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 | Fleet Bank | Fleet Bank |
| Jul 1, 1994 | First Commercial Bank, Franklin, Louisiana | Capital One, N.A. |
| Jul 1, 1994 | Lake Country Bank | Armstrong Bank |
| Jul 1, 1994 | Quincy P & G Federal Credit Union | Bridgewater Credit Union |
| Jul 1, 1994 | F P Kenkel Federal Credit Union | Viriva Community Credit Union |
| Jul 1, 1994 | Peoples Bank and Trust Company | Citizens Bank of Kentucky |
| Jul 1, 1994 | Layne Memphis Employees Federal Credit Union | Southern Security Federal Credit Union |
| Jun 30, 1994 | The First National Bank of Tuckahoe | Sun National Bank |
| Jun 30, 1994 | The Bank of Bradenton | SouthTrust Bank of the Suncoast |
| Jun 30, 1994 | P & W V Rook Credit Union | Southwest Communities Federal Credit Union |
| Jun 30, 1994 | Pacific Western Bank | Comerica Bank-California |
| Jun 30, 1994 | First National Bank and Trust Company in Dodge City | Bank IV, National Association |
| Jun 30, 1994 | Metro Bank of Broken Arrow | Boatmen's National Bank of Oklahoma |
| Jun 30, 1994 | First National Bancshares of Dodge City, Inc. | Fourth Financial Corporation |
| Jun 30, 1994 | First Dodge City Bancshares, Inc. | Fourth Financial Corporation |
| Jun 30, 1994 | Metro Bancshares, Inc. | Fourth Financial Corporation |
| Jun 30, 1994 | Tower-Soudan Agency, Inc. | Tower Bancshares, Inc. |
| Jun 30, 1994 | Bank of Chesterfield | (unnamed) |
| Jun 30, 1994 | Financial Center Corporation | Capitol Bancorp Ltd. |
| Jun 30, 1994 | Equity Financial Services, Inc. | Boatmen's National Bank of Oklahoma |
| Jun 30, 1994 | United Bank Card, Inc. | Boatmen's National Bank of Oklahoma |
| Jun 28, 1994 | Home Oil Federal Credit Union | Mutual Security Credit Union, Inc. |
| Jun 27, 1994 | Gateway Bank | Fleet National Bank |
| Jun 27, 1994 | Gateway Financial Corporation | Shawmut Service Corporation |
| Jun 27, 1994 | Independence Bancorp, Inc. | Corestates Financial Corp |
| Jun 25, 1994 | NBCC, Inc. | Huntington Bancshares West Virginia, Inc. |
| Jun 25, 1994 | First Virginia Bank of Augusta | First Virginia Bank - Blue Ridge |
| Jun 25, 1994 | The D'Arbonne Bank and Trust Company | Bank One, Louisiana, National Association |
| Jun 25, 1994 | Heritage Bank of Morehouse | Bank One, Louisiana, National Association |
| Jun 25, 1994 | Western Industrial National Bank | Citizens Business Bank, N.A. |
| Jun 25, 1994 | Huntington Bank Huntington National Association | Huntington Bank Charleston N.A. |
| Jun 25, 1994 | Ruston State Bank & Trust Company | Bank One, Louisiana, National Association |
| Jun 25, 1994 | West Side National Bank of Pearland | Harrisburg Bank, Houston, Texas |
| Jun 25, 1994 | First Virginia Bank - Planters | First Virginia Bank - Blue Ridge |
| Jun 25, 1994 | Heritage Bank of Natchitoches | Bank One, Louisiana, National Association |
| Jun 25, 1994 | D'Arbonne Bancshares, Inc. | Premier Bancorp, Incorporated |
| Jun 25, 1994 | Heritage Financial Corporation | Premier Bancorp, Incorporated |
| Jun 24, 1994 | Fortune Bank a Savings Bank | AmSouth Bank of Florida |
| Jun 24, 1994 | Mount Holly State Bank | The Bank of Mid-Jersey |
| Jun 24, 1994 | Continental State Bank | Fredonia State Bank |
| Jun 23, 1994 | Upper Midwest Financial Corporation | Pipestone Bancshares, Inc. |
| Jun 23, 1994 | Elmwood Federal Savings Bank | Keystone Bank, National Association |
| Jun 22, 1994 | Oneida Teachers Federal Credit Union | Americu Credit Union |
| Jun 22, 1994 | Royalton Bancshares, Inc. | The Tysan Corporation |
| Jun 21, 1994 | Old State Bank Corporation | First Michigan Bank Corporation |
| Jun 20, 1994 | First National Bank of Southeast Denver | Wells Fargo Bank West, National Association |
| Jun 20, 1994 | Eastbrook State Bank | State Financial Bank, National Association |
| Jun 20, 1994 | City Co-operative Bank | United Bank |
| Jun 20, 1994 | First National Bank of Arapahoe County | Wells Fargo Bank West, National Association |
| Jun 20, 1994 | Edgewood Bank | State Financial Bank, 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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