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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
Oct 1, 2016 Arkansas Valley Federal Credit Union CO Fellowship Credit Union
Oct 1, 2016 The Heritage Federal Credit Union MT Rocky Mountain Credit Union
Oct 1, 2016 Howard County Employees Federal Credit Union TX Complex Community Federal Credit Union
Oct 1, 2016 Polk County Schools Employees Credit Union IA Serve Credit Union
Oct 1, 2016 Printing Office Employees Credit Union CA Pasadena Service Federal Credit Union
Oct 1, 2016 Chicopee Municipal Employees Credit Union MA Polish National Credit Union
Oct 1, 2016 Blue Cross Blue Shield K C Credit Union MO United Consumers Credit Union
Oct 1, 2016 Rpi Employees Federal Credit Union NY NY Firefighters Bravest Federal Credit Union
Oct 1, 2016 Pittsburgh Central Federal Credit Union PA Chrome Federal Credit Union
Sep 19, 2016 Central Credit Union, Inc OH Pathways Financial Credit Union, Inc.
Sep 10, 2016 Kenosha Postal Employees Credit Union WI Trustone Financial Credit Union
Sep 1, 2016 Cory Methodist Church Credit Union, Inc. OH Eaton Family Credit Union
Sep 1, 2016 Family Federal Credit Union CA Self-Help Federal Credit Union
Sep 1, 2016 Members 1st Community Federal Credit Union MS Statewide Federal Credit Union
Sep 1, 2016 Monessen School Employees Federal Credit Union PA Valley 1st Community Federal Credit Union
Sep 1, 2016 Florence Dupont Employees Federal Credit Union SC South Carolina Federal Credit Union
Sep 1, 2016 Jeff-Co Schools Federal Credit Union IL Kaskaskia Valley Credit Union
Sep 1, 2016 Trustus Federal Credit Union TX Texas Trust Credit Union
Sep 1, 2016 United Services Federal Credit Union OH Sun Federal Credit Union
Sep 1, 2016 Postmark Credit Union PA Xceed Financial Credit Union
Sep 1, 2016 Jefferson County Public Employees Credit Union ID Connections Credit Union
Aug 31, 2016 Saint Joseph Hospital Credit Union NH Triangle Credit Union
Aug 31, 2016 Central Hudson Employees Federal Credit Union NY Mid-Hudson Valley Federal Credit Union
Aug 22, 2016 Hurlbut Employees Federal Credit Union MA Greylock Federal Credit Union
Aug 15, 2016 Immanuel Baptist Church Federal Credit Union CT Unity Financial

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
Apr 23, 2016 The First Bank of Fairland OK The First National Bank and Trust Company of Miami
Apr 23, 2016 First Bank of Lincoln MT Citizens Alliance Bank
Apr 19, 2016 Rector Federal Credit Union PA American Heritage Federal Credit Union
Apr 18, 2016 National Bank of Tennessee TN Commercial Bank
Apr 16, 2016 Community Bank of the South GA CharterBank
Apr 16, 2016 CBS Financial Corporation GA Charter Financial Corporation
Apr 15, 2016 Conestoga Bank PA Beneficial Bank
Apr 15, 2016 First Express of Nebraska, Inc. NE Western States Bancorporation
Apr 11, 2016 Star Bank of Texas TX Community National Bank & Trust of Texas
Apr 10, 2016 Dexter Credit Union RI Navigant Credit Union
Apr 9, 2016 First Avenue National Bank FL CBC National Bank
Apr 9, 2016 Community Bank, National Association MO Security Bank of the Ozarks
Apr 9, 2016 Summersville Bancorporation, Inc. MO Eminence Bankshares, Inc.
Apr 2, 2016 Altoona Regional Health System Federal Credit Union PA Healthcare First Credit Union
Apr 2, 2016 National Penn Bank PA Truist Bank
Apr 2, 2016 National Penn Management Services, LLC PA Truist Bank
Apr 2, 2016 Central Bank MN MidWestOne Bank
Apr 2, 2016 National Penn Bancshares, Inc. PA Truist Financial Corporation
Apr 2, 2016 Electrical Workers Credit Union IL Revity Credit Union
Apr 1, 2016 Babbitt Steelworkers Credit Union MN Ely Area Credit Union
Apr 1, 2016 Hometown Community Bancorp Inc MA Hometown Financial Group, Inc
Apr 1, 2016 Hometown Community Bancorp MHC MA Hometown Financial Group MHC
Apr 1, 2016 Community First Bank NJ Regal Bank
Apr 1, 2016 KeyWorth Bank GA Renasant Bank
Apr 1, 2016 OldTown Bank NC Entegra Bank
Apr 1, 2016 Century Bank Corp. IN First Farmers Financial Corporation
Apr 1, 2016 Macon Water Works Credit Union GA Center Parc Credit Union
Apr 1, 2016 Montclair Postal Employees Credit Union NJ Proponent Federal Credit Union
Apr 1, 2016 Ruth Bank Corporation MI Eastern Michigan Financial Corporation
Apr 1, 2016 Town & Country Financial, Inc. KY First United Bancorp, Inc.
Apr 1, 2016 Great River Community Credit Union IL United Community Credit Union
Apr 1, 2016 Community Financial Credit Union CO Blue Federal Credit Union
Apr 1, 2016 Reach Federal Credit Union CA Xceed Financial Credit Union
Apr 1, 2016 Bank of Ohio County, Inc. KY First United Bank and Trust Company, Inc.
Apr 1, 2016 Wyoming County School Employees Federal Credit Union PA Penn East Federal Credit Union
Apr 1, 2016 Metro Shores Credit Union MI Public Service Credit Union
Apr 1, 2016 Ruth State Bank MI Eastern Michigan Bank
Apr 1, 2016 Health First Federal Credit Union ME KV Federal Credit Union
Apr 1, 2016 Grantsville Federal Credit Union UT American United Federal Credit Union
Apr 1, 2016 White House Federal Credit Union DC Department of Commerce Federal Credit Union
Apr 1, 2016 The Citizens Exchange Bank IN First Farmers Bank & Trust Co.
Apr 1, 2016 Mea Federal Credit Union GA Kinetic Credit Union
Apr 1, 2016 Metropolitan Service Federal Credit Union PA American Heritage Federal Credit Union
Apr 1, 2016 Greater Piedmont Credit Union NC Self-Help Credit Union
Apr 1, 2016 Southern Select Community Cu NC Nova Credit Union
Apr 1, 2016 Holy Family Hospital Employees Federal Credit Union MA Align Credit Union
Apr 1, 2016 Barre Savings Bank MA Fidelity Co-Operative Bank
Apr 1, 2016 Howland-Enfield Federal Credit Union ME Penobscot County
Apr 1, 2016 Wesley Medical Credit Union KS Mid American Credit Union
Apr 1, 2016 Ascentia Federal Credit Union ND North Star Community 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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