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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
Aug 1, 2016 Delaware Bancshares, Inc. NY Norwood Financial Corp.
Aug 1, 2016 First Fabens Bancorporation, Inc. TX WestStar Bank Holding Company, Inc.
Aug 1, 2016 Harvard Savings Bank IL First Secure State Bank
Aug 1, 2016 Sierra Point Credit Union CA Financial Partners Credit Union
Jul 30, 2016 Farmers State Bank Stanberry MO HNB National Bank
Jul 30, 2016 Xenith Bankshares, Inc. VA Xenith Bankshares, Inc.
Jul 30, 2016 Wilshire Bancorp, Inc. CA Hope Bancorp, Inc.
Jul 30, 2016 Xenith Bank VA Xenith Bank
Jul 30, 2016 Cornerstone Alliance, Ltd. KS RCB Holding Company, Inc.
Jul 30, 2016 Saint Edward Mercy Hospital Federal Credit Union AR Multi-States Credit Union
Jul 30, 2016 Wilshire Bank CA Bank of Hope
Jul 30, 2016 Equitable Co-operative Bank MA Coastal Heritage Bank
Jul 30, 2016 Cornerbank KS RCB Bank
Jul 28, 2016 Franklin County United Bancshares, Inc. TN Sequatchie Valley Bancshares, Inc.
Jul 23, 2016 Kilgore National Financial Corporation TX VeraBank, Inc.
Jul 23, 2016 Bankers Bancshares, Inc. OH United Bankers' Bancorporation, Inc
Jul 23, 2016 Great Lakes Bankers Bank OH United Bankers' Bank
Jul 22, 2016 C1 Bank FL Bank OZK
Jul 22, 2016 C1 Financial, Inc. FL Bank of the Ozarks Inc
Jul 22, 2016 Bailey, Inc. Employees Credit Union UT Hercules First Federal Credit Union
Jul 21, 2016 Community & Southern Bank GA Bank OZK
Jul 21, 2016 Community & Southern Holdings, Inc. GA Bank of the Ozarks Inc
Jul 18, 2016 Laporte Bancorp, Inc. IN Horizon Bancorp, Inc.
Jul 18, 2016 The La Porte Savings Bank IN Horizon Bank
Jul 16, 2016 First Bank & Trust Company TX Citizens State Bank
Jul 16, 2016 Lake National Bank OH CNB Bank
Jul 16, 2016 Dawson Bancshares, Inc. TX Industry Bancshares, Inc.
Jul 16, 2016 Bremen Bancorp, Inc. MO Midwest Bankcentre, Inc.
Jul 16, 2016 Bremen Bank and Trust Company MO Midwest Bankcentre
Jul 14, 2016 FSB Community Bankshares, MHC NY FSB Bancorp, Inc.
Jul 14, 2016 WCF Financial, M.H.C. IA WCF Bancorp, Inc.
Jul 14, 2016 Webster City Federal Bancorp IA WCF Bancorp, Inc.
Jul 13, 2016 Lexington B & L Financial Corp. MO Nasb Financial, Inc.
Jul 13, 2016 B&L Bank MO North American Savings Bank, FSB
Jul 12, 2016 Keystone Investment, Inc. NE Sandhills Financial Services, LLC
Jul 9, 2016 Hopkins Federal Savings Bank MD Bay Bank, FSB
Jul 9, 2016 Heritage Bank of Central Illinois IL Morton Community Bank
Jul 9, 2016 Coast Bancorp CA Sierra Bancorp
Jul 9, 2016 Frontenac Bank MO Royal Banks of Missouri
Jul 9, 2016 Coast National Bank CA Bank of the Sierra
Jul 9, 2016 Nebanco, Inc. NE First Gothenburg Bancshares, Inc.
Jul 9, 2016 Peoples Exchange Bank KS American State Bank & Trust Company
Jul 9, 2016 Farmers State Bank NE Dayspring Bank
Jul 9, 2016 Altura State Bank MN Peoples State Bank of Plainview
Jul 2, 2016 Norfolk Schools Federal Credit Union VA Nma Federal Credit Union
Jul 1, 2016 Delaware River Employees Federal Credit Cuion NJ Fort Billings Federal Credit Union
Jul 1, 2016 Fox Chase Bank PA Univest Bank and Trust Co.
Jul 1, 2016 Jeff Davis Credit Union GA Robins Financial Credit Union
Jul 1, 2016 Eagle Credit Union CA Unify Financial Federal Credit Union
Jul 1, 2016 Farmers State Bank NE Bank of the Valley

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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