Mergers by Year
Bank Mergers in 2009
The Federal Reserve's National Information Center (NIC) recorded 566 merger records involving a bank, credit union or bank holding company in 2009. 193 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 804 in 2008.
Largest bank mergers of 2009
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2009 | Wells Fargo Delaware Trust Company | — | Wells Fargo Delaware Trust Company, N.A. |
| Dec 31, 2009 | The Community National Bank | — | The National Bank and Trust Company |
| Dec 28, 2009 | American Mutual Credit Union, Inc | — | Victory/piaterer Mutual Benefit Association Credit Union |
| Dec 15, 2009 | Sunrise Bank of Arizona | — | Sunrise Bank of Arizona |
| Dec 15, 2009 | Colonia Bank | — | Sunrise Bank of Arizona |
| Dec 15, 2009 | Arrowhead Community Bank | — | Sunrise Bank of Arizona |
| Dec 15, 2009 | Asian Bank of Arizona | — | Sunrise Bank of Arizona |
| Dec 12, 2009 | The First National Bank of Gilman | — | Prospect Bank |
| Dec 5, 2009 | MainSource Bank - Ohio | — | MainSource Bank |
| Dec 5, 2009 | Central Bank | — | First Farmers Bank & Trust Co. |
| Dec 1, 2009 | Trust Industrial Bank | — | Lincoln Trust Company |
| Dec 1, 2009 | Commonwealth National Bank | — | United Bank |
| Dec 1, 2009 | Citizens Bank in Loup City | — | Citizens Bank & Trust Company |
| Dec 1, 2009 | Central Bank | — | Citizens Bank & Trust Company |
| Nov 16, 2009 | Pilgrim Bank Texas | — | Pilgrim Bank |
Every merger recorded in 2009
566 NIC merger records in 2009 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Jan 1, 2009 | Edina Schools Credit Union | West Metro Schools Credit Union |
| Jan 1, 2009 | Spencer County Credit Union | Hoosier Hills Credit Union |
| Jan 1, 2009 | Rusk County Teachers Federal Credit Union | East Texas Professional Credit Union |
| Jan 1, 2009 | E C 2 Federal Credit Union | Erie Federal Credit Union |
| Jan 1, 2009 | Merrill Merchants Bank | People's United Bank, National Association |
| Jan 1, 2009 | Southeast Georgia Health System Federal Credit Union | Marshland Credit Union |
| Jan 1, 2009 | The Bank of Western Massachusetts | People's United Bank, National Association |
| Jan 1, 2009 | Nesquehoning Savings Bank | Jim Thorpe Neighborhood Bank |
| Jan 1, 2009 | Northeast Denver Federal Credit Union | Community Choice Credit Union |
| Jan 1, 2009 | American Savings Credit Union | Hope Federal Credit Union |
| Jan 1, 2009 | Halifax National Bank | Riverview Bank |
| Jan 1, 2009 | Ocean Bank | People's United Bank, National Association |
| Jan 1, 2009 | Federal Employees Credit Union | Federal Employees Credit Union |
| Jan 1, 2009 | Municipal Community Credit Union | Peoples Choice Credit Union |
| Jan 1, 2009 | Gautier Employees Federal Credit Union | Franklin Johnstown Federal Credit Union |
| Jan 1, 2009 | Burlington St. Louis Terminal Credit Union | Ubc 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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