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
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 |
|---|---|---|
| Nov 1, 2003 | Maincorp Intermediate Holding Company, Inc. | Prosperity Holdings, Inc. |
| Nov 1, 2003 | Houston Commercial Bank | Enterprise Bank |
| Nov 1, 2003 | Southwest Bank | Southwest Bank, An M&I Bank |
| Nov 1, 2003 | Roslyn Bancorp, Inc. | Flagstar Financial, Inc. |
| Nov 1, 2003 | Mainbancorp, Inc. | Prosperity Bancshares, Inc. |
| Nov 1, 2003 | U.S. Trust Company of Texas, National Association | U.S. Trust Company, National Association |
| Nov 1, 2003 | Marble Falls National Bancshares, Inc. | North American Bancshares, Inc. |
| Nov 1, 2003 | Community Bancorp, Inc. | Citizens Financial Group, Inc. |
| Nov 1, 2003 | Nazareth National Bank and Trust Company | Keystone Nazareth Bank & Trust Company |
| Nov 1, 2003 | Coffeyville Teachers Credit Union | Kansas Teachers Community Credit Union |
| Nov 1, 2003 | The Commercial Bank | United Mississippi Bank |
| Nov 1, 2003 | Pioneer Bank, a Federal Savings Bank | FirstBank Northwest |
| Nov 1, 2003 | MainBank, National Association | Prosperity Bank |
| Nov 1, 2003 | Ibew-702 Federal Credit Union | Siu Credit Union |
| Nov 1, 2003 | James River Valley Federal Credit Union | Area Federal Credit Union |
| Nov 1, 2003 | American Sterilizer Employees Federal Credit Union | Americo Federal Credit Union |
| Nov 1, 2003 | Ocean County Postal Employees Federal Credit Union | First Harvest Federal Credit Union |
| Nov 1, 2003 | Community National Bank | Citizens Bank of Massachusetts |
| Nov 1, 2003 | The Roslyn Savings Bank | Flagstar Bank, N.A. |
| Nov 1, 2003 | Rocky Mountain Employees Credit Union | Advancial Federal Credit Union |
| Nov 1, 2003 | Ojai Valley Bank | Mid-State Bank & Trust |
| Nov 1, 2003 | BankTrust of Brewton | BankTrust |
| Nov 1, 2003 | J&J Employee Credit Union | MY Credit Union |
| Nov 1, 2003 | Alpha Community Credit Union | Piedmont Advantage Credit Union |
| Nov 1, 2003 | First State Bank of Sinai | Citizens State Bank of Arlington |
| Nov 1, 2003 | Sullivan County Employees Credit Union | Eastman Credit Union |
| Nov 1, 2003 | O-SCC-VS Employee Federal Credit Union | L&N Federal Credit Union |
| Nov 1, 2003 | Providence Va Hospital Federal Credit Union | Postal Government Employees Federal Credit Union |
| Nov 1, 2003 | Metropacific Community Credit Union | Qualstar Credit Union |
| Nov 1, 2003 | Parker Elgin Federal Credit Union | Pillar Credit Union, Inc |
| Nov 1, 2003 | Dunlop Credit Union | Family Security Credit Union |
| Nov 1, 2003 | Traditions Credit Union | Community 1st Credit Union |
| Oct 31, 2003 | Cam - Co Transit Federal Credit Union | G.A.P. Federal Credit Union |
| Oct 31, 2003 | Metuchen-Edison Federal Credit Union | United Teletech Financial Federal Credit Union |
| Oct 31, 2003 | Our Lady of Good Counsel Parish Credit Union | Oak Trust Credit Union |
| Oct 31, 2003 | First Colonial Group, Inc. | KNBT Bancorp Inc. |
| Oct 31, 2003 | Bank of Lecompte | Red River Bank |
| Oct 31, 2003 | W W M Federal Credit Union | Usx Federal Credit Union |
| Oct 31, 2003 | Deuel County State Bank | Points West Community Bank |
| Oct 31, 2003 | Coastline Community Credit Union | Orange County's Federal Credit Union |
| Oct 27, 2003 | Raccoon Valley State Bank | Raccoon Valley Bank |
| Oct 27, 2003 | Dallas Investment Company | Perry Investment Company |
| Oct 25, 2003 | The Martin County National Bank of Fairmont | Profinium, Inc. |
| Oct 24, 2003 | Fredericktown Bank & Trust Company | Farmers & Mechanics Bank |
| Oct 24, 2003 | Sarasota Bancorporation, Inc. | The Colonial Bancgroup, Inc. |
| Oct 23, 2003 | American National Bank | American National Bank |
| Oct 23, 2003 | Page State Bank | Quality Bank |
| Oct 23, 2003 | Page Bank Holding Company | Quality Bankshares, Inc. |
| Oct 21, 2003 | Western Bank & Trust National Association | American National Bank |
| Oct 21, 2003 | General Bank | Cathay Bank |
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.
Explore: all mergers · 2003 bank events · browse by acquirer · bank failures · all events