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 |
|---|---|---|
| Oct 1, 2006 | State Farm Northeast Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | State Farm Southern Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Citibank Texas, National Association | Citibank, N.A. |
| Oct 1, 2006 | C.P. Burnett & Sons, Inc. | Midwest Community Bancshares, Inc. |
| Oct 1, 2006 | Citizens Development Company | Glacier Bancorp, Inc. |
| Oct 1, 2006 | Firstier Bancorp I | Firstier Bancorp |
| Oct 1, 2006 | Embeco Credit Union | Premier Source Credit Union |
| Oct 1, 2006 | Citizens State Bank | German American Bank |
| Oct 1, 2006 | State Farm Central Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Michigan Federal Credit Union | Tri-Pointe Community Credit Union |
| Oct 1, 2006 | Tri Valley Community Federal Credit Union | Vocal Credit Union |
| Oct 1, 2006 | State Farm Great Western Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Se Family Federal Credit Union | Freedom Credit Union |
| Oct 1, 2006 | Cal-Cen Federal Credit Union | Carepoint Federal Credit Union |
| Oct 1, 2006 | Home Building Savings Bank, F.S.B. | First Federal Savings Bank |
| Oct 1, 2006 | State Farm Heartland Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Elevator Employees Federal Credit Union | Glass City Federal Credit Union |
| Oct 1, 2006 | United Federal Credit Union | United Federal Credit Union |
| Oct 1, 2006 | State Farm Texas Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Peoples Bank | German American Bank |
| Oct 1, 2006 | Lever United Community Credit Union | Municipal Employees Credit Union of Baltimore, Inc |
| Oct 1, 2006 | Littelfuse Employees Credit Union | Vamco Credit Union |
| Oct 1, 2006 | First National Bank of Wiggins | The First Bank |
| Oct 1, 2006 | Eastern Credit Union, Inc. | Golden Circle Credit Union, Inc. |
| Oct 1, 2006 | State Farm California Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Greater Houston Federal Credit Union | Houston Federal Credit Union |
| Oct 1, 2006 | Sourceone Federal Credit Union | Firefly Federal Credit Union |
| Oct 1, 2006 | C. P. Burnett & Sons, Bankers | First Southern Bank |
| Oct 1, 2006 | Brecksville School Employees Credit Union | Emerald Credit Union, Inc. |
| Oct 1, 2006 | Citicorp Trust, National Association | Citibank, N.A. |
| Oct 1, 2006 | State Farm Pacific Northwest Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | First American Bank | German American Bank |
| Oct 1, 2006 | Members First Federal Credit Union | Transcend Credit Union |
| Oct 1, 2006 | State Farm Mid-Atlantic Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | South Omaha Federal Credit Union | Centris Federal Credit Union |
| Oct 1, 2006 | Charles River Federal Credit Union | First Technology Federal Credit Union |
| Oct 1, 2006 | North Central West Virginia Ibew Federal Credit Union | Morgantown a E S Federal Credit Union |
| Oct 1, 2006 | Citibank (Delaware) | Citibank, N.A. |
| Oct 1, 2006 | Citibank (Nevada), National Association | Citibank (South Dakota), N.A. |
| Oct 1, 2006 | Mercy Health Center Federal Credit Union | The Focus Federal Credit Union |
| Oct 1, 2006 | Rochester Gauges Federal Credit Union | Mobility Credit Union |
| Oct 1, 2006 | South Coast Community Federal Credit Union | Wescom Central Credit Union |
| Oct 1, 2006 | Gateway Credit Union | Westerra Credit Union |
| Oct 1, 2006 | State Farm Florida Reg Office Federal Credit Union | State Farm Federal Credit Union |
| Oct 1, 2006 | Merit Federal Credit Union | Tri Boro Federal Credit Union |
| Oct 1, 2006 | Saint Lucie Community Credit Union | Guardians Credit Union |
| Oct 1, 2006 | Pan Am Horizons Federal Credit Union | Power Financial Credit Union |
| Oct 1, 2006 | Hillcrest Community Credit Union | Cardinal Credit Union, Inc. |
| Oct 1, 2006 | Oregon Independent Federal Credit Union | Oregonians Credit Union |
| Oct 1, 2006 | Inland Counties Postal Credit Union | Priority One 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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