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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
Jan 6, 2016 Winthrop Bancshares, Inc. MN Darwin Bancshares, Inc.
Jan 4, 2016 S. T. A. R. Community Credit Union CA Members 1st Credit Union
Jan 2, 2016 Noxen Community Federal Credit Union PA Back Mountain Federal Credit Union
Jan 2, 2016 PG&W Employees Federal Credit Union PA Corner Post Federal Credit Union
Jan 1, 2016 American Bank MD Forbright Bank
Jan 1, 2016 Medina Banking Company TN Centennial Bank
Jan 1, 2016 Tradition Bank - Bellaire TX Prosperity Bank
Jan 1, 2016 First Federal Savings and Loan Association of Kewanee IL Union Federal Savings and Loan Association
Jan 1, 2016 Focal Point Federal Credit Union NY Empower Federal Credit Union
Jan 1, 2016 Tri-Point Federal Credit Union PA Omega Federal Credit Union
Jan 1, 2016 University of Wisconsin-Oshkosh Credit Union WI Prospera Credit Union
Jan 1, 2016 W H Nichols Employees Federal Credit Union MA Hanscom Federal Credit Union
Jan 1, 2016 Municipal Credit Union WI Parker Community Credit Union
Jan 1, 2016 Cabool State Bank MO Peoples Community Bank
Jan 1, 2016 Bank CBO MO Connections Bank
Jan 1, 2016 Ameriana Bank IN First Merchants Bank
Jan 1, 2016 Ackley State Bank IA GNB Bank
Jan 1, 2016 Community Trust Federal Credit Union FL Self-Help Federal Credit Union
Jan 1, 2016 First Capital Bank VA Park Sterling Bank
Jan 1, 2016 Xit Bancshares, Inc. TX WSB Bancshares, Inc.
Jan 1, 2016 Union Investment Services, Inc. VA Atlantic Union Bankshares Corporation
Jan 1, 2016 Merchants Capital Resources, Inc. MN Merchants Bank, N.A.
Jan 1, 2016 Clay Electric Employees Credit Union FL Florida Rural Electric Credit Union
Jan 1, 2016 Medina Bancshares, Inc. TN F & M Bancshares, Inc.
Jan 1, 2016 A M Castle Employees Federal Credit Union IL Numark Credit Union
Jan 1, 2016 Southshore Credit Union WI Trustone Financial Credit Union
Jan 1, 2016 Bcbsnc Credit Union NC State Employees Credit Union
Jan 1, 2016 CSC Employees Federal Credit Union VA Lafayette Federal Credit Union
Jan 1, 2016 Bank of Ringgold LA Bom Bank
Jan 1, 2016 Osnova Ukrainian Federal Credit Union OH Ukrainian Federal Credit Union
Jan 1, 2016 Village Community Credit Union MI Parkside Credit Union
Jan 1, 2016 Keystone Bancshares, Inc. AL River Financial Corporation
Jan 1, 2016 Stifel Trust Company, N.A. MO Stifel Trust Company N.A.
Jan 1, 2016 American Bank Holdings, Inc. MD Forbright, Inc.
Jan 1, 2016 Keystone Bank AL River Bank & Trust
Jan 1, 2016 First Capital Bancorp, Inc. VA Park Sterling Corporation
Jan 1, 2016 The Bank of Santa Barbara CA American Riviera Bank
Jan 1, 2016 Pan Pacific Bank CA California Bank of Commerce
Jan 1, 2016 CM Cic Securities — Credit Industriel Et Commercial
Jan 1, 2016 Bankers Trust Company IA Bankers Trust Company
Jan 1, 2016 Ameriana Bancorp IN First Merchants Corporation
Jan 1, 2016 Tradition Bancshares, Inc. TX Prosperity Bancshares, Inc.
Jan 1, 2016 Starbanc Holding Company TX Community Bank Holdings of Texas, Inc.
Jan 1, 2016 Grays Harbor Community Hospital Federal Credit Union WA G H Woodworkers Federal Credit Union
Jan 1, 2016 The Citizens National Bank of Meyersdale PA Riverview Bank
Jan 1, 2016 Home Federal Savings and Loan Association of Nebraska NE Home Federal Savings and Loan Association of Grand Island
Jan 1, 2016 Multiple Employee Group Federal Credit Union GA Doco Credit Union
Jan 1, 2016 Dakota State Bank SD First Dakota National Bank
Jan 1, 2016 First Credit Union WI Trustone Financial Credit Union
Jan 1, 2016 Bridgeport Hospital Federal Credit Union CT Unity Financial

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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