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.
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 | Security Bank | BancFirst |
| Jan 1, 1994 | Nemo Credit Union | Missouri Electric Cooperative Credit Union |
| Jan 1, 1994 | Barbour County Educators Credit Union | Home Federal Credit Union |
| Jan 1, 1994 | First City National Bank | First Commercial Bank, National Association of Memphis |
| Jan 1, 1994 | Franklin County Employees Federal Credit Union | Franklin First Federal Credit Union |
| Jan 1, 1994 | Saint Mathieus Parish Federal Credit Union | Saint Michaels Fall River Federal Credit Union |
| Jan 1, 1994 | (unnamed) | West One Bank, Washington |
| Jan 1, 1994 | Norwest Bank Buckingham Square, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Norwest Bank Arapahoe, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Boatmen's Bank of Greenfield | Boatmen's Bank Iowa, National Association |
| Jan 1, 1994 | Pines Employees Credit Union | Earthmover Credit Union |
| Jan 1, 1994 | Norwest Bank Aurora-City Center, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Norwest Bank Bear Valley, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Via Federal Credit Union | Saint Joseph's Credit Union |
| Jan 1, 1994 | Norwest Bank Aurora, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Emery Waterhouse Employees Federal Credit Union | Infinity Federal Credit Union |
| Jan 1, 1994 | Norwest Bank Aurora-South, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Southern Maryland Telco Federal Credit Union | Atlantic Financial Federal Credit Union |
| Jan 1, 1994 | Thunderbird Federal Credit Union | First American Credit Union |
| Jan 1, 1994 | Greens Dairy Employees Federal Credit Union | Heritage Valley Federal Credit Union |
| Jan 1, 1994 | Norwest Bank Arvada, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Centreville National Bank of Warwick the | Centreville Bank |
| Jan 1, 1994 | Norwest Bank Southglenn, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Auto Glass Empl Fcu | Ascend Federal Credit Union |
| Jan 1, 1994 | New South Bank | First Tennessee Bank National Association Mississippi |
| Jan 1, 1994 | Bank of Riverside, Missouri | Park Bank |
| Jan 1, 1994 | Peoples & Enderlin State Bank | (unnamed) |
| Jan 1, 1994 | (unnamed) | Boatmen's Bank Iowa, National Association |
| Jan 1, 1994 | Norwest Bank Broomfield, National Association | Wells Fargo Bank West, National Association |
| Jan 1, 1994 | Ca Reed Employees Federal Credit Union | Horizon Federal Credit Union |
| Jan 1, 1994 | De Kalb County Teachers Credit Union | Dekalb County Credit Union |
| Jan 1, 1994 | Utility Employees Galesburg/kewanee Division Credit Union | United Equity Credit Union |
| Jan 1, 1994 | Consolidated Freightways Minnesota Federal Credit Union | Novation Credit Union |
| Jan 1, 1994 | Denver West Bank and Trust | OMNIBANK Arvada |
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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