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.
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 1, 2006 | Church of St Marys Federal Credit Union | Red Rocks Credit Union |
| Mar 31, 2006 | Chevron Pascagoula Federal Credit Union | Chevron Federal Credit Union |
| Mar 31, 2006 | Golden West Enterprises, Inc. | Citizens Business Bank, N.A. |
| Mar 31, 2006 | Citco Financial Corporation | Citizens Bank of Kentucky, Inc |
| Mar 31, 2006 | U.S. Trust Company, National Association | United States Trust Company , National Association |
| Mar 31, 2006 | Union State Bank | Freedombank |
| Mar 31, 2006 | Members Capital Credit Union | Sun Federal Credit Union |
| Mar 31, 2006 | Postville State Bank | Freedombank |
| Mar 31, 2006 | Corona & Lightolier Employees Federal Credit Union | Proponent Federal Credit Union |
| Mar 31, 2006 | Altoona Veeder-Root Federal Credit Union | Altoona Regional Health System Federal Credit Union |
| Mar 31, 2006 | Church of the Redeemer Fcu | Freedom Credit Union |
| Mar 31, 2006 | New Visions Community Federal Credit Union | Discovery Federal Credit Union |
| Mar 30, 2006 | Dale Henry Educators Federal Credit Union | Southern Energy Credit Union |
| Mar 28, 2006 | Nittany Bank | National Penn Bank |
| Mar 27, 2006 | Cavalry Banking | Pinnacle Bank |
| Mar 25, 2006 | Riverside Bancshares, Inc. | Synovus Financial Corp. |
| Mar 25, 2006 | Texasbanc Holding Co. | BBVA USA Bancshares, Inc. |
| Mar 25, 2006 | Riverside Bank | Bank of North Georgia |
| Mar 25, 2006 | Brockway Press Metals Federal Credit Union | Priority First Federal Credit Union |
| Mar 25, 2006 | TexasBank | BBVA USA |
| Mar 25, 2006 | Sunbank, N.A. | South State Bank |
| Mar 25, 2006 | M & F Financial Corp. | Compass Texas Acquisition Corp. |
| Mar 18, 2006 | Standard Bank | East West Bank |
| Mar 18, 2006 | Security State Bank of Sebeka | Community First Bank |
| Mar 17, 2006 | Asset Recovery, Inc. | Ibid, Inc. |
| Mar 16, 2006 | Columbia Trust Bank | AmericanWest Bank |
| Mar 16, 2006 | Cavalry Bancorp, Inc. | Pinnacle Financial Partners, Inc. |
| Mar 16, 2006 | Columbia Trust Bancorp | Americanwest Bancorporation |
| Mar 13, 2006 | Greater Vision Credit Union | Chaco Credit Union, Inc. |
| Mar 11, 2006 | Jasper State Bank | Peoples Bank |
| Mar 11, 2006 | Pipestone County Bancorp | Peoples Bancorp |
| Mar 11, 2006 | Elgin Bancshares, Inc. | Watford City Bancshares, Inc. |
| Mar 11, 2006 | Farmers State Bank | First International Bank and Trust |
| Mar 6, 2006 | Heim Employees Credit Union | Mutual Security Credit Union, Inc. |
| Mar 4, 2006 | Rural American Bank - Foley | Frandsen Bank & Trust |
| Mar 4, 2006 | Calnet Business Bank, National Association | Commercial Capital Bank, FSB |
| Mar 4, 2006 | First National Bank | Ameris Bank |
| Mar 4, 2006 | The First Bank of Brunswick | Ameris Bank |
| Mar 3, 2006 | The Farmers State Bank of Corning | First Heritage Bank |
| Mar 1, 2006 | Metropolitan Community Credit Union | Generations Community Credit Union |
| Mar 1, 2006 | Westcorp | Wachovia Corporation |
| Mar 1, 2006 | Marine Bank | Marine Bank |
| Mar 1, 2006 | Unizan Financial Services Group, N.A. | The Huntington National Bank |
| Mar 1, 2006 | Alamo Corporation of Delaware | The New Galveston Company |
| Mar 1, 2006 | Alamo Corporation of Texas | Cullen/frost Bankers, Inc. |
| Mar 1, 2006 | Unizan Financial Corp. | Huntington Bancshares Incorporated |
| Mar 1, 2006 | Interguild Federal Credit Union | Musicians' Interguild Credit Union |
| Mar 1, 2006 | Western Financial Bank, National Association | Wachovia Bank, N.A. |
| Mar 1, 2006 | Richmond Transit Federal Credit Union | Credit Union of Richmond Incorporated |
| Mar 1, 2006 | U W S P Credit Union | University of Wisconsin 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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