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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.

263
Banks acquired
3 bought by a credit union
221
Credit unions merged
NIC, credit unions as the acquired side
133
Holding companies
Bank holding companies merged
655
All merger records
2016 in US banking ›

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 State Assets Acquirer
Dec 20, 2016 Little River Bank AR — First Community Bank
Dec 17, 2016 Security First Bank CA — Suncrest Bank
Dec 17, 2016 First State Bank of Okabena (Incorporated) MN — Currie State Bank
Dec 15, 2016 American Patriot Bank TN — Apex Bank
Dec 4, 2016 Bancroft State Bank WI — The Portage County Bank
Dec 3, 2016 American Trust Bank of East Tennessee TN — Citizens Bank
Dec 3, 2016 First Choice Bank NJ — Berkshire Bank
Dec 3, 2016 Livingston State Bank WI — Community First Bank
Dec 3, 2016 CSB Bank MI — Lakestone Bank & Trust
Dec 1, 2016 TruBank IA — Trubank
Dec 1, 2016 Acadia Trust, N.A. ME — Camden National Bank
Dec 1, 2016 Ocean City Home Bank NJ — OceanFirst Bank, N.A.
Nov 19, 2016 First Community Bank IL — St. Charles Bank & Trust Company, N.A.
Nov 19, 2016 Delta Bank, National Association CA — Farmers & Merchants Bank of Central California
Nov 15, 2016 Bank of Keystone NE — Sandhills State Bank

Biggest bank failures by assets ›

Credit union mergers in 2016

221 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2016.

Effective Merged credit union State Surviving institution
Nov 1, 2016 Anchor Seven Federal Credit Union FL Vystar Credit Union
Nov 1, 2016 Indiana United Methodist Federal Credit Union IN Christian Family Credit Union, Inc.
Nov 1, 2016 High Plains Federal Credit Union NM Pentagon Federal Credit Union
Nov 1, 2016 Warden Captree Federal Credit Union NY Consumers Federal Credit Union
Nov 1, 2016 All Seasons Federal Credit Union IN Indiana Members Credit Union
Nov 1, 2016 Beech Island Credit Union SC Peach State Federal Credit Union
Nov 1, 2016 Deluxe Laboratories Federal Credit Union CA Gain Federal Credit Union
Oct 31, 2016 Bip Federal Credit Union NC Members Credit Union
Oct 28, 2016 Bergen Federal Credit Union NJ Public Service Federal Credit Union
Oct 26, 2016 Our Lady of Victory Institut Federal Credit Union NY Erie Metro Federal Credit Union
Oct 22, 2016 Manistee Federal Credit Union MI Wmcu Credit Union
Oct 18, 2016 Renaissance Community Development Credit Union NJ Affinity Federal Credit Union
Oct 3, 2016 Ryder System Federal Credit Union FL Power Financial Credit Union
Oct 1, 2016 Tidewater Dominion Employees Federal Credit Union VA N a E Federal Credit Union
Oct 1, 2016 Mount Saint Marys Hospital Federal Credit Union NY Cornerstone Community Federal Credit Union
Oct 1, 2016 United Vip Credit Union MI Ignite Credit Union
Oct 1, 2016 Cheshire Health Federal Credit Union NH Service Federal Credit Union
Oct 1, 2016 Quinnipiac Valley Community Federal Credit Union CT Membersfirst CT Federal Credit Union
Oct 1, 2016 Ecolab Credit Union MN Blaze Credit Union
Oct 1, 2016 Sacred Heart of Corpus Christi Federal Credit Union PA Alcose Credit Union
Oct 1, 2016 Health Associates Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Oct 1, 2016 Seaboard Gateway Federal Credit Union IN Liberty Federal Credit Union
Oct 1, 2016 Clearwater Credit Union ID Lewis Clark Credit Union
Oct 1, 2016 Lehigh Valley Federal Credit Union PA People First Federal Credit Union
Oct 1, 2016 Chaco Credit Union, Inc. OH Telhio Credit Union, Inc.

Credit union directory ›

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 State Acquirer
Feb 20, 2016 Simmons First Trust Company, N.A. AR Simmons Bank
Feb 13, 2016 Metro Bancorp, Inc. PA F.N.B. Corporation
Feb 13, 2016 Metro Bank PA First National Bank of Pennsylvania
Feb 6, 2016 Centennial Bank CO HTLF Bank
Feb 6, 2016 Cic Bancshares, Inc. CO Heartland Financial USA, Inc.
Feb 6, 2016 First Community Bank, Missouri MO Sterling Bank
Feb 2, 2016 The Queen's Federal Credit Union HI Hawaii Central Federal Credit Union
Feb 2, 2016 Walworth State Bank WI The First National Bank and Trust Company
Feb 1, 2016 Security California Bancorp CA Pacific Premier Bancorp, Inc.
Feb 1, 2016 Security Bank of California CA Pacific Premier Bank, National Association
Feb 1, 2016 Covenant Financial Corporation MS Planters Holding Company
Feb 1, 2016 Orange County Business Bank CA HomeStreet Bank
Feb 1, 2016 Covenant Bank MS Planters Bank & Trust Company
Feb 1, 2016 Heritage Bankshares, Inc. VA Southern Bancshares (N.C.), Inc.
Feb 1, 2016 Heritage Bank VA Southern Bank and Trust Company
Feb 1, 2016 Bridgeway Federal Credit Union NY Mid-Hudson Valley Federal Credit Union
Feb 1, 2016 Chestnut Run Federal Credit Union DE Louviers Federal Credit Union
Feb 1, 2016 1st Select Federal Credit Union KY Veritas Federal Credit Union
Feb 1, 2016 Ilwu-FSC Federal Credit Union CA I.L.W.U. Federal Credit Union
Feb 1, 2016 First Baptist Church Credit Union NJ The Atlantic Federal Credit Union
Feb 1, 2016 Robbins & Myers Employees Federal Credit Union OH Ih Credit Union, Inc
Feb 1, 2016 Allen Ame Federal Credit Union PA Forge Federal Credit Union
Feb 1, 2016 McMillen Master Credit Union IL Credit Union 1
Feb 1, 2016 Wickliffe Paper Mill Federal Credit Union KY Signet Federal Credit Union
Feb 1, 2016 Port Ivory Federal Credit Union NJ New Brunswick Postal Federal Credit Union
Feb 1, 2016 Northern Piedmont Federal Credit Union VA University of Virginia Community Credit Union, Inc.
Feb 1, 2016 Focus Credit Union FL Envision Credit Union
Feb 1, 2016 Pegasus Community Credit Union TX Neighborhood Credit Union
Feb 1, 2016 Fort Gordon and Community Credit Union GA Pentagon Federal Credit Union
Jan 31, 2016 Alloy Scottdale Federal Credit Union PA Usx Federal Credit Union
Jan 31, 2016 Countywide Federal Credit Union OH Day Air Credit Union, Inc.
Jan 31, 2016 Millwrights/pile Drivers of Pittsburgh Federal Credit Union PA Usx Federal Credit Union
Jan 31, 2016 Montgomery County Credit Union, Inc. OH Bridge Credit Union Inc.
Jan 30, 2016 Flowers National Bank MO Farmers Bank of Northern Missouri
Jan 29, 2016 First Mountain Bank CA Premier Business Bank
Jan 25, 2016 Defense Contracts South Federal Credit Union TX America's Credit Union
Jan 22, 2016 Sheridan State Bank IL The Granville National Bank
Jan 16, 2016 Tacet Mortgage, Inc. MN American Bank of the North
Jan 16, 2016 First National Bankshares Corporation WV Premier Financial Bancorp, Inc.
Jan 16, 2016 Beacon Bank MN Alerus Financial, N.A.
Jan 16, 2016 Naugatuck Valley Savings and Loan CT Liberty Bank
Jan 13, 2016 Farmers and Merchants State Bank MN Perennial Bank
Jan 13, 2016 Winthrop State Bank MN Perennial Bank
Jan 9, 2016 Eureka Financial Corporation PA NexTier Incorporated
Jan 9, 2016 Alliance Banking Company KY Citizens Bank of Kentucky, Inc
Jan 9, 2016 Hopewell Valley Community Bank NJ Northfield Bank
Jan 9, 2016 Eureka Bank PA NexTier Bank, N.A.
Jan 8, 2016 Pascack Bancorp, Inc. NJ Lakeland Bancorp, Inc.
Jan 8, 2016 Pascack Community Bank NJ Lakeland Bank
Jan 8, 2016 Pittston Area School Employees Federal Credit Union PA Ufcw Community Federal Credit Union

Bank mergers by year

·

Year Merger records
2026 360
2025 433
2024 314
2023 363
2022 432
2021 437
2020 437
2019 547
2018 643
2017 608
2016 655
2015 766

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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