1993 | Town and Country Credit Union | Financial Plus Credit Union |
| Nov 1, 1993 | Corn Belt State Bank | Union National Bank |
| Nov 1, 1993 | Bally's Federal Credit Union | WestStar Credit Union |
| Nov 1, 1993 | Ocaw I U Local 4 447 Fcu | Total Choice Federal Credit Union |
| Oct 31, 1993 | Cleco Employees Credit Union, Inc. | B F G Federal Credit Union |
| Oct 30, 1993 | Wasatch Bancorp, Inc. | Zions Bancorporation |
| Oct 30, 1993 | FirsTier Savings Bank, F. S. B. | First Bank National Association |
| Oct 30, 1993 | Equimanagement, Inc. | Integra Financial Corporation |
| Oct 30, 1993 | Liberty Bank of Midwest City, National Association | Bank One, Oklahoma, National Association |
| Oct 30, 1993 | Farmers State Bank of Dows | United Bank and Trust Company |
| Oct 30, 1993 | Sugar Creek National Bank | Comerica Bank - Texas |
| Oct 30, 1993 | Wasatch Bank | Zions Bancorporation, N.A. |
| Oct 30, 1993 | FirstBank, National Association | Boatmen's National Bank of Northwest Arkansas |
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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