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 |
|---|---|---|
| Mar 14, 2008 | Midwestone Financial Group, Inc | Midwestone Financial Group, Inc. |
| Mar 13, 2008 | State National Bank | BBVA USA |
| Mar 13, 2008 | Texas State Bank | BBVA USA |
| Mar 13, 2008 | The Laredo National Bank | BBVA USA |
| Mar 11, 2008 | Wichita Falls Financial Corporation | Wichita Falls Bancshares, Inc. |
| Mar 8, 2008 | Superior Savings of New England, National Association | Capital One, N.A. |
| Mar 8, 2008 | Security State Bank of Maple Lake | First Bank Elk River |
| Mar 8, 2008 | The Yardville National Bank | PNC Bank, N.A. |
| Mar 8, 2008 | First Community Bank | KleinBank |
| Mar 7, 2008 | Crowley Holding Company | Boc Holdings Corp. |
| Mar 7, 2008 | Kress Delaware National Bancshares, Inc. | Kress National Bancshares, Inc. |
| Mar 6, 2008 | South Alabama Holding Company, Inc. | Capstone Bancshares, Inc. |
| Mar 3, 2008 | M&H Employees Federal Credit Union | Aod Federal Credit Union |
| Mar 1, 2008 | Equitable Bank | 1st United Bank |
| Mar 1, 2008 | Prestige Community Bank | First Priority Bank |
| Mar 1, 2008 | Bancsouth Financial Corporation | Metropolitan Bancgroup, Inc. |
| Mar 1, 2008 | PrimeTrust Bank | Pinnacle Bank |
| Mar 1, 2008 | Bank of the South | Pinnacle Bank |
| Mar 1, 2008 | Equitable Financial Group, Inc. | 1st United Bancorp, Inc. |
| Mar 1, 2008 | Slade's Ferry Bancorp | Independent Bank Corp. |
| Mar 1, 2008 | Peoples Bankshares, Inc. | Lakeside Bank Holding Company |
| Mar 1, 2008 | NFG Employees Federal Credit Union | Widget Federal Credit Union |
| Mar 1, 2008 | Peoples Bank and Trust | Cornerstone Bank |
| Mar 1, 2008 | Department of Highway Safety & Motor Vehicle Credit Union | First Florida Credit Union |
| Mar 1, 2008 | Rite Aid Employee Credit Union | Pennsylvania State Employees Cu |
| Mar 1, 2008 | 1st Garland Community Federal Credit Union | America's Credit Union |
| Mar 1, 2008 | Government Service Credit Union | Port Arthur Community Federal Credit Union |
| Mar 1, 2008 | Slade's Ferry Trust Company | Rockland Trust Company |
| Mar 1, 2008 | Deutsche Bank Florida, N.A. | Deutsche Bank Trust Company, N.A. |
| Mar 1, 2008 | The First State Bank of Thornton, Iowa | First State Bank |
| Mar 1, 2008 | First Bank and Trust | Dairy State Bank |
| Feb 29, 2008 | The First National Bank of Santo | The Comanche National Bank |
| Feb 29, 2008 | Investors Trust Company | State Street Trust Company |
| Feb 29, 2008 | Progress Bank of Missouri | First State Community Bank |
| Feb 29, 2008 | Firstperryton Delaware, Inc. | Firstperryton Bancorp, Inc. |
| Feb 29, 2008 | Fayetteville Observer-Times Credit Union | Members Credit Union |
| Feb 29, 2008 | Local 98 Ibew Federal Credit Union | Trumark Credit Union |
| Feb 28, 2008 | FNB Corporation | Stellarone Corporation |
| Feb 28, 2008 | Csae Federal Credit Union | Bethex Federal Credit Union |
| Feb 26, 2008 | Mid-Coast Land Company | Rabobank, N.A. |
| Feb 26, 2008 | MSB Properties, Inc. | Rabobank, N.A. |
| Feb 23, 2008 | Alabama National Bancorporation | RBC Bancorporation (USA) |
| Feb 23, 2008 | Citizens National Bank | The American National Bank of Texas |
| Feb 22, 2008 | United States Trust Company , National Association | Bank of America, N.A. |
| Feb 19, 2008 | Carolina National Bank and Trust Company | First National Bank of the South |
| Feb 16, 2008 | First & Farmers Bank, Inc. | First & Farmers National Bank, Inc. |
| Feb 16, 2008 | Greater Buffalo Savings Bank | First Niagara Bank, N.A. |
| Feb 16, 2008 | First National Bancorp of Columbia, Inc. | Albany Bancorp, Inc. |
| Feb 16, 2008 | City National Bank | Austin Bank, Texas N.A. |
| Feb 16, 2008 | Worth National Bank | Bank of Texas. National Association |
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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