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
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 20, 2016 | Little River Bank | — | First Community Bank |
| Dec 17, 2016 | Security First Bank | — | Suncrest Bank |
| Dec 17, 2016 | First State Bank of Okabena (Incorporated) | — | Currie State Bank |
| Dec 15, 2016 | American Patriot Bank | — | Apex Bank |
| Dec 4, 2016 | Bancroft State Bank | — | The Portage County Bank |
| Dec 3, 2016 | American Trust Bank of East Tennessee | — | Citizens Bank |
| Dec 3, 2016 | First Choice Bank | — | Berkshire Bank |
| Dec 3, 2016 | Livingston State Bank | — | Community First Bank |
| Dec 3, 2016 | CSB Bank | — | Lakestone Bank & Trust |
| Dec 1, 2016 | TruBank | — | Trubank |
| Dec 1, 2016 | Acadia Trust, N.A. | — | Camden National Bank |
| Dec 1, 2016 | Ocean City Home Bank | — | OceanFirst Bank, N.A. |
| Nov 19, 2016 | First Community Bank | — | St. Charles Bank & Trust Company, N.A. |
| Nov 19, 2016 | Delta Bank, National Association | — | Farmers & Merchants Bank of Central California |
| Nov 15, 2016 | Bank of Keystone | — | Sandhills State Bank |
Credit union mergers in 2016
221 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2016.
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 | Acquirer |
|---|---|---|
| Jan 6, 2016 | Winthrop Bancshares, Inc. | Darwin Bancshares, Inc. |
| Jan 4, 2016 | S. T. A. R. Community Credit Union | Members 1st Credit Union |
| Jan 2, 2016 | Noxen Community Federal Credit Union | Back Mountain Federal Credit Union |
| Jan 2, 2016 | PG&W Employees Federal Credit Union | Corner Post Federal Credit Union |
| Jan 1, 2016 | American Bank | Forbright Bank |
| Jan 1, 2016 | Medina Banking Company | Centennial Bank |
| Jan 1, 2016 | Tradition Bank - Bellaire | Prosperity Bank |
| Jan 1, 2016 | First Federal Savings and Loan Association of Kewanee | Union Federal Savings and Loan Association |
| Jan 1, 2016 | Focal Point Federal Credit Union | Empower Federal Credit Union |
| Jan 1, 2016 | Tri-Point Federal Credit Union | Omega Federal Credit Union |
| Jan 1, 2016 | University of Wisconsin-Oshkosh Credit Union | Prospera Credit Union |
| Jan 1, 2016 | W H Nichols Employees Federal Credit Union | Hanscom Federal Credit Union |
| Jan 1, 2016 | Municipal Credit Union | Parker Community Credit Union |
| Jan 1, 2016 | Cabool State Bank | Peoples Community Bank |
| Jan 1, 2016 | Bank CBO | Connections Bank |
| Jan 1, 2016 | Ameriana Bank | First Merchants Bank |
| Jan 1, 2016 | Ackley State Bank | GNB Bank |
| Jan 1, 2016 | Community Trust Federal Credit Union | Self-Help Federal Credit Union |
| Jan 1, 2016 | First Capital Bank | Park Sterling Bank |
| Jan 1, 2016 | Xit Bancshares, Inc. | WSB Bancshares, Inc. |
| Jan 1, 2016 | Union Investment Services, Inc. | Atlantic Union Bankshares Corporation |
| Jan 1, 2016 | Merchants Capital Resources, Inc. | Merchants Bank, N.A. |
| Jan 1, 2016 | Clay Electric Employees Credit Union | Florida Rural Electric Credit Union |
| Jan 1, 2016 | Medina Bancshares, Inc. | F & M Bancshares, Inc. |
| Jan 1, 2016 | A M Castle Employees Federal Credit Union | Numark Credit Union |
| Jan 1, 2016 | Southshore Credit Union | Trustone Financial Credit Union |
| Jan 1, 2016 | Bcbsnc Credit Union | State Employees Credit Union |
| Jan 1, 2016 | CSC Employees Federal Credit Union | Lafayette Federal Credit Union |
| Jan 1, 2016 | Bank of Ringgold | Bom Bank |
| Jan 1, 2016 | Osnova Ukrainian Federal Credit Union | Ukrainian Federal Credit Union |
| Jan 1, 2016 | Village Community Credit Union | Parkside Credit Union |
| Jan 1, 2016 | Keystone Bancshares, Inc. | River Financial Corporation |
| Jan 1, 2016 | Stifel Trust Company, N.A. | Stifel Trust Company N.A. |
| Jan 1, 2016 | American Bank Holdings, Inc. | Forbright, Inc. |
| Jan 1, 2016 | Keystone Bank | River Bank & Trust |
| Jan 1, 2016 | First Capital Bancorp, Inc. | Park Sterling Corporation |
| Jan 1, 2016 | The Bank of Santa Barbara | American Riviera Bank |
| Jan 1, 2016 | Pan Pacific Bank | California Bank of Commerce |
| Jan 1, 2016 | CM Cic Securities | Credit Industriel Et Commercial |
| Jan 1, 2016 | Bankers Trust Company | Bankers Trust Company |
| Jan 1, 2016 | Ameriana Bancorp | First Merchants Corporation |
| Jan 1, 2016 | Tradition Bancshares, Inc. | Prosperity Bancshares, Inc. |
| Jan 1, 2016 | Starbanc Holding Company | Community Bank Holdings of Texas, Inc. |
| Jan 1, 2016 | Grays Harbor Community Hospital Federal Credit Union | G H Woodworkers Federal Credit Union |
| Jan 1, 2016 | The Citizens National Bank of Meyersdale | Riverview Bank |
| Jan 1, 2016 | Home Federal Savings and Loan Association of Nebraska | Home Federal Savings and Loan Association of Grand Island |
| Jan 1, 2016 | Multiple Employee Group Federal Credit Union | Doco Credit Union |
| Jan 1, 2016 | Dakota State Bank | First Dakota National Bank |
| Jan 1, 2016 | First Credit Union | Trustone Financial Credit Union |
| Jan 1, 2016 | Bridgeport Hospital Federal Credit Union | Unity Financial |
Bank mergers by year
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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