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 |
|---|---|---|
| Jan 1, 2004 | Metro Employees Credit Union | US Community Credit Union |
| Jan 1, 2004 | Solky Federal Credit Union | Desco Federal Credit Union |
| Jan 1, 2004 | North Country Credit Union | Credit Union 1 |
| Jan 1, 2004 | Kaiser Employees Credit Union | Pelican Credit Union |
| Jan 1, 2004 | First Western Bank | First Western Bank |
| Jan 1, 2004 | Acorn Credit Union | Granite State Credit Union |
| Jan 1, 2004 | Post Office Employees Credit Union of Pittsburgh, Pennsylvania | U S Postal Service Federal Credit Union |
| Jan 1, 2004 | Montco Teachers Federal Credit Union | Freedom Credit Union |
| Jan 1, 2004 | Weleetka State Bank | The Bank of Commerce, Wetumka, Oklahoma |
| Jan 1, 2004 | First & Ocean National Bank | TD Bank, N.A. |
| Jan 1, 2004 | North Florida Federal Credit Union | Gte Federal Credit Union dba Gte Financial |
| Jan 1, 2004 | THD Dist 4 Credit Union | Education Credit Union |
| Jan 1, 2004 | DC V a M C Federal Credit Union | Pentagon Federal Credit Union |
| Jan 1, 2004 | Fairfield County Savings Bank | Fairfield County Bank |
| Jan 1, 2004 | NYSC Federal Credit Union | First Heritage Federal Credit Union |
| Jan 1, 2004 | Icg Federal Credit Union | Patriot Equity Credit Union |
| Jan 1, 2004 | Rentex Balto Employees Federal Credit Union | Ase Federal Credit Union |
| Jan 1, 2004 | Alltec Federal Credit Union | Financial Partners Credit Union |
| Jan 1, 2004 | Southern Illinois School Credit Union | Siu Credit Union |
| Jan 1, 2004 | Elizabeth Transport Federal Credit Union | Bergen Division Federal Credit Union |
| Jan 1, 2004 | Barnes Drill Employees Credit Union | Rock Valley Credit Union |
| Jan 1, 2004 | High Country Financial Corporation | Yadkin Bank |
| Jan 1, 2004 | First Source Capital | American River Bank |
| Jan 1, 2004 | High Country Bank | Yadkin Bank |
| Jan 1, 2004 | Wabasha County Bank | Bank of Alma |
| Jan 1, 2004 | The Rock Credit Union | Avadian Credit Union |
| Jan 1, 2004 | Washington County Community Development Federal Credit Union | Primeway Federal Credit Union |
| Jan 1, 2004 | Community Bank of Grants Pass | Bank of the Cascades |
| Jan 1, 2004 | Bankers Mortgage Company | First State Bank |
| Jan 1, 2004 | American Bank Shares, Inc. | First Western Bank |
| Jan 1, 2004 | United California Capital | Bank of the West |
| Jan 1, 2004 | North Coast Bank, National Association | American River Bank |
| Jan 1, 2004 | Six Rivers Bank | North Valley Bank |
| Jan 1, 2004 | United National Bancorp | PNC Bancorp, Inc. |
| Jan 1, 2004 | First United Bancshares, Inc. | South Central Bancshares of Kentucky, Inc. |
| Jan 1, 2004 | First & Ocean Bancorp | TD Bank US Holding Company |
| Jan 1, 2004 | Teche Bancshares, Inc. | Louisiana Community Bancshares, Inc. |
| Jan 1, 2004 | Bucklin Bankshares, Inc. | The Farmers State Bank of Bucklin, Kansas |
| Jan 1, 2004 | Fenn Manufacturing Employees Federal Credit Union | Nutmeg State Financial Credit Union |
| Jan 1, 2004 | Canton CG Employees Federal Credit Union | Saint Lawrence Federal Credit Union |
| Jan 1, 2004 | Sun Security Bank of America | Sun Security Bank |
| Jan 1, 2004 | Customs Federal Credit Union | Treasury Department Federal Credit Union |
| Jan 1, 2004 | National Gypsum Balto Employees Federal Credit Union | Ase Federal Credit Union |
| Jan 1, 2004 | Carnation Communities Credit Union, Inc. | Golden Circle Credit Union, Inc. |
| Jan 1, 2004 | Community Credit Union of Wausau | Covantage Credit Union |
| Jan 1, 2004 | The First National Bank of Springdale | First Security Bank |
| Jan 1, 2004 | Westford Municipal Employees Federal Credit Union | Workers Federal Credit Union |
| Jan 1, 2004 | Connecticut State Grange Federal Credit Union | Nutmeg State Financial Credit Union |
| Jan 1, 2004 | Grayson Federal Credit Union | Texoma Educators Federal Credit Union |
| Jan 1, 2004 | M.E.S. Credit Union | People Driven Credit Union |
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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