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 1, 1994 | Citizens Bank | Citizens First Bank |
| Mar 1, 1994 | 1st Columbia Corp. | Greater Columbia Bancshares, Inc. |
| Mar 1, 1994 | Metro Bancorp, Inc. | First National Bancorp |
| Mar 1, 1994 | FirstBank Investment Co., Inc. | Cbi-Kansas, Inc. |
| Mar 1, 1994 | Keycorp | Keycorp |
| Mar 1, 1994 | (unnamed) | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | Norwest Bank Monticello | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | St. Francis De Sales Credit Union | 1st City Credit Union |
| Mar 1, 1994 | Wfas Employees Federal Credit Union | Reliance Federal Credit Union |
| Mar 1, 1994 | Corpus Christi National Bank | NationsBank of Texas, National Association |
| Mar 1, 1994 | Nationwise Employees Credit Union | Kemba Financial Credit Union, Inc. |
| Mar 1, 1994 | A C C Federal Credit Union | Carolina Cooperative Federal Credit Union |
| Mar 1, 1994 | The First National Bank of Columbus | Associated Bank Portage, National Association |
| Mar 1, 1994 | Norwest Banks Decatur | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | Hanna City State Bank | Heritage Bank of Central Illinois |
| Mar 1, 1994 | Norwest Bank Bluffton | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | St. Augustine Federal Credit Union | DC Federal Credit Union |
| Mar 1, 1994 | Norwest Bank Angola | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | Norwest Bank Rochester | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | Norwest Bank Wabash, National Association | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | Jersey Shore Steel Employees Federal Credit Union | Wyrope Williamsport Federal Credit Union |
| Mar 1, 1994 | Norwest Bank Rushville, National Association | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | Norwest Bank Peru | Wells Fargo Bank Indiana, National Association |
| Mar 1, 1994 | High Point Municipal Credit Union | Civic Federal Credit Union |
| Mar 1, 1994 | Norwest Bank Shipshewana | Wells Fargo Bank Indiana, National Association |
| Feb 28, 1994 | Mon Conn Federal Credit Union | Southwest Communities Federal Credit Union |
| Feb 28, 1994 | American Bancshares of Mankato, Inc. | U.S. Bancorp |
| Feb 28, 1994 | The Bank of Raleigh | Smith County Bank |
| Feb 28, 1994 | E.M.W. Employees Federal Credit Union | Lake Erie Community Federal Credit Union |
| Feb 27, 1994 | North Land Bank of Wisconsin, SSB | First Financial Bank |
| Feb 26, 1994 | Borger Municipal Employees Credit Union | Pantex Federal Credit Union |
| Feb 26, 1994 | The Citizens Bank | The Peoples Bank & Trust Company |
| Feb 25, 1994 | Southwest Teachers Credit Union | Golden Plains Credit Union |
| Feb 25, 1994 | Farmers Bank of Clatonia | Farmers Bank of Clatonia |
| Feb 25, 1994 | Home Federal Savings Bank | Southern National Bank of North Carolina |
| Feb 24, 1994 | Lafayette American Bancorp, Inc. | Lafayette American Bank |
| Feb 23, 1994 | Montbello Bankcorp, Inc. | Citywide Banks of Colorado, Inc. |
| Feb 22, 1994 | (unnamed) | Grand National Bank |
| Feb 21, 1994 | Farmers Deposit Bank of Brandenburg | Liberty National Bank and Trust Company of Central Kentucky |
| Feb 21, 1994 | New River Bank | 1st United Bank |
| Feb 21, 1994 | Liberty National Bank and Trust Company of Hardin County | Liberty National Bank and Trust Company of Central Kentucky |
| Feb 19, 1994 | Cascade Bancorporation, Inc. | Neb Corporation |
| Feb 19, 1994 | Junction City Insurance Agency | Firstar Corporation of Wisconsin |
| Feb 19, 1994 | Bank of Athens | Firstar Bank Wausau, National Association |
| Feb 18, 1994 | Holy Name Parishioners Federal Credit Union | Tech Credit Union |
| Feb 18, 1994 | Bank Building, Inc. | Bank of America, National Association |
| Feb 18, 1994 | Southern Division Federal Credit Union | Business and Industrial Federal Credit Union |
| Feb 18, 1994 | Community Hospital at Glen Cove Federal Credit Union | Northwell Health Federal Credit Union |
| Feb 18, 1994 | Mega Bank | (unnamed) |
| Feb 18, 1994 | Sun Bank/Naples, National Association | SunTrust Bank, Southwest Florida |
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.
Explore: all mergers · 1994 bank events · browse by acquirer · bank failures · all events