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 |
|---|---|---|
| Mar 25, 1994 | Century Bank Broadmoor/Skyway | Keybank National Association |
| Mar 24, 1994 | Star Banc Corporation, Kentucky | Star Banc Corporation |
| Mar 23, 1994 | NBR Financial, Inc. | Vectra Bank of Boulder |
| Mar 22, 1994 | Stark Bankshares, Inc. | Southeast Bancshares, Inc. |
| Mar 22, 1994 | Pulaski Bancshares, Inc. | F & M Merger Corporation |
| Mar 22, 1994 | Neosho County Bancshares, Inc. | Southeast Bancshares, Inc. |
| Mar 22, 1994 | Thayer Bancshares, Inc. | Southeast Bancshares, Inc. |
| Mar 22, 1994 | First Neodesha Bancshares, Inc. | Southeast Bancshares, Inc. |
| Mar 22, 1994 | International Banking Corporation | Vectra Bank |
| Mar 22, 1994 | Erie Bankshares, Inc. | Southeast Bancshares, Inc. |
| Mar 22, 1994 | Chetopa State Bancshares, Inc. | Southeast Bancshares, Inc. |
| Mar 21, 1994 | Park Forest Municipal Employees Credit Union | Illiana Financial Credit Union |
| Mar 21, 1994 | FirstAmerican Bank, National Association | Norwest Bank Colorado Springs, National Association |
| Mar 19, 1994 | Northern Bank | American National Bank |
| Mar 19, 1994 | San Diego Financial Corporation | First Interstate Bancorp |
| Mar 19, 1994 | The First National Bank of Bethany | Farmers Bank of Northern Missouri |
| Mar 19, 1994 | Hanover Bank | Summit Bank |
| Mar 19, 1994 | First State Bank of Goltry | Cowboy Bank |
| Mar 19, 1994 | Bank of Waterbury | Centerbank |
| Mar 19, 1994 | San Diego Trust & Savings Bank | First Interstate Bank of California |
| Mar 19, 1994 | The Hazleton National Bank | Summit Bank |
| Mar 19, 1994 | Steubenville Plumbers & Pipefitters Federal Credit Union | First Choice America Community Federal Credit Union |
| Mar 19, 1994 | American Bank Mankato | U.S. Bank National Association |
| Mar 18, 1994 | The Merchant Bank of Atlanta | Bank South |
| Mar 18, 1994 | Providence Savings and Loan Association, Federal Association | Crestar Bank |
| Mar 18, 1994 | NVR Savings Bank, FSB | Crestar Bank |
| Mar 18, 1994 | Orange Bank | AmSouth Bank of Florida |
| Mar 17, 1994 | Westfield State Bank | AmBank Illinois |
| Mar 17, 1994 | Constellation Bancorp | Corestates Financial Corp |
| Mar 15, 1994 | Basin Bancorp Inc. | First Citizens Bancorp |
| Mar 15, 1994 | Chattahoochee Bancorp, Inc. | Bank South Corporation |
| Mar 14, 1994 | S U Employees Federal Credit Union | Service 1st Federal Credit Union |
| Mar 12, 1994 | Columbia Savings Bank, A Federal Savings Bank | Columbia State Bank |
| Mar 12, 1994 | Melrose Bancshares, Inc. | Zappco, Inc. |
| Mar 12, 1994 | First National Bank of Montrose | Bank One, Western Colorado, National Association |
| Mar 12, 1994 | Republic Bank of Tecumseh | First United Bank and Trust Company |
| Mar 12, 1994 | The First National Bank of Highland | Central Bank |
| Mar 11, 1994 | Standard Oil Employees Credit Union | Kemba Indianapolis Credit Union |
| Mar 11, 1994 | FCC Texas, Inc. | State First Financial Corporation |
| Mar 11, 1994 | TRB Bethlehem, Inc. | Ramapo Financial Corporation |
| Mar 11, 1994 | TRB Marine, Inc. | Ramapo Financial Corporation |
| Mar 11, 1994 | Merchant Bank Corporation | Bank South Corporation |
| Mar 10, 1994 | Wheatland Bank of Goessel | The Citizens State Bank |
| Mar 9, 1994 | Local 910 I B E W Federal Credit Union | Northern Credit Union |
| Mar 9, 1994 | Commerce Bank of St. Francois County, National Association | Commerce Bank, National Association |
| Mar 8, 1994 | KSB Financial, Inc. | Independent Bank Corporation |
| Mar 8, 1994 | Parkdale Bank | Bank One, Texas, National Association |
| Mar 5, 1994 | First Marshall Bancshares, Inc. | First Financial Corporation |
| Mar 4, 1994 | (unnamed) | Norwest Bank Minnesota Central, National Association |
| Mar 4, 1994 | Rock Falls Bancshares, Inc. | First Sterling Bancorp., Inc. |
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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