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 |
|---|---|---|
| Feb 1, 2006 | Kastco Credit Union | Omni Community Credit Union |
| Feb 1, 2006 | Hudson United Bank | TD Bank, N.A. |
| Feb 1, 2006 | La Vallee Federal Credit Union | Acadia Federal Credit Union |
| Feb 1, 2006 | Miami Beach Federal Credit Union | Dade County Federal Credit Union |
| Feb 1, 2006 | Hpi Employees Credit Union | Scott Credit Union |
| Feb 1, 2006 | Our Lady of the Assumption Federal Credit Union | Saint Anthony of New Bedford Federal Credit Union |
| Feb 1, 2006 | Reliable Federal Credit Union | Midwest America Federal Credit Union |
| Feb 1, 2006 | Peoples Bank | YNB |
| Feb 1, 2006 | Magpegasus Federal Credit Union | Pegasus Community Credit Union |
| Feb 1, 2006 | EFS Bank | Midamerica Bank, FSB |
| Feb 1, 2006 | Orofino Community Credit Union | Lewis Clark Credit Union |
| Feb 1, 2006 | Community Bank of Central California | Rabobank, N.A. |
| Feb 1, 2006 | Adams County Credit Union | Members First Community Credit Union |
| Feb 1, 2006 | North West Illinois Credit Union | Rockford Bell Credit Union |
| Feb 1, 2006 | Team Federal Credit Union | Destinations Credit Union |
| Jan 31, 2006 | Belk National Bank | Synchrony Bank |
| Jan 31, 2006 | T.E.A. Credit Union, Inc. | Pathways Financial Credit Union, Inc. |
| Jan 31, 2006 | First Signature Bank and Trust Company | First Republic Bank |
| Jan 31, 2006 | The Neighbors Credit Union | South Division Credit Union |
| Jan 31, 2006 | Shiloh Credit Union, Inc. | Antioch Baptist Church Credit Union, Inc. |
| Jan 31, 2006 | Citizens Central Bancorp, Inc. | Citizens Central Bancorp, Inc. |
| Jan 25, 2006 | First National Bank of Sachse | First Bank |
| Jan 23, 2006 | Peoples Banking Corporation | Heritage Bancorporation, Inc. |
| Jan 23, 2006 | Covenant Community Credit Union | Generations Community Credit Union |
| Jan 23, 2006 | Lamar County Federal Credit Union | Sunbelt Federal Credit Union |
| Jan 20, 2006 | Advantage Bank | Sun National Bank |
| Jan 20, 2006 | Centerstate Bank of Florida | SouthState Bank, N.A. |
| Jan 18, 2006 | Saratoga Springs Federal Credit Union | First New York Federal Credit Union |
| Jan 17, 2006 | (unnamed) | The First National Bank of Wynne |
| Jan 17, 2006 | Deutsche Bank Trust Company Connecticut Ltd. | Deutsche Bank Trust Company, N.A. |
| Jan 14, 2006 | Citizens Community Bank of Decatur | Buena Vista National Bank |
| Jan 14, 2006 | 1st State Bank | Capital Bank |
| Jan 12, 2006 | The Hoblitzell National Bank of Hyndman | Standard Bank |
| Jan 11, 2006 | New Mexico Financial Corporation | First State Bancorporation |
| Jan 11, 2006 | Ranchers Banks | First Community Bank |
| Jan 7, 2006 | Gate Gourmet Employee Credit Union | Southeast Financial Credit Union |
| Jan 6, 2006 | Western National Bank | FirstBank Southwest |
| Jan 5, 2006 | Bennington County Credit Union | Heritage Family Federal Credit Union |
| Jan 5, 2006 | Catawba Valley Bank | First Gaston Bank of North Carolina |
| Jan 4, 2006 | Saint John's Ame Federal Credit Union | Faith Community United Credit Union Inc. |
| Jan 4, 2006 | AccessBank | First Community Bank |
| Jan 4, 2006 | J.B.L. Employees Federal Credit Union | Premier America Credit Union |
| Jan 4, 2006 | Cedars Bank | Banc of California |
| Jan 4, 2006 | Rivoli Bank & Trust | Security Bank of Bibb County |
| Jan 4, 2006 | Peter B. Burke Agency, Inc. | SKY Financial Group, Inc. |
| Jan 3, 2006 | CH2M Hill Federal Credit Union | First Technology Federal Credit Union |
| Jan 3, 2006 | Underwood Holding Company, Inc. | Davis Bancshares, Inc |
| Jan 3, 2006 | 1st State Bancorp, Inc. | Capital Bank Corporation |
| Jan 2, 2006 | Cornerstone Bank | NewAlliance Bank |
| Jan 2, 2006 | Saint Luke Credit Union | Generations Community 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.
Explore: all mergers · 2006 bank events · browse by acquirer · bank failures · all events