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 |
|---|---|---|
| Aug 16, 2002 | Viking Bank | Northwestern Bank, N.A. |
| Aug 16, 2002 | Cerritos Valley Bank | Bank of Orange County |
| Aug 15, 2002 | Desoto Parish Teachers Federal Credit Union | Carter Federal Credit Union |
| Aug 15, 2002 | Metro-County Bank of Virginia, Inc. | Southern Financial Bank |
| Aug 15, 2002 | Hudson Valley Postal Federal Credit Union | Bridgeway Federal Credit Union |
| Aug 10, 2002 | Bryan County National Bank | Shamrock Bank, N.A. |
| Aug 9, 2002 | Charter Bank | Charter One Bank, National Association |
| Aug 3, 2002 | First American Savings Bank, F.S.B. | First Savings Bank |
| Aug 3, 2002 | Founders' Bank | Susquehanna Bank DV |
| Aug 2, 2002 | A. P. A. Federal Credit Union | Liberty Savings Federal Credit Union |
| Aug 1, 2002 | Embry Bankshares, Inc. | Gwinnett Commercial Group, Inc. |
| Aug 1, 2002 | Main Street Bankshares, Inc. | Yadkin Bank |
| Aug 1, 2002 | Piedmont Bank | Yadkin Bank |
| Aug 1, 2002 | Rowan Bancorp, Inc. | Communityone Bancorp |
| Aug 1, 2002 | Community Financial Group, Inc. | Synovus Financial Corp. |
| Aug 1, 2002 | Tongue River Valley Bancshares | Cowboy State Bancorp, Inc. |
| Aug 1, 2002 | Latah Bancorporation, Inc. | Americanwest Bancorporation |
| Aug 1, 2002 | Waunakee Bank Shares, Inc. | Lake Ridge Bancorp, Inc. |
| Aug 1, 2002 | Turtle Lake Community Credit Union | Dakota West Credit Union |
| Aug 1, 2002 | Contrak Credit Union | Community Choice Credit Union |
| Aug 1, 2002 | Renaissance Credit Union | Guardian Credit Union |
| Aug 1, 2002 | Bank of Waunakee | Lake Ridge Bank |
| Aug 1, 2002 | Londonderry Credit Union | Heritage Family Federal Credit Union |
| Aug 1, 2002 | Columbia St. Mary's Credit Union | Educators Credit Union |
| Aug 1, 2002 | First Federal Savings Bank | State Bank |
| Aug 1, 2002 | Asc-Dallas Division Federal Credit Union | Mobility Credit Union |
| Jul 31, 2002 | Myers Employees Credit Union, Inc. | Ashland Community Federal Credit Union |
| Jul 29, 2002 | CBCT Bancshares, Inc. | Bastrop Bancshares, Inc. |
| Jul 29, 2002 | Community Bank of Central Texas, SSB | The First National Bank of Bastrop |
| Jul 27, 2002 | Ipswich Savings Bank | TD Bank, N.A. |
| Jul 27, 2002 | Ipswich Bancshares, Inc. | TD Bank US Holding Company |
| Jul 26, 2002 | TCF National Bank Colorado | TCF National Bank |
| Jul 25, 2002 | Heritage Savings Bank, FSB | Baltimore County Savings Bank |
| Jul 24, 2002 | Members' Federal Credit Union | Nuvision Federal Credit Union |
| Jul 23, 2002 | First Holding Company | First National Bank of Tennessee |
| Jul 22, 2002 | Tucker Federal Bank | RBC Bank (USA) |
| Jul 19, 2002 | Hebron Deposit Bank | First Financial Bank |
| Jul 19, 2002 | Rohm & Haas Del-Val Credit Union | Dow Northeast Employees Federal Credit Union |
| Jul 19, 2002 | Pal Item Employees Federal Credit Union | Perfect Circle Credit Union |
| Jul 19, 2002 | GLCC Federal Credit Union | Greater Together Federal Credit Union |
| Jul 18, 2002 | Hornell School Employees Federal Credit Union | Servu Federal Credit Union |
| Jul 16, 2002 | Baron Bancshares II, Inc. | Wadena Bankshares, Inc. |
| Jul 15, 2002 | First State Bank of Newman | First Neighbor Bank, N.A. |
| Jul 13, 2002 | Meridian Capital Bank, N.A. | Wells Fargo Bank Wisconsin, National Association |
| Jul 13, 2002 | Area Bank | Truist Bank |
| Jul 13, 2002 | The First National Bank and Trust Company of Baraboo | Wells Fargo Bank Wisconsin, National Association |
| Jul 13, 2002 | Guaranty Bank & Trust | Security Bank of Kansas City |
| Jul 13, 2002 | Area Trust Company | Truist Bank |
| Jul 13, 2002 | Marquette Capital Bank, N.A. | Wells Fargo Bank Minnesota, National Association |
| Jul 13, 2002 | The Vine Street Trust Company | Truist 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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