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 |
|---|---|---|
| Feb 16, 2008 | Kearney State Bank and Trust Company | Farmers and Merchants Bank |
| Feb 15, 2008 | First National Bank of Colorado | First National Bank |
| Feb 15, 2008 | Union Colony Bank | First National Bank |
| Feb 9, 2008 | Mills County Bank National Association | First National Bank of Omaha |
| Feb 9, 2008 | Heritage Bank | Old Second National Bank |
| Feb 9, 2008 | Southern State Bank | Farmers Bank & Trust Company |
| Feb 9, 2008 | Heritagebanc, Inc. | Old Second Bancorp, Inc. |
| Feb 9, 2008 | Midamerica Bank, FSB | National City Bank |
| Feb 8, 2008 | Odebolt State Bank | First State Bank |
| Feb 2, 2008 | The Hernando County Bank | Brannen Bank |
| Feb 2, 2008 | KNBT Bancorp Inc. | National Penn Bancshares, Inc. |
| Feb 2, 2008 | First Mutual Bancshares, Inc. | WaFd, Inc. |
| Feb 2, 2008 | Keystone Nazareth Bank & Trust Company | National Penn Bank |
| Feb 2, 2008 | Dunnellon State Bank | Brannen Bank |
| Feb 2, 2008 | First Indiana Bank, National Association | M&I Marshall and Ilsley Bank |
| Feb 2, 2008 | Homosassa Springs Bank | Brannen Bank |
| Feb 2, 2008 | First Mutual Bank | WaFd Bank |
| Feb 2, 2008 | First Bank | Citizens State Bank |
| Feb 2, 2008 | Crystal River Bank | Brannen Bank |
| Feb 1, 2008 | Member's Choice Credit Union | Alliance Catholic Credit Union |
| Feb 1, 2008 | Boardwalk Bank | Cape Bank |
| Feb 1, 2008 | Carolina National Corporation | First National Bancshares, Inc. |
| Feb 1, 2008 | Sov Trust Manager Co. | Santander Bank, N.A. |
| Feb 1, 2008 | The First National Bank of Centerville | Community First Bank & Trust |
| Feb 1, 2008 | Ccacc Federal Credit Union | Energy Federal Credit Union |
| Feb 1, 2008 | The Valley State Bank | The Mission Bank |
| Feb 1, 2008 | United Community Bank | United Community Bank |
| Feb 1, 2008 | Hopewell Joint School Employees Federal Credit Union | Clearview Federal Credit Union |
| Feb 1, 2008 | Commerce Federal Credit Union | E-Central Credit Union |
| Jan 31, 2008 | Woodriver Banco, Inc. | First Central Nebraska Co. |
| Jan 31, 2008 | T H D District 13 Credit Union | Texas Dow Employees Credit Union |
| Jan 31, 2008 | The Farmers Bank | Nebraska State Bank and Trust Company |
| Jan 31, 2008 | Nassau Federal Credit Union | Credit Union of New Jersey |
| Jan 30, 2008 | St. Brigids Parishioner Fcu | Western New York Federal Credit Union |
| Jan 28, 2008 | Virgin Islands Community Bank | FirstBank Puerto Rico |
| Jan 26, 2008 | Stockmans Financial Group | Premierwest Bancorp |
| Jan 26, 2008 | Stockmans Bank | PremierWest Bank |
| Jan 26, 2008 | (unnamed) | First Security Bank |
| Jan 18, 2008 | Union State Bank | KeyBank N.A. |
| Jan 15, 2008 | Mellon Private Trust Company, N.A. | BNY Mellon, N.A. |
| Jan 15, 2008 | Mellon Trust of Delaware, N.A. | BNY Mellon Trust of Delaware |
| Jan 14, 2008 | DNB Delaware Financial Corporation | DNB Bancshares, Inc. |
| Jan 12, 2008 | Dairyman's State Bank | First National Bank |
| Jan 12, 2008 | First Presidio Bank | The Big Bend Banks, N.A. dba Marfa National Bank |
| Jan 11, 2008 | Bank of St. Edward | Cornerstone Bank |
| Jan 11, 2008 | Farmers State Bank | Peoples Bank |
| Jan 9, 2008 | BGC Bancorp, Inc. | Longview Capital Corporation |
| Jan 9, 2008 | Louisiana National Guard Federal Credit Union | Eagle Louisiana Federal Credit Union |
| Jan 5, 2008 | Primary Hospital Credit Union | Health Care Credit Union |
| Jan 3, 2008 | Union Trust Company | Camden National Bank |
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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