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 |
|---|---|---|
| Apr 6, 2006 | St. Peters Yonkers Credit Union | Municipal Credit Union |
| Apr 6, 2006 | Valley Bancshares, Inc. | Blackridge Financial, Inc. |
| Apr 6, 2006 | University National Bank | BankFinancial, National Association |
| Apr 3, 2006 | Florida Choice Bankshares, Inc. | Alabama National Bancorporation |
| Apr 3, 2006 | Bloomfield Postal Federal Credit Union | Montclair Postal Employees Credit Union |
| Apr 3, 2006 | Arizona Council of the Blind Federal Credit Union | First Credit Union |
| Apr 1, 2006 | Princeton Employees Credit Union, Inc. | Emery Federal Credit Union |
| Apr 1, 2006 | Community First Financial Corporation | American National Bankshares Inc. |
| Apr 1, 2006 | Gold Ihc I, LLC | M&I LLC |
| Apr 1, 2006 | GBC Kansas, Inc. | M&I LLC |
| Apr 1, 2006 | Intermountain First Bancorp | Western Alliance Bancorporation |
| Apr 1, 2006 | Community First Bank | American National Bank and Trust Company |
| Apr 1, 2006 | Banking Corporation of Florida | Synovus Financial Corp. |
| Apr 1, 2006 | Trustcorp Financial Inc | M&I LLC |
| Apr 1, 2006 | Centennial National Bank | Bank Forward |
| Apr 1, 2006 | Amalgatrust Company, Inc. | Amalgamated Bank of Chicago |
| Apr 1, 2006 | United Community Bank Tennessee | United Community Bank |
| Apr 1, 2006 | Shinhan Bank | Shinhan Bank |
| Apr 1, 2006 | Big Lake Financial Corporation | Seacoast Banking Corporation of Florida |
| Apr 1, 2006 | Gold Banc Corporation, Inc. | M&I LLC |
| Apr 1, 2006 | First Financial Credit Union | Motor City Co-Op Credit Union |
| Apr 1, 2006 | W E C O Community Credit Union | Northstar Credit Union |
| Apr 1, 2006 | Overly Employees Federal Credit Union | Elliott Community Federal Credit Union |
| Apr 1, 2006 | Aero Federal Credit Union | Nasa Federal Credit Union |
| Apr 1, 2006 | Central Credit Union | Marine Credit Union |
| Apr 1, 2006 | University Employees Federal Credit Union | Georgia United Credit Union |
| Apr 1, 2006 | Central West End Bank, A Federal Savings Bank | Pulaski Bank National Association |
| Apr 1, 2006 | The First National Bank of Hoxie | The First State Bank |
| Apr 1, 2006 | Cmha Employees Federal Credit Union | Faith Community United Credit Union Inc. |
| Apr 1, 2006 | Falstaff Employees & Former Employees Credit Union | Louisiana Central Credit Union |
| Apr 1, 2006 | Natick Metrowest Federal Credit Union | Metrowest Community Federal Credit Union |
| Apr 1, 2006 | Blue Cross of Baton Rouge Federal Credit Union | Bayou Federal Credit Union |
| Apr 1, 2006 | Gold Bank | M&I Marshall and Ilsley Bank |
| Apr 1, 2006 | Wasco Credit Union | Utah Community Federal Credit Union |
| Apr 1, 2006 | Bakery Drivers Federal Credit Union | Tremont Credit Union |
| Apr 1, 2006 | Adams M East Federal Credit Union | Mycom Federal Credit Union |
| Apr 1, 2006 | Colorado Central Credit Union | Climb Credit Union |
| Apr 1, 2006 | A.S.R.C. Employees Federal Credit Union | Old Kentucky Home Federal Credit Union |
| Apr 1, 2006 | Guadalupan Credit Union | Gateway Metro Federal Credit Union |
| Apr 1, 2006 | Southern Baptist Credit Union | Adelfi Credit Union dba Christian Community Credit Union |
| Apr 1, 2006 | American Bank of Texas - Seguin | American Bank of Texas, National Association |
| Apr 1, 2006 | Concord Bank, National Association | The Summit National Bank |
| Apr 1, 2006 | Southern National Bank of Texas | Prosperity Bank |
| Apr 1, 2006 | Penn Credit Union | Interra Credit Union |
| Apr 1, 2006 | Eastman Employees Credit Union | Community First Credit Union |
| Apr 1, 2006 | Horizon Credit Union | Valley First Federal Credit Union |
| Apr 1, 2006 | Thorogood Credit Union | Valley Communities Credit Union |
| Apr 1, 2006 | Dixon Teachers Credit Union | Select Employees Credit Union |
| Apr 1, 2006 | Power Makers Credit Union | NSP Credit Union |
| Apr 1, 2006 | Commercial State Bank of Bonner Springs | Union Bank and Trust Company |
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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