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 1, 2002	United Community Bank Rabun County	GA	United Community Bank
Dec 1, 2002	United Community Bank Metro	GA	United Community Bank
Dec 1, 2002	Security Acadia Bancshares, Inc.	LA	Financial Corporation of Louisiana
Dec 1, 2002	American Pioneer Federal Credit Union	PA	Viriva Community Credit Union
Dec 1, 2002	The State Credit Union	NJ	Credit Union of New Jersey
Dec 1, 2002	The Gardena Friendly Federal Credit Union	CA	Northrop Grumman Federal Credit Union
Dec 1, 2002	American Bank National Association	LA	American Horizons Bank
Dec 1, 2002	Bank of Greenville	WV	First Community Bank
Dec 1, 2002	United Community Bank Towns County	GA	United Community Bank
Dec 1, 2002	Erie Strayer Employees Federal Credit Union	PA	Erie Federal Credit Union
Dec 1, 2002	Sun Catholic Credit Union	AZ	Marisol Federal Credit Union
Dec 1, 2002	C P Works Employees Federal Credit Union	PA	Tri Boro Federal Credit Union
Dec 1, 2002	United Community Bank White County	GA	United Community Bank
Dec 1, 2002	United Communitiy Bank Dawson County	GA	United Community Bank
Dec 1, 2002	The Industrial Bank of Japan Trust Company	NY	Mizuho Bank (USA)
Nov 30, 2002	Fortress Bancshares, Inc.	WI	Merchants Merger Corp.
Nov 30, 2002	Cavalier Credit Union	ND	North Star Community Credit Union
Nov 29, 2002	South Gasconade Investment Corporation	MO	Linn Holding Company
Nov 26, 2002	Frontier State Bank	AZ	National Bank of Arizona
Nov 25, 2002	Ebc Employees Credit Union	VT	Vermont Federal Credit Union
Nov 23, 2002	Palmyra Savings	MO	First Federal Bank
Nov 23, 2002	Blue River Federal Savings Bank	IN	Salin Bank and Trust Company
Nov 22, 2002	Eastern Bank & Trust	MA	Eastern Bank
Nov 20, 2002	White Gold Credit Union	GA	Georgia Guard Credit Union
Nov 18, 2002	Texas Country Bank	TX	Texas State Bank
Nov 18, 2002	San Juan Delaware Financial Corporation	DE	BBVA Compass Bancshares, Inc.
Nov 18, 2002	San Juan Bancshares, Inc.	TX	BBVA Compass Bancshares, Inc.
Nov 17, 2002	Centennial Bank	OR	Columbia Bank
Nov 16, 2002	Columbus FSB	NE	BankFirst
Nov 16, 2002	Centennial Bancorp	OR	Umpqua Holdings Corporation
Nov 16, 2002	The Corning Bank	AR	First National Bank
Nov 16, 2002	Trustco Bank, National Association	NY	TrustCo Bank
Nov 16, 2002	Security State Bank of Deer Creek	MN	Wadena State Bank
Nov 15, 2002	CF Glass Employees Federal Credit Union	RI	Navigant Credit Union
Nov 15, 2002	(unnamed)	—	First National Bank
Nov 15, 2002	National Bank of Hastings	MI	Sand Ridge Bank
Nov 15, 2002	The Bright National Bank	IN	Sand Ridge Bank
Nov 14, 2002	First State Bank of Donalsonville	GA	First State Bank of Blakely
Nov 13, 2002	California Federal Bank	CA	West, National Association
Nov 13, 2002	Bank of the Northwest	OR	Pacific Northwest Bank
Nov 12, 2002	Texas Asset Acquisition Corporation	TX	Bank One, National Association
Nov 9, 2002	The Morrill State Bank & Trust Co.	KS	Bank of Blue Valley
Nov 9, 2002	Bank of Tanglewood, National Association	TX	Bank of Texas. National Association
Nov 9, 2002	First South Bank	FL	Truist Bank
Nov 9, 2002	Cayuga Bank	NY	First Niagara Bank, N.A.
Nov 9, 2002	21st Century Bank	MN	21st Century Bank
Nov 9, 2002	First National Bank of Onaga	KS	Bank of Blue Valley
Nov 9, 2002	Cortland Savings Bank	NY	First Niagara Bank, N.A.
Nov 8, 2002	Metropolitan National Bank	OH	First National Bank of Pennsylvania
Nov 8, 2002	American National Bank and Trust Company of Chicago	IL	Bank One, National Association

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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