Mergers by Year
Bank Mergers in 2016
263 banks were acquired or merged into another institution in 2016, and 221 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 655 merger records in 2016 against 766 in 2015.
Largest bank mergers of 2016
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Dec 20, 2016 | Little River Bank | — | First Community Bank |
| Dec 17, 2016 | Security First Bank | — | Suncrest Bank |
| Dec 17, 2016 | First State Bank of Okabena (Incorporated) | — | Currie State Bank |
| Dec 15, 2016 | American Patriot Bank | — | Apex Bank |
| Dec 4, 2016 | Bancroft State Bank | — | The Portage County Bank |
| Dec 3, 2016 | American Trust Bank of East Tennessee | — | Citizens Bank |
| Dec 3, 2016 | First Choice Bank | — | Berkshire Bank |
| Dec 3, 2016 | Livingston State Bank | — | Community First Bank |
| Dec 3, 2016 | CSB Bank | — | Lakestone Bank & Trust |
| Dec 1, 2016 | TruBank | — | Trubank |
| Dec 1, 2016 | Acadia Trust, N.A. | — | Camden National Bank |
| Dec 1, 2016 | Ocean City Home Bank | — | OceanFirst Bank, N.A. |
| Nov 19, 2016 | First Community Bank | — | St. Charles Bank & Trust Company, N.A. |
| Nov 19, 2016 | Delta Bank, National Association | — | Farmers & Merchants Bank of Central California |
| Nov 15, 2016 | Bank of Keystone | — | Sandhills State Bank |
Credit union mergers in 2016
221 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2016.
Every merger recorded in 2016
655 NIC merger records in 2016 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 31, 2016 | City of Raleigh Employees Credit Union | Civic Federal Credit Union |
| Dec 29, 2016 | MBFS Holdings, Inc. | Plaza Bank |
| Dec 23, 2016 | MLHM, Inc. | Bana Holding Corporation |
| Dec 20, 2016 | Little River Bank | First Community Bank |
| Dec 17, 2016 | First State Bank of Okabena (Incorporated) | Currie State Bank |
| Dec 17, 2016 | Security First Bank | Suncrest Bank |
| Dec 17, 2016 | Bank Computer Services, Inc. | Citizens State Bank of New Castle |
| Dec 15, 2016 | American Patriot Bank | Apex Bank |
| Dec 14, 2016 | Pacoe Federal Credit Union | PRR South Fork Federal Credit Union |
| Dec 14, 2016 | Salt Creek Credit Union | Vibrant Credit Union |
| Dec 10, 2016 | (unnamed) | Blue Ridge Bank, N.A. |
| Dec 6, 2016 | Happy Bancshares of Delaware, Inc. | Happy Bancshares, Inc. |
| Dec 6, 2016 | Rudolph Bancshares, Inc. | First State Bancshares, Inc. |
| Dec 5, 2016 | Wesley Ame Zion Federal Credit Union | Northwood Federal Credit Union |
| Dec 4, 2016 | Bancroft State Bank | The Portage County Bank |
| Dec 3, 2016 | CSB Bank | Lakestone Bank & Trust |
| Dec 3, 2016 | First Choice Bank | Berkshire Bank |
| Dec 3, 2016 | American Trust Bank of East Tennessee | Citizens Bank |
| Dec 3, 2016 | Livingston State Bank | Community First Bank |
| Dec 1, 2016 | IT&S of Iowa, Inc. | Community Bancshares Corp. |
| Dec 1, 2016 | Ocean Shore Holding Company | OceanFirst Financial Corp. |
| Dec 1, 2016 | Acadia Trust, N.A. | Camden National Bank |
| Dec 1, 2016 | West Coast Federal Credit Union | Ficare Federal Credit Union |
| Dec 1, 2016 | Grocers Supply Employee Credit Union | Texas Bay Credit Union |
| Dec 1, 2016 | Pointe Coupee Education Association Federal Credit Union | Essential Credit Union |
| Dec 1, 2016 | Berea Credit Union, Inc. | Park Federal Credit Union dba Park Community Credit Union |
| Dec 1, 2016 | Fiscal Credit Union | Unify Financial Federal Credit Union |
| Dec 1, 2016 | Desert Medical Federal Credit Union | Credit Union West |
| Dec 1, 2016 | TruBank | Trubank |
| Dec 1, 2016 | Ocean City Home Bank | OceanFirst Bank, N.A. |
| Nov 30, 2016 | Avon Bancshares, Inc. | American Heritage Holding Company |
| Nov 27, 2016 | Ecai Federal Credit Union | Northwood Federal Credit Union |
| Nov 27, 2016 | C.B.C. Federal Credit Union | Northwood Federal Credit Union |
| Nov 27, 2016 | Bright Hope Federal Credit Union | Northwood Federal Credit Union |
| Nov 23, 2016 | Banco Harlan, Inc. | Monticello Bankshares, Inc. |
| Nov 22, 2016 | Randolph County School Employees Federal Credit Union | Home Federal Credit Union |
| Nov 19, 2016 | Delta National Bancorp | Farmers & Merchants Bancorp |
| Nov 19, 2016 | First Community Financial Corporation | Wintrust Financial Corporation |
| Nov 19, 2016 | First Community Bank | St. Charles Bank & Trust Company, N.A. |
| Nov 19, 2016 | Delta Bank, National Association | Farmers & Merchants Bank of Central California |
| Nov 15, 2016 | Bank of Keystone | Sandhills State Bank |
| Nov 15, 2016 | So-Val Tel Federal Credit Union | Educational Employees Credit Union |
| Nov 12, 2016 | Marine Bank and Trust | United Community Bank |
| Nov 12, 2016 | Brown County State Bank | United Community Bank |
| Nov 11, 2016 | Wilburton State Bank | First National Bank & Trust Company of McAlester |
| Nov 11, 2016 | New England Bancorp Inc | Independent Bank Corp. |
| Nov 11, 2016 | Independence Bank of Georgia | Vallant Bank |
| Nov 11, 2016 | Talmer Bank and Trust | Chemical Bank |
| Nov 11, 2016 | Bank of Cape Cod | Rockland Trust Company |
| Nov 11, 2016 | Community First Bancshares, Inc. | Equity Bancshares, Inc. |
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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