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 6, 1994 | Southern Colorado Bancshares, Inc. | Sturm Banks of Colorado, Inc. |
| Apr 5, 1994 | Wesbanco Bank Wellsburg, Inc. | WesBanco Bank, Inc. |
| Apr 5, 1994 | International Holding Capital Corp | CB Bancshares, Inc. |
| Apr 5, 1994 | Citizens National Corporation | Amsouth Bancorporation |
| Apr 5, 1994 | Parkway Bancorp, Inc. | Amsouth Bancorporation |
| Apr 4, 1994 | First Community Federal Savings and Loan Association | Commerce Bank, National Association |
| Apr 2, 1994 | Globe Credit Union | Century Credit Union |
| Apr 1, 1994 | Ada Banc Shares, Inc. | Community First Bankshares, Inc. |
| Apr 1, 1994 | O G & E Employees Credit Union | Communication Federal Credit Union |
| Apr 1, 1994 | South Plains Federal Credit Union | Alliance Credit Union |
| Apr 1, 1994 | Roses Credit Association Federal Credit Union | Freedom Federal Credit Union |
| Apr 1, 1994 | National City Bank, Bowling Green | National City Bank of Kentucky |
| Apr 1, 1994 | Farmers Liberty Bank | Trans Financial Bank, N.A. |
| Apr 1, 1994 | National City Bank, Ashland Kentucky | National City Bank of Kentucky |
| Apr 1, 1994 | Central Bank - Herington | Central National Bank |
| Apr 1, 1994 | Homestead Savings Bank Federal Savings Bank | CENIT Bank |
| Apr 1, 1994 | K of C Upper Darby Federal Credit Union | Upper Darby Belltelco Federal Credit Union |
| Apr 1, 1994 | Columbus Foundries Fcu | Members Alliance Federal Credit Union |
| Apr 1, 1994 | Vulcan Materials Cu | Mutual Savings Credit Union |
| Apr 1, 1994 | Crestwood State Bank | National City Bank of Kentucky |
| Apr 1, 1994 | Peoples First Bank of Morehead | Trans Financial Bank, N.A. |
| Apr 1, 1994 | Ryerson Philadelphia Employees Federal Credit Union | American Heritage Federal Credit Union |
| Apr 1, 1994 | Roydon Wear Federal Credit Union | Robins Financial Credit Union |
| Apr 1, 1994 | Communications Credit Union | Central Communications Credit Union |
| Apr 1, 1994 | Caa Caribe Federal Credit Union | Jetstream Federal Credit Union |
| Apr 1, 1994 | De Lasalle Federal Credit Union | Christian Financial Credit Union |
| Apr 1, 1994 | The Otwell State Bank | Community Trust Bank |
| Apr 1, 1994 | Tribune Credit Union | Governmental Employees Credit Union |
| Apr 1, 1994 | Community Savings Bank | Andover Bank |
| Apr 1, 1994 | Bedford Heights Municipal Federal Credit Union | North Coast Credit Union |
| Apr 1, 1994 | Anderson Brothers Manufacturing Employees Federal Credit Union | Heritage Credit Union |
| Apr 1, 1994 | N and W Indiana Employees Federal Credit Union | First Trust Credit Union |
| Apr 1, 1994 | First Federal Savings and Loan Association | Southbank, Federal Savings Bank |
| Apr 1, 1994 | First Fidelity Savings Bank, F.S.B. | First American National Bank |
| Apr 1, 1994 | The State National Bank of Maysville | Trans Financial Bank, N.A. |
| Apr 1, 1994 | Ball-Incon Asheville Employees Credit Union | Telco Community Credit Union |
| Apr 1, 1994 | Winter Haven Muni Fcu | Midflorida Credit Union |
| Apr 1, 1994 | Printz Federal Credit Union | Sun East Federal Credit Union |
| Apr 1, 1994 | Slip Not Fcu | Appalachian Community Federal Credit Union |
| Apr 1, 1994 | Capital Health System Credit Union | Belco Community Credit Union |
| Apr 1, 1994 | First State Bank of Patoka | The FNB Community Bank |
| Apr 1, 1994 | Goss Employees Credit Union | Financial Partners Credit Union |
| Apr 1, 1994 | Texas Bank of Garland, National Association | First State Bank of Texas |
| Apr 1, 1994 | Your Federal Credit Union | Bay Cities Credit Union |
| Apr 1, 1994 | Blind of Minnesota Credit Union | Topline Financial Credit Union |
| Apr 1, 1994 | Central Bank & Trust Company, Owensboro, Kentucky | National City Bank of Kentucky |
| Apr 1, 1994 | The Ramsey State Bank | The FNB Community Bank |
| Apr 1, 1994 | Calpak San Jose Federal Credit Union | Excite Credit Union |
| Apr 1, 1994 | D & RGW Car Department Employees Federal Credit Union | Transwest Credit Union |
| Apr 1, 1994 | Contra Costa Grangers Credit Union | Butte Federal Credit Union |
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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