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

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
Jan 22, 2003	Saint James Parish Credit Union	IL	Vicinity Credit Union
Jan 18, 2003	Commonwealth Bank	PA	Citizens Bank of Pennsylvania
Jan 18, 2003	Savings Bank of the Finger Lakes, FSB	NY	First Niagara Bank, N.A.
Jan 18, 2003	Finger Lakes Bancorp, Inc.	NY	First Niagara Financial Group, Inc.
Jan 18, 2003	Valley Bank	WA	Valley Bank
Jan 18, 2003	First Niagara Financial Group, MHC	NY	First Niagara Bank, N.A.
Jan 18, 2003	Pennview Savings Bank	PA	Univest Bank and Trust Co.
Jan 17, 2003	Union Bank & Trust	CO	KeyBank N.A.
Jan 16, 2003	Union Bankshares, Ltd.	CO	Keycorp
Jan 15, 2003	Carolina Community Bancshares, Inc.	SC	First Bancorp
Jan 14, 2003	Metrobancorp	IN	First Indiana Corporation
Jan 14, 2003	MetroBank	IN	First Indiana Bank, National Association
Jan 14, 2003	Nat Forge-Erie Division Employees Federal Credit Union	PA	Widget Federal Credit Union
Jan 11, 2003	First Bank of Central Jersey	NJ	Synergy Bank
Jan 9, 2003	Bank of Coronado	CA	First National Bank
Jan 8, 2003	Ceco Employees Fcu	PA	Patriot Federal Credit Union
Jan 7, 2003	Munter Agency, Inc.	IA	Herky Hawk Financial Corp.
Jan 7, 2003	Union Bank and Trust Company	IA	Citizens State Bank
Jan 7, 2003	Fair Fount Federal Credit Union	UT	Utah Heritage Credit Union
Jan 6, 2003	Fortress Holdings, Inc.	WI	Merchants Merger Corp.
Jan 4, 2003	Oswego County Bancorp, Inc.	NY	Oswego County National Bank
Jan 4, 2003	Oswego County MHC	NY	Oswego County National Bank
Jan 4, 2003	West Shreveport Federal Credit Union	LA	Northwest Louisiana Federal Credit Union
Jan 3, 2003	Fairfield Savings Bank, F.S.B.	IL	Midwest Bank and Trust Company
Jan 2, 2003	UBS Painewebber Trust Company (Tennessee)	TN	UBS Trust Company, N.A.
Jan 2, 2003	The Castalia Banking Company	OH	Civista Bank
Jan 2, 2003	Whisperwood National Bank	TX	PlainsCapital Bank
Jan 2, 2003	Bank of the Southwest of Dallas	TX	Prosperity Bank
Jan 2, 2003	Grand Shore Credit Union	MI	Lake Michigan Credit Union
Jan 2, 2003	PCH West Virginia Federal Credit Union	WV	National Employees Federal Credit Union
Jan 2, 2003	District 103 School Employees Credit Union	IL	Numark Credit Union
Jan 1, 2003	TCB Corporation	SC	TCB Corporation
Jan 1, 2003	The Huntington Mortgage Company	OH	The Huntington National Bank
Jan 1, 2003	Backlund-Scott Company	IL	Backlund Investment Co.
Jan 1, 2003	Western Gear Federal Credit Union	CA	Credit Union of Southern California, a Federal Credit Union
Jan 1, 2003	P & G Employees Federal Credit Union	OH	Emery Federal Credit Union
Jan 1, 2003	K-J Credit Union	WI	Kohler Credit Union
Jan 1, 2003	Fort Shafter Federal Credit Union	HI	Pentagon Federal Credit Union
Jan 1, 2003	Valley Bank of Belgrade	MT	Flathead Bank of Bigfork, Montana
Jan 1, 2003	Post Tribune Employees Federal Credit Union	IN	Members Source Credit Union
Jan 1, 2003	Beedeeco Credit Union	MO	Mazuma Credit Union
Jan 1, 2003	Saint Pauls Parish Credit Union	WI	Holy Family Memorial Credit Union
Jan 1, 2003	Dupont & Associates Federal Credit Union	MI	Genisys Credit Union dba Genisys Investment Services
Jan 1, 2003	Grand Bank	MI	Macatawa Bank, N.A.
Jan 1, 2003	McQuiddy Credit Union	TN	Pias Credit Union
Jan 1, 2003	King Edward Employees Federal Credit Union	FL	Metro North Federal Credit Union
Jan 1, 2003	The First National Bank of Atlanta	DE	Wachovia Bank, N.A.
Jan 1, 2003	Jockey Federal Credit Union	WI	Educators Credit Union
Jan 1, 2003	Electrical Workers Credit Union	KS	Communication Federal Credit Union
Jan 1, 2003	Father Murray Federal Credit Union	MI	Christian Financial Credit Union

Bank mergers by year

← 2002 · 2004 →

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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