Mergers by Year
Bank Mergers in 2008
The Federal Reserve's National Information Center (NIC) recorded 804 merger records involving a bank, credit union or bank holding company in 2008. 299 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 810 in 2007.
Largest bank mergers of 2008
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2008 | Liberty Bank | — | USAmeriBank |
| Dec 31, 2008 | First Bank and Trust of Mississippi | — | First Bank and Trust |
| Dec 31, 2008 | Paramount Bank | — | Paramount Bank |
| Dec 31, 2008 | Peoples Bank of Louisiana | — | First Bank and Trust |
| Dec 30, 2008 | Farmers and Merchants Bank | — | First Southern State Bank |
| Dec 30, 2008 | New England Trust Company, N.A. | — | National City Bank |
| Dec 20, 2008 | HSBC National Bank USA | — | HSBC Bank USA, N.A. |
| Dec 19, 2008 | Community Bank & Trust Company Retained Charter | — | Central Bank of Oklahoma |
| Dec 17, 2008 | Banco Popular, N.A. | — | Popular North America, Inc. |
| Dec 15, 2008 | First Mountain Bank | — | The First National Bank of Hugo |
| Dec 13, 2008 | Charleston Federal Savings and Loan Association | — | First Federal Savings and Loan Association of Central Illinois, S.B. |
| Dec 13, 2008 | Vanguard Bank & Trust Company | — | Coastal Bank and Trust of Florida |
| Dec 13, 2008 | State Bank of Colusa | — | Fortress Bank |
| Dec 6, 2008 | State Bank of Withee | — | Forward Bank |
| Dec 6, 2008 | The Citizens Bank | — | Bank Independent |
Every merger recorded in 2008
804 NIC merger records in 2008 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| May 31, 2008 | Educational Community Credit Union | Mountaincrest Credit Union |
| May 31, 2008 | Life Credit Union | Heartland Credit Union |
| May 31, 2008 | Solimar Federal Credit Union | Puerto Rico Federal Credit Union |
| May 31, 2008 | Salmon Falls Community Credit Union | Service Federal Credit Union |
| May 31, 2008 | Bank of America Trust Company of Delaware, N.A. | U.S. Trust Company of Delaware |
| May 31, 2008 | Riverview Federal Credit Union | Gardiner Federal Credit Union |
| May 31, 2008 | Jones County Bank | United Central Bank |
| May 30, 2008 | Plains Bancorp Delaware, Inc. | Plains Bancorp, Inc. |
| May 30, 2008 | Ustrust Technology and Support Services, Inc. | Bank of America, N.A. |
| May 24, 2008 | Virginia Commonwealth Trust Company | StellarOne Bank |
| May 24, 2008 | (unnamed) | StellarOne Bank |
| May 24, 2008 | Planters Bank & Trust Company of Virginia | StellarOne Bank |
| May 23, 2008 | 1st Choice Bancorp of Delaware, Inc. | 1st Choice Bancorp, Inc. |
| May 23, 2008 | Plains Bancshares, Inc. | Plains Acquisition Corporation |
| May 23, 2008 | Plains State Financial Corporation | Plains Acquisition Corporation |
| May 20, 2008 | Menard Delaware Bancshares, Inc. | Menard Bancshares, Inc. |
| May 20, 2008 | The First National Bank of Mt. Auburn | First National Bank in Taylorville |
| May 19, 2008 | Great River Bank & Trust | Blackhawk Bank & Trust |
| May 17, 2008 | Inland Banking Acquisitions, Inc. | Inland Financial Acquisitions, Inc. |
| May 17, 2008 | Cambridge Bank | Inland Bank and Trust |
| May 17, 2008 | Inland Bank and Trust | Inland Bank and Trust |
| May 17, 2008 | Sentry Bank & Trust | First Bank |
| May 17, 2008 | NCFB Credit Union | Summit Credit Union |
| May 17, 2008 | First National Bank | Community National Bank & Trust of Texas |
| May 16, 2008 | Roxbury-Highland Co-operative Bank | Mt. Washington Co-operative Bank |
| May 16, 2008 | Firstbank - Lakeview | Firstbank |
| May 15, 2008 | City Bancshares of Delaware, Inc. | City Bancshares, Inc. |
| May 10, 2008 | Farmers Savings Bank & Trust-Vinton | Farmers Savings Bank & Trust |
| May 9, 2008 | The Bank Brevard | BankFIRST |
| May 9, 2008 | Sleepy Hollow Bank | Mahopac Bank |
| May 1, 2008 | Automotive Federal Credit Union | Community Driven Credit Union |
| May 1, 2008 | Traditions Federal Credit Union | Doco Credit Union |
| May 1, 2008 | Glacier Bank of Whitefish | Glacier Bank |
| May 1, 2008 | Winthrop Credit Union | Founders Federal Credit Union |
| May 1, 2008 | Salt Lake City Credit Union | Mountain America Federal Credit Union |
| May 1, 2008 | Saint Marys Hospital Employees Credit Union | Pioneer Credit Union |
| May 1, 2008 | Greater Miami Community Federal Credit Union | Abbey Credit Union, Inc. |
| May 1, 2008 | Georgia-Pacific Employees Federal Credit Union | Mountain America Federal Credit Union |
| May 1, 2008 | Fbi Delaware, Inc. | Farmersville Bancshares, Inc. |
| May 1, 2008 | GB&T Bancshares, Inc. | Suntrust Banks, Inc. |
| May 1, 2008 | Rio Bancshares Corporation | Big Bend Bancshares Corporation |
| May 1, 2008 | Oro Grande Federal Credit Union | Bourns Employees Federal Credit Union |
| May 1, 2008 | G F Employees Credit Union | Pennsylvania State Employees Cu |
| Apr 30, 2008 | Cleveland Coca-Cola Bottling Employees Credit Union, Inc. | Taleris Credit Union, Inc. |
| Apr 29, 2008 | Regent Bancshares, Inc. | Regent Capital Corporation |
| Apr 26, 2008 | Oak Hill Banks | WesBanco Bank, Inc. |
| Apr 26, 2008 | First Florida Bank | Synovus Bank |
| Apr 26, 2008 | Metcalf Bancshares, Inc. | First National Bancor, Inc. |
| Apr 26, 2008 | Horizon Bank | Valley Bank |
| Apr 26, 2008 | Metcalf Bank | Central Bank of the Midwest |
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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