Skip to main content

Mergers by Year

Bank Mergers in 2017

238 banks were acquired or merged into another institution in 2017, and 206 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 608 merger records in 2017 against 655 in 2016.

238
Banks acquired
2 bought by a credit union
206
Credit unions merged
NIC, credit unions as the acquired side
132
Holding companies
Bank holding companies merged
608
All merger records
2017 in US banking ›

Largest bank mergers of 2017

Ranked by the acquired bank's total assets at its last call report before the effective date.

Effective Acquired bank State Assets Acquirer
Dec 31, 2017 Mizuho Trust & Banking Co. USA NY — Mizuho Bank (USA)
Dec 30, 2017 Meetinghouse Bank MA — East Boston Savings Bank
Dec 16, 2017 Carolina Premier Bank NC — Select Bank & Trust Company
Dec 15, 2017 Royal Bank America PA — The Bryn Mawr Trust Company
Dec 9, 2017 Valley Bank & Trust CO — TBK Bank, SSB
Dec 9, 2017 Dutton State Bank MT — The State Bank of Townsend
Dec 7, 2017 St. Martin Bank and Trust Company LA — Home Bank, N.A.
Dec 2, 2017 Guaranty Bank and Trust Company IA — Cedar Rapids Bank and Trust Company
Dec 2, 2017 Peoples Bank of Commerce MN — First Bank & Trust
Dec 2, 2017 State Bank of New Prague MN — First Bank & Trust
Dec 1, 2017 Liberty Bank TX — Veritex Community Bank
Dec 1, 2017 Park Sterling Bank NC — South State Bank
Dec 1, 2017 The Highlands Bank LA — Investar Bank, N.A.
Dec 1, 2017 First Bank & Trust East Texas TX — Southside Bank
Dec 1, 2017 Capital Bank Corporation NC — First Horizon Bank

Biggest bank failures by assets ›

Credit union mergers in 2017

206 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2017.

Effective Merged credit union State Surviving institution
Oct 1, 2017 Saint Elizabeth Employees Credit Union WI Community First Credit Union
Oct 1, 2017 Qualtrust Credit Union TX Texas Trust Credit Union
Oct 1, 2017 Elizabeth Postal Employees Credit Union NJ Community Financial Services Federal Credit Union
Oct 1, 2017 Credit Union One, Inc. OH Seven Seventeen Credit Union Inc
Oct 1, 2017 Group Service Employees Federal Credit Union OK Lifetime Federal Credit Union
Oct 1, 2017 Narc Federal Credit Union MD Agriculture Federal Credit Union
Oct 1, 2017 North Georgia Community Federal Credit Union GA Coosa Valley Credit Union
Oct 1, 2017 Baraboo Municipal Employees Credit Union WI Summit Credit Union
Oct 1, 2017 General Credit Union IN Partners 1st Federal Credit Union
Oct 1, 2017 D'Puc Credit Union IL Credit Union 1
Oct 1, 2017 Electric Energy Inc. Employees Credit Union IL Vibrant Credit Union
Sep 30, 2017 Philadelphia Gas Works Employees Federal Credit Union PA Eagle One Federal Credit Union
Sep 30, 2017 Sandusky Ohio Edison Employees Federal Credit Union OH Vacationland Federal Credit Union
Sep 30, 2017 Badger Credit Union WI N.E.W. Credit Union
Sep 30, 2017 Menominee Area Credit Union MI Covantage Credit Union
Sep 30, 2017 Acume Credit Union NJ Garden State Federal Credit Union
Sep 30, 2017 U of P Federal Credit Union PA Penn Federal Credit Union
Sep 29, 2017 Frontier Financial Credit Union NV Greater Nevada Credit Union
Sep 1, 2017 Peru Municipal Credit Union IL Illinois Valley Credit Union
Sep 1, 2017 Standard Steel Employees Federal Credit Union PA Blue Chip Federal Credit Union
Sep 1, 2017 Triple C 16 Federal Credit Union MD LM Federal Credit Union
Sep 1, 2017 Financial Federal Credit Union FL Tropical Financial Credit Union
Sep 1, 2017 Saint Stephens Federal Credit Union TX Our Mother of Mercy Parish Houston Federal Credit Union
Sep 1, 2017 Valley Bell Federal Credit Union WV Members Choice WV Federal Credit Union
Sep 1, 2017 West Maui Community Federal Credit Union HI Maui County Federal Credit Union

Credit union directory ›

Every merger recorded in 2017

608 NIC merger records in 2017 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Jan 6, 2017 The Murray State Bank NE Cornerstone Bank
Jan 6, 2017 Swedlund Management Company NE First York Ban Corp.
Jan 4, 2017 Southeastern Bank Financial Corporation GA SouthState Bank Corporation
Jan 4, 2017 Georgia Bank & Trust Company of Augusta GA South State Bank
Jan 1, 2017 S Bankshares, Inc. GA State Bank Financial Corporation
Jan 1, 2017 Financial Shares, Inc. KS Financial Shares, Inc.
Jan 1, 2017 S&S M H Employees Federal Credit Union PA First Heritage Federal Credit Union
Jan 1, 2017 Employees First Credit Union MN Ideal Credit Union
Jan 1, 2017 Mason State Bank MI Commercial Bank
Jan 1, 2017 Iberville Bank LA The First Bank
Jan 1, 2017 Housatonic Teachers Federal Credit Union CT Nutmeg State Financial Credit Union
Jan 1, 2017 The Mission Bank KS Security Bank of Kansas City
Jan 1, 2017 Christopher Credit Union MI United Financial Credit Union
Jan 1, 2017 Polonia Bank PA Prudential Bank
Jan 1, 2017 Valley Community Credit Union VA Valleystar Credit Union
Jan 1, 2017 Water-Light Credit Union WI Indianhead Credit Union
Jan 1, 2017 Champaign Municipal Employees Credit Union IL Credit Union 1
Jan 1, 2017 Area Credit Union KS K.C. Area Credit Union
Jan 1, 2017 First Bank of Missouri MO Security Bank of Kansas City
Jan 1, 2017 Bank of Lee's Summit MO Security Bank of Kansas City
Jan 1, 2017 Automatic Data Processing Federal Credit Union NJ Unify Financial Federal Credit Union
Jan 1, 2017 Douglas County Credit Union WI Indianhead Credit Union
Jan 1, 2017 Lake Superior Refinery Credit Union WI Indianhead Credit Union
Jan 1, 2017 Catholic Credit Union WI Indianhead Credit Union
Jan 1, 2017 Energy Federal Credit Union MD Pentagon Federal Credit Union
Jan 1, 2017 Harbor Federal Credit Union CA Southland Credit Union
Jan 1, 2017 Dow Northeast Employees Federal Credit Union PA Trumark Credit Union
Jan 1, 2017 Greensburg State Bank KS SJN Bank of Kansas
Jan 1, 2017 Community State Bank MI The State Bank
Jan 1, 2017 Manatrol Division Employees Credit Union, Inc. OH Acme Federal Credit Union
Jan 1, 2017 Jeffco Federal Credit Union CO Space Age Credit Union
Jan 1, 2017 West Holmes School Employees Credit Union, Inc. OH Directions Credit Union
Jan 1, 2017 Bank @Lantec VA Dollar Bank, Federal Savings Bank
Jan 1, 2017 Citizens State Bank KS Security Bank of Kansas City
Jan 1, 2017 McKenzie Valley Federal Credit Union OR Emerald Empire Federal Credit Union
Jan 1, 2017 Carroll County Schools Employees Federal Credit Union VA First NRV Federal Credit Union
Jan 1, 2017 Nabisco Employees Credit Union VA Henrico Federal Credit Union
Jan 1, 2017 S Bank GA State Bank and Trust Company
Jan 1, 2017 Roslyn Catholic Federal Credit Union PA Honeywell Philadelphia Division Federal Credit Union
Jan 1, 2017 Valley View State Bank KS Security Bank of Kansas City
Jan 1, 2017 Knoxville News-Sentinel Employee Credit Union TN New South Credit Union
Jan 1, 2017 Industrial State Bank KS Security Bank of Kansas City
Jan 1, 2017 Health Care Credit Union UT Goldenwest Federal Credit Union
Jan 1, 2017 Progressive National Financial Corporation LA Caldwell Holding Company
Jan 1, 2017 Trisummit Bancorp, Inc. TN HomeTrust Bancshares, Inc.
Jan 1, 2017 Polonia Bancorp, Inc PA Prudential Bancorp, Inc.
Jan 1, 2017 TriSummit Bank TN HomeTrust Bank
Jan 1, 2017 Private Bancshares, Inc. GA National Commerce Corporation
Jan 1, 2017 Private Bank of Buckhead GA National Bank of Commerce
Jan 1, 2017 Nature Coast Bank FL Drummond Community 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.

Explore: all mergers · 2017 bank events · browse by acquirer · bank failures · all events