Mergers by Year

Bank Mergers in 2006

The Federal Reserve's National Information Center (NIC) recorded 862 merger records involving a bank, credit union or bank holding company in 2006. 347 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 811 in 2005.

347

Banks acquired

NIC, banks as the acquired side

Credit unions merged

NIC, credit unions as the acquired side

162

Holding companies

Bank holding companies merged

862

All merger records

2006 in US banking ›

Largest bank mergers of 2006

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, 2006	First National Bank of Goliad	TX	—	American Bank, National Association
Dec 30, 2006	Patriot Bank, National Association	VA	—	Carter Bank & Trust
Dec 30, 2006	The First National Bank of Chelsea	OK	—	Lakeside State Bank
Dec 30, 2006	Peoples National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Patrick Henry National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	The Summit National Bank	GA	—	United Commercial Bank
Dec 30, 2006	Central National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	First Arkansas Valley Bank	AR	—	Liberty Bank of Arkansas
Dec 30, 2006	Community National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Unity Bank, National Association	MN	—	Unity Bank
Dec 30, 2006	First National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Unity Bank Central	MN	—	Unity Bank
Dec 30, 2006	Mountain National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Blue Ridge Bank, National Association	VA	—	Carter Bank & Trust
Dec 30, 2006	Shenandoah National Bank	VA	—	Carter Bank & Trust

Biggest bank failures by assets ›

Every merger recorded in 2006

862 NIC merger records in 2006 involve a bank, credit union or bank holding company on at least one side, newest first.

Date	Acquired institution	State	Acquirer
Dec 31, 2006	First National Bank of Goliad	TX	American Bank, National Association
Dec 31, 2006	Cecilian Fcu	PA	American Heritage Federal Credit Union
Dec 31, 2006	TCF Mortgage Corporation	MN	TCF National Bank
Dec 30, 2006	Unity Bank, National Association	MN	Unity Bank
Dec 30, 2006	Community National Bank	VA	Carter Bank & Trust
Dec 30, 2006	The First National Bank of Chelsea	OK	Lakeside State Bank
Dec 30, 2006	First National Bank	VA	Carter Bank & Trust
Dec 30, 2006	First American Bank, National Association	FL	First American Bank
Dec 30, 2006	Islands Bancorp	SC	Ameris Bancorp
Dec 30, 2006	Peoples National Bank	VA	Carter Bank & Trust
Dec 30, 2006	The Summit National Bank	GA	United Commercial Bank
Dec 30, 2006	Summit Bank Corporation	GA	Ucbh Holdings, Inc.
Dec 30, 2006	Patriot Bank, National Association	VA	Carter Bank & Trust
Dec 30, 2006	Central National Bank	VA	Carter Bank & Trust
Dec 30, 2006	Shenandoah National Bank	VA	Carter Bank & Trust
Dec 30, 2006	Armstrong Bancshares, Inc.	OK	Ironhorse Financial Group, Inc.
Dec 30, 2006	First National Exchange Bank	VA	Carter Bank & Trust
Dec 30, 2006	First Arkansas Valley Bank	AR	Liberty Bank of Arkansas
Dec 30, 2006	Winston-Salem Police Credit Union	NC	Winston-Salem Federal Credit Union
Dec 30, 2006	Marcy Federal Credit Union	NY	Beacon Federal
Dec 30, 2006	Beach Bank	FL	Sun American Bank
Dec 30, 2006	Islands Community Bank, N. A.	SC	Ameris Bank
Dec 30, 2006	Unity Bank Central	MN	Unity Bank
Dec 30, 2006	Mountain National Bank	VA	Carter Bank & Trust
Dec 30, 2006	Blue Ridge Bank, National Association	VA	Carter Bank & Trust
Dec 30, 2006	Patrick Henry National Bank	VA	Carter Bank & Trust
Dec 30, 2006	Republic Bancorp Inc.	MI	Citizens Republic Bancorp, Inc.
Dec 29, 2006	Bank of Freeburg	MO	Bank of St. Elizabeth
Dec 29, 2006	Community National Bank	GA	South Georgia Banking Company
Dec 29, 2006	Amb Corporation	WI	American Bank
Dec 28, 2006	Harmony New York Federal Credit Union	NY	Criers Federal Credit Union
Dec 28, 2006	Endurance Federal Credit Union	NJ	County Excellence Federal Credit Union
Dec 28, 2006	Holy Family Parish Federal Credit Union	NY	St. Pius X Church Federal Credit Union
Dec 28, 2006	The Peoples Bancshares, Inc.	TN	1st Jackson Bancshares, Inc.
Dec 27, 2006	Pine Bankshares, Inc.	MN	Frandsen Financial Corporation
Dec 27, 2006	Carlos Bancshares, Inc.	MN	Blackridge Financial, Inc.
Dec 19, 2006	Northeast National Bank	TX	Patriot Bank
Dec 19, 2006	Bank of Frio Canyon	TX	First State Bank of Uvalde
Dec 19, 2006	Northeast Bancshares, Inc.	TX	Patriot Bancshares, Inc.
Dec 19, 2006	Northeast Bancshares-Delaware, Inc.	DE	Patriot Holdings Nevada, Inc.
Dec 18, 2006	Anderson Bank Company	OH	The Park National Bank
Dec 16, 2006	Sapelo National Bank	GA	Atlantic Southern Bank
Dec 16, 2006	Sapelo Bancshares, Inc.	GA	Atlantic Southern Financial Group, Inc.
Dec 16, 2006	Range Bank - Copper Country, National Association	MI	Range Bank
Dec 13, 2006	Piedmont Bancshares, Inc.	GA	Privatebancorp, Inc.
Dec 13, 2006	Territory Holding Company	OK	Ameribank Holding Company
Dec 9, 2006	Summit Bank, National Association	TX	Frost Bank
Dec 9, 2006	Summit Delaware Financial Corporation	DE	The New Galveston Company
Dec 9, 2006	Flag Financial Corporation	GA	RBC Bank (USA)
Dec 9, 2006	Premier Bank	PA	Fulton Bank, N.A.

Bank mergers by year

← 2005 · 2007 →

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.

Explore: all mergers · 2006 bank events · browse by acquirer · bank failures · all events