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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
May 1, 2017 Emc Credit Union IA Community Choice Credit Union
May 1, 2017 Miramar Federal Credit Union CA Pentagon Federal Credit Union
May 1, 2017 Employment Security Employees Credit Union KS 1st Kansas Credit Union
May 1, 2017 Triangle Credit Union, Inc. OH Day Air Credit Union, Inc.
May 1, 2017 Perry Point Federal Credit Union MD Central Credit Union of Maryland
May 1, 2017 Hingham Federal Credit Union MA Liberty Bay Credit Union
May 1, 2017 West Denver Community Credit Union CO Denver Community Credit Union dba Zing Credit Union
May 1, 2017 Manor Bank PA NexTier Bank, N.A.
Apr 29, 2017 The First National Bank - Fox Valley WI Nicolet National Bank
Apr 29, 2017 Merit Bank KS Academy Bank, N.A.
Apr 29, 2017 First Ulb Corp. CA Baycom Corp
Apr 29, 2017 United Business Bank, F.S.B. CA United Business Bank
Apr 29, 2017 First Menasha Bancshares, Inc. WI Nicolet Bankshares, Inc.
Apr 22, 2017 Prospect Federal Savings Bank IL Hoyne Savings Bank
Apr 22, 2017 The State Bank of Ewen MI Gogebic Range Bank
Apr 22, 2017 Cardinal Bank VA United Bank
Apr 22, 2017 Cardinal Financial Corporation VA Ubv Holding Company, LLC
Apr 22, 2017 Westfield Area Federal Credit Union NY North East Welch Federal Credit Union
Apr 8, 2017 Muleshoe State Bank TX AIMBank
Apr 8, 2017 Allegheny Valley Bank of Pittsburgh PA Standard Bank
Apr 8, 2017 Gulfshore Bancshares, Inc. FL Seacoast Banking Corporation of Florida
Apr 8, 2017 Gulfshore Bank FL Seacoast National Bank
Apr 8, 2017 Integrity First Bank WI Incrediblebank
Apr 8, 2017 RB Bancorporation AL Trustmark Corporation
Apr 8, 2017 Reliance Bank AL Trustmark Bank
Apr 8, 2017 High Plains Bancshares, Inc. TX Aim Bancshares, Inc.
Apr 8, 2017 Allegheny Valley Bancorp, Inc. PA Standard Avb Financial Corp.
Apr 8, 2017 Woodhaven Bank TX Pinnacle Bank
Apr 6, 2017 Saint James Public Schools Federal Credit Union MN Northern Energy Federal Credit Union
Apr 3, 2017 The Delaware County Bank and Trust Company OH First Commonwealth Bank
Apr 3, 2017 DCB Financial Corp OH First Commonwealth Financial Corporation
Apr 1, 2017 Hanna Employees Federal Credit Union WI Educators Credit Union
Apr 1, 2017 Platinum Bank Holding Company FL Centerstate Bank Corporation
Apr 1, 2017 Carlile Bancshares, Inc. TX Independent Bank Group, Inc.
Apr 1, 2017 Virginia Bancorp, Inc. VA Bay Banks of Virginia, Inc.
Apr 1, 2017 Pinnacle Bank AR Central Bank
Apr 1, 2017 Platinum Bank FL SouthState Bank, N.A.
Apr 1, 2017 Heritage Oaks Bancorp CA Pacific Premier Bancorp, Inc.
Apr 1, 2017 Middleburg Financial Corporation VA Access National Corporation
Apr 1, 2017 C.F.C. Bancorp, Inc. MI Northern Interstate Financial, Inc.
Apr 1, 2017 Suffolk Bancorp NY People's United Financial, Inc.
Apr 1, 2017 Msa Employees Federal Credit Union PA Elliott Community Federal Credit Union
Apr 1, 2017 Michaud Credit Union LA Hope Federal Credit Union
Apr 1, 2017 Touchstone Federal Credit Union MA Hanscom 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 The Suffolk County National Bank of Riverhead NY People's United Bank, National Association
Apr 1, 2017 Heritage Oaks Bank CA Pacific Premier Bank, National Association
Apr 1, 2017 First Illinois Bank IL Lindell Bank & Trust Company

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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