Mergers by Year
Bank Mergers in 2001
The Federal Reserve's National Information Center (NIC) recorded 940 merger records involving a bank, credit union or bank holding company in 2001. 434 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 1,048 in 2000.
Largest bank mergers of 2001
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2001 | Sky Bank | — | SKY Bank |
| Dec 31, 2001 | McKenzie State Bank | — | Columbia Bank |
| Dec 31, 2001 | Oregon State Bank | — | Columbia Bank |
| Dec 31, 2001 | Union Bank of Illinois | — | First Bank |
| Dec 31, 2001 | Lincoln Security Bank | — | Columbia Bank |
| Dec 31, 2001 | Family Security Bank | — | Columbia Bank |
| Dec 31, 2001 | The State Bank of Jerseyville | — | First Bank |
| Dec 31, 2001 | Security Bank | — | Columbia Bank |
| Dec 31, 2001 | Iowa State Bank | — | Iowa State Bank |
| Dec 31, 2001 | Pacific State Bank | — | Columbia Bank |
| Dec 31, 2001 | The Berthoud National Bank | — | Centennial Bank of the West |
| Dec 31, 2001 | Sky Bank-Mid AM Region | — | SKY Bank |
| Dec 29, 2001 | Fifth Third Bank, Southwest, FSB | — | Fifth Third Bank, Indiana |
| Dec 29, 2001 | First Bank and Trust Company of Tennessee | — | The First Bank and Trust Company |
| Dec 29, 2001 | Pacific Century Bank, N.A. | — | Bank of Hawaii |
Every merger recorded in 2001
940 NIC merger records in 2001 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Jul 1, 2001 | Advocate Health Care Federal Credit Union | Healthcare Associates Credit Union |
| Jul 1, 2001 | Forestry & Conservation Credit Union | Flag Credit Union |
| Jul 1, 2001 | Cooperatives Federal Credit Union | Link Federal Credit Union |
| Jul 1, 2001 | Clark General Federal Credit Union | Acme Federal Credit Union |
| Jul 1, 2001 | Citizens State Bank of St. James | Pioneer Bank |
| Jul 1, 2001 | Industrial Savings and Loan Association | Home Savings Bank |
| Jul 1, 2001 | Beloit College Credit Union | First Community Credit Union of Beloit |
| Jun 30, 2001 | Santa Fe Fort Worth Federal Credit Union | Eecu |
| Jun 30, 2001 | Cloverbank | Farmers and Mechanics Bank |
| Jun 30, 2001 | Poco Federal Credit Union | Etowah Valley Federal Credit Union |
| Jun 30, 2001 | Metro Community Credit Union | Affinity Plus Federal Credit Union |
| Jun 30, 2001 | Heritage Federal Bank | SouthBank |
| Jun 30, 2001 | Ridgewood Savings Bank of New Jersey | Blue Foundry Bank |
| Jun 30, 2001 | The Citizens Savings Bank Company | RFC Banking Company |
| Jun 30, 2001 | Far West Credit Union | Stationery Credit Union |
| Jun 30, 2001 | Owl Federal Credit Union | Prospectors Federal Credit Union |
| Jun 30, 2001 | The Farmers National Bank of Forney | City Bank |
| Jun 30, 2001 | Wallace Hardware Employees Credit Union | Lowland Credit Union |
| Jun 30, 2001 | The First National Bank of Ottawa | RFC Banking Company |
| Jun 30, 2001 | Pressco Federal Credit Union | First Service Federal Credit Union |
| Jun 30, 2001 | Hometown Bank | Liberty Bank |
| Jun 30, 2001 | Padua Federal Credit Union | First Commonwealth Federal Credit Union |
| Jun 30, 2001 | The National Bank of Sussex County | Lakeland Bank |
| Jun 30, 2001 | First Midwest Trust Company, N.A. | First Midwest Bank |
| Jun 30, 2001 | First Capital Bancorp, Inc. | FCB Holdings, Inc. |
| Jun 30, 2001 | Farmers State Agency of Fosston | First National Agency of Bagley, Inc. |
| Jun 30, 2001 | Champion Mortgage Co., Inc. | Key Bank USA, N.A. |
| Jun 30, 2001 | Eagle Bancshares, Inc. | Community Bank Holdings of Texas, Inc. |
| Jun 30, 2001 | Ridgewood Financial, Inc. | Blue Foundry Bancorp |
| Jun 30, 2001 | Ridgewood Financial, MHC | Blue Foundry, MHC |
| Jun 29, 2001 | Coupland Bancshares, Inc. | Industry Bancshares, Inc. |
| Jun 29, 2001 | Marfa Bancshares, Inc. | Big Bend Bancshares Corporation |
| Jun 28, 2001 | Virginia Capital Bancshares, Inc. | Truist Financial Corporation |
| Jun 26, 2001 | Citizens National Bank of Childress | First National Bank of Borger |
| Jun 25, 2001 | G & R Federal Credit Union | Financial Trust Federal Credit Union |
| Jun 25, 2001 | Greater Morristown Area Federal Credit Union | L'Oreal USA Federal Credit Union |
| Jun 25, 2001 | The Greenup National Bank | First Neighbor Bank, N.A. |
| Jun 23, 2001 | Crusader Savings Bank, F.S.B. | Royal Bank America |
| Jun 23, 2001 | Cook County State Bank | Security State Bank of Aitkin |
| Jun 23, 2001 | Friendship Community Bank | The Park Avenue Bank |
| Jun 23, 2001 | Kulm State Bank | Heartland State Bank |
| Jun 22, 2001 | Garden City Bancshares, Inc. | Lead Financial Group, Inc. |
| Jun 20, 2001 | Central Coast Credit Union | Slo Credit Union |
| Jun 18, 2001 | Millbrook-Newark Bank | Farmers State Bank of Somonauk |
| Jun 16, 2001 | First National Bank | First National Bank |
| Jun 16, 2001 | Citizens Community Bank of Florida | First National Bank of Florida |
| Jun 15, 2001 | Norwalk Educational Credit Union, Inc. | Mutual Security Credit Union, Inc. |
| Jun 12, 2001 | Covington First State Bancshares, Inc. | Waukomis Bancshares, Inc. |
| Jun 11, 2001 | Columbian Bank, a FSB | Cecil Bank |
| Jun 9, 2001 | Shickley State Bank | Heartland 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.
Explore: all mergers · 2001 bank events · browse by acquirer · bank failures · all events