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Mergers by Year

Bank Mergers in 2003

The Federal Reserve's National Information Center (NIC) recorded 751 merger records involving a bank, credit union or bank holding company in 2003. 288 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 786 in 2002.

288
Banks acquired
NIC, banks as the acquired side
0
Credit unions merged
NIC, credit unions as the acquired side
130
Holding companies
Bank holding companies merged
751
All merger records
2003 in US banking ›

Largest bank mergers of 2003

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, 2003 Fifth Third Bank, Kentucky, Inc. KY — Fifth Third Bank
Dec 31, 2003 The Broadway National Bank of Chelsea MA — Boston Federal Savings Bank
Dec 31, 2003 First National Trust Company PA — First National Bank of Pennsylvania
Dec 31, 2003 Fifth Third Bank, Florida FL — Fifth Third Bank
Dec 31, 2003 Jacksonville Savings Bank, SSB TX — Franklin Bank, S.S.B.
Dec 31, 2003 Providian Bank UT — Providian National Bank
Dec 31, 2003 The Fifth Third Bank of Northern Kentucky, Inc. KY — Fifth Third Bank
Dec 31, 2003 Fifth Third Bank, Indiana IN — Fifth Third Bank
Dec 24, 2003 The Lenox Savings Bank OH — Foundation Bank
Dec 20, 2003 The First National Bank of O'Donnell TX — The State National Bank of Big Spring
Dec 15, 2003 HomeTowne Heritage Bank PA — National Penn Bank
Dec 13, 2003 Windsor Locks Community Bank, FSL CT — Enfield Federal Savings and Loan Association
Dec 13, 2003 Great Lakes Bank OH — SKY Bank
Dec 12, 2003 Security Bank National Association TX — Citibank Texas, National Association
Dec 10, 2003 First State Bank of North Texas TX — Prosperity Bank

Biggest bank failures by assets ›

Every merger recorded in 2003

751 NIC merger records in 2003 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Dec 31, 2003 The Fifth Third Bank of Northern Kentucky, Inc. KY Fifth Third Bank
Dec 31, 2003 BW Holdings, Inc. CO Bankvest, Inc.
Dec 31, 2003 Block Capital Management ME Bar Harbor Trust Services
Dec 31, 2003 First National Trust Company PA First National Bank of Pennsylvania
Dec 31, 2003 Mortgage Express Corporation KY Citizens Commerce Bank
Dec 31, 2003 Fifth Third Investment Advisors, Inc. IN Fifth Third Financial Corporation
Dec 31, 2003 Covest Bancshares, Inc. IL First Midwest Bancorp, Inc.
Dec 31, 2003 The Maddox Corporation GA First State Bancshares of Blakely, Inc.
Dec 31, 2003 Providian Bank UT Providian National Bank
Dec 31, 2003 Winnebago Acceptance Corporation GA Bank of America, N.A.
Dec 31, 2003 Sea Ray Credit Corporation GA Bank of America, N.A.
Dec 31, 2003 Banc of America Speciality Finance, Inc. GA Bank of America, N.A.
Dec 31, 2003 Fleetwood Credit Corp. GA Bank of America, N.A.
Dec 31, 2003 C&S Premises, Inc. GA NB Holdings Corporation
Dec 31, 2003 Commercesouth, Inc. AL Banctrust Financial Group, Inc.
Dec 31, 2003 Fifth Third Bank, Florida FL Fifth Third Bank
Dec 31, 2003 Corn Belt Bancorporation IA First Fontanelle Bancorporation
Dec 31, 2003 Jacksonville Savings Bank, SSB TX Franklin Bank, S.S.B.
Dec 31, 2003 The Broadway National Bank of Chelsea MA Boston Federal Savings Bank
Dec 31, 2003 Bethany Baptist Church Credit Union OH Antioch Baptist Church Credit Union, Inc.
Dec 31, 2003 Kawa Credit Union, Inc. KY K I T Federal Credit Union
Dec 31, 2003 Fifth Third Bank, Indiana IN Fifth Third Bank
Dec 31, 2003 Northwestern University Employees Credit Union IL First Northern Credit Union
Dec 31, 2003 Fifth Third Bank, Kentucky, Inc. KY Fifth Third Bank
Dec 31, 2003 Tri-County Postal Federal Credit Union IL Numark Credit Union
Dec 31, 2003 Greater New Light Baptist Credit Union, Inc. OH Trupartner Credit Union, Inc.
Dec 29, 2003 Worthington Bancorporation IA State Bank
Dec 24, 2003 The Lenox Savings Bank OH Foundation Bank
Dec 23, 2003 South Texas Capital Group, Inc. TX Sterling Bancorporation, LLC
Dec 20, 2003 The First National Bank of O'Donnell TX The State National Bank of Big Spring
Dec 20, 2003 Westville Community Federal Credit Union IL Landmark Credit Union
Dec 18, 2003 NVF Company Employees Federal Credit Union DE Louviers Federal Credit Union
Dec 17, 2003 World Federal Credit Union GA Georgia United Credit Union
Dec 15, 2003 HomeTowne Heritage Bank PA National Penn Bank
Dec 15, 2003 First Mustang Corporation OK All America Bank
Dec 13, 2003 Great Lakes Bank OH SKY Bank
Dec 13, 2003 Auburn Community Bancorp CA Western Sierra Bancorp
Dec 13, 2003 Windsor Locks Community Bank, FSL CT Enfield Federal Savings and Loan Association
Dec 12, 2003 Security Bank National Association TX Citibank Texas, National Association
Dec 10, 2003 First State Bank of North Texas TX Prosperity Bank
Dec 8, 2003 Community Financial Group, Inc. AR CB Bancorp Inc
Dec 8, 2003 Victory-Masonic Mutual Credit Union NC Truliant Federal Credit Union
Dec 6, 2003 Hawthorn Bank IL State Financial Bank, National Association
Dec 6, 2003 Anchor Bank IL State Financial Bank, National Association
Dec 6, 2003 Bank of Grand Junction CO Wells Fargo Bank, N.A.
Dec 6, 2003 Superior Bank, FSB AR Arvest Bank
Dec 6, 2003 Superior Financial Corp AR Arvest Holdings, Inc.
Dec 6, 2003 Hawthorn Corporation IL State Financial Services Corporation
Dec 6, 2003 Lakes Region Bancorp, Inc. IL State Financial Services Corporation
Dec 5, 2003 Pittsburgh Savings Bank PA First Commonwealth Bank

Bank mergers by year

·

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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