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
0
Credit unions merged
NIC, credit unions as the acquired side
207
Holding companies
Bank holding companies merged
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 1994 | First of America Bank-Ann Arbor | — | National City Bank of the Midwest |
| Dec 31, 1994 | Compass Bank | — | Compass Bank |
| Dec 31, 1994 | First of America Bank-Metro Southwest, National Association | — | First of America Bank-Illinois, National Association |
| Dec 31, 1994 | First of America Bank - Springfield, National Association | — | First of America Bank-Illinois, National Association |
| Dec 31, 1994 | Boca Bank | — | Intercontinental Bank, National Association |
| Dec 31, 1994 | First of America Bank-Central | — | National City Bank of the Midwest |
| Dec 31, 1994 | Grayson County State Bank | — | American Bank of Texas |
| Dec 31, 1994 | First of America Bank - Mid Michigan, National Association | — | National City Bank of the Midwest |
| Dec 31, 1994 | The Bank of Greeley | — | Keybank National Association |
| Dec 31, 1994 | American National Bank of Pottsboro | — | American Bank of Texas |
| Dec 31, 1994 | First of America Bank-Southeast Michigan, National Association | — | National City Bank of the Midwest |
| Dec 31, 1994 | First of America Bank-Upper Peninsula, National Association | — | National City Bank of the Midwest |
| Dec 31, 1994 | First of America Bank-Champion, National Association | — | First of America Bank-Illinois, National Association |
| Dec 31, 1994 | First of America Bank-Champaign, National Association | — | First of America Bank-Illinois, National Association |
| Dec 31, 1994 | First State Bank and Trust Company | — | Capital One, N.A. |
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 | Acquirer |
|---|---|---|
| Jul 1, 1994 | UMB Citizens Bank and Trust Company | UMB National Bank of America |
| Jul 1, 1994 | Newington Childrens Hospital Federal Credit Union | Wellness Federal Credit Union |
| Jul 1, 1994 | UMB Farmers National Bank of Abilene | UMB National Bank of America |
| Jul 1, 1994 | Bastrop National Bank | Capital One, N.A. |
| Jul 1, 1994 | Super Valu/retailers Credit Union | Aod Federal Credit Union |
| Jul 1, 1994 | Washington Savings Bank | Hudson United Bank |
| Jul 1, 1994 | Citizens Bank and Trust Company | Priorityone Bank |
| Jul 1, 1994 | Atlantic City Postal Employees Federal Credit Union | Atlantic City Firemens Federal Credit Union |
| Jul 1, 1994 | Monroe Community Federal Credit Union | Valor Federal Credit Union |
| Jul 1, 1994 | (unnamed) | Union Bank and Trust Company of Indiana |
| Jul 1, 1994 | (unnamed) | Norwest Bank Texas, South Central |
| Jul 1, 1994 | VSB Bancorp, Inc. | Summit Bancorp. |
| Jul 1, 1994 | Doctors Hospital Employees Credit Union | Tropical Financial Credit Union |
| Jul 1, 1994 | Washington Bancorp, Inc. | Hudson United Bancorp |
| Jul 1, 1994 | Citizens Bancshares of Marysville, Inc. | Community Bancshares of Marysville, Inc. |
| Jul 1, 1994 | Cottage Grove Bancorporation, Inc. | U.S. Bancorp |
| Jul 1, 1994 | Hutchinson Bancorp, Inc. | Marquette Financial Companies |
| Jul 1, 1994 | Commercial Bancshares, Inc. | Hibernia Corporation |
| Jul 1, 1994 | Citizens Capital Corporation | Priorityone Capital Corporation |
| Jul 1, 1994 | L S B Bancshares Inc of South Carolina | BB&T Financial Corporation of South Carolina |
| Jul 1, 1994 | First National Bank in Golconda | Illinois One Bank, National Association |
| Jul 1, 1994 | State Bank of Du Bois | State Bank of Table Rock |
| Jul 1, 1994 | The First National Bank in Elizabethtown | Illinois One Bank, National Association |
| Jul 1, 1994 | Valley First National Bank of Ripon | M&I Central State Bank |
| Jul 1, 1994 | Varo Federal Credit Union | Patelco Credit Union |
| Jul 1, 1994 | A of V Employees Federal Credit Union | Union Yes Federal Credit Union |
| Jul 1, 1994 | FCD Corporation Employees Credit Union | First Connecticut Credit Union |
| Jul 1, 1994 | American Trust Company of Hawaii, Inc. | Hawaiian Trust Company, Limited |
| Jul 1, 1994 | Madera County Federal Employees Credit Union | Valley Oak Credit Union |
| Jul 1, 1994 | School District 149 Federal Credit Union | Illiana Financial Credit Union |
| Jul 1, 1994 | Bishop Trust Company, Ltd. | Hawaiian Trust Company, Limited |
| Jul 1, 1994 | El Paso Refining Company LTD Federal Credit Union | Golden Key Federal Credit Union |
| Jul 1, 1994 | Associated Bank Menomonee Falls | Associated Bank Milwaukee |
| Jul 1, 1994 | Pittsburgh Coke and Chemical Employees Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Jul 1, 1994 | Medical Credit Union | Adventure Credit Union |
| Jul 1, 1994 | Amerada Federal Credit Union | Westreet Federal Credit Union |
| Jul 1, 1994 | T E a M Credit Union | Advancial Federal Credit Union |
| Jul 1, 1994 | Bank of Coral Gables | Intercontinental Bank, National Association |
| Jul 1, 1994 | UMB Security State Bank | UMB National Bank of America |
| Jul 1, 1994 | Monroe Credit Union | The Atlantic Federal Credit Union |
| Jul 1, 1994 | Ecorse Municipal Employees Credit Union | Downriver Community Federal Credit Union |
| Jul 1, 1994 | UMB-First Bank & Trust, National Association | UMB National Bank of America |
| Jul 1, 1994 | Tel-Rad Employees Federal Credit Union | American Broadcast Employees Federal Credit Union |
| Jul 1, 1994 | Key Trust Company of Florida N.A. | Key Trust Company of Florida, N.A. |
| Jul 1, 1994 | Trust Company Bank of Coffee County | SunTrust Bank, South Georgia, National Association |
| Jul 1, 1994 | Chamberlain Employees Credit Union | Iowa Community Credit Union |
| Jul 1, 1994 | Calexico City Employees Federal Credit Union | Sun Community Federal Credit Union |
| Jul 1, 1994 | UMB Russell State Bank | UMB National Bank of America |
| Jul 1, 1994 | Farm & Home Savings Association | Roosevelt Bank |
| Jul 1, 1994 | Liberty Bank | Bank of America Federal Savings 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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