Mergers by Year

Bank Mergers in 2002

The Federal Reserve's National Information Center (NIC) recorded 786 merger records involving a bank, credit union or bank holding company in 2002. 352 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 940 in 2001.

352

Banks acquired

NIC, banks as the acquired side

Credit unions merged

NIC, credit unions as the acquired side

124

Holding companies

Bank holding companies merged

786

All merger records

2002 in US banking ›

Largest bank mergers of 2002

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective	Acquired bank	State	Assets	Acquirer
Dec 31, 2002	First Savings and Loan Association of America, a Federal Savings Association	GU	—	Bank of Hawaii
Dec 31, 2002	First Pennsylvania Savings Association	PA	—	Fidelity Savings Bank
Dec 31, 2002	Liberty Bank	NJ	—	Northfield Bank
Dec 31, 2002	Banco Di Napoli S.P.A.	—	—	Sanpaolo Imi S.P.A.
Dec 24, 2002	First Community National Bank	IA	—	Union Bank of Arizona, N.A.
Dec 20, 2002	Community Bank - Excelsior Springs, A Savings Bank	MO	—	North American Savings Bank, FSB
Dec 16, 2002	Frontier National Bank	GA	—	Frontier Bank
Dec 14, 2002	Peoples Bank	KS	—	Great Western Bank
Dec 14, 2002	Banco Financiero de Puerto Rico	PR	—	Eurobank
Dec 14, 2002	Peoples Bank	NM	—	Peoples Bank
Dec 12, 2002	First National Bank of Johns Creek	GA	—	Main Street Bank
Dec 9, 2002	State Bank of Wonewoc	WI	—	Baraboo State Bank
Dec 7, 2002	Kaneland Community Bank	IL	—	American Bank and Trust Company, N.A.
Dec 7, 2002	High Street Banking Company	NC	—	Capital Bank
Dec 7, 2002	Mississippi Southern Bank	MS	—	State Bank & Trust Company

Biggest bank failures by assets ›

Every merger recorded in 2002

786 NIC merger records in 2002 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Dec 31, 2002	Usb, Inc.	WI	Fifth Third Bank, N.A.
Dec 31, 2002	FSB Acquisition Corp.	KY	First State Bancshares, Inc.
Dec 31, 2002	Liberty Bancorp, MHC	NJ	NSB Holding Corp.
Dec 31, 2002	First Savings and Loan Association of America, a Federal Savings Association	GU	Bank of Hawaii
Dec 31, 2002	Liberty Bank	NJ	Northfield Bank
Dec 31, 2002	Banco Di Napoli S.P.A.	—	Sanpaolo Imi S.P.A.
Dec 31, 2002	First Banks America, Inc.	CA	FB Corporation
Dec 31, 2002	Union Financial Group LTD	MO	The San Francisco Company
Dec 31, 2002	First Pennsylvania Savings Association	PA	Fidelity Savings Bank
Dec 30, 2002	UBS Inc.	CT	UBS Americas Inc.
Dec 28, 2002	Herkimer Trust Corporation, Inc.	NY	Partners Trust Bank
Dec 27, 2002	Washita Bancshares, Inc.	OK	Washita State Bank
Dec 26, 2002	Farmers Deposit Bancorp	KY	Premier Financial Bancorp, Inc.
Dec 26, 2002	Georgetown Bancorp, Inc.	KY	Premier Financial Bancorp, Inc.
Dec 25, 2002	Orange County Gardeners Credit Union	CA	Nikkei Credit Union
Dec 24, 2002	First Community National Bank	IA	Union Bank of Arizona, N.A.
Dec 20, 2002	First Missouri Bancorporation, Inc.	MO	Landrum Company
Dec 20, 2002	Las Animas County Teachers Federal Credit Union	CO	Power Credit Union
Dec 20, 2002	Community Bank - Excelsior Springs, A Savings Bank	MO	North American Savings Bank, FSB
Dec 19, 2002	Prime Bancshares, Inc.	MN	WFC Holdings, LLC
Dec 16, 2002	Frontier National Bank	GA	Frontier Bank
Dec 16, 2002	1st Choice Financial Corp.	MN	First Commerce Bancshares, Inc.
Dec 14, 2002	Peoples Bank	KS	Great Western Bank
Dec 14, 2002	Heartland Health Federal Credit Union	MO	Postal & Community Credit Union
Dec 14, 2002	Peoples Bank	NM	Peoples Bank
Dec 14, 2002	Banco Financiero de Puerto Rico	PR	Eurobank
Dec 13, 2002	Texas Bancshares, Inc.	MN	Wells Fargo & Company
Dec 13, 2002	Buffalo National Bancshares, Inc.	MN	Wells Fargo & Company
Dec 12, 2002	First National Bank of Johns Creek	GA	Main Street Bank
Dec 11, 2002	Local 144 S.E.I.U. Federal Credit Union	NY	I Am Federal Credit Union
Dec 10, 2002	Neisler Credit Union	IL	Staley Credit Union
Dec 9, 2002	State Bank of Wonewoc	WI	Baraboo State Bank
Dec 7, 2002	Mississippi Southern Bank	MS	State Bank & Trust Company
Dec 7, 2002	Kaneland Community Bank	IL	American Bank and Trust Company, N.A.
Dec 7, 2002	High Street Banking Company	NC	Capital Bank
Dec 7, 2002	West Burlington Bank	IA	Farmers & Merchants Bank & Trust
Dec 6, 2002	Embry Bank	GA	First Bank of the South
Dec 3, 2002	Wachovia Acquisition Corporation 2001-01	NC	Wachovia Corporation
Dec 3, 2002	Heights State Bank	TX	Extraco Banks, N.A.
Dec 2, 2002	Port City Employees Federal Credit Union	TX	Baker Hughes Federal Credit Union
Dec 2, 2002	Harris Trust Company	WA	The Harris Bank National Association
Dec 2, 2002	Towne Bank	OH	Oak Hill Banks
Dec 2, 2002	Harris Trust Company of California	CA	The Harris Bank National Association
Dec 2, 2002	Pantagraph Printing Employees Credit Union	IL	Prairieland Federal Credit Union
Dec 2, 2002	Chicagoland Credit Union	IL	Illiana Financial Credit Union
Dec 1, 2002	United Community Bank North Georgia	GA	United Community Bank
Dec 1, 2002	High Street Corporation	NC	Capital Bank Corporation
Dec 1, 2002	Provident Investment Management Corporation	OH	The Provident Bank
Dec 1, 2002	Monroe Financial, Inc.	WV	First Community Bankshares, Inc.
Dec 1, 2002	United Community Bank West Georgia	GA	United Community Bank

Bank mergers by year

← 2001 · 2003 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

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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