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 |
|---|---|---|
| Jan 2, 2006 | Cornerstone Bancorp, Inc. | Newalliance Bancshares, Inc. |
| Jan 2, 2006 | Johnson Commercial Leasing, Inc. | Johnson Bank |
| Jan 1, 2006 | Olympic Community Federal Credit Union | Peninsula Community Federal Credit Union |
| Jan 1, 2006 | Brownsville Deposit Bank | Limestone Bank, Inc. |
| Jan 1, 2006 | B & O Painesville Employees Federal Credit Union | Century Federal Credit Union |
| Jan 1, 2006 | Federal Employees Credit Union | Pfcu |
| Jan 1, 2006 | Beaumont Telco Federal Credit Union | Neches Federal Credit Union |
| Jan 1, 2006 | Regency Savings Bank, A FSB | Park National Bank |
| Jan 1, 2006 | Tri City Transportation Credit Union | Capital Credit Union |
| Jan 1, 2006 | U S Paper Mills Credit Union | Capital Credit Union |
| Jan 1, 2006 | MidWestOne Bank | MidWestOne Bank |
| Jan 1, 2006 | Fort Buchanan Federal Credit Union | Pentagon Federal Credit Union |
| Jan 1, 2006 | Merchants & Farmers Bank | West Alabama Bank & Trust |
| Jan 1, 2006 | Ascencia Bank, Inc. | Limestone Bank, Inc. |
| Jan 1, 2006 | Dot District 5 Credit Union | Connect Credit Union |
| Jan 1, 2006 | Ga Pa Federal Credit Union | Geovista Federal Credit Union |
| Jan 1, 2006 | Bullitt County Bank | Limestone Bank, Inc. |
| Jan 1, 2006 | G. C. U. Federal Credit Union | West-Aircomm Federal Credit Union |
| Jan 1, 2006 | Windsor-Orange County Credit Union | 802 Credit Union |
| Jan 1, 2006 | Echlin Federal Credit Union | United Shoreline Federal Credit Union |
| Jan 1, 2006 | Wilton Savings Bank | Community Bank & Trust Company |
| Jan 1, 2006 | Kankakee Saint Martin Credit Union | Elite Community Credit Union |
| Jan 1, 2006 | First Bank of Oak Park | Park National Bank |
| Jan 1, 2006 | Park National Bank and Trust of Chicago | Park National Bank |
| Jan 1, 2006 | Vindicator Federal Credit Union | Seven Seventeen Credit Union Inc |
| Jan 1, 2006 | Cuyahoga Works Credit Union, Inc. | Community United Credit Union |
| Jan 1, 2006 | BPD Finance | BPD Bank |
| Jan 1, 2006 | HB Investment Trust | Columbia Bank |
| Jan 1, 2006 | Buford Banking Group, Inc. | Gwinnett Commercial Group, Inc. |
| Jan 1, 2006 | Ascencia Bancorp, Inc. | Limestone Bancorp, Inc |
| Jan 1, 2006 | First Commonwealth Professional Resources, Inc. | First Commonwealth Bank |
| Jan 1, 2006 | Rock Community Bank | Greater Community Bank |
| Jan 1, 2006 | Pella State Bank | MidWestOne Bank |
| Jan 1, 2006 | Wachovia of Alabama, Inc. | Wachovia Corporation |
| Jan 1, 2006 | First Colorado Bankshares, Inc. | Alpine Bank |
| Jan 1, 2006 | Central Valley Bank | MidWestOne Bank |
| Jan 1, 2006 | National Exchange Investment Corporation | National Exchange Bank and Trust |
| Jan 1, 2006 | First National Bank | Alpine Bank |
| Jan 1, 2006 | Acquisition Corporation | CCB Financial Corporation |
| Jan 1, 2006 | Mbna Corporation | Bank of America Corporation |
| Jan 1, 2006 | Cosmopolitan Bank and Trust | Park National Bank |
| Jan 1, 2006 | First Commonwealth Trust Company | First Commonwealth Bank |
| Jan 1, 2006 | First Savings Bank, F.S.B. | Landmark National Bank |
| Jan 1, 2006 | The Hawarden Banking Company | First State Associates, Inc. |
| Jan 1, 2006 | Bergen Commercial Bank | Greater Community Bank |
| Jan 1, 2006 | First Commonwealth Systems Corporation | First Commonwealth Bank |
| Jan 1, 2006 | Bba, Inc. | Limestone Bancorp, Inc |
| Jan 1, 2006 | Mammoth Bancorp, Inc. | Limestone Bancorp, Inc |
| Jan 1, 2006 | Stone City Bancshares, Inc. | German American Bancorp, Inc. |
| Jan 1, 2006 | West Alabama Bancshares, Inc. | West Alabama Capital Corp. |
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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