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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
Dec 31, 2016 City of Raleigh Employees Credit Union NC Civic Federal Credit Union
Dec 14, 2016 Salt Creek Credit Union IL Vibrant Credit Union
Dec 14, 2016 Pacoe Federal Credit Union PA PRR South Fork Federal Credit Union
Dec 5, 2016 Wesley Ame Zion Federal Credit Union PA Northwood Federal Credit Union
Dec 1, 2016 Desert Medical Federal Credit Union AZ Credit Union West
Dec 1, 2016 Berea Credit Union, Inc. KY Park Federal Credit Union dba Park Community Credit Union
Dec 1, 2016 Grocers Supply Employee Credit Union TX Texas Bay Credit Union
Dec 1, 2016 West Coast Federal Credit Union FL Ficare Federal Credit Union
Dec 1, 2016 Pointe Coupee Education Association Federal Credit Union LA Essential Credit Union
Dec 1, 2016 Fiscal Credit Union CA Unify Financial Federal Credit Union
Nov 27, 2016 C.B.C. Federal Credit Union PA Northwood Federal Credit Union
Nov 27, 2016 Ecai Federal Credit Union PA Northwood Federal Credit Union
Nov 27, 2016 Bright Hope Federal Credit Union PA Northwood Federal Credit Union
Nov 22, 2016 Randolph County School Employees Federal Credit Union WV Home Federal Credit Union
Nov 15, 2016 So-Val Tel Federal Credit Union CA Educational Employees Credit Union
Nov 11, 2016 Wallingford Municipal Federal Credit Union CT Cornerstone Federal Credit Union
Nov 11, 2016 Arg Bradford Federal Credit Union PA Mountain Laurel Federal Credit Union
Nov 1, 2016 United Financial Credit Union CA Credit Union of Southern California, a Federal Credit Union
Nov 1, 2016 Tulip Cooperative Credit Union WA Harborstone Credit Union
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

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
Jun 17, 2016 SouthCoast Community Bank SC Bank of North Carolina
Jun 12, 2016 FSB Corp. IL Nbe Bancshares, Inc.
Jun 12, 2016 Farmers State Bank of Sublette IL Pioneer State Bank
Jun 11, 2016 Congaree State Bank SC CresCom Bank
Jun 11, 2016 Congaree Bancshares, Inc. SC Carolina Financial Corporation
Jun 7, 2016 Faith Based Federal Credit Union CA Frontwave Credit Union
Jun 4, 2016 Linn County State Bank IA Community Savings Bank
Jun 4, 2016 Bank of Georgetown DC United Bank
Jun 4, 2016 Baileyville Bancshares, Inc. KS Elkcorp, Inc.
Jun 4, 2016 The Baileyville State Bank KS Elk State Bank
Jun 4, 2016 First State Bank of West Salem IL The First National Bank of Allendale
Jun 2, 2016 Trivoli Bancorp, Inc. IL Hometown Community Bancorp, Inc.
Jun 1, 2016 St. Gertrude's Credit Union NM Guadalupe Credit Union
Jun 1, 2016 San Antonio Trust Company, Lta TX Texas Partners Bank
Jun 1, 2016 Green Valley Bancorp, MHC MA SSB Community Bancorp MHC
Jun 1, 2016 Green Valley Bancorp, Inc. MA Peoplesbancorp, Inc
Jun 1, 2016 Pathfinder Commercial Bank NY Pathfinder Bank
Jun 1, 2016 Stark Metropolitan Housing Authority Federal Credit Union OH Eaton Family Credit Union
Jun 1, 2016 Calumet Bancshares, Inc. WI Calumet Bancorporation, Inc.
Jun 1, 2016 Kosciusko Financial, Inc. IN Horizon Bancorp, Inc.
Jun 1, 2016 F M Co. NE FM Group, Inc.
Jun 1, 2016 Florida Baptist Credit Union FL First Florida Credit Union
Jun 1, 2016 Union Oil Santa Fe Springs Employees Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Jun 1, 2016 Division 694 Motor Coach Employees Federal Credit Union TX Select Federal Credit Union
Jun 1, 2016 Cornerstone Credit Union ID Pioneer Federal Credit Union
Jun 1, 2016 Clinton Federal Credit Union SC Founders Federal Credit Union
Jun 1, 2016 Frontier Community Credit Union IA Peoples Credit Union
Jun 1, 2016 Akron Police Department Credit Union, Inc. OH Akron Fire Police Credit Union, Inc.
Jun 1, 2016 Farmers State Bank IN Horizon Bank
Jun 1, 2016 Pine Creek Federal Credit Union OR Hapo Community Credit Union
Jun 1, 2016 Puget Sound Federal Credit Union WA Qualstar Credit Union
Jun 1, 2016 San Francisco Municipal Railway Employees Federal Credit Union CA Unify Financial Federal Credit Union
Jun 1, 2016 Edison Financial Credit Union, Incorporated OH Cardinal Credit Union, Inc.
Jun 1, 2016 Calumet County Bank WI State Bank of Chilton
May 31, 2016 Burlington Bancshares, Inc. CO Burlington Holdings, Inc.
May 22, 2016 Employees Credit Union TN Ascend Federal Credit Union
May 21, 2016 ProAmerica Bank CA Pacific Commerce Bank
May 21, 2016 Associated Federal Credit Union IN Inova Federal Credit Union
May 21, 2016 Farmers Bancshares, Inc. KY First Cecilian Bancorp, Inc.
May 21, 2016 Central Bank MO First State Community Bank
May 21, 2016 First National Bank of the Lakes MN Bridgewater Bank
May 21, 2016 Leitchfield Deposit Bank & Trust Company KY The Cecilian Bank
May 21, 2016 The Farmers Bank KY The Cecilian Bank
May 21, 2016 Cheviot Savings Bank OH MainSource Bank
May 21, 2016 Cheviot Financial Corporation OH Mainsource Financial Group, Inc.
May 18, 2016 Cornerstone Community Bank FL Republic Bank & Trust Company
May 18, 2016 Forrest-Petal Educational Federal Credit Union MS Centuryfirst Federal Credit Union
May 18, 2016 Cornerstone Bancorp, Inc. FL Republic Bancorp, Inc.
May 17, 2016 Community Bank of Northern Wisconsin WI Ccfbank N.A.
May 16, 2016 Preston National Bank TX AccessBank Texas

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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