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 1, 1994 | Northwest Methodist Federal Credit Union | Interfaith Federal Credit Union |
| Apr 1, 1994 | Sja Federal Credit Union | Premier Federal Credit Union |
| Apr 1, 1994 | Washington Telco Credit Union | Whatcom Educational Credit Union |
| Apr 1, 1994 | Government Employees Credit Union | Statewide Federal Credit Union |
| Apr 1, 1994 | Circle E Employees Oakmont Federal Credit Union | Pittsburgh Central Federal Credit Union |
| Apr 1, 1994 | Froedtert Employees Credit Union | Guardian Credit Union |
| Apr 1, 1994 | St. Andrew's South Bound Brook Federal Credit Union | Ukrainian National Federal Credit Union |
| Apr 1, 1994 | Allied Aftermarket Division Employees Credit Union | Navigant Credit Union |
| Apr 1, 1994 | Atlanta National Bank | Bath National Bank |
| Apr 1, 1994 | Seap Fcu | La Capitol Federal Credit Union |
| Apr 1, 1994 | Ex Cell O Federal Credit Union | Nickel Steel Federal Credit Union |
| Apr 1, 1994 | First Commerce Savings, Inc. | National Bank of Commerce Trust and Savings Association |
| Apr 1, 1994 | (unnamed) | United Bank & Trust, National Association |
| Apr 1, 1994 | Central National Bank-Newton | Central National Bank |
| Apr 1, 1994 | First National Bank of Bradford County | CNB National Bank |
| Apr 1, 1994 | Baton Rouge Bank & Trust Company | Whitney National Bank |
| Apr 1, 1994 | Amalgamated 534 Credit Union | Southern Illinois Area Credit Union |
| Apr 1, 1994 | Boatmen's Bank of Delaware | Boatmen's Credit Card Bank |
| Apr 1, 1994 | Rural American Bank of Greenwald | Community First State Bank of Paynesville |
| Apr 1, 1994 | Houghton Financial, Inc. | Michigan Financial Corporation |
| Apr 1, 1994 | Clin-Ark Bankshares, Inc. | North Arkansas Bancshares, Inc. |
| Mar 31, 1994 | Danbury F C I Federal Credit Union | New Haven Postal Employees Federal Credit Union |
| Mar 31, 1994 | Wray State Bancorporation | Washington Investment Company |
| Mar 31, 1994 | Woodland Bancorp, Inc. | Boatmen's Oklahoma, Inc. |
| Mar 31, 1994 | MBC Corp. | California Bancshares, Inc. |
| Mar 31, 1994 | Pacific Western Bancshares, Inc. | Comerica Holdings Incorporated |
| Mar 31, 1994 | Millcreek Township Federal Credit Union | Americo Federal Credit Union |
| Mar 31, 1994 | Heritage National Bank | First Bank |
| Mar 31, 1994 | Woodland Bank | Boatmen's First National Bank of Oklahoma |
| Mar 31, 1994 | Egmc Federal Credit Union | The Atlantic Federal Credit Union |
| Mar 31, 1994 | Blind of Iowa Credit Union | Community Choice Credit Union |
| Mar 31, 1994 | Gove County Farmers Credit Union | Golden Plains Credit Union |
| Mar 30, 1994 | Riht Financial Corporation | Bancboston Holdings, Inc. |
| Mar 30, 1994 | Casco-Northern Corporation | Bancboston Holdings, Inc. |
| Mar 30, 1994 | The Bank of Chester County | Jefferson Bank |
| Mar 29, 1994 | Brookings Federal Bank, a federal savings bank | Pathward, N.A. |
| Mar 28, 1994 | Pioneer Bank | Independent Bank East Michigan |
| Mar 26, 1994 | Rocky Mountain Bank, F.S.B. | First Bank, Federal Savings Bank |
| Mar 25, 1994 | Century Bank | Keybank National Association |
| Mar 25, 1994 | The Bank of Bladenboro | First-Citizens Bank & Trust Company |
| Mar 25, 1994 | First City Bank | BancFirst |
| Mar 25, 1994 | Century Bank Fort Collins | Keybank National Association |
| Mar 25, 1994 | First Peoples National Bank | First Fidelity Bank, National Association, New Jersey |
| Mar 25, 1994 | Mid-Wisconsin Neillsville Bank | Mid-Wisconsin Bank |
| Mar 25, 1994 | Mid-Wisconsin Bank of Colby | Mid-Wisconsin Bank |
| Mar 25, 1994 | First Savings Bank, Inc., SSB | Southern National Bank of North Carolina |
| Mar 25, 1994 | Key Bank of Colorado | Keybank National Association |
| Mar 25, 1994 | Commercial Bancorporation of Colorado | Keycorp |
| Mar 25, 1994 | Davidson Savings Bank, Inc., SSB | Southern National Bank of North Carolina |
| Mar 25, 1994 | Century Bank-Academy at Hancock | Keybank 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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