Mergers by Year
Bank Mergers in 2004
The Federal Reserve's National Information Center (NIC) recorded 853 merger records involving a bank, credit union or bank holding company in 2004. 331 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 751 in 2003.
331
Banks acquired
1 bought by a credit union
0
Credit unions merged
NIC, credit unions as the acquired side
157
Holding companies
Bank holding companies merged
Largest bank mergers of 2004
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2004 | Advance Financial Savings Bank, FSB | — | Parkvale Savings Bank |
| Dec 31, 2004 | The Business Bank | — | Cadence Bank |
| Dec 31, 2004 | Premier Bank of Brentwood | — | Cadence Bank |
| Dec 31, 2004 | Red Cedar Bank National Association | — | Peoples State Bank of Plainview |
| Dec 31, 2004 | First Federal Savings Bank of Eastern Ohio | — | Century National Bank |
| Dec 30, 2004 | The First National Bank of Clifton | — | The First Trust and Savings Bank of Watseka |
| Dec 28, 2004 | Central Bank Fulton | — | Central Bank Illinois |
| Dec 12, 2004 | The State Bank of Allerton | — | Philo Exchange Bank |
| Dec 11, 2004 | The Wayne County National Bank of Wooster | — | National City Bank |
| Dec 11, 2004 | Union Planters Bank of the Lakeway Area | — | Union Planters Bank, National Association |
| Dec 11, 2004 | Bank of Lodi, N.A. | — | Placer Sierra Bank |
| Dec 11, 2004 | Savings Bank & Trust | — | National City Bank |
| Dec 10, 2004 | Farmers Bank of Portageville | — | First State Bank and Trust Company, Inc. |
| Dec 9, 2004 | The First National Bank | — | Metropolitan National Bank |
| Dec 6, 2004 | Harbor Community Bank | — | Security State Bank |
Every merger recorded in 2004
853 NIC merger records in 2004 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| May 1, 2004 | Kankakee Community College Employees East Credit Union | Commonwealth Credit Union |
| May 1, 2004 | Forum Federal Credit Union | Compass Financial Federal Credit Union |
| May 1, 2004 | Sheaffer Employees Credit Union | Iowa Community Credit Union |
| May 1, 2004 | Smiths Bluff Texas Federal Credit Union | MCT Credit Union |
| May 1, 2004 | West Penn Eastern Area Employees Federal Credit Union | Titan Federal Credit Union |
| May 1, 2004 | Pacific Union Bank | Hanmi Bank |
| May 1, 2004 | Caswell Credit Union | Generations Community Credit Union |
| May 1, 2004 | Cape Cod Bank and Trust, National Association | TD Bank, N.A. |
| May 1, 2004 | The Monroe County Bank | BankTrust |
| May 1, 2004 | Beaird Employees Federal Credit Union | Northwest Louisiana Federal Credit Union |
| May 1, 2004 | Essex Savings Bank, F.S.B. | Provident Bank of Maryland |
| May 1, 2004 | California Federation of Teachers Credit Union | Matadors Community Credit Union |
| May 1, 2004 | Houston Trinity County Teachers Federal Credit Union | Southland Federal Credit Union |
| May 1, 2004 | Wge Community Federal Credit Union | Complex Community Federal Credit Union |
| May 1, 2004 | Rural Electric Credit Union | Aurora Federal Credit Union |
| May 1, 2004 | Consolidated Financial | Alero Financial Credit Union |
| May 1, 2004 | Atlanta Kemba Federal Credit Union | Associated Credit Union |
| May 1, 2004 | Foxborough Savings Bank | TD Bank, N.A. |
| May 1, 2004 | Register & Tribune Employees Credit Union | Premier Credit Union |
| May 1, 2004 | Arlington National Bank | Summit Bank, National Association |
| May 1, 2004 | Pepsi-Cincinnati Federal Credit Union | General Electric Credit Union |
| May 1, 2004 | Pedco Credit Union | Numerica Credit Union |
| May 1, 2004 | O a I C Federal Credit Union | Oregonians Credit Union |
| May 1, 2004 | Southern Financial Bank | Provident Bank of Maryland |
| May 1, 2004 | Ellsworth State Bank | Exchange State Bank |
| Apr 30, 2004 | Cascade View Community Credit Union | First Community Credit Union |
| Apr 30, 2004 | Piper Capital Management Incorporated | U.S. Bancorp |
| Apr 30, 2004 | Argyle Financial Services, Inc. | First Holding Company of Cavalier, Inc. |
| Apr 30, 2004 | Simmons Company Employees Federal Credit Union | Pinnacle Federal Credit Union |
| Apr 30, 2004 | Lady of Lorettto Credit Union | South Division Credit Union |
| Apr 29, 2004 | Abington Savings Bank | Compass Bank for Savings |
| Apr 29, 2004 | Abington Bancorp, Inc. | Seacoast Financial Services Corporation |
| Apr 28, 2004 | Hayburne, Inc. | The Bank of Western Massachusetts |
| Apr 24, 2004 | First State Bank, Colorado Springs | First State Bank |
| Apr 24, 2004 | Pacific Northwest Bank | Wells Fargo Bank, N.A. |
| Apr 24, 2004 | Taft National Bank | United Security Bank |
| Apr 22, 2004 | Tecumseh Federal Credit Union | Holley Credit Union |
| Apr 21, 2004 | First State Agency of Lake Lillian, Inc. | Forstrom Bancorporation, Inc. |
| Apr 20, 2004 | Webster Trust Company, N.A. | Webster Bank, N.A. |
| Apr 19, 2004 | Typo Federal Credit Union | Hopewell Chemical Federal Credit Union |
| Apr 17, 2004 | Harbor National Bank | Banc of California |
| Apr 17, 2004 | Vbi, Inc. | Adbanc, Inc. |
| Apr 17, 2004 | Vista Bank | Adams Bank & Trust |
| Apr 17, 2004 | Sun Bank | Happy State Bank |
| Apr 16, 2004 | McCreary National Bank | Somerset National Bank |
| Apr 16, 2004 | McCreary National Bancorp, Inc. | Somerset Bancorp, Inc. |
| Apr 16, 2004 | FNB Bancshares, Inc. | American Community Bancshares, Inc. |
| Apr 16, 2004 | Wells Fargo Services Company | Wells Fargo Bank, N.A. |
| Apr 15, 2004 | Lebo Bancshares, Inc. | The State Bank of Lebo |
| Apr 15, 2004 | Republic Bancshares, Inc. | Truist Financial Corporation |
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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