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
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 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 Corco Federal Credit Union OH Pathways Financial Credit Union, Inc.
May 1, 2016 Grange Mutual Employees Credit Union, Inc. OH Telhio Credit Union, Inc.
May 1, 2016 MY Postal Credit Union MI Vibe Credit Union
May 1, 2016 Belvoir Federal Credit Union VA Pentagon Federal Credit Union
May 1, 2016 Gasco Eastern District Federal Credit Union PA Arc Federal 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 Amicus Federal Credit Union WA Horizon Credit Union
Apr 30, 2016 Kcumb Credit Union MO CommunityAmerica Federal Credit Union
Apr 30, 2016 Educational Credit Union KS Azura Credit Union
Apr 30, 2016 United Financial Services Federal Credit Union NJ Advanced Financial Federal Credit Union
Apr 19, 2016 Rector Federal Credit Union PA American Heritage Federal Credit Union
Apr 10, 2016 Dexter Credit Union RI Navigant Credit Union
Apr 2, 2016 Altoona Regional Health System Federal Credit Union PA Healthcare First Credit Union
Apr 2, 2016 Electrical Workers Credit Union IL Revity Credit Union
Apr 1, 2016 Newton Teachers Credit Union MA Metro Credit Union
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 Great River Community Credit Union IL United Community Credit Union
Apr 1, 2016 Community Financial Credit Union CO Blue 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
Oct 1, 2016 First National Bank TX Citizens State Bank
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 30, 2016 Southern Heritage Bank TN First Citizens National Bank
Sep 30, 2016 The State Bank of Hildreth NE Cornerstone Bank
Sep 24, 2016 First State Bancorp, Inc. NV Woodson Bancshares, Inc.
Sep 21, 2016 Farmers State Bank NE Chambers State Bank
Sep 19, 2016 Central Credit Union, Inc OH Pathways Financial Credit Union, Inc.
Sep 17, 2016 Keokuk Savings Bank and Trust Company IA Connection Bank
Sep 17, 2016 Home Savings Bank MO Legends Bank
Sep 17, 2016 The First National Bank of Emory TX Commercial Bank of Texas, N.A.
Sep 16, 2016 Regent Bank FL Stonegate Bank
Sep 13, 2016 Capac Bancorp, Inc. MI County Bank Corp
Sep 10, 2016 Bloomburg State Bank TX The First National Bank of Hughes Springs
Sep 10, 2016 SCSB Real Estate Holdings, LLC IN WesBanco Bank, Inc.
Sep 10, 2016 YCB Real Estate Holdings LLC IN WesBanco Bank, Inc.
Sep 10, 2016 Your Community Bankshares, Inc. IN WesBanco, Inc.
Sep 10, 2016 Kenosha Postal Employees Credit Union WI Trustone Financial Credit Union
Sep 10, 2016 Paragon Bank MN Peoples State Bank of Wells
Sep 10, 2016 American Bank WI National Exchange Bank and Trust
Sep 10, 2016 Prosper Bank TX Texas Bank
Sep 10, 2016 Your Community Bank IN WesBanco Bank, Inc.
Sep 9, 2016 Home State Bancorp CO Guaranty Bancorp
Sep 9, 2016 First Clover Leaf Financial Corp IL First Mid Bancshares, Inc.
Sep 9, 2016 The Home State Bank CO Guaranty Bank and Trust Company
Sep 7, 2016 Foundation Bancorp, Inc. WA Pacific Continental Corporation
Sep 7, 2016 Foundation Bank WA Pacific Continental Bank
Sep 3, 2016 Alta Vista Bancshares, Inc. KS Farmers and Drovers Financial Corp
Sep 3, 2016 The Alta Vista State Bank KS Farmers and Drovers Bank
Sep 2, 2016 Bridgeview Bank Mortgage Company, LLC IL Bridgeview Bank Group
Sep 2, 2016 Wilmington Trust Fiduciary Services Company NJ Wilmington Trust, N.A.
Sep 1, 2016 Cory Methodist Church Credit Union, Inc. OH Eaton Family Credit Union
Sep 1, 2016 Cordia Bancorp, Inc. VA First-Citizens Bank & Trust Company
Sep 1, 2016 Talmer Bancorp Inc. MI TCF Financial Corporation
Sep 1, 2016 Treasure State Bank MT Glacier Bank
Sep 1, 2016 Cbin Subsidiary, Inc. IN Your Community Bankshares, Inc.
Sep 1, 2016 Bank of Virginia VA First-Citizens Bank & Trust Company
Sep 1, 2016 South Central Texas Commercial Corporation NV Round Top Bancshares, Inc.
Sep 1, 2016 Investors Independent Trust Company CO Midwest Trust Company
Sep 1, 2016 Peoples State Bank & Trust GA Pineland Bank
Sep 1, 2016 Jefferson County Public Employees Credit Union ID Connections Credit Union
Sep 1, 2016 Family Federal Credit Union CA Self-Help Federal Credit Union
Sep 1, 2016 Pineland State Bank GA Pineland Bank

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