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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
Apr 1, 2017 Michaud Credit Union LA Hope Federal Credit Union
Apr 1, 2017 Battle Creek Area Community Federal Credit Union MI Honor Credit Union dba Honor Investment Services
Apr 1, 2017 East Hartford Federal Credit Union CT America's First Network Credit Union
Apr 1, 2017 Kyang Federal Credit Union KY Pentagon Federal Credit Union
Apr 1, 2017 Heritage Credit Union LA First Pioneers Federal Credit Union
Apr 1, 2017 Tioga Area Federal Credit Union PA First Heritage Federal Credit Union
Apr 1, 2017 Police Credit Union WI Capital Credit Union
Apr 1, 2017 American Federal Credit Union CA Nuvision Federal Credit Union
Apr 1, 2017 Teamsters Local 222 Federal Credit Union UT Utah First Federal Credit Union
Apr 1, 2017 Windsor County South Credit Union VT 802 Credit Union
Apr 1, 2017 Hanna Employees Federal Credit Union WI Educators Credit Union
Apr 1, 2017 Distinguished Service Credit Union, Inc. OH Cardinal Credit Union, Inc.
Apr 1, 2017 B and W Mississippi Employees Federal Credit Union MS Hope Federal Credit Union
Mar 1, 2017 Chevron Valley Credit Union CA Safe 1 Credit Union
Mar 1, 2017 Tri Ag Federal Credit Union PA American Heritage Federal Credit Union
Mar 1, 2017 Hudson Municipal Employees Federal Credit Union MA RTN Federal Credit Union
Mar 1, 2017 Union Wallowa Baker Federal Credit Union OR Old West Federal Credit Union
Mar 1, 2017 Martin Federal Credit Union FL Midflorida Credit Union
Mar 1, 2017 Valor Federal Credit Union PA Pentagon Federal Credit Union
Mar 1, 2017 North Island Financial Credit Union CA California Federal Credit Union
Feb 28, 2017 Colgate Employees Federal Credit Union NJ Proponent Federal Credit Union
Feb 1, 2017 Danville Bell Credit Union IL Credit Union 1
Feb 1, 2017 United Credit Union IN Via Credit Union
Feb 1, 2017 Westmoreland Federal Employees Federal Credit Union PA Pheple Federal Credit Union
Feb 1, 2017 Axton Federal Credit Union KY Autotruck Financial 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
Dec 31, 2017 Mizuho Trust & Banking Co. USA NY Mizuho Bank (USA)
Dec 31, 2017 The First and Farmers Bank Holding Company ND Full Service Insurance Agency, Inc.
Dec 31, 2017 Unified People's Federal Credit Union WY Nuvision Federal Credit Union
Dec 31, 2017 Transfiguration Manhattan Federal Credit Union NY New York Times Employees Federal Credit Union
Dec 30, 2017 Meetinghouse Bank MA East Boston Savings Bank
Dec 30, 2017 Meetinghouse Bancorp Inc MA Meridian Bancorp, Inc.
Dec 29, 2017 Pbna, L.L.C. DE Peoples Bank
Dec 28, 2017 New Frontier Bancshares, Inc. MO Lincoln County Bancorp, Inc.
Dec 16, 2017 Carolina Premier Bank NC Select Bank & Trust Company
Dec 16, 2017 Premara Financial, Inc. NC Select Bancorp Inc.
Dec 16, 2017 Harbor Area Postal Employees Federal Credit Union CA Arrowhead Federal Credit Union
Dec 15, 2017 Royal Bancshares of Pennsylvania, Inc. PA Bryn Mawr Bank Corporation
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 Valley Bancorp, Inc. CO Triumph Financial, Inc.
Dec 9, 2017 Dutton State Bank MT The State Bank of Townsend
Dec 7, 2017 Saint Martin Bancshares, Inc. LA Home Bancorp, Inc.
Dec 7, 2017 NFB Acquisitions, Inc. MO New Frontier Bancshares, Inc.
Dec 7, 2017 St. Martin Bank and Trust Company LA Home Bank, N.A.
Dec 2, 2017 Peoples Bank of Commerce MN First Bank & Trust
Dec 2, 2017 State Bank of New Prague MN First Bank & Trust
Dec 2, 2017 Guaranty Bank and Trust Company IA Cedar Rapids Bank and Trust Company
Dec 2, 2017 Meadows Credit Union IL Consumers Credit Union
Dec 1, 2017 MY Choice Federal Credit Union OK Tinker Federal Credit Union
Dec 1, 2017 Park Sterling Corporation NC SouthState Bank Corporation
Dec 1, 2017 Capital Bank Financial Corp. NC First Horizon Corporation
Dec 1, 2017 Capital Bank Corporation NC First Horizon Bank
Dec 1, 2017 Liberty Bancshares, Inc. TX Veritex Holdings, Inc.
Dec 1, 2017 Park Sterling Bank NC South State Bank
Dec 1, 2017 Diboll State Bancshares, Inc. TX Southside Bancshares, Inc.
Dec 1, 2017 Boj Bancshares, Inc. LA Investar Holding Corporation
Dec 1, 2017 Lakeshore Community Credit Union OH Lormet Community Federal Credit Union
Dec 1, 2017 Saint Jules Credit Union LA Pelican Credit Union
Dec 1, 2017 Southeast Federal Credit Union SC Peach State Federal Credit Union
Dec 1, 2017 Toledo Teamsters Federal Credit Union OH Directions Credit Union
Dec 1, 2017 Liberty Bank TX Veritex Community Bank
Dec 1, 2017 Virginia Boxer Federal Credit Union VA Connects Federal Credit Union
Dec 1, 2017 First Bank & Trust East Texas TX Southside Bank
Dec 1, 2017 The Highlands Bank LA Investar Bank, N.A.
Dec 1, 2017 Danville City Employees Federal Credit Union VA Beacon Credit Union Incorporated
Dec 1, 2017 Philadelphia Post Office Employees Credit Union PA Delco Postal Cu
Dec 1, 2017 Dennison Federal Credit Union MI Bloom Credit Union
Dec 1, 2017 Good Street Baptist Church Federal Credit Union TX Neighborhood Credit Union
Dec 1, 2017 Rafe Federal Credit Union CA Financial Partners Credit Union
Dec 1, 2017 Webster City Municipal Credit Union IA Peoples Credit Union
Dec 1, 2017 Pacific Community Credit Union CA Credit Union of Southern California, a Federal Credit Union
Dec 1, 2017 Clearchoice Federal Credit Union PA Utilities Employees Credit Union
Nov 29, 2017 Community Bancshares Coast, Inc. MS Community Bancshares of Mississippi, Inc.
Nov 27, 2017 Farmers State Bank NE Nebraska Bank
Nov 21, 2017 Bank of Napa, N.A. CA Bank of Marin

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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