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.
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2002 | First Savings and Loan Association of America, a Federal Savings Association | — | Bank of Hawaii |
| Dec 31, 2002 | First Pennsylvania Savings Association | — | Fidelity Savings Bank |
| Dec 31, 2002 | Liberty Bank | — | Northfield Bank |
| Dec 31, 2002 | Banco Di Napoli S.P.A. | — | Sanpaolo Imi S.P.A. |
| Dec 24, 2002 | First Community National Bank | — | Union Bank of Arizona, N.A. |
| Dec 20, 2002 | Community Bank - Excelsior Springs, A Savings Bank | — | North American Savings Bank, FSB |
| Dec 16, 2002 | Frontier National Bank | — | Frontier Bank |
| Dec 14, 2002 | Peoples Bank | — | Great Western Bank |
| Dec 14, 2002 | Banco Financiero de Puerto Rico | — | Eurobank |
| Dec 14, 2002 | Peoples Bank | — | Peoples Bank |
| Dec 12, 2002 | First National Bank of Johns Creek | — | Main Street Bank |
| Dec 9, 2002 | State Bank of Wonewoc | — | Baraboo State Bank |
| Dec 7, 2002 | Kaneland Community Bank | — | American Bank and Trust Company, N.A. |
| Dec 7, 2002 | High Street Banking Company | — | Capital Bank |
| Dec 7, 2002 | Mississippi Southern Bank | — | State Bank & Trust Company |
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 | Acquirer |
|---|---|---|
| Mar 16, 2002 | F&M Bank - Highlands | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F&M Bank-Winchester | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F & M Bank/Central Virginia | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F & M Bank-West Virginia, Inc. | Truist Bank |
| Mar 16, 2002 | Community Savings Bank, SSB | Capital Bank |
| Mar 16, 2002 | Citizens National Bank & Trust of Hazard | Community Trust Bank, Inc. |
| Mar 16, 2002 | F & M Bank-Peoples | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F & M Bank-Southern Virginia | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F & M Bank-Richmond | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F&M Bank-Massanutten | Branch Banking and Trust Company of Virginia |
| Mar 16, 2002 | F&M Bank - Maryland, Inc. | Truist Bank |
| Mar 13, 2002 | Arvest Central Oklahoma, Inc. | Arvest Holdings, Inc. |
| Mar 11, 2002 | Burlington City Employees Credit Union | North Country Federal Credit Union |
| Mar 9, 2002 | Ambanc Holding Co., Inc. | Hudson River Bank & Trust Company |
| Mar 9, 2002 | Main Street Bank | Santander Bank, N.A. |
| Mar 9, 2002 | Mid-America Bancorp | Truist Financial Corporation |
| Mar 9, 2002 | Mohawk Community Bank | Hudson River Bank & Trust Company |
| Mar 9, 2002 | Baxley Federal Bank | The Park Avenue Bank |
| Mar 9, 2002 | First Federal Savings Bank | First Financial Bank |
| Mar 9, 2002 | Main Street Bancorp, Inc | Sovereign Bancorp, Inc. |
| Mar 8, 2002 | First Arvest Bank | Arvest Bank |
| Mar 8, 2002 | Park Meridian Bank | Regions Bank |
| Mar 8, 2002 | BancFirst Ohio Corp. | Unizan Financial Corp. |
| Mar 8, 2002 | Siloam Springs Bancshares, Inc. | Arvest Holdings, Inc. |
| Mar 8, 2002 | Bank of Bentonville | Arvest Bank |
| Mar 8, 2002 | The First National Bank of Zanesville | Unizan Bank, N.A. |
| Mar 7, 2002 | Capital Bank of North County | First National Bank |
| Mar 7, 2002 | W.H.E.C., Incorporated | PacWest Bancorp |
| Mar 6, 2002 | Claremont Financial Services, Inc. | Equity Bank Holding Company, Inc. |
| Mar 4, 2002 | Bohemian American Federal Savings and Loan Association | Madison Bank of Maryland |
| Mar 2, 2002 | Heritage Bank of Southern Indiana | Your Community Bank |
| Mar 1, 2002 | Sunland Federal Credit Union | American First Credit Union |
| Mar 1, 2002 | Ab Corporation | WesBanco, Inc. |
| Mar 1, 2002 | Cardinal Bank - Manassas/Prince William, N.A. | Cardinal Bank |
| Mar 1, 2002 | Pinnacle Bancshares, Inc | Bancorpsouth, Inc. |
| Mar 1, 2002 | Pinnacle Bank | Cadence Bank |
| Mar 1, 2002 | Sturm Banks of Kansas City, Inc. | Sturm Financial Group, Inc. |
| Mar 1, 2002 | Sturm Banks of Colorado, Inc. | Sturm Financial Group, Inc. |
| Mar 1, 2002 | Sturm Banks of Wyoming, Inc. | Sturm Financial Group, Inc. |
| Mar 1, 2002 | U.S. Trust Company of New Jersey | United States Trust Company , National Association |
| Mar 1, 2002 | Century Bancshares, Inc. | M&I LLC |
| Mar 1, 2002 | Landmark Bancshares, Inc. | Wachovia of Alabama, Inc. |
| Mar 1, 2002 | Richfield State Agency, Inc. | M&I LLC |
| Mar 1, 2002 | American Bancorporation | WesBanco, Inc. |
| Mar 1, 2002 | Civic Bancorp | City National Corporation |
| Mar 1, 2002 | Liberty Bank and Trust Company | General Bank |
| Mar 1, 2002 | Marquette Bank Nebraska, National Association | Great Western Bank |
| Mar 1, 2002 | People's Savings Bank of Brockton | First Federal Savings Bank of America |
| Mar 1, 2002 | Wheeling National Bank | WesBanco Bank, Inc. |
| Mar 1, 2002 | CivicBank of Commerce | City National 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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