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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
Jul 1, 2017 First Illinois Credit Union IL Vibrant Credit Union
Jul 1, 2017 Granite Hills Credit Union VT North Country Federal Credit Union
Jul 1, 2017 E. S. C. U. Federal Credit Union OH Glass City Federal Credit Union
Jul 1, 2017 Immaculate Conception Fall River Federal Credit Union MA Southcoast Federal Credit Union
Jul 1, 2017 Lubbock Teachers Federal Credit Union TX Texas Tech Federal Credit Union
Jul 1, 2017 Pennington Municipal & County Credit Union MN Soo Select Credit Union
Jul 1, 2017 Colfax School Employees Credit Union NM High Desert Community Credit Union
Jul 1, 2017 Agility Financial Credit Union TN Memphis City Employees Credit Union
Jul 1, 2017 Peoples Community Credit Union MN Blaze Credit Union
Jul 1, 2017 Amoco East Texas Federal Credit Union TX Barksdale Federal Credit Union
Jul 1, 2017 Community First Credit Union CA Community First Credit Union
Jul 1, 2017 Fairfax City Federal Credit Union VA The Partnership Federal Credit Union
Jul 1, 2017 Northern Tier Federal Credit Union ND North Star Community Credit Union
Jul 1, 2017 Encore Federal Credit Union IL Consumers Credit Union
Jul 1, 2017 Kalamazoo Building Trades Credit Union MI Kalsee Credit Union
Jul 1, 2017 Harbor Credit Union WI Fox Communities Credit Union
Jul 1, 2017 West Coast Federal Employees Credit Union FL Usf Federal Credit Union
Jul 1, 2017 Scenic Falls Federal Credit Union ID Lookout Federal Credit Union
Jun 30, 2017 Musicians' Interguild Credit Union CA Sag-Aftra Federal Credit Union
Jun 30, 2017 Canton Police & Firemen's Credit Union OH Community One Credit Union of Ohio, Inc.
Jun 30, 2017 K&E Employees Federal Credit Union NJ Hoboken NJ Police Federal Credit Union
Jun 16, 2017 Richmond County Health Department Employees Credit Union GA SRP Federal Credit Union
Jun 8, 2017 Public Service Sewaren Federal Credit Union NJ Public Service Federal Credit Union
Jun 5, 2017 Arlington Hotel Federal Credit Union AR Clearway Federal Credit Union
Jun 1, 2017 Arch Community Credit Union MO Alliance 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
Nov 1, 2017 Financial Benefits Credit Union CA Financial Partners Credit Union
Nov 1, 2017 The Braintree Co-operative Bank MA South Shore Bank
Nov 1, 2017 Cinco Family Financial Center Credit Union OH Superior Credit Union Inc
Nov 1, 2017 Tri-Rivers Federal Credit Union AL Hope Federal Credit Union
Nov 1, 2017 Saint Landry Parish Federal Credit Union LA Pelican Credit Union
Nov 1, 2017 Scientific Research Partner's Credit Union (Srpcu) MO Mazuma Credit Union
Nov 1, 2017 East Haven Municipal Employees Credit Union CT America's First Network Credit Union
Oct 28, 2017 Castle Rock Bank Holding Company CO Guaranty Bancorp
Oct 28, 2017 Waupaca Bancorporation, Inc. WI Bank First Corporation
Oct 28, 2017 Castle Rock Bank CO Guaranty Bank and Trust Company
Oct 28, 2017 First National Bank WI Bank First, N.A.
Oct 27, 2017 Far East National Bank CA Cathay Bank
Oct 27, 2017 New York State Employees Federal Credit Union NY Palisades Federal Credit Union
Oct 27, 2017 Bridgeport Fairfield Teachers Federal Credit Union CT General Electric Employees Federal Credit Union
Oct 25, 2017 Pembina County Bankshares, Ltd. ND Koda Bancor, Inc.
Oct 24, 2017 Lane Memorial Federal Credit Union LA GP Louisiana Federal Credit Union
Oct 21, 2017 First County Bank IL FCB Banks
Oct 21, 2017 First State Bank IA Community State Bank
Oct 21, 2017 Ripley Federal Savings Bank OH Southern Hills Community Bank
Oct 21, 2017 Cu Bancorp CA PacWest Bancorp
Oct 21, 2017 NorthStar Bank FL Seacoast National Bank
Oct 21, 2017 Northstar Banking Corporation FL Seacoast Banking Corporation of Florida
Oct 21, 2017 California United Bank CA Banc of California
Oct 21, 2017 Cornerstone National Bank SC First Community Bank
Oct 21, 2017 Cornerstone Bancorp SC First Community Corporation
Oct 21, 2017 Little Sioux Bancshares, Inc. IA Community State Bancorporation
Oct 20, 2017 First Texas BHC, Inc. TX Simmons First National Corporation
Oct 20, 2017 Southwest Bancorp, Inc. OK Simmons First National Corporation
Oct 19, 2017 S M Federal Credit Union PA American Heritage Federal Credit Union
Oct 17, 2017 Wolverine Bancorp, Inc. MI Horizon Bancorp, Inc.
Oct 17, 2017 Portsmouth Virginia City Employees Federal Credit Union VA Chartway Federal Credit Union
Oct 17, 2017 Wolverine Bank, Federal Savings Bank MI Horizon Bank
Oct 14, 2017 Commerce Bancshares Corp. MA Beacon Financial Corporation
Oct 14, 2017 Nashwauk Federal Credit Union MN North Star Credit Union
Oct 14, 2017 Commerce Bank & Trust Company MA Berkshire Bank
Oct 7, 2017 Arthur Bancshares Corp. IL Hometown Community Bancorp, Inc.
Oct 7, 2017 State Bank of Arthur IL Morton Community Bank
Oct 7, 2017 Midstate Community Bank MD Rosedale Bank
Oct 4, 2017 Financial Enterprises, Inc. MO Ozarks Heritage Financial Group, Inc
Oct 3, 2017 Apex Community Federal Credit Union PA American Heritage Federal Credit Union
Oct 2, 2017 Astoria Financial Corporation NY Sterling Bancorp
Oct 2, 2017 Mid Illinois Bancorp, Inc. IL First Busey Corporation
Oct 2, 2017 Chelten Hills Savings Bank PA Penn Community Bank
Oct 2, 2017 Astoria Bank NY Sterling National Bank
Oct 2, 2017 Integrus Credit Union IA Vibrant Credit Union
Oct 2, 2017 Morgan Federal Bank CO Golden Belt Bank, FSA
Oct 2, 2017 I E C Federal Credit Union IL Cooperative Choice Network Credit Union
Oct 1, 2017 Ojai Community Bank CA Bank of the Sierra
Oct 1, 2017 First Insurance Funding Corp. of California IL Lake Forest Bank & Trust Company, N.A.
Oct 1, 2017 Ocb Bancorp CA Sierra Bancorp

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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