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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

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

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 1, 2003 Saint Marks Credit Union MI Christian Financial Credit Union
Jan 1, 2003 Gte Erie Federal Credit Union PA Tendto Federal Credit Union
Jan 1, 2003 Medi-Serv Credit Union CA San Francisco Fire Credit Union
Jan 1, 2003 Lakeland Community Credit Union FL Midflorida Credit Union
Jan 1, 2003 Family Savings Bank, F.S.B. CA Oneunited Bank
Jan 1, 2003 Kilgore Ceramics Federal Credit Union TX East Texas Professional Credit Union
Jan 1, 2003 Midwest Steelworkers Federal Credit Union NE U.P. Connection Federal Credit Union
Jan 1, 2003 Western Cascade Federal Credit Union OR Cascade Community Federal Credit Union
Jan 1, 2003 Warren Five Cents Savings Bank MA TD Bank, N.A.
Jan 1, 2003 Southwest Government Employees Credit Union KS Southwest Kansas Community Credit Union
Jan 1, 2003 Mansfield Metro Credit Union, Inc. OH Advantage Credit Union Incorporated
Jan 1, 2003 Clinch River Plant Employees Federal Credit Union VA Member One Federal Credit Union
Jan 1, 2003 The Glenmede Trust Company PA The Glenmede Trust Company, N.A.
Jan 1, 2003 Barbour County Bank AL Midsouth Bank
Jan 1, 2003 Bank of Buffalo WI Alliance Bank
Jan 1, 2003 (unnamed) — Communityamerica Federal Credit Union
Jan 1, 2003 Stranco Credit Union IL Heartland Credit Union
Jan 1, 2003 Chippewa District Credit Union WI Valley Credit Union
Jan 1, 2003 Top O'Tec Credit Union TX Access Community Credit Union
Jan 1, 2003 Interstate Credit Union WI Appletree Credit Union
Jan 1, 2003 Coast Guard Federal Credit Union DC Pentagon Federal Credit Union
Jan 1, 2003 Dunham Employees Credit Union IA Greater Iowa Credit Union
Jan 1, 2003 Central Bank of Tampa FL Mercantile Bank
Jan 1, 2003 Copper Mountain Trust Corporation OR MUFG Union Bank, National Association
Jan 1, 2003 Wesley Credit Union MI Consumers Professional Credit Union
Jan 1, 2003 Tri Star National Bank OK Brooks Bank, N.A.
Jan 1, 2003 Delta International Credit Union MS Brightview Federal Credit Union
Jan 1, 2003 Austintown Federal Credit Union OH Edison Financial Credit Union, Incorporated
Jan 1, 2003 Bank of Los Altos CA Heritage Bank of Commerce
Jan 1, 2003 Community Financial Services, Inc. CO Sturm Financial Group, Inc.
Jan 1, 2003 MFC, Inc. MN Marquette Financial Companies
Jan 1, 2003 National Bank of Commerce in Superior WI National Bank of Commerce
Jan 1, 2003 Northern State Bank PA The Legacy Bank
Jan 1, 2003 Heritage Bank South Valley CA Heritage Bank of Commerce
Jan 1, 2003 Synovus Trust Company FL Synovus Trust Company, N.A.
Jan 1, 2003 Heritage Bank East Bay CA Heritage Bank of Commerce
Jan 1, 2003 Glenmede Trust Company of New Jersey NJ The Glenmede Trust Company, N.A.
Jan 1, 2003 Trust Company of Maine, Inc. ME Acadia Trust, N.A.
Jan 1, 2003 First Financial Bank GA First Data Trust Company, LLC
Jan 1, 2003 Community Bancshares, Inc. NC Integrity Financial Corporation
Jan 1, 2003 Synovus Trust Corp. AL Synovus Trust Company, N.A.
Jan 1, 2003 Northwestern National Bank NC Catawba Valley Bank
Jan 1, 2003 Offitbank NY Wachovia Bank, N.A.
Jan 1, 2003 First Tuttle Bancorp, Inc. OK First Independent Bancorp, Inc.
Jan 1, 2003 Boulevard Technical Services, Incorporated IL U.S. Bank N.A.
Jan 1, 2003 Warren Bancorp, Inc. MA TD Bank US Holding Company
Jan 1, 2003 Astoria Investment Company IL Backlund Investment Co.
Jan 1, 2003 Bartonville Investment Company IL Backlund Investment Co.
Jan 1, 2003 Backlund-White Inc IL Backlund Investment Co.
Jan 1, 2003 U.S. Bancorp Information Services, Inc. MN U.S. Bank N.A.

Bank mergers by year

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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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