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 1, 1993 | Nordberg Credit Union | First Credit Union |
| Oct 1, 1993 | Napa Valley Credit Union | The Golden 1 Credit Union |
| Oct 1, 1993 | W. S. E. Federal Credit Union | Ohio Valley Community Federal Credit Union |
| Oct 1, 1993 | Republic Bank | Republic Bank |
| Sep 30, 1993 | Phillips University Federal Credit Union | Communication Federal Credit Union |
| Sep 30, 1993 | Northeast Concerned Christians Credit Union | Credit Union One of Oklahoma |
| Sep 30, 1993 | First American Metro Corp. | Wachovia Corporation |
| Sep 30, 1993 | South Alabama Bancorporation, Inc. | Banctrust Financial Group, Inc. |
| Sep 30, 1993 | Virginia Bankshares Inc | First Union Corporation of Virginia |
| Sep 30, 1993 | Keystone Printing Credit Union | Community Trust Credit Union |
| Sep 30, 1993 | Merced County Grangers Federal Credit Union | Fresno Grangers Federal Credit Union |
| Sep 30, 1993 | Marquette Credit Union | Gfa Federal Credit Union |
| Sep 29, 1993 | First State Bank | Citizens State Bank |
| Sep 27, 1993 | Wesbanco Bank Sistersville | WesBanco Bank, Inc. |
| Sep 27, 1993 | Polish Union of America Federal Credit Union | St. Johns Buffalo Federal Credit Union |
| Sep 27, 1993 | Wesbanco Bank New Martinsville | WesBanco Bank, Inc. |
| Sep 26, 1993 | Jostens Employees Credit Union | Ascend Federal Credit Union |
| Sep 25, 1993 | Community Bank & Trust of Ritchie County, Inc. | Community Bank & Trust |
| Sep 25, 1993 | Button Gwinnett National Bank | Mountain National Bank |
| Sep 25, 1993 | The Bank of San Antonio/Medical Center | Compass Bank-San Antonio |
| Sep 25, 1993 | Frio National Bank | Camino Real Bank, National Association |
| Sep 25, 1993 | Frontier State Bank | Camino Real Bank, National Association |
| Sep 25, 1993 | Cal-West National Bank | Overland Bank |
| Sep 24, 1993 | State Bank of Conger (Incorporated) | Americana National Bank |
| Sep 24, 1993 | Park Ridge Bancshares, Inc. | F & M Merger Corporation |
| Sep 24, 1993 | East Dubuque Investment Corporation | East Dubuque Bancshares, Inc. |
| Sep 24, 1993 | Pioneer Savings Bank, Inc. | First-Citizens Bank & Trust Company |
| Sep 24, 1993 | State Bank of Conger (Incorporated) | American Bank of the North |
| Sep 23, 1993 | Marcus Whitman Federal Credit Union | Canandaigua Federal Credit Union |
| Sep 22, 1993 | Utica Community Federal Credit Union | G.P.O. Federal Credit Union |
| Sep 18, 1993 | Commercial Bank and Trust Company | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | Commercial Landmark Corporation | IV Commercial Acquisition, Inc. |
| Sep 18, 1993 | Lovell National Bank | First Bank of Wyoming |
| Sep 18, 1993 | Star Bank, Preble County | U.S. Bank N.A. |
| Sep 18, 1993 | The Farmers and Merchants National Bank of Hamilton | F&M Bank-Winchester |
| Sep 18, 1993 | Commercial Bank & Trust Co. of Tulsa | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | First Bank and Trust Co. of Tahlequah | Boatmen's National Bank of Oklahoma |
| Sep 18, 1993 | U.S. Shoe Flemingsburg Federal Credit Union | Members Trust Federal Credit Union |
| Sep 18, 1993 | Star Bank, National Association, Troy | U.S. Bank N.A. |
| Sep 18, 1993 | First Bank & Trust Co. of Fort Gibson | Boatmen's National Bank of Oklahoma |
| Sep 17, 1993 | Harvest Bancorp, Inc. | The Farmers and Merchants National Bank of Hamilton |
| Sep 17, 1993 | Crown Charter National Bank | Fidelity Bank, National Association |
| Sep 15, 1993 | First State Bank Chokio | United Farmers & Merchants State Bank |
| Sep 13, 1993 | The Farmers National Bank of Ridgeway | Bank Northwest |
| Sep 13, 1993 | Parkway Bank | Mark Twain Kansas Bank |
| Sep 13, 1993 | Crawford State Bank | Security First Bank |
| Sep 11, 1993 | CB&T-Westover Bank, Inc. | United Bank |
| Sep 11, 1993 | Keystone Bancshares, Incorporated | Freedombank Shares, Inc. |
| Sep 11, 1993 | Beaver Trust Company | First Western Bank, National Association |
| Sep 10, 1993 | First Bentonville Bancshares, Inc. | Boatmen's Arkansas, Inc |
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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