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 1, 1994 | American Savings Bank | Keystone Financial Bank, National Association |
| Nov 1, 1994 | State Bank of Fayette | Farmers State Bank |
| Nov 1, 1994 | White Consolidated Industries Federal Credit Union | Genfed Financial Credit Union, Inc. |
| Nov 1, 1994 | Salin Bank | Salin Bank and Trust Company |
| Nov 1, 1994 | Florida Tile Federal Credit Union | Midflorida Credit Union |
| Nov 1, 1994 | Sacramento Savings Bank | First Interstate Bank of California |
| Nov 1, 1994 | Ram Golf Employees Federal Credit Union | Access Credit Union |
| Nov 1, 1994 | Home Federal Savings Bank | First Union National Bank of Washington, D.C. |
| Nov 1, 1994 | Coffee County Bank | Community Bank and Trust of Southeast Alabama |
| Nov 1, 1994 | Hubbell Bank | State Bank of Chester |
| Nov 1, 1994 | Charter Federal Savings Bank | Santander Bank, N.A. |
| Nov 1, 1994 | United Retailers Federal Credit Union | Metro Cu Federal Credit Union |
| Nov 1, 1994 | Grain Dealers Mutual Credit Union | Forum Credit Union |
| Nov 1, 1994 | Win-Glen Federal Credit Union | Lebanon Federal Credit Union |
| Nov 1, 1994 | E E S C O Employees Credit Union | Vicinity Credit Union |
| Nov 1, 1994 | Springfield Savings & Loan Association | Brattleboro Savings & Loan Association |
| Nov 1, 1994 | The First National Bank of Guymon | Gold BANK |
| Nov 1, 1994 | Dover School Employees Cu | York Educational Federal Credit Union |
| Oct 31, 1994 | Mt Olivet Baptist Federal Credit Union | New Community Federal Credit Union |
| Oct 31, 1994 | Bank IV Financial Services, Inc | Fourth Financial Corporation |
| Oct 28, 1994 | Taca Airlines Empl Fcu | New Orleans Firemens Federal Credit Union |
| Oct 27, 1994 | Peter J. Schmitt Co. Inc. Federal Credit Union | Cornerstone Community Federal Credit Union |
| Oct 24, 1994 | Bank of Menomonie | Bremer Bank, National Association |
| Oct 24, 1994 | Wesbanco Bank Morgantown, Inc. | Wesbanco Bank Fairmont, Inc. |
| Oct 24, 1994 | First National Bank in Harper | American Bank |
| Oct 22, 1994 | The First State Bank of Wiggins | Independent Bank |
| Oct 22, 1994 | Ocean Independent Bank | First Dewitt Bank |
| Oct 22, 1994 | M&I Western State Bank | Associated Bank, National Association |
| Oct 21, 1994 | Palace Quality Federal Credit Union | Zeal Credit Union |
| Oct 21, 1994 | First Fidelity Bank, National Association | First Fidelity Bank, National Association, New Jersey |
| Oct 21, 1994 | Sun Bank of Gainesville | SunTrust Bank, North Central Florida |
| Oct 19, 1994 | Surgi Credit Federal Credit Union | General Electric Employees Federal Credit Union |
| Oct 18, 1994 | Spot Sales Employees Credit Union | St. Louis Community Credit Union |
| Oct 18, 1994 | First Southeast Banking Corp. | Firstar Corporation of Wisconsin |
| Oct 17, 1994 | OMNIBANK Arapahoe | OMNIBANK Southeast |
| Oct 15, 1994 | The Davis National Bank of Mullins | First National South |
| Oct 15, 1994 | EdgeMark Bank - Rosemont | Old Kent Bank |
| Oct 15, 1994 | Hampton Park Corporation | First Chicago Corporation |
| Oct 15, 1994 | Profile Financial Corporation | Family Bancorp of New Hampshire |
| Oct 15, 1994 | Oxford Bank | Bank One, National Association |
| Oct 15, 1994 | Heritage Bank Midlothian | Heritage Bank |
| Oct 15, 1994 | Boatmen's Bank of Kalona | Boatmen's Bank Iowa, National Association |
| Oct 15, 1994 | Boatmen's Bank of Marengo | Boatmen's Bank Iowa, National Association |
| Oct 15, 1994 | EdgeMark Bank - Lombard | Old Kent Bank |
| Oct 15, 1994 | Boatmen's Bank of Sigourney | Boatmen's Bank Iowa, National Association |
| Oct 15, 1994 | Yorktown Community Bank | The First National Bank of Beeville |
| Oct 15, 1994 | Plaistow Bank and Trust Company | The Family Savings Bank of New Hampshire |
| Oct 15, 1994 | Boatmen's Bank of Sioux City | Boatmen's Bank Iowa, National Association |
| Oct 15, 1994 | Merchandise National Bank of Chicago | Old Kent Bank |
| Oct 15, 1994 | United American Bank | GBC International Bank |
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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