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 |
|---|---|---|
| Sep 3, 2003 | Tejas Force, Inc. | Ibid, Inc. |
| Sep 3, 2003 | Tejas Bancshares, Inc. | Ibid, Inc. |
| Sep 2, 2003 | Mountain State Federal Credit Union | Altana Federal Credit Union |
| Sep 2, 2003 | State Bank of Moorhead | Bell Bank |
| Sep 2, 2003 | Fort Hood Military Federal Credit Union | Pentagon Federal Credit Union |
| Sep 2, 2003 | State Bank of West Fargo | Bell Bank |
| Sep 2, 2003 | KC Credit Union | Firefly Federal Credit Union |
| Sep 2, 2003 | San Antonio Women's Credit Union | Select Federal Credit Union |
| Sep 2, 2003 | Heartland Credit Union | Greater Iowa Credit Union |
| Sep 1, 2003 | Citifinancial, Inc. 486, LLC | Citifinancial, INC.<OH> |
| Sep 1, 2003 | Citifinancial Services, Inc. 384, LLC | Cfna Receivables (Pa), Inc. |
| Sep 1, 2003 | Indianapolis Railroad Employees Credit Union | Indiana Members Credit Union |
| Sep 1, 2003 | Arapahoe County Funding Company | Capitol Bancorporation, Inc. |
| Sep 1, 2003 | Postal 1st Credit Union | Utah First Federal Credit Union |
| Sep 1, 2003 | United Savings and Loan Bank | WaFd Bank |
| Sep 1, 2003 | E F I Employees Credit Union | Shipbuilders Credit Union |
| Sep 1, 2003 | Arapahoe Bank and Trust | First National Bank |
| Sep 1, 2003 | Members Edge Federal Credit Union | Pittsburgh Federal Credit Union |
| Sep 1, 2003 | Associated Metro Federal Credit Union | Village Community Credit Union |
| Sep 1, 2003 | Friendly Credit Union | Navigator Federal Credit Union |
| Sep 1, 2003 | Rainbow Credit Union | Ark Valley Credit Union |
| Sep 1, 2003 | U.S. Trust Company of Florida, National Association | U.S. Trust Company, National Association |
| Sep 1, 2003 | Teamsters Credit Union | Seattle Metropolitan Credit Union |
| Aug 30, 2003 | Corwith State Bank | Iowa State Bank |
| Aug 30, 2003 | Centennial Bank | Vantagesouth Bank |
| Aug 30, 2003 | Baldwin Bancshares, Inc. | GB&T Bancshares, Inc. |
| Aug 30, 2003 | Citibank (New York State) | Citibank, N.A. |
| Aug 29, 2003 | Fifth Third Processing Solutions | Fifth Third Bank, N.A. |
| Aug 29, 2003 | Corwith State Bancshares, Inc. | Corwith State Bank |
| Aug 29, 2003 | Security Bankshares, Inc. | City Delaware Bancorp, Inc. |
| Aug 29, 2003 | Community National Bank of Grand Forks | Community Bank of the Red River Valley |
| Aug 28, 2003 | Carlyle and Company Credit Union | Truliant Federal Credit Union |
| Aug 26, 2003 | Asiana Bank | Nara Bank |
| Aug 25, 2003 | CSB Financial Corp. | Lakeland Bancorp, Inc. |
| Aug 25, 2003 | Community State Bank | Lakeland Bank |
| Aug 23, 2003 | Southern Community Bank, Atlantic | Trustmark Bank |
| Aug 23, 2003 | Verdugo Banking Company | Banc of California |
| Aug 21, 2003 | B.M.G. Credit Union, Inc. | McKesson Federal Credit Union |
| Aug 21, 2003 | Hume Bancshares, Inc. | Hume Bancshares Acquisition Corp |
| Aug 18, 2003 | Dicey Federal Credit Union | Truliant Federal Credit Union |
| Aug 16, 2003 | Secured Trust Bank | Community Bank & Trust, S.S.B. |
| Aug 16, 2003 | Marine National Bank of Naples | Old Florida Bank |
| Aug 16, 2003 | Marine Bancshares, Inc. | Old Florida Bankshares, Inc. |
| Aug 16, 2003 | WB&T Delaware Bancshares, Inc. | Inwood Bancshares, Inc. |
| Aug 16, 2003 | WB&T Bancshares, Inc. | Inwood Bancshares, Inc. |
| Aug 16, 2003 | Western Bank & Trust | Inwood National Bank |
| Aug 13, 2003 | F&M Bancorp | Mercantile Bankshares Corporation |
| Aug 12, 2003 | Carr-Lowrey Employees Federal Credit Union | State Employees Credit Union of Maryland Inc. |
| Aug 11, 2003 | Albany Community Development Federal Credit Union | Broadview Federal Credit Union |
| Aug 11, 2003 | Border State Bank | Border 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.
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