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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
Nov 11, 2016 Community First Bank AR Equity Bank
Nov 11, 2016 American Bank of Texas TX First United Bank and Trust Company
Nov 11, 2016 Arg Bradford Federal Credit Union PA Mountain Laurel Federal Credit Union
Nov 11, 2016 Sparta Union Bancshares, Inc. WI River Holding Company
Nov 11, 2016 North American Bancshares, Inc. TX Spend Life Wisely Company, Inc.
Nov 11, 2016 Wilburton State Bancshares, Inc. OK First National Bank & Trust Company of McAlester
Nov 11, 2016 Wallingford Municipal Federal Credit Union CT Cornerstone Federal Credit Union
Nov 7, 2016 The Central National Bank and Trust Company IN Horizon Bank
Nov 7, 2016 CNB Bancorp IN Horizon Bancorp, Inc.
Nov 5, 2016 Kilgore National Bank TX VeraBank, N.A.
Nov 5, 2016 Merrill Federal Savings and Loan Association WI Crossbridge Community Bank
Nov 5, 2016 State Bank in Eden Valley MN Farmers and Merchants State Bank of Pierz
Nov 5, 2016 Pulaski Bank National Association MO Busey Bank
Nov 1, 2016 High Point Bank and Trust Company NC Bank of North Carolina
Nov 1, 2016 FBC Bancorp, Inc. FL Sunshine Bancorp, Inc.
Nov 1, 2016 Florida Bank of Commerce FL Sunshine Bank
Nov 1, 2016 Thurston First Bank WA Commencement Bank
Nov 1, 2016 Tulip Cooperative Credit Union WA Harborstone Credit Union
Nov 1, 2016 High Point Bank Corporation NC BNC Bancorp
Nov 1, 2016 Culver City Employees Federal Credit Union CA Glendale Federal Credit Union
Nov 1, 2016 Board of Water Supply Federal Credit Union HI Hawaiian Financial Federal Credit Union
Nov 1, 2016 Cherry Employees Federal Credit Union CA Orange County's Federal Credit Union
Nov 1, 2016 Middconn Federal Credit Union CT Dutch Point Credit Union
Nov 1, 2016 A C Jaacks Credit Union IL Illiana Financial Credit Union
Nov 1, 2016 Ducote Federal Credit Union FL Radifi Federal Credit Union
Nov 1, 2016 Anchor Seven Federal Credit Union FL Vystar Credit Union
Nov 1, 2016 Indiana United Methodist Federal Credit Union IN Christian Family Credit Union, Inc.
Nov 1, 2016 High Plains Federal Credit Union NM Pentagon Federal Credit Union
Nov 1, 2016 Warden Captree Federal Credit Union NY Consumers Federal Credit Union
Nov 1, 2016 All Seasons Federal Credit Union IN Indiana Members Credit Union
Nov 1, 2016 Beech Island Credit Union SC Peach State Federal Credit Union
Nov 1, 2016 United Financial Credit Union CA Credit Union of Southern California, a Federal Credit Union
Nov 1, 2016 Deluxe Laboratories Federal Credit Union CA Gain Federal Credit Union
Oct 31, 2016 Bip Federal Credit Union NC Members Credit Union
Oct 29, 2016 Teton Banks MT First Security Bank
Oct 29, 2016 First Dalhart Bancshares, Inc. TX WSB Bancshares, Inc.
Oct 29, 2016 Layton State Bank WI North Shore Bank
Oct 29, 2016 First National Bank in Dalhart TX Wellington State Bank
Oct 28, 2016 Bergen Federal Credit Union NJ Public Service Federal Credit Union
Oct 27, 2016 Bank of Caneyville KY The Sacramento Deposit Bank
Oct 27, 2016 Caneyville Bancshares, Inc. KY Sacramento Bancorp
Oct 26, 2016 Our Lady of Victory Institut Federal Credit Union NY Erie Metro Federal Credit Union
Oct 26, 2016 Communityone Bank, National Association NC Capital Bank Corporation
Oct 26, 2016 Communityone Bancorp NC Capital Bank Financial Corp.
Oct 22, 2016 Indiana Business Bank IN State Bank
Oct 22, 2016 ANB Nevada Group, Inc. NV ANB Bancshares, Inc.
Oct 22, 2016 Provincial Bank MN Frandsen Bank & Trust
Oct 22, 2016 Chicopee Savings Bank MA Westfield Bank
Oct 22, 2016 Manistee Federal Credit Union MI Wmcu
Oct 22, 2016 The Citizens National Bank of Athens TN Simmons 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.

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