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 |
|---|---|---|
| Nov 19, 1994 | Cheltenham Bank | Corestates Bank, National Association |
| Nov 18, 1994 | Bank of Murray | Union Planters Bank of Kentucky, National Association |
| Nov 18, 1994 | Twin City Corporation | Cbi-Kansas, Inc. |
| Nov 18, 1994 | The Twin-City State Bank | (unnamed) |
| Nov 18, 1994 | First Liberty Bank of Calvert City | Union Planters Bank of Kentucky, National Association |
| Nov 18, 1994 | Firstar Bank Lake Geneva, National Association | Firstar Bank Milwaukee, National Association |
| Nov 18, 1994 | First National Bank of La Center | Union Planters Bank of Kentucky, National Association |
| Nov 18, 1994 | The Salem Bank | Union Planters Bank of Kentucky, National Association |
| Nov 16, 1994 | Hudson-Thompson Employees Federal Credit Union | All in Federal Credit Union |
| Nov 16, 1994 | United Kansas Bank Group, Inc. | Mark Twain Bancshares, Inc. |
| Nov 16, 1994 | Sandkill Federal Credit Union | Next Step Federal Credit Union |
| Nov 15, 1994 | Summit Bancorp, Inc. | Washington Mutual Bank |
| Nov 15, 1994 | Summit Savings Bank | Washington Mutual Bank |
| Nov 14, 1994 | Citizens Bank | BOKF, N.A. |
| Nov 14, 1994 | Citizens Holding Company | BOKF Merger Corporation Number Four |
| Nov 14, 1994 | Firstar Bank Park Forest | Firstar Bank Illinois |
| Nov 12, 1994 | Chicago Northwestern Employees Credit Union | Iowa Heartland Credit Union |
| Nov 12, 1994 | First-Columbus National Bank | Deposit Guaranty National Bank |
| Nov 11, 1994 | National Security Bank Holding Company | West One Bancorp |
| Nov 11, 1994 | First of America Acquisition Company | First of America Bank Corporation |
| Nov 11, 1994 | National Bank of Glenrock | Hilltop National Bank |
| Nov 11, 1994 | National Security Bank | West One Bank, Oregon |
| Nov 11, 1994 | Saugus Bank and Trust Company | Eastern Bank |
| Nov 11, 1994 | Albertsons Southern California Federal Credit Union | Trugrocer Federal Credit Union |
| Nov 11, 1994 | First State Bank & Trust Company of Park Ridge | First of America Bank-Illinois, National Association |
| Nov 11, 1994 | Bank of Buffalo Grove | First of America Bank-Illinois, National Association |
| Nov 11, 1994 | First State Bank of Gurnee | First of America Bank-Illinois, National Association |
| Nov 10, 1994 | The First National Bank of Sterling | First Bank |
| Nov 10, 1994 | Quivira Banc Shares, Inc. | First Bank |
| Nov 10, 1994 | T-W Credit Union | Metropolitan Federal Credit Union |
| Nov 9, 1994 | RHNB Corporation | NB Holdings Corporation |
| Nov 8, 1994 | New Meriden Trust and Safe Deposit Company, National Association | Peoples Savings Bank & Trust |
| Nov 8, 1994 | Lindale Bancshares, Inc. | Lindale Delaware Corporation |
| Nov 7, 1994 | Farmers National Bank | Iowa Savings Bank |
| Nov 7, 1994 | Firstar Bank North Shore | Firstar Bank Illinois |
| Nov 4, 1994 | Republic Savings Bank, FSB | Republic Bank & Trust Company |
| Nov 4, 1994 | Codding Bank | National Bank of the Redwoods |
| Nov 4, 1994 | Republic Bank of Shelby County | Republic Bank & Trust Company |
| Nov 3, 1994 | Riverdale Bank | Heritage Community Bank |
| Nov 2, 1994 | The First National Bank in Stamford | State National Bank of West Texas |
| Nov 2, 1994 | The Winters State Bank | State National Bank of West Texas |
| Nov 1, 1994 | BMC Bankcorp, Inc. | CBT Corporation |
| Nov 1, 1994 | United Family Credit Union | Greenstate Credit Union |
| Nov 1, 1994 | Baldwinville Co-operative Bank | Colonial Co-operative Bank |
| Nov 1, 1994 | Citizens State Bank of Nevada, Missouri | (unnamed) |
| Nov 1, 1994 | M-H Hospital Federal Credit Union | Ten Credit Union |
| Nov 1, 1994 | Integrity Savings Association | St. Edmond's Federal Savings Bank |
| Nov 1, 1994 | Pasadena Omc Federal Credit Union | Texas Bay Credit Union |
| Nov 1, 1994 | UMB Columbine National Bank | UMB Bank Colorado, National Association |
| Nov 1, 1994 | First Western Bank, a Federal Savings Bank | Wells Fargo Bank Nevada, 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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