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
0
Credit unions merged
NIC, credit unions as the acquired side
162
Holding companies
Bank holding companies merged
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2006 | First National Bank of Goliad | — | American Bank, National Association |
| Dec 30, 2006 | Patriot Bank, National Association | — | Carter Bank & Trust |
| Dec 30, 2006 | The First National Bank of Chelsea | — | Lakeside State Bank |
| Dec 30, 2006 | Peoples National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Patrick Henry National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | The Summit National Bank | — | United Commercial Bank |
| Dec 30, 2006 | Central National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | First Arkansas Valley Bank | — | Liberty Bank of Arkansas |
| Dec 30, 2006 | Community National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Unity Bank, National Association | — | Unity Bank |
| Dec 30, 2006 | First National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Unity Bank Central | — | Unity Bank |
| Dec 30, 2006 | Mountain National Bank | — | Carter Bank & Trust |
| Dec 30, 2006 | Blue Ridge Bank, National Association | — | Carter Bank & Trust |
| Dec 30, 2006 | Shenandoah National Bank | — | Carter Bank & Trust |
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 | Acquirer |
|---|---|---|
| Jun 3, 2006 | Big Lake National Bank | Seacoast National Bank |
| Jun 2, 2006 | Advantage Finance, Inc. | The Commercial Savings Bank |
| Jun 1, 2006 | Saint Valentine Federal Credit Union | Catholic Vantage Financial |
| Jun 1, 2006 | WWB Statutory Trust I | Heritage Financial Corporation |
| Jun 1, 2006 | Gold Trust Company | (unnamed) |
| Jun 1, 2006 | WWB Real Estate Holdings, Inc. | Heritage Financial Corporation |
| Jun 1, 2006 | Main Street Banks, Inc. | Truist Financial Corporation |
| Jun 1, 2006 | Western Washington Bancorp | Heritage Financial Corporation |
| Jun 1, 2006 | Washington State Bank, National Association | Heritage Bank |
| Jun 1, 2006 | FNB Financial Corporation | Tower Bancorp Inc. |
| Jun 1, 2006 | Bosque Corporation | F C Holdings of Delaware, Inc. |
| Jun 1, 2006 | B B Schools Federal Credit Union | Elite Community Credit Union |
| Jun 1, 2006 | Wilkes-Barre Newspapers Federal Credit Union | Community Regional Credit Union |
| Jun 1, 2006 | Catholic Community Credit Union | Jackson Community Federal Credit Union |
| Jun 1, 2006 | Trenton Times Employees Federal Credit Union | Credit Union of New Jersey |
| Jun 1, 2006 | Arizona Odd Fellow-Rebekah Credit Union | Marisol Federal Credit Union |
| Jun 1, 2006 | Holliston Mills Employees Credit Union | Kingsport Press Credit Union |
| Jun 1, 2006 | Evergreen Federal Credit Union | Evergreen Direct Credit Union |
| Jun 1, 2006 | Temco Employees Federal Credit Union | Widget Federal Credit Union |
| Jun 1, 2006 | Consumer National Bank | State Bank & Trust Company |
| Jun 1, 2006 | H C Federal Credit Union | Harris County Federal Credit Union |
| May 31, 2006 | Gulfport CBC Credit Union | Navy Federal Credit Union |
| May 31, 2006 | CNC Mortgage, L.L.C. | Citizens Bank of Kentucky, Inc |
| May 31, 2006 | Hinsbrook Bancshares, Inc. | Wintrust Financial Corporation |
| May 31, 2006 | Sturgis Community Federal Credit Union | Simply Service Federal Credit Union |
| May 27, 2006 | Bank of Tazewell County | The National Bank of Blacksburg |
| May 27, 2006 | The Legacy Trust Company | First National Trust Company |
| May 27, 2006 | The Legacy Bank | First National Bank of Pennsylvania |
| May 26, 2006 | German American Holdings Corporation | German American Bancorp, Inc. |
| May 25, 2006 | Family & Neighbors Federal Credit Union | Buffalo Metropolitan Federal Credit Union |
| May 25, 2006 | I.B.E.W. Local 43 Federal Credit Union | Focal Point Federal Credit Union |
| May 22, 2006 | Keystone Bank | Truman Bank |
| May 20, 2006 | Oak Industrial Park Credit Union | Western Districts Members Credit Union |
| May 20, 2006 | Liberty Bank of New York | Wilshire Bank |
| May 20, 2006 | National American Bancorp | East Asia Holding Company, Inc. |
| May 20, 2006 | Maryland Permanent Bank and Trust Company | Northwest Bank |
| May 20, 2006 | Bedford Federal Savings Bank, National Association | StellarOne Bank |
| May 20, 2006 | National American Bank | Industrial and Commercial Bank of China (USA), N.A. |
| May 20, 2006 | FNB Salem Bank and Trust, National Association | StellarOne Bank |
| May 19, 2006 | Yellow Medicine Bancshares, Inc. | Forstrom Bancorporation, Inc. |
| May 17, 2006 | First Independent National Bank | First Bank |
| May 16, 2006 | Bank of the Southwest | Arizona Bank & Trust |
| May 16, 2006 | Cornerstone Bank | First Financial Bank |
| May 16, 2006 | Great Eastern Bank | Cathay Bank |
| May 15, 2006 | Stamford Telephone Employees Federal Credit Union | Stamford Healthcare Credit Union, Inc. |
| May 13, 2006 | Bank of Yutan | First State Bank Nebraska |
| May 13, 2006 | Bells Banking Company | Merchants and Farmers Bank |
| May 13, 2006 | Crockett County Bancshares, Inc. | First M & F Corporation |
| May 13, 2006 | C T S Berne Employees Federal Credit Union | Three Rivers Federal Credit Union |
| May 13, 2006 | Bank Calumet National Association | First Midwest 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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