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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
Apr 1, 2016 Reach Federal Credit Union CA Xceed Financial Credit Union
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 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 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 Babbitt Steelworkers Credit Union MN Ely Area 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 Howland-Enfield Federal Credit Union ME Penobscot County Credit Union
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
Mar 31, 2016 Montauk Credit Union NY Fourleaf Federal Credit Union
Mar 31, 2016 Stratford Municipal Employees Federal Credit Union CT Sikorsky Financial Credit Union, Inc.
Mar 25, 2016 Clarkston Brandon Community Credit Union MI Michigan State University Federal Credit Union
Mar 1, 2016 T.P.C. Employees Federal Credit Union MS Federal Aviation Administration Federal Credit Union
Mar 1, 2016 Saint Josephs Broadmoor Federal Credit Union LA Louisiana Catholic Federal Credit Union
Mar 1, 2016 Tri-County Federal Credit Union OK Bison Federal Credit Union
Mar 1, 2016 First Financial Credit Union MO Multipli Federal Credit Union
Mar 1, 2016 FM Financial Credit Union MI Team One Credit Union
Feb 29, 2016 Cerrobrass Credit Union IL Processors - Industrial Community Credit Union
Feb 29, 2016 Menard Credit Union IL Siu 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
Dec 31, 2016 City of Raleigh Employees Credit Union NC Civic Federal Credit Union
Dec 29, 2016 MBFS Holdings, Inc. CA Plaza Bank
Dec 23, 2016 MLHM, Inc. NY Bana Holding Corporation
Dec 20, 2016 Little River Bank AR First Community Bank
Dec 17, 2016 First State Bank of Okabena (Incorporated) MN Currie State Bank
Dec 17, 2016 Security First Bank CA Suncrest Bank
Dec 17, 2016 Bank Computer Services, Inc. IN Citizens State Bank of New Castle
Dec 15, 2016 American Patriot Bank TN Apex Bank
Dec 14, 2016 Pacoe Federal Credit Union PA PRR South Fork Federal Credit Union
Dec 14, 2016 Salt Creek Credit Union IL Vibrant Credit Union
Dec 10, 2016 (unnamed) — Blue Ridge Bank, N.A.
Dec 6, 2016 Happy Bancshares of Delaware, Inc. DE Happy Bancshares, Inc.
Dec 6, 2016 Rudolph Bancshares, Inc. WI First State Bancshares, Inc.
Dec 5, 2016 Wesley Ame Zion Federal Credit Union PA Northwood Federal Credit Union
Dec 4, 2016 Bancroft State Bank WI The Portage County Bank
Dec 3, 2016 CSB Bank MI Lakestone Bank & Trust
Dec 3, 2016 First Choice Bank NJ Berkshire Bank
Dec 3, 2016 American Trust Bank of East Tennessee TN Citizens Bank
Dec 3, 2016 Livingston State Bank WI Community First Bank
Dec 1, 2016 IT&S of Iowa, Inc. IA Community Bancshares Corp.
Dec 1, 2016 Ocean Shore Holding Company NJ OceanFirst Financial Corp.
Dec 1, 2016 Acadia Trust, N.A. ME Camden National Bank
Dec 1, 2016 West Coast Federal Credit Union FL Ficare Federal Credit Union
Dec 1, 2016 Grocers Supply Employee Credit Union TX Texas Bay Credit Union
Dec 1, 2016 Pointe Coupee Education Association Federal Credit Union LA Essential Credit Union
Dec 1, 2016 Berea Credit Union, Inc. KY Park Federal Credit Union dba Park Community Credit Union
Dec 1, 2016 Fiscal Credit Union CA Unify Financial Federal Credit Union
Dec 1, 2016 Desert Medical Federal Credit Union AZ Credit Union West
Dec 1, 2016 TruBank IA Trubank
Dec 1, 2016 Ocean City Home Bank NJ OceanFirst Bank, N.A.
Nov 30, 2016 Avon Bancshares, Inc. MN American Heritage Holding Company
Nov 27, 2016 Ecai Federal Credit Union PA Northwood Federal Credit Union
Nov 27, 2016 C.B.C. Federal Credit Union PA Northwood Federal Credit Union
Nov 27, 2016 Bright Hope Federal Credit Union PA Northwood Federal Credit Union
Nov 23, 2016 Banco Harlan, Inc. KY Monticello Bankshares, Inc.
Nov 22, 2016 Randolph County School Employees Federal Credit Union WV Home Federal Credit Union
Nov 19, 2016 Delta National Bancorp CA Farmers & Merchants Bancorp
Nov 19, 2016 First Community Financial Corporation IL Wintrust Financial Corporation
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
Nov 15, 2016 So-Val Tel Federal Credit Union CA Educational Employees Credit Union
Nov 12, 2016 Marine Bank and Trust IL United Community Bank
Nov 12, 2016 Brown County State Bank IL United Community Bank
Nov 11, 2016 Wilburton State Bank OK First National Bank & Trust Company of McAlester
Nov 11, 2016 New England Bancorp Inc MA Independent Bank Corp.
Nov 11, 2016 Independence Bank of Georgia GA Vallant Bank
Nov 11, 2016 Talmer Bank and Trust MI Chemical Bank
Nov 11, 2016 Bank of Cape Cod MA Rockland Trust Company
Nov 11, 2016 Community First Bancshares, Inc. AR Equity Bancshares, Inc.

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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