Mergers by Year

Bank Mergers in 1994

The Federal Reserve's National Information Center (NIC) recorded 1,234 merger records involving a bank, credit union or bank holding company in 1994. 655 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 1,201 in 1993.

655

Banks acquired

1 bought by a credit union

Credit unions merged

NIC, credit unions as the acquired side

207

Holding companies

Bank holding companies merged

1,234

All merger records

1994 in US banking ›

Largest bank mergers of 1994

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective	Acquired bank	State	Assets	Acquirer
Dec 31, 1994	First of America Bank-Ann Arbor	MI	—	National City Bank of the Midwest
Dec 31, 1994	Compass Bank	FL	—	Compass Bank
Dec 31, 1994	First of America Bank-Metro Southwest, National Association	IL	—	First of America Bank-Illinois, National Association
Dec 31, 1994	First of America Bank - Springfield, National Association	IL	—	First of America Bank-Illinois, National Association
Dec 31, 1994	Boca Bank	FL	—	Intercontinental Bank, National Association
Dec 31, 1994	First of America Bank-Central	MI	—	National City Bank of the Midwest
Dec 31, 1994	Grayson County State Bank	TX	—	American Bank of Texas
Dec 31, 1994	First of America Bank - Mid Michigan, National Association	MI	—	National City Bank of the Midwest
Dec 31, 1994	The Bank of Greeley	CO	—	Keybank National Association
Dec 31, 1994	American National Bank of Pottsboro	TX	—	American Bank of Texas
Dec 31, 1994	First of America Bank-Southeast Michigan, National Association	MI	—	National City Bank of the Midwest
Dec 31, 1994	First of America Bank-Upper Peninsula, National Association	MI	—	National City Bank of the Midwest
Dec 31, 1994	First of America Bank-Champion, National Association	IL	—	First of America Bank-Illinois, National Association
Dec 31, 1994	First of America Bank-Champaign, National Association	IL	—	First of America Bank-Illinois, National Association
Dec 31, 1994	First State Bank and Trust Company	LA	—	Capital One, N.A.

Biggest bank failures by assets ›

Every merger recorded in 1994

1,234 NIC merger records in 1994 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Dec 31, 1994	First of America Bank-Decatur, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	First Fidelity Bank, FSB	MD	First Fidelity Bank, National Association, New Jersey
Dec 31, 1994	Central Building Corporation	OK	Bank One, Oklahoma City
Dec 31, 1994	First Federal Savings Bank	WV	(unnamed)
Dec 31, 1994	Central Fidelity Mortgage Corporation	VA	Central Fidelity National Bank
Dec 31, 1994	Grenada Sunburst System Corporation	MS	Union Planters Corporation
Dec 31, 1994	Intermountain Investors, Inc.	MT	Bank of Montana System
Dec 31, 1994	Montana Agencies	MT	Bank of Montana System
Dec 31, 1994	Pioneer Bancshares Corporation	LA	Hibernia Corporation
Dec 31, 1994	One Valley Services, Inc.	WV	One Valley Bank, National Association
Dec 31, 1994	The Leonard National Bank	TX	American Bank of Texas
Dec 31, 1994	First of America Bank - Northern Michigan	MI	National City Bank of the Midwest
Dec 31, 1994	J C Typographical Local No 94 Federal Credit Union	NJ	W.K. Federal Credit Union
Dec 31, 1994	First of America Bank-Quad Cities, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	First of America-North Central Illinois, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	First of America Bank-Illinois, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	Pioneer Bank & Trust Company	LA	Capital One, N.A.
Dec 31, 1994	First State Bank and Trust Company	LA	Capital One, N.A.
Dec 31, 1994	First of America Bank-Ann Arbor	MI	National City Bank of the Midwest
Dec 31, 1994	First of America Bank-Metro Southwest, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	First of America Bank - Springfield, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	Compass Bank	FL	Compass Bank
Dec 31, 1994	H & S Credit Union	IL	Taylorville Community Credit Union
Dec 31, 1994	First of America Bank-Central	MI	National City Bank of the Midwest
Dec 31, 1994	First of America Bank-Champaign, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	First of America Bank-Champion, National Association	IL	First of America Bank-Illinois, National Association
Dec 31, 1994	Boca Bank	FL	Intercontinental Bank, National Association
Dec 31, 1994	First of America Bank-Upper Peninsula, National Association	MI	National City Bank of the Midwest
Dec 31, 1994	The Bank of Greeley	CO	Keybank National Association
Dec 31, 1994	Grayson County State Bank	TX	American Bank of Texas
Dec 31, 1994	First of America Bank-Southeast Michigan, National Association	MI	National City Bank of the Midwest
Dec 31, 1994	Octane Credit Union	MA	Touchstone Federal Credit Union
Dec 31, 1994	First of America Bank - Mid Michigan, National Association	MI	National City Bank of the Midwest
Dec 31, 1994	Clairton, Pennsylvania Employees Federal Credit Union	PA	United Community Federal Credit Union
Dec 31, 1994	American National Bank of Pottsboro	TX	American Bank of Texas
Dec 30, 1994	Columbian Newspaper Federal Credit Union	WA	Columbia Community Credit Union
Dec 30, 1994	Robideaux Properties, Inc.	UT	West One Bancorp
Dec 30, 1994	The Bank of Kincaid	KS	Citizens Bank, National Association
Dec 30, 1994	Jamestown Metal Employees Credit Union	NY	Greater Woodlawn Federal Credit Union
Dec 29, 1994	Grand Prairie Bancshares, Inc.	AR	Citizens Bank & Trust
Dec 29, 1994	Saint Charles Federal Bancshares, Inc.	MO	FB Corporation
Dec 29, 1994	Junction City Holding Company	AR	(unnamed)
Dec 29, 1994	Farmers National Bancorp	MD	First Virginia Banks, Inc.
Dec 29, 1994	Martha's Vineyard National Bank	MA	Compass Bank for Savings
Dec 28, 1994	Bourbonnais Bancorp, Inc.	IL	Bank of Bourbonnais
Dec 23, 1994	Community Banks of Kansas, Inc.	KS	First Kansas Holding Company
Dec 23, 1994	Security First Bank	PA	Jefferson Bank
Dec 23, 1994	Chapman Bancshares, Inc.	KS	First Kansas Holding Company
Dec 21, 1994	Usda of North East Employees Federal Credit Union	MA	Hanscom Federal Credit Union
Dec 19, 1994	Banc One Investor Services Corporation	OH	Bank One Corporation

Bank mergers by year

← 1993 · 1995 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

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.

Explore: all mergers · 1994 bank events · browse by acquirer · bank failures · all events