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
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 |
|---|---|---|
| Oct 1, 2016 | First National Bank | Citizens State Bank |
| Oct 1, 2016 | Arkansas Valley Federal Credit Union | Fellowship Credit Union |
| Oct 1, 2016 | The Heritage Federal Credit Union | Rocky Mountain Credit Union |
| Oct 1, 2016 | Howard County Employees Federal Credit Union | Complex Community Federal Credit Union |
| Oct 1, 2016 | Polk County Schools Employees Credit Union | Serve Credit Union |
| Oct 1, 2016 | Printing Office Employees Credit Union | Pasadena Service Federal Credit Union |
| Oct 1, 2016 | Chicopee Municipal Employees Credit Union | Polish National Credit Union |
| Oct 1, 2016 | Blue Cross Blue Shield K C Credit Union | United Consumers Credit Union |
| Oct 1, 2016 | Rpi Employees Federal Credit Union | NY Firefighters Bravest Federal Credit Union |
| Oct 1, 2016 | Pittsburgh Central Federal Credit Union | Chrome Federal Credit Union |
| Sep 30, 2016 | Southern Heritage Bank | First Citizens National Bank |
| Sep 30, 2016 | The State Bank of Hildreth | Cornerstone Bank |
| Sep 24, 2016 | First State Bancorp, Inc. | Woodson Bancshares, Inc. |
| Sep 21, 2016 | Farmers State Bank | Chambers State Bank |
| Sep 19, 2016 | Central Credit Union, Inc | Pathways Financial Credit Union, Inc. |
| Sep 17, 2016 | Keokuk Savings Bank and Trust Company | Connection Bank |
| Sep 17, 2016 | Home Savings Bank | Legends Bank |
| Sep 17, 2016 | The First National Bank of Emory | Commercial Bank of Texas, N.A. |
| Sep 16, 2016 | Regent Bank | Stonegate Bank |
| Sep 13, 2016 | Capac Bancorp, Inc. | County Bank Corp |
| Sep 10, 2016 | Bloomburg State Bank | The First National Bank of Hughes Springs |
| Sep 10, 2016 | SCSB Real Estate Holdings, LLC | WesBanco Bank, Inc. |
| Sep 10, 2016 | YCB Real Estate Holdings LLC | WesBanco Bank, Inc. |
| Sep 10, 2016 | Your Community Bankshares, Inc. | WesBanco, Inc. |
| Sep 10, 2016 | Kenosha Postal Employees Credit Union | Trustone Financial Credit Union |
| Sep 10, 2016 | Paragon Bank | Peoples State Bank of Wells |
| Sep 10, 2016 | American Bank | National Exchange Bank and Trust |
| Sep 10, 2016 | Prosper Bank | Texas Bank |
| Sep 10, 2016 | Your Community Bank | WesBanco Bank, Inc. |
| Sep 9, 2016 | Home State Bancorp | Guaranty Bancorp |
| Sep 9, 2016 | First Clover Leaf Financial Corp | First Mid Bancshares, Inc. |
| Sep 9, 2016 | The Home State Bank | Guaranty Bank and Trust Company |
| Sep 7, 2016 | Foundation Bancorp, Inc. | Pacific Continental Corporation |
| Sep 7, 2016 | Foundation Bank | Pacific Continental Bank |
| Sep 3, 2016 | Alta Vista Bancshares, Inc. | Farmers and Drovers Financial Corp |
| Sep 3, 2016 | The Alta Vista State Bank | Farmers and Drovers Bank |
| Sep 2, 2016 | Bridgeview Bank Mortgage Company, LLC | Bridgeview Bank Group |
| Sep 2, 2016 | Wilmington Trust Fiduciary Services Company | Wilmington Trust, N.A. |
| Sep 1, 2016 | Cory Methodist Church Credit Union, Inc. | Eaton Family Credit Union |
| Sep 1, 2016 | Cordia Bancorp, Inc. | First-Citizens Bank & Trust Company |
| Sep 1, 2016 | Talmer Bancorp Inc. | TCF Financial Corporation |
| Sep 1, 2016 | Treasure State Bank | Glacier Bank |
| Sep 1, 2016 | Cbin Subsidiary, Inc. | Your Community Bankshares, Inc. |
| Sep 1, 2016 | Bank of Virginia | First-Citizens Bank & Trust Company |
| Sep 1, 2016 | South Central Texas Commercial Corporation | Round Top Bancshares, Inc. |
| Sep 1, 2016 | Investors Independent Trust Company | Midwest Trust Company |
| Sep 1, 2016 | Peoples State Bank & Trust | Pineland Bank |
| Sep 1, 2016 | Jefferson County Public Employees Credit Union | Connections Credit Union |
| Sep 1, 2016 | Family Federal Credit Union | Self-Help Federal Credit Union |
| Sep 1, 2016 | Pineland State Bank | Pineland 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.
Explore: all mergers · 2016 bank events · browse by acquirer · bank failures · all events