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 1, 2003	Pinnacle Financial Corporation	GA	Vallant Financial, Inc.

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.

Explore: all mergers · 2003 bank events · browse by acquirer · bank failures · all events