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 |
|---|---|---|
| Oct 22, 2016 | Indiana Business Bancorp | Lizton Financial Corporation |
| Oct 22, 2016 | Chicopee Bancorp, Inc. | Western New England Bancorp, Inc. |
| Oct 21, 2016 | River Bancorp, Inc. | Blue Ridge Bankshares, Inc. |
| Oct 18, 2016 | Renaissance Community Development Credit Union | Affinity Federal Credit Union |
| Oct 15, 2016 | Mfsb, National Association | First Bank Midwest |
| Oct 15, 2016 | Ridgestone Financial Services, Inc. | Byline Bancorp, Inc. |
| Oct 15, 2016 | Ridgestone Bank | Byline Bank |
| Oct 15, 2016 | Citizens Bank | First National Bank of Decatur County |
| Oct 12, 2016 | Ottawa Savings Bancorp, MHC | Ottawa Bancorp, Inc. |
| Oct 12, 2016 | Ottawa Savings Bancorp, Inc. | Ottawa Bancorp, Inc. |
| Oct 12, 2016 | The Farmers & Merchants State Bank of Cawker City | Farmers and Merchants Bank |
| Oct 8, 2016 | American Loan and Savings Association | F&M Bank and Trust Company |
| Oct 8, 2016 | VistaBank | Coastal Carolina National Bank |
| Oct 8, 2016 | First Advantage Bank | Border Bank |
| Oct 8, 2016 | Rock Branch Community Bank, Inc. | First Sentry Bank, Inc. |
| Oct 8, 2016 | Northstar Bank of Colorado | Northstar Bank |
| Oct 8, 2016 | First Niagara Bank, N.A. | KeyBank N.A. |
| Oct 6, 2016 | Kentucky National Bancorp, Inc | South Central Bancshares of Kentucky, Inc. |
| Oct 3, 2016 | Ryder System Federal Credit Union | Power Financial Credit Union |
| Oct 3, 2016 | Landmark Investor Group, Inc. | Flagship Financial Group, Inc. |
| Oct 1, 2016 | Clearwater Credit Union | Lewis Clark Credit Union |
| Oct 1, 2016 | California Republic Bank | Mechanics Bank |
| Oct 1, 2016 | Sierra Vista Bank | Community West Bank |
| Oct 1, 2016 | East River Bank | DNB First, National Association |
| Oct 1, 2016 | Stonebridge Bank | American National Bank |
| Oct 1, 2016 | Monument Bank | Revere Bank |
| Oct 1, 2016 | ANB Bancshares of Delaware, Inc. | Anahuac Bancshares, Inc. |
| Oct 1, 2016 | Wills Point Financial Corporation | Sulphur Springs Bancshares, Inc. |
| Oct 1, 2016 | Bancshares of Urbana, Inc. | OakStar Bancshares, Inc. |
| Oct 1, 2016 | Eden Valley Bancshares, Inc. | Farmers & Merchants Agency, Inc. |
| Oct 1, 2016 | First Groesbeck Holding Company | Industry Bancshares, Inc. |
| Oct 1, 2016 | Mount Saint Marys Hospital Federal Credit Union | Cornerstone Community Federal Credit Union |
| Oct 1, 2016 | Tidewater Dominion Employees Federal Credit Union | N a E Federal Credit Union |
| Oct 1, 2016 | Landmark Community Bank, National Association | Flagship Bank Minnesota |
| Oct 1, 2016 | United Vip Credit Union | Ignite Credit Union |
| Oct 1, 2016 | Cheshire Health Federal Credit Union | Service Federal Credit Union |
| Oct 1, 2016 | Quinnipiac Valley Community Federal Credit Union | Membersfirst CT Federal Credit Union |
| Oct 1, 2016 | First and Citizens Bank | Summit Community Bank, Inc |
| Oct 1, 2016 | Ecolab Credit Union | Blaze Credit Union |
| Oct 1, 2016 | Sacred Heart of Corpus Christi Federal Credit Union | Alcose Credit Union |
| Oct 1, 2016 | Sumner National Bank of Sheldon | Iroquois Farmers State Bank |
| Oct 1, 2016 | The Peabody State Bank | Vintage Bank Kansas |
| Oct 1, 2016 | Peoples State Bank | Wayland State Bank |
| Oct 1, 2016 | Health Associates Federal Credit Union | Credit Union of Southern California, a Federal Credit Union |
| Oct 1, 2016 | (unnamed) | First American State Bank |
| Oct 1, 2016 | Seaboard Gateway Federal Credit Union | Liberty Federal Credit Union |
| Oct 1, 2016 | The Bank of Urbana | OakStar Bank |
| Oct 1, 2016 | Lehigh Valley Federal Credit Union | People First Federal Credit Union |
| Oct 1, 2016 | Citizens National Bank of Wills Point | The City National Bank of Sulphur Springs |
| Oct 1, 2016 | Chaco Credit Union, Inc. | Telhio Credit Union, Inc. |
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.
Explore: all mergers · 2016 bank events · browse by acquirer · bank failures · all events