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.
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2003 | Fifth Third Bank, Kentucky, Inc. | — | Fifth Third Bank |
| Dec 31, 2003 | The Broadway National Bank of Chelsea | — | Boston Federal Savings Bank |
| Dec 31, 2003 | First National Trust Company | — | First National Bank of Pennsylvania |
| Dec 31, 2003 | Fifth Third Bank, Florida | — | Fifth Third Bank |
| Dec 31, 2003 | Jacksonville Savings Bank, SSB | — | Franklin Bank, S.S.B. |
| Dec 31, 2003 | Providian Bank | — | Providian National Bank |
| Dec 31, 2003 | The Fifth Third Bank of Northern Kentucky, Inc. | — | Fifth Third Bank |
| Dec 31, 2003 | Fifth Third Bank, Indiana | — | Fifth Third Bank |
| Dec 24, 2003 | The Lenox Savings Bank | — | Foundation Bank |
| Dec 20, 2003 | The First National Bank of O'Donnell | — | The State National Bank of Big Spring |
| Dec 15, 2003 | HomeTowne Heritage Bank | — | National Penn Bank |
| Dec 13, 2003 | Windsor Locks Community Bank, FSL | — | Enfield Federal Savings and Loan Association |
| Dec 13, 2003 | Great Lakes Bank | — | SKY Bank |
| Dec 12, 2003 | Security Bank National Association | — | Citibank Texas, National Association |
| Dec 10, 2003 | First State Bank of North Texas | — | 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 | Acquirer |
|---|---|---|
| Jan 1, 2003 | Saint Marks Credit Union | Christian Financial Credit Union |
| Jan 1, 2003 | Gte Erie Federal Credit Union | Tendto Federal Credit Union |
| Jan 1, 2003 | Medi-Serv Credit Union | San Francisco Fire Credit Union |
| Jan 1, 2003 | Lakeland Community Credit Union | Midflorida Credit Union |
| Jan 1, 2003 | Family Savings Bank, F.S.B. | Oneunited Bank |
| Jan 1, 2003 | Kilgore Ceramics Federal Credit Union | East Texas Professional Credit Union |
| Jan 1, 2003 | Midwest Steelworkers Federal Credit Union | U.P. Connection Federal Credit Union |
| Jan 1, 2003 | Western Cascade Federal Credit Union | Cascade Community Federal Credit Union |
| Jan 1, 2003 | Warren Five Cents Savings Bank | TD Bank, N.A. |
| Jan 1, 2003 | Southwest Government Employees Credit Union | Southwest Kansas Community Credit Union |
| Jan 1, 2003 | Mansfield Metro Credit Union, Inc. | Advantage Credit Union Incorporated |
| Jan 1, 2003 | Clinch River Plant Employees Federal Credit Union | Member One Federal Credit Union |
| Jan 1, 2003 | The Glenmede Trust Company | The Glenmede Trust Company, N.A. |
| Jan 1, 2003 | Barbour County Bank | Midsouth Bank |
| Jan 1, 2003 | Bank of Buffalo | Alliance Bank |
| Jan 1, 2003 | (unnamed) | Communityamerica Federal Credit Union |
| Jan 1, 2003 | Stranco Credit Union | Heartland Credit Union |
| Jan 1, 2003 | Chippewa District Credit Union | Valley Credit Union |
| Jan 1, 2003 | Top O'Tec Credit Union | Access Community Credit Union |
| Jan 1, 2003 | Interstate Credit Union | Appletree Credit Union |
| Jan 1, 2003 | Coast Guard Federal Credit Union | Pentagon Federal Credit Union |
| Jan 1, 2003 | Dunham Employees Credit Union | Greater Iowa Credit Union |
| Jan 1, 2003 | Central Bank of Tampa | Mercantile Bank |
| Jan 1, 2003 | Copper Mountain Trust Corporation | MUFG Union Bank, National Association |
| Jan 1, 2003 | Wesley Credit Union | Consumers Professional Credit Union |
| Jan 1, 2003 | Tri Star National Bank | Brooks Bank, N.A. |
| Jan 1, 2003 | Delta International Credit Union | Brightview Federal Credit Union |
| Jan 1, 2003 | Austintown Federal Credit Union | Edison Financial Credit Union, Incorporated |
| Jan 1, 2003 | Bank of Los Altos | Heritage Bank of Commerce |
| Jan 1, 2003 | Community Financial Services, Inc. | Sturm Financial Group, Inc. |
| Jan 1, 2003 | MFC, Inc. | Marquette Financial Companies |
| Jan 1, 2003 | National Bank of Commerce in Superior | National Bank of Commerce |
| Jan 1, 2003 | Northern State Bank | The Legacy Bank |
| Jan 1, 2003 | Heritage Bank South Valley | Heritage Bank of Commerce |
| Jan 1, 2003 | Synovus Trust Company | Synovus Trust Company, N.A. |
| Jan 1, 2003 | Heritage Bank East Bay | Heritage Bank of Commerce |
| Jan 1, 2003 | Glenmede Trust Company of New Jersey | The Glenmede Trust Company, N.A. |
| Jan 1, 2003 | Trust Company of Maine, Inc. | Acadia Trust, N.A. |
| Jan 1, 2003 | First Financial Bank | First Data Trust Company, LLC |
| Jan 1, 2003 | Community Bancshares, Inc. | Integrity Financial Corporation |
| Jan 1, 2003 | Synovus Trust Corp. | Synovus Trust Company, N.A. |
| Jan 1, 2003 | Northwestern National Bank | Catawba Valley Bank |
| Jan 1, 2003 | Offitbank | Wachovia Bank, N.A. |
| Jan 1, 2003 | First Tuttle Bancorp, Inc. | First Independent Bancorp, Inc. |
| Jan 1, 2003 | Boulevard Technical Services, Incorporated | U.S. Bank N.A. |
| Jan 1, 2003 | Warren Bancorp, Inc. | TD Bank US Holding Company |
| Jan 1, 2003 | Astoria Investment Company | Backlund Investment Co. |
| Jan 1, 2003 | Bartonville Investment Company | Backlund Investment Co. |
| Jan 1, 2003 | Backlund-White Inc | Backlund Investment Co. |
| Jan 1, 2003 | U.S. Bancorp Information Services, Inc. | U.S. Bank N.A. |
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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