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
Jun 20, 1994	The First National Bank of Springview	NE	West Plains Bank
Jun 20, 1994	First National Bank of Lakewood	CO	Wells Fargo Bank West, National Association
Jun 20, 1994	University National Bank	WI	State Financial Bank, National Association
Jun 18, 1994	First Eastern Bank, National Association	PA	PNC Bank, N.A.
Jun 18, 1994	First Federal Savings Bank	TX	Guaranty Bank
Jun 18, 1994	FNB Financial Corporation	TN	First Virginia Banks, Inc.
Jun 18, 1994	First Eastern Corp.	PA	PNC Bancorp, Inc.
Jun 18, 1994	Suburban Bank	FL	1st United Bank
Jun 18, 1994	Saint Louis Bank for Savings, N.A.	MN	U.S. Bank National Association
Jun 16, 1994	The Valley Bank of Illinois	IL	Alpine Bank & Trust Co.
Jun 16, 1994	Jefferson Mem Hosp Savings Assn Cu	TN	Knoxville Tva Employees Credit Union
Jun 16, 1994	Gramercy Federal Credit Union	LA	New Orleans Firemens Federal Credit Union
Jun 16, 1994	First Interstate Trust Company of Texas	TX	Wells Fargo Bank Texas, National Association
Jun 15, 1994	Investark Bankshares, Inc.	AR	First United Bancshares, Inc.
Jun 14, 1994	DN Plattsburgh Federal Credit Union	NY	GP Community Federal Credit Union
Jun 14, 1994	Keekins Financial Corporation	IL	Boulevard Bancorp, Inc.
Jun 14, 1994	Landmark Federal Credit Union	NY	Lexington Avenue Federal Credit Union
Jun 11, 1994	The State Bank of Satanta	KS	Centera Bank
Jun 11, 1994	914 Corporation	PA	First Eastern Corp.
Jun 11, 1994	Adairville Banking Company	KY	Simpson County Bank
Jun 11, 1994	Citizens Bank of Wakita	OK	Gold BANK
Jun 11, 1994	The Helena National Bank	OK	Gold BANK
Jun 10, 1994	MultiBank West	MA	Fleet National Bank
Jun 10, 1994	Mechanics Bank	MA	Fleet National Bank
Jun 10, 1994	Annapolis Federal Savings Bank	MD	Crestar Bank MD
Jun 9, 1994	Mid States Bancshares, Inc.	IL	Banc One Illinois Corporation
Jun 8, 1994	Middle Island Federal Credit Union	WV	Long Reach Federal Credit Union
Jun 7, 1994	Loudoun Healthcare Federal Credit Union	VA	Loudoun Credit Union
Jun 6, 1994	First State Bank of Santa Fe	NM	First Community Bank
Jun 6, 1994	FirstBank Shinnston	WV	Wesbanco Bank Bridgeport, Inc.
Jun 4, 1994	Mid-South Bank and Trust Company	NC	RBC Bank (USA)
Jun 4, 1994	The National Bancorp of Kentucky, Inc.	KY	Fifth Third Bancorp
Jun 4, 1994	Depositors Trust Company	MA	The Co-operative Bank of Concord
Jun 4, 1994	The National Bank of Cynthiana	KY	Fifth Third Bank, Kentucky, Inc.
Jun 4, 1994	Farmers Savings Bank	OH	Sky Bank-Mid AM Region
Jun 4, 1994	Hull Co-operative Bank	MA	Abington Savings Bank
Jun 4, 1994	The First National Bank of Falmouth	KY	The Fifth Third Bank of Northern Kentucky, Inc.
Jun 3, 1994	State Bank of Breese	IL	First Bank
Jun 3, 1994	Farmers State Bank of Valmeyer	IL	First Bank
Jun 2, 1994	Missouri Council of the Blind Credit Union	MO	West Community Credit Union
Jun 2, 1994	Belden & Associates Investment Counsel	CA	Mellon Trust of California
Jun 2, 1994	Cody Mutual Benefit Association Credit Union	CT	Kief Protective Mutual Benefit Assn Credit Union
Jun 2, 1994	Valley Trust Company	WI	Marshall & Ilsley Trust Company
Jun 1, 1994	American Commercial Savings Bank, Inc., SSB	NC	Wachovia Bank, N.A.
Jun 1, 1994	American Bancshares, Inc.	NC	Wachovia Corporation
Jun 1, 1994	Lincolnland Bancshares, Inc.	IL	Ambanc Corp.
Jun 1, 1994	First Clyde Banc Corp	OH	First Financial Bancorp
Jun 1, 1994	Twin City Financial Services, Inc.	KS	Twin City Corporation
Jun 1, 1994	Ronoco Federal Credit Union	IN	Indiana Members Credit Union
Jun 1, 1994	Queen of Peace Credit Union, Inc.	OH	Chaco Credit Union, Inc.

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.

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