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 |
|---|---|---|
| Oct 29, 1993 | Buffalo Psychiatric Center Federal Credit Union | Western New York Federal Credit Union |
| Oct 29, 1993 | Mega Bancshares, Inc. | Landmark Bancshares Corporation |
| Oct 29, 1993 | Somerset Trust Company | Summit Bank |
| Oct 29, 1993 | Mega Bank of St. Charles County | Mega Bank |
| Oct 29, 1993 | Mega Bank of St. Louis County | Mega Bank |
| Oct 29, 1993 | State Bank of Green River | First Security Bank of Wyoming |
| Oct 28, 1993 | First American Bank of Maryland | First Union National Bank of Maryland |
| Oct 28, 1993 | Somerset Investment Company | Summit Bank |
| Oct 28, 1993 | First American Bank of Virginia | First Union National Bank of Virginia |
| Oct 23, 1993 | Lamoni State Bank | Liberty Bank & Trust |
| Oct 23, 1993 | American National Bank of Arlington Heights | American National Bank and Trust Company of Chicago |
| Oct 22, 1993 | NBD Bank, National Association | NBD Bank, National Association |
| Oct 22, 1993 | University Bank | Wells Fargo Bank Wisconsin, National Association |
| Oct 22, 1993 | Liberty Bank of Fort Walton Beach | Compass Bank |
| Oct 22, 1993 | First Federal Savings Bank of De Funiak Springs | Regions Bank of Florida |
| Oct 19, 1993 | Commerce Bank | Commerce Bank, National Association |
| Oct 18, 1993 | Jefferson County Schools Federal Credit Union | 167th TFR Federal Credit Union |
| Oct 16, 1993 | Community Bank and Trust of Randolph County | Community Bank & Trust |
| Oct 16, 1993 | Texas Commerce Bank - Rio Grande Valley, National Association | Chase Bank of Texas, National Association |
| Oct 16, 1993 | Star Bank, National Association, Sidney | U.S. Bank N.A. |
| Oct 15, 1993 | State Bank of Virden | The First National Bank of Raymond |
| Oct 15, 1993 | 1889 Bankcorp | Independent Bank Corporation |
| Oct 15, 1993 | Missouri Valley Financial Services, Inc. | Quick Bancorp, Inc. |
| Oct 15, 1993 | Coastal Bend National Bank | Corpus Christi National Bank |
| Oct 15, 1993 | First Savings Bank of Forest City, S.S.B. | RBC Bank (USA) |
| Oct 15, 1993 | First Gulf Bank | AmSouth Bank of Florida |
| Oct 15, 1993 | State Bank of Girard | The First National Bank of Raymond |
| Oct 15, 1993 | Leadership Bank, National Association | First National Bank of Oklahoma |
| Oct 15, 1993 | The First National Bank of Clearwater | AmSouth Bank of Florida |
| Oct 14, 1993 | Citizens Bank of Massachusetts | Citizens Bank of Massachusetts |
| Oct 13, 1993 | Keuka-Seneca Federal Credit Union | Servu Federal Credit Union |
| Oct 12, 1993 | Florida Trust Services of Ohio Bancorp | National City Trust Company |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | Commercial Federal Bank, a Federal Savings Bank |
| Oct 9, 1993 | First Colonial Bank for Savings | Eastern Bank |
| Oct 9, 1993 | First Bank South, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Southeast, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Minnesota (National Association) | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Anoka, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank North, National Association | U.S. Bank National Association |
| Oct 9, 1993 | Mutual Savings and Loan Association | Cenfed Bank, a Federal Savings Bank |
| Oct 9, 1993 | Cromwell Community Credit Union | Members Cooperative Credit Union |
| Oct 9, 1993 | First Bank Forest Lake, National Association | U.S. Bank National Association |
| Oct 9, 1993 | First Bank Central, National Association | U.S. Bank National Association |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | Home National Bank |
| Oct 9, 1993 | Heartland Federal Savings and Loan Association | BOKF, N.A. |
| Oct 8, 1993 | East Coast Savings Bank, SSB | Southern National Bank of North Carolina |
| Oct 8, 1993 | Carey Salt Employees Federal Credit Union | Heartland Credit Union |
| Oct 7, 1993 | Ralston Bancshares, Inc. | Wells Fargo & Company |
| Oct 6, 1993 | Nash Engineering Federal Credit Union | Mutual Security Credit Union, Inc. |
| Oct 4, 1993 | The First National Bank of Edmond | Bank One, Oklahoma, National Association |
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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