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
Dec 5, 2003	Pittsburgh Financial Corp.	PA	First Commonwealth Financial Corporation
Dec 5, 2003	Sarasota Bank	FL	Colonial Bank
Dec 2, 2003	Caledonia Financial Corporation	MI	TCF Financial Corporation
Dec 1, 2003	Halekulani Federal Credit Union	HI	Hawaiian Financial Federal Credit Union
Dec 1, 2003	The Greenwich Bank & Trust Company	CT	Connecticut Community Bank, N.A.
Dec 1, 2003	Valley Communities Federal Credit Union	MI	United Financial Credit Union
Dec 1, 2003	Montgomery County Employees Credit Union	PA	American Heritage Federal Credit Union
Dec 1, 2003	American Metal Hose Employee Federal Credit Union	CT	Waterbury Connecticut Teachers Federal Credit Union
Dec 1, 2003	St. Francis Bank, F.S.B.	WI	Midamerica Bank, FSB
Dec 1, 2003	Catholic Credit Union	TX	Saint Joseph's Credit Union
Dec 1, 2003	Sho-Pan-Hi Federal Credit Union	ID	Icon Credit Union
Dec 1, 2003	Electrical Workers Credit Union, Inc.	OH	Pathways Financial Credit Union, Inc.
Dec 1, 2003	Hammermill Employees Federal Credit Union	PA	Erie Federal Credit Union
Dec 1, 2003	Al Tech Federal Credit Union	NY	Greater Chautauqua Federal Credit Union
Dec 1, 2003	S E S E Federal Credit Union	CA	Sunnyvale Federal Credit Union
Nov 30, 2003	Montana Media Credit Union	MT	Altana Federal Credit Union
Nov 30, 2003	Ackerman Credit Union, Inc.	OH	Kemba Financial Credit Union, Inc.
Nov 30, 2003	First National Bank	IL	First Financial Bank, N.A.
Nov 29, 2003	Kansas Farm Bureau Employees Credit Union	KS	Kansas State University Federal Credit Union
Nov 28, 2003	Bom Comloan, Inc.	NV	Bank One, National Association
Nov 27, 2003	Alabama Gas Credit Union	AL	1st Resource Credit Union
Nov 27, 2003	St. Clair County Teachers Credit Union	IL	Vantage Credit Union
Nov 22, 2003	Grange National Banc Corp.	PA	Community Financial System, Inc.
Nov 22, 2003	Associated Bank Illinois, National Association	IL	Associated Bank, N.A.
Nov 22, 2003	Montana First National Bank	MT	First Montana Bank, Inc.
Nov 22, 2003	Grange National Bank	PA	Community Bank, N.A.
Nov 21, 2003	Wells Fargo Bank Texas, National Association	TX	Wells Fargo Bank, N.A.
Nov 21, 2003	Rutherford Bank and Trust	TN	GreenBank
Nov 21, 2003	Independent Bankshares Corporation	TN	Green Bankshares, Inc.
Nov 21, 2003	First Independent Bank	TN	GreenBank
Nov 21, 2003	Averitt Express Savings Association Credit Union	TN	Southeast Financial Credit Union
Nov 21, 2003	Wells Fargo Bank West, National Association	CO	Wells Fargo Bank, N.A.
Nov 21, 2003	Wells Fargo Bank Nebraska, National Association	NE	Wells Fargo Bank, N.A.
Nov 21, 2003	Wells Fargo Bank Montana, National Association	MT	Wells Fargo Bank, N.A.
Nov 21, 2003	Wells Fargo Bank Alaska, National Association	AK	Wells Fargo Bank, N.A.
Nov 21, 2003	Wells Fargo Bank Wyoming, National Association	WY	Wells Fargo Bank, N.A.
Nov 18, 2003	Modesto Commerce Bank	CA	Bank of Stockton
Nov 18, 2003	Tuscaloosa Community Federal Credit Union	AL	Secure First Credit Union
Nov 18, 2003	Buffalo Telephone Employees Federal Credit Union	NY	The Summit Federal Credit Union
Nov 17, 2003	Memphis Nitrogen Federal Credit Union	TN	Southern Security Federal Credit Union
Nov 14, 2003	District 8 Federal Credit Union	CO	Air Academy Federal Credit Union
Nov 14, 2003	Community Bank of Kentucky, Inc.	KY	Your Community Bank
Nov 12, 2003	Dyno Employees NY Federal Credit Union	NY	Mid-Hudson Valley Federal Credit Union
Nov 10, 2003	First Heartland Bancorp	IA	Conover Bancorporation
Nov 8, 2003	The North American Bank and Trust Company	CT	Webster Bank, N.A.
Nov 8, 2003	Citizens Bank of Texas, National Association	TX	First Victoria National Bank
Nov 7, 2003	First Federal Savings Bank	KY	Kentucky Bank
Nov 7, 2003	Atlantic Savings Bank, F.S.B.	SC	Wachovia Bank, N.A.
Nov 3, 2003	Kaydon 6-G Federal Credit Union	TN	Hurd Employees Credit Union
Nov 3, 2003	Renaissance Federal Credit Union	PA	Omega Federal 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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