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 |
|---|---|---|
| Apr 30, 1994 | The City National Bank of Atchison | UMB Bank Kansas, National Association |
| Apr 30, 1994 | Billings Division Mdu Credit Union | Rimrock Credit Union |
| Apr 30, 1994 | Bank 2000 | National City Bank, Northeast |
| Apr 30, 1994 | The Kingston State Bank | Independent Bank East Michigan |
| Apr 30, 1994 | Peoples Banking Company of Martins Ferry, Ohio | National City Bank, Northeast |
| Apr 30, 1994 | Maryland National Bank | NationsBank, National Association |
| Apr 30, 1994 | The Commercial National Bank | UMB Bank Kansas, National Association |
| Apr 30, 1994 | First State Bank and Trust Company of East Baton Rouge Parish | Whitney Bank |
| Apr 30, 1994 | The Dollar Savings & Trust Company | National City Bank, Northeast |
| Apr 30, 1994 | Central National Bank | Regions Bank, National Association |
| Apr 30, 1994 | Candlewood Bank and Trust Company | NMBT |
| Apr 30, 1994 | Rio Salado Bank | National Bank of Arizona |
| Apr 30, 1994 | UMB Highland Park Bank and Trust | UMB Bank Kansas, National Association |
| Apr 29, 1994 | Prime Federal Bank, F.S.B. | First Northern Savings Bank |
| Apr 27, 1994 | Thirty Second Avenue Corporation | Lakewood State Bank |
| Apr 26, 1994 | The Grange National Bank of Susquehanna County at New Milford | Meridian Bank |
| Apr 23, 1994 | Great Northern Financial Corporation | Firstmerit Corporation |
| Apr 23, 1994 | Citizens National Bank of Downers Grove | First Bank National Association |
| Apr 23, 1994 | The First National Bank of Des Plaines | First Bank National Association |
| Apr 23, 1994 | The National Security Bank of Chicago | First Bank National Association |
| Apr 23, 1994 | Great Northern Savings Company | Firstmerit Bank, National Association |
| Apr 23, 1994 | Home Federal Savings Bank of Missouri | Roosevelt Bank |
| Apr 23, 1994 | Liberty National Bank of Madisonville | Bank One, Western Kentucky, National Association |
| Apr 23, 1994 | Citizens State Bank | Community State Bank |
| Apr 23, 1994 | Peoples Financial Services, Inc. | Trans Financial, Inc. |
| Apr 22, 1994 | The Sunshine Bank of Wheeling, Inc. | One Valley Bank - North, Inc. |
| Apr 22, 1994 | The Bank of Cameron, Inc. | One Valley Bank - North, Inc. |
| Apr 20, 1994 | Trucking Affiliates Federal Credit Union | Beacon Federal |
| Apr 16, 1994 | First American Bank of Pelham | National Bank of Commerce of Birmingham |
| Apr 15, 1994 | Cullen/Frost Bank of Dallas, National Association | Chase Bank of Texas, National Association |
| Apr 15, 1994 | Neworld Bank | Citizens Bank of Massachusetts |
| Apr 15, 1994 | Texas Commerce Bank - Corpus Christi, National Association | Frost Bank |
| Apr 13, 1994 | Ibew No 70 Federal Credit Union | Ibew 26 Federal Credit Union |
| Apr 13, 1994 | Crested Butte State Bank | Community First National Bank |
| Apr 13, 1994 | First National Bankshares of Gunnison, Inc. | First National Summit Bankshares, Inc. |
| Apr 13, 1994 | Bethel Credit Union | White River Credit Union |
| Apr 11, 1994 | One Valley Bank-East, N.A. | One Valley Bank-East, National Association |
| Apr 11, 1994 | United Community Bank - Greenfield | United Community Bank |
| Apr 11, 1994 | United Community Bank Bunker Hill | United Community Bank |
| Apr 11, 1994 | United Community Bank | United Community Bank |
| Apr 9, 1994 | Associated Bank Wausau | Associated Bank North |
| Apr 9, 1994 | F&M North Corporation | Associated Banc-Corp |
| Apr 9, 1994 | NBC Corporation | Huntington Bancshares West Virginia, Inc. |
| Apr 9, 1994 | Huntington Bank Parkersburg, Inc. | Huntington National Bank West Virginia |
| Apr 9, 1994 | The Cheyenne County State Bank | FNB Bank |
| Apr 9, 1994 | Colonial Central Savings Bank, Federal Savings Bank | Standard Federal Bank |
| Apr 9, 1994 | The Bank of the Hamptons, N.A. | The Suffolk County National Bank of Riverhead |
| Apr 8, 1994 | The Georgia State Bank of Rome | AmSouth Bank of Georgia |
| Apr 8, 1994 | First Federal Savings Bank | AmSouth Bank of Georgia |
| Apr 8, 1994 | The Chattahoochee Bank | Bank South |
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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