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

Credit unions merged

NIC, credit unions as the acquired side

162

Holding companies

Bank holding companies merged

862

All merger records

2006 in US banking ›

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	State	Assets	Acquirer
Dec 31, 2006	First National Bank of Goliad	TX	—	American Bank, National Association
Dec 30, 2006	Patriot Bank, National Association	VA	—	Carter Bank & Trust
Dec 30, 2006	The First National Bank of Chelsea	OK	—	Lakeside State Bank
Dec 30, 2006	Peoples National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Patrick Henry National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	The Summit National Bank	GA	—	United Commercial Bank
Dec 30, 2006	Central National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	First Arkansas Valley Bank	AR	—	Liberty Bank of Arkansas
Dec 30, 2006	Community National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Unity Bank, National Association	MN	—	Unity Bank
Dec 30, 2006	First National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Unity Bank Central	MN	—	Unity Bank
Dec 30, 2006	Mountain National Bank	VA	—	Carter Bank & Trust
Dec 30, 2006	Blue Ridge Bank, National Association	VA	—	Carter Bank & Trust
Dec 30, 2006	Shenandoah National Bank	VA	—	Carter Bank & Trust

Biggest bank failures by assets ›

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	State	Acquirer
Dec 9, 2006	Summit Bancshares, Inc.	TX	Cullen/frost Bankers, Inc.
Dec 9, 2006	Bank of Thomas County	GA	Ameris Bank
Dec 9, 2006	Perpetual State Bank	OH	SKY Bank
Dec 9, 2006	FLAG Bank	GA	RBC Bank (USA)
Dec 9, 2006	Farmers State Bank	NE	Community First Bank
Dec 8, 2006	Territory Bank	OK	American Bank of Oklahoma
Dec 8, 2006	First Bartlesville Bank	OK	BancFirst
Dec 8, 2006	Local 74 Seiu Federal Credit Union	NY	Municipal Credit Union
Dec 8, 2006	First National Agency Company of Deer River Inc.	MN	Finlayson Bancshares, Inc.
Dec 8, 2006	Niagara Frontier State Employees Federal Credit Union	NY	Broadview Federal Credit Union
Dec 8, 2006	Valley Ridge Bank	MI	ChoiceOne Bank
Dec 5, 2006	Verona Bancshares, Limited	WI	Lake Ridge Bancorp, Inc.
Dec 5, 2006	Independent Bank	WI	Lake Ridge Bank
Dec 2, 2006	Anchor Bank Saint Paul	MN	Anchor Bank, National Association
Dec 2, 2006	1st Service Bank	VA	Primis Bank
Dec 2, 2006	Southern Bancorp, Inc.	GA	United Community Banks, Inc.
Dec 2, 2006	Southern National Bank	GA	United Community Bank
Dec 2, 2006	Onb Corporation	NY	Community Financial System, Inc.
Dec 2, 2006	First Security Bank, Underwood	ND	North Country Bank
Dec 2, 2006	The First National Bank of Deer River	MN	Northview Bank
Dec 2, 2006	Ontario National Bank	NY	Community Bank, N.A.
Dec 1, 2006	MarinerBank	WA	Kitsap Bank
Dec 1, 2006	Republic Bank & Trust Company of Indiana	IN	Republic Bank & Trust Company
Dec 1, 2006	American Church Trust Company	TX	Happy State Bank
Dec 1, 2006	Bank of Nichols Hills	OK	RCB Bank
Dec 1, 2006	BB&T Bancshares Corp.	IL	First Chicago Bancorp
Dec 1, 2006	Valley Financial Corp.	MI	Northstar Financial Group, Inc.
Dec 1, 2006	Bloomingdale Bank and Trust	IL	First Chicago Bank & Trust
Dec 1, 2006	Dupont Mining Employees Credit Union	FL	Florida Credit Union
Dec 1, 2006	First National Bank Holding Company, Inc.	WY	United Bancorporation of Wyoming, Inc.
Dec 1, 2006	North Fork Bancorporation, Inc.	NY	Capital One Financial Corporation
Dec 1, 2006	Bridesburg Federal Credit Union	PA	American Heritage Federal Credit Union
Dec 1, 2006	South Texas Healthcare Federal Credit Union	TX	United Texas Credit Union
Dec 1, 2006	Kehoe Boulevard Credit Union	IL	Northstar Credit Union
Dec 1, 2006	Kentucky Banking Centers, Inc.	KY	Citizens First Bank, Inc.
Dec 1, 2006	Greater Waterville Area Federal Credit Union	ME	Maine State Credit Union
Dec 1, 2006	Crobank Credit Union	MA	Workers Federal Credit Union
Dec 1, 2006	Media News Federal Credit Union	CA	Pasadena Federal Credit Union
Dec 1, 2006	Lomh Employees Federal Credit Union	VA	Prime Care Credit Union, Incorporated
Dec 1, 2006	Rexroth Employees Credit Union, Inc.	OH	Directions Credit Union
Dec 1, 2006	Henderson Postal Cu	NC	First Carolina People's Credit Union
Dec 1, 2006	Field Employees Federal Credit Union	KY	Liberty Federal Credit Union
Dec 1, 2006	St. Johns Credit Union	MO	Arsenal Credit Union
Dec 1, 2006	FirstBank Northwest	WA	Sterling Savings Bank
Dec 1, 2006	Nansemond Credit Union	VA	Abnb Federal Credit Union
Dec 1, 2006	Teachers Association of Teachers & Administration Federal Credit Union	MS	Brightview Federal Credit Union
Dec 1, 2006	Peoples Community Credit Union	MA	Workers Federal Credit Union
Nov 30, 2006	New York Municipal Bank	NY	New York Commercial Bank
Nov 25, 2006	State Bank of Streeter	ND	Dakota Heritage Bank
Nov 20, 2006	Greater Chicago Bank	IL	Shorebank

Bank mergers by year

← 2005 · 2007 →

Year	Merger records
2026	360
2025	433
2024	314
2023	363
2022	432
2021	437
2020	437
2019	547
2018	643
2017	608
2016	655
2015	766

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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