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 |
|---|---|---|
| Jan 1, 1994 | Dekalb Municipal Employees Federal Credit Union | Dekalb County Credit Union |
| Jan 1, 1994 | City of Oak Ridge Empl Fcu | Y-12 Federal Credit Union |
| Jan 1, 1994 | Pro-Tec Employees Credit Union | Glacier Hills Credit Union |
| Jan 1, 1994 | United Community Bank | BancFirst |
| Jan 1, 1994 | L P Federal Credit Union | B F G Federal Credit Union |
| Jan 1, 1994 | Coors Employees Credit Union | Credit Union of the Rockies |
| Jan 1, 1994 | Norwest Bank Highlands Ranch, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Jackson County Federal Bank, A Federal Savings Bank | KeyBank National Association |
| Jan 1, 1994 | California State Employees NO. 2 Credit Union | The Golden 1 Credit Union |
| Jan 1, 1994 | Eagle Credit Union | Mycom Federal Credit Union |
| Jan 1, 1994 | Rooks County State Bank | The Stockton National Bank |
| Jan 1, 1994 | SUNWEST Bank of Sandoval County, National Association | SUNWEST Bank of Albuquerque, National Association |
| Jan 1, 1994 | Norwest Bank Northglenn, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Domestic Federal Credit Union | Patriot Federal Credit Union |
| Jan 1, 1994 | Morgan Trust Company of Florida, N.A. | J.P. Morgan FSB |
| Jan 1, 1994 | First Acadiana National Bank Opelousas | The First National Bank of Lafayette |
| Jan 1, 1994 | Acco Lemoyne Federal Credit Union | New Cumberland Federal Credit Union |
| Jan 1, 1994 | St. Boniface Credit Union | South Community Credit Union |
| Jan 1, 1994 | De Kalb County Postal Employees Credit Union | Dekalb County Credit Union |
| Jan 1, 1994 | Norwest Bank Lakewood, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | The First National Bank of Downsville | Wilber National Bank |
| Jan 1, 1994 | Farmers and Merchants State Bank of Cook, Incorporated | First National Bank |
| Jan 1, 1994 | Sundstrand Sauer Federal Credit Union | Financial Plus Credit Union |
| Jan 1, 1994 | Horizon West Federal Credit Union | Partners 1st Federal Credit Union |
| Jan 1, 1994 | Norwest Bank Cherry Creek, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | St. Patrick's Federal Credit Union | Midwest Liberty Federal Credit Union |
| Jan 1, 1994 | 1st Atlantic Bank | The Anchor Bank |
| Jan 1, 1994 | Norwest Bank Monaco, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | American Exchange Bank | RCB Bank |
| Jan 1, 1994 | Hopkins Bonding Corporation | Firstar Corporation of Wisconsin |
| Jan 1, 1994 | Federated Insurance Services Corporation | Firstar Corporation of Wisconsin |
| Jan 1, 1994 | Coweta Bancshares, Inc. | BancFirst Corporation |
| Jan 1, 1994 | Weatherford Bancorporation, Inc. | BancFirst Corporation |
| Jan 1, 1994 | The Enterprise Bank, National Association | First Union National Bank of Florida |
| Jan 1, 1994 | (unnamed) | Bnccorp, Inc. |
| Jan 1, 1994 | Fond Du Lac Area Credit Union | Marine Credit Union |
| Jan 1, 1994 | Mobil Credit Union | Pegasus Community Credit Union |
| Jan 1, 1994 | University Louisville Students Federal Credit Union | Class Act Federal Credit Union |
| Jan 1, 1994 | Star Banc Corporation, Indiana | Star Banc Corporation |
| Jan 1, 1994 | First National Hoffman Bancorp, Inc. | Hanover Bank Corp |
| Jan 1, 1994 | Vinings Bank & Trust, National Association | The Summit National Bank |
| Jan 1, 1994 | First Midwest Financial Corporation | Hanover Bank Corp |
| Jan 1, 1994 | Goodhue County Financial Corporation | Signal Financial Corporation |
| Jan 1, 1994 | Farmers & Merchants Bancshares, Inc. | Bnccorp, Inc. |
| Jan 1, 1994 | Valley Bancorp, Inc. | Dauphin Deposit Corporation |
| Jan 1, 1994 | Dominion Air Inc | First Union Corporation of Virginia |
| Jan 1, 1994 | Whitaker Bancorp, Inc. | Whitaker Bank Corporation of Kentucky |
| Jan 1, 1994 | Whitaker Bancshares, Inc. | Whitaker Bank Corporation of Kentucky |
| Jan 1, 1994 | First Stratford Bancorporation, Inc. | BancFirst Corporation |
| Jan 1, 1994 | Western Bancshares, Inc. | Stockton Bancshares, 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.
Explore: all mergers · 1994 bank events · browse by acquirer · bank failures · all events