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 |
|---|---|---|
| Oct 12, 1994 | Towner Bancorporation, Ltd. | Western State Agency, Inc. |
| Oct 12, 1994 | Drake-Lyman Bancshares, Inc. | United Bancorporation of Wyoming, Inc. |
| Oct 8, 1994 | Northwest Bank of Enid | BOKF, N.A. |
| Oct 8, 1994 | First National Bank of Vicksburg | Trustmark Bank |
| Oct 8, 1994 | Green Mountain Bank | Colorado National Bank |
| Oct 8, 1994 | First National Financial Corporation | Trustmark Corporation |
| Oct 8, 1994 | Huntington Bank Martinsburg National Association | Huntington National Bank West Virginia |
| Oct 7, 1994 | Westcal National Bank | Greater Bay Bank, National Association |
| Oct 7, 1994 | First Southern Missouri Bancshares, Inc. | Midwest Bancshares, Inc. |
| Oct 6, 1994 | Allstates Federal Credit Union | American Heritage Federal Credit Union |
| Oct 6, 1994 | Southeast Mississippi Bank | BankPlus |
| Oct 6, 1994 | Peoples Bancorp of Green County, Inc. | Greensburg Bancorp, Inc |
| Oct 5, 1994 | Downstate National Bank | First Mid Bank & Trust, N.A. |
| Oct 3, 1994 | United New Mexico Bank at Lea County | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Vaughn | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank, National Association | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Trust Company | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | Farley Bancshares, Inc. | KLT Bancshares, Inc. |
| Oct 3, 1994 | United New Mexico Bank at Roswell | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | Leelanau Catholic Credit Union | Traverse Catholic Federal Credit Union |
| Oct 3, 1994 | (unnamed) | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank, National Association | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Mimbres Valley | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank at Alamogordo | Wells Fargo Bank New Mexico, National Association |
| Oct 3, 1994 | United New Mexico Bank | Wells Fargo Bank New Mexico, National Association |
| Oct 2, 1994 | Bank of De Soto | First National Bank and Trust Company, Carbondale, Illinois |
| Oct 2, 1994 | Abc Safety Deposit Co. | ABC Bank |
| Oct 2, 1994 | Desoto Bancshares, Inc. | Southern Bancshares, Ltd. |
| Oct 1, 1994 | PVC Employees Federal Credit Union | Cross Valley Federal Credit Union |
| Oct 1, 1994 | Jefferson Bancshares, Incorporated | Allied Bankshares, Inc. |
| Oct 1, 1994 | First Community Bancshares, Inc. | Regions Financial Corporation |
| Oct 1, 1994 | Citizens Bank & Trust | Allied Bank of Georgia |
| Oct 1, 1994 | Bank of Jefferson County | Allied Bank of Georgia |
| Oct 1, 1994 | Citizens First Bancorp, Inc. | Natwest Holdings Inc. |
| Oct 1, 1994 | Business Bancorp | SJNB Financial Corp. |
| Oct 1, 1994 | Bank One, West Virginia, Clarksburg, National Association | Bank One, West Virginia, National Association |
| Oct 1, 1994 | Bank One, West Virginia, Philippi, National Association | Bank One, West Virginia, National Association |
| Oct 1, 1994 | Citizens First National Bank of New Jersey | National Westminster Bank USA |
| Oct 1, 1994 | Bank of Reynolds | Lafayette Bank and Trust Company, National Association |
| Oct 1, 1994 | Bank One, West Virginia, Wayne County, Inc. | Bank One, West Virginia, National Association |
| Oct 1, 1994 | Bank of Sardis | First Security Bank |
| Oct 1, 1994 | Bank One, West Virginia, Charleston, National Association | Bank One, West Virginia, National Association |
| Oct 1, 1994 | Jersey Shore Federal Credit Union | Jersey Shore Federal Credit Union |
| Oct 1, 1994 | Bank One, West Virginia, Williamson, National Association | Bank One, West Virginia, National Association |
| Oct 1, 1994 | California Business Bank, National Association | San Jose National Bank |
| Oct 1, 1994 | Bank One, West Virginia, St. Albans, National Association | Bank One, West Virginia, National Association |
| Oct 1, 1994 | Bank One, West Virginia, Nicholas County, Inc. | Bank One, West Virginia, National Association |
| Oct 1, 1994 | S L C Federal Credit Union | Resource One Credit Union |
| Oct 1, 1994 | Methodist Hospital Federal Credit Union | Primeway Federal Credit Union |
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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