Skip to main content

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
Aug 10, 2016 Cornerstone Baptist Church Federal Credit Union NY Consumers Federal Credit Union
Aug 1, 2016 Sierra Point Credit Union CA Financial Partners Credit Union
Aug 1, 2016 Alamo Federal Credit Union TX Pentagon Federal Credit Union
Aug 1, 2016 Lamar Civic Federal Credit Union CO Peoples Credit Union
Aug 1, 2016 Oral Federal Credit Union HI Hawaiian Financial Federal Credit Union
Aug 1, 2016 Wat Federal Credit Union PA First Harvest Federal Credit Union
Aug 1, 2016 Oswego Heritage Federal Credit Union NY Compass Federal Credit Union
Aug 1, 2016 Irondequoit Federal Credit Union NY Wit Federal Credit Union
Aug 1, 2016 Northwest Georgia Credit Union GA Coosa Valley Credit Union
Aug 1, 2016 RCT Federal Credit Union GA Peach State Federal Credit Union
Jul 30, 2016 Saint Edward Mercy Hospital Federal Credit Union AR Multi-States Credit Union
Jul 22, 2016 Bailey, Inc. Employees Credit Union UT Hercules First Federal Credit Union
Jul 2, 2016 Norfolk Schools Federal Credit Union VA Nma Federal Credit Union
Jul 1, 2016 Jeff Davis Credit Union GA Robins Financial Credit Union
Jul 1, 2016 Homeland Federal Credit Union LA Post Office Employees Credit Union
Jul 1, 2016 Delaware River Employees Federal Credit Cuion NJ Fort Billings Federal Credit Union
Jul 1, 2016 Eagle Credit Union CA Unify Financial Federal Credit Union
Jul 1, 2016 General Mills Employees Credit Union IL Illiana Financial Credit Union
Jul 1, 2016 First State Refinery Federal Credit Union DE Dexsta Federal Credit Union
Jul 1, 2016 Monofrax Employees Federal Credit Union NY Affinity One Federal Credit Union
Jul 1, 2016 Saint Lukes Credit Union MO CommunityAmerica Federal Credit Union
Jul 1, 2016 Oak Trust Credit Union IL Northstar Credit Union
Jul 1, 2016 Keystone Federal Credit Union PA Trumark Credit Union
Jul 1, 2016 Freedom Federal Credit Union NC Coastal Federal Credit Union
Jul 1, 2016 Saint Pauls Parish Federal Credit Union OH Oc Federal Credit Union

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
Jun 17, 2016 SouthCoast Community Bank SC Bank of North Carolina
Jun 12, 2016 FSB Corp. IL Nbe Bancshares, Inc.
Jun 12, 2016 Farmers State Bank of Sublette IL Pioneer State Bank
Jun 11, 2016 Congaree State Bank SC CresCom Bank
Jun 11, 2016 Congaree Bancshares, Inc. SC Carolina Financial Corporation
Jun 7, 2016 Faith Based Federal Credit Union CA Frontwave Credit Union
Jun 4, 2016 Linn County State Bank IA Community Savings Bank
Jun 4, 2016 Bank of Georgetown DC United Bank
Jun 4, 2016 Baileyville Bancshares, Inc. KS Elkcorp, Inc.
Jun 4, 2016 The Baileyville State Bank KS Elk State Bank
Jun 4, 2016 First State Bank of West Salem IL The First National Bank of Allendale
Jun 2, 2016 Trivoli Bancorp, Inc. IL Hometown Community Bancorp, Inc.
Jun 1, 2016 St. Gertrude's Credit Union NM Guadalupe Credit Union
Jun 1, 2016 San Antonio Trust Company, Lta TX Texas Partners Bank
Jun 1, 2016 Green Valley Bancorp, MHC MA SSB Community Bancorp MHC
Jun 1, 2016 Green Valley Bancorp, Inc. MA Peoplesbancorp, Inc
Jun 1, 2016 Pathfinder Commercial Bank NY Pathfinder Bank
Jun 1, 2016 Stark Metropolitan Housing Authority Federal Credit Union OH Eaton Family Credit Union
Jun 1, 2016 Calumet Bancshares, Inc. WI Calumet Bancorporation, Inc.
Jun 1, 2016 Kosciusko Financial, Inc. IN Horizon Bancorp, Inc.
Jun 1, 2016 F M Co. NE FM Group, Inc.
Jun 1, 2016 Florida Baptist Credit Union FL First Florida Credit Union
Jun 1, 2016 Union Oil Santa Fe Springs Employees Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Jun 1, 2016 Division 694 Motor Coach Employees Federal Credit Union TX Select Federal Credit Union
Jun 1, 2016 Cornerstone Credit Union ID Pioneer Federal Credit Union
Jun 1, 2016 Clinton Federal Credit Union SC Founders Federal Credit Union
Jun 1, 2016 Frontier Community Credit Union IA Peoples Credit Union
Jun 1, 2016 Akron Police Department Credit Union, Inc. OH Akron Fire Police Credit Union, Inc.
Jun 1, 2016 Farmers State Bank IN Horizon Bank
Jun 1, 2016 Pine Creek Federal Credit Union OR Hapo Community Credit Union
Jun 1, 2016 Puget Sound Federal Credit Union WA Qualstar Credit Union
Jun 1, 2016 San Francisco Municipal Railway Employees Federal Credit Union CA Unify Financial Federal Credit Union
Jun 1, 2016 Edison Financial Credit Union, Incorporated OH Cardinal Credit Union, Inc.
Jun 1, 2016 Calumet County Bank WI State Bank of Chilton
May 31, 2016 Burlington Bancshares, Inc. CO Burlington Holdings, Inc.
May 22, 2016 Employees Credit Union TN Ascend Federal Credit Union
May 21, 2016 ProAmerica Bank CA Pacific Commerce Bank
May 21, 2016 Associated Federal Credit Union IN Inova Federal Credit Union
May 21, 2016 Farmers Bancshares, Inc. KY First Cecilian Bancorp, Inc.
May 21, 2016 Central Bank MO First State Community Bank
May 21, 2016 First National Bank of the Lakes MN Bridgewater Bank
May 21, 2016 Leitchfield Deposit Bank & Trust Company KY The Cecilian Bank
May 21, 2016 The Farmers Bank KY The Cecilian Bank
May 21, 2016 Cheviot Savings Bank OH MainSource Bank
May 21, 2016 Cheviot Financial Corporation OH Mainsource Financial Group, Inc.
May 18, 2016 Cornerstone Community Bank FL Republic Bank & Trust Company
May 18, 2016 Forrest-Petal Educational Federal Credit Union MS Centuryfirst Federal Credit Union
May 18, 2016 Cornerstone Bancorp, Inc. FL Republic Bancorp, Inc.
May 17, 2016 Community Bank of Northern Wisconsin WI Ccfbank N.A.
May 16, 2016 Preston National Bank TX AccessBank Texas

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.

Explore: all mergers · 2016 bank events · browse by acquirer · bank failures · all events