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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
Jun 30, 2016 Youngstown Ohio City Employees Federal Credit Union OH Cardinal Credit Union, Inc.
Jun 30, 2016 Globe Industries Employees Credit Union, Inc. OH Firefighters & Company Federal Credit Union
Jun 30, 2016 Erie Shores Community Federal Credit Union OH Cardinal Credit Union, Inc.
Jun 28, 2016 Clearfield Stone Workers Federal Credit Union PA Priority First Federal Credit Union
Jun 27, 2016 Reid Temple Ame Church Federal Credit Union MD WSSC Federal Credit Union
Jun 18, 2016 Rancocas Federal Credit Union NJ Healthcare Employees Federal Credit Union
Jun 7, 2016 Faith Based Federal Credit Union CA Frontwave Credit Union
Jun 1, 2016 Division 694 Motor Coach Employees Federal Credit Union TX Select Federal Credit Union
Jun 1, 2016 Edison Financial Credit Union, Incorporated OH Cardinal Credit Union, Inc.
Jun 1, 2016 San Francisco Municipal Railway Employees Federal Credit Union CA Unify Financial Federal Credit Union
Jun 1, 2016 Puget Sound Federal Credit Union WA Qualstar Credit Union
Jun 1, 2016 Pine Creek Federal Credit Union OR Hapo Community Credit Union
Jun 1, 2016 Akron Police Department Credit Union, Inc. OH Akron Fire Police Credit Union, Inc.
Jun 1, 2016 Frontier Community Credit Union IA Peoples Credit Union
Jun 1, 2016 Clinton Federal Credit Union SC Founders Federal Credit Union
Jun 1, 2016 Cornerstone Credit Union ID Pioneer Federal Credit Union
Jun 1, 2016 St. Gertrude's Credit Union NM Guadalupe 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 Florida Baptist Credit Union FL First Florida Credit Union
Jun 1, 2016 Stark Metropolitan Housing Authority Federal Credit Union OH Eaton Family Credit Union
May 22, 2016 Employees Credit Union TN Ascend Federal Credit Union
May 21, 2016 Associated Federal Credit Union IN Inova Federal Credit Union
May 18, 2016 Forrest-Petal Educational Federal Credit Union MS Centuryfirst Federal Credit Union
May 2, 2016 Pennypack Federal Credit Union PA Reliance Federal Credit Union
May 2, 2016 Schuylkill Federal Credit Union PA Hidden River 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
May 16, 2016 HF Financial Corp. SD Great Western Bancorp, Inc.
May 16, 2016 Home Federal Bank SD Great Western Bank
May 14, 2016 Franklin Grove Bank IL The First National Bank in Amboy
May 14, 2016 Fraternity Community Bancorp, Inc. MD Hamilton Bancorp, Inc.
May 14, 2016 Fox River Valley Bancorp, Inc. WI County Bancorp, Inc.
May 14, 2016 The Business Bank WI Investors Community Bank
May 14, 2016 Fraternity Federal Savings and Loan Association MD Hamilton Bank
May 7, 2016 Jourdanton State Bank TX First Commercial Bank, N.A.
May 7, 2016 Jourdanton Bancshares, Inc. TX First Commercial Financial Corp
May 7, 2016 Community Guaranty Corporation NH BNH Financial
May 7, 2016 Community Guaranty Savings Bank NH Bank of New Hampshire
May 7, 2016 State Bank of Drummond WI Chippewa Valley Bank
May 2, 2016 Schuylkill Federal Credit Union PA Hidden River Credit Union
May 2, 2016 Cape Bancorp, Inc. NJ OceanFirst Financial Corp.
May 2, 2016 Pennypack Federal Credit Union PA Reliance Federal Credit Union
May 2, 2016 Suffolk Virginia City Employees Federal Credit Union VA Portalliance Federal Credit Union
May 2, 2016 Panhandle Cooperative Federal Credit Union NE Meridian Trust Federal Credit Union
May 2, 2016 Cape Bank NJ OceanFirst Bank, N.A.
May 1, 2016 Liberty Bank of Maryland MD Kopernik Bank
May 1, 2016 Pulaski Financial Corp. MO First Busey Corporation
May 1, 2016 WDS Holdings, Inc. NC Wells Fargo & Company
May 1, 2016 Anchor Bancorp Wisconsin, Inc. WI Old National Bancorp
May 1, 2016 Commerce Mortgage Corp. MO Commerce Bank
May 1, 2016 Ewing Agency, Inc. NE Chambanco, Inc.
May 1, 2016 MY Postal Credit Union MI Vibe Credit Union
May 1, 2016 Inter-State Federal Savings and Loan Association of Kansas City KS First Federal Bank of Kansas City
May 1, 2016 Belvoir Federal Credit Union VA Pentagon Federal Credit Union
May 1, 2016 AnchorBank, FSB WI Old National Bank
May 1, 2016 National Bank of California CA Commercial Bank of California
May 1, 2016 Gasco Eastern District Federal Credit Union PA Arc Federal Credit Union
May 1, 2016 American Bank of Huntsville AL Avadian Credit Union
May 1, 2016 Heinz - Del Monte Federal Credit Union PA Clearview Federal Credit Union
May 1, 2016 Monroe Credit Union LA Pelican Credit Union
May 1, 2016 United-American Savings Bank PA The Farmers National Bank of Emlenton
May 1, 2016 Amicus Federal Credit Union WA Horizon Credit Union
May 1, 2016 Lubbock County Schools Federal Credit Union TX Texas Tech Federal Credit Union
May 1, 2016 The San Gabriel Valley Postal Credit Union CA Credit Union of Southern California, a Federal Credit Union
May 1, 2016 Norfolk Virginia Postal Credit Union VA Bayport Federal Credit Union
May 1, 2016 Grange Mutual Employees Credit Union, Inc. OH Telhio Credit Union, Inc.
May 1, 2016 Corco Federal Credit Union OH Pathways Financial Credit Union, Inc.
Apr 30, 2016 Park Bancorp, Inc. IL Royal Financial, Inc.
Apr 30, 2016 Park Federal Savings Bank IL Royal Savings Bank
Apr 30, 2016 The First National Bank of Eagle River WI mBank
Apr 30, 2016 Educational Credit Union KS Azura Credit Union
Apr 30, 2016 Kcumb Credit Union MO Communityamerica Federal Credit Union
Apr 30, 2016 Baylake Bank WI Nicolet National Bank
Apr 30, 2016 United Financial Services Federal Credit Union NJ Advanced Financial Federal Credit Union
Apr 30, 2016 Baylake Corp. WI Nicolet Bankshares, Inc.
Apr 30, 2016 Cumberland County Bank TN One Bank of Tennessee
Apr 30, 2016 American Midwest Bank IL Heartland Bank and Trust Company

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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