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
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2017 | Mizuho Trust & Banking Co. USA | — | Mizuho Bank (USA) |
| Dec 30, 2017 | Meetinghouse Bank | — | East Boston Savings Bank |
| Dec 16, 2017 | Carolina Premier Bank | — | Select Bank & Trust Company |
| Dec 15, 2017 | Royal Bank America | — | The Bryn Mawr Trust Company |
| Dec 9, 2017 | Valley Bank & Trust | — | TBK Bank, SSB |
| Dec 9, 2017 | Dutton State Bank | — | The State Bank of Townsend |
| Dec 7, 2017 | St. Martin Bank and Trust Company | — | Home Bank, N.A. |
| Dec 2, 2017 | Guaranty Bank and Trust Company | — | Cedar Rapids Bank and Trust Company |
| Dec 2, 2017 | Peoples Bank of Commerce | — | First Bank & Trust |
| Dec 2, 2017 | State Bank of New Prague | — | First Bank & Trust |
| Dec 1, 2017 | Liberty Bank | — | Veritex Community Bank |
| Dec 1, 2017 | Park Sterling Bank | — | South State Bank |
| Dec 1, 2017 | The Highlands Bank | — | Investar Bank, N.A. |
| Dec 1, 2017 | First Bank & Trust East Texas | — | Southside Bank |
| Dec 1, 2017 | Capital Bank Corporation | — | First Horizon Bank |
Credit union mergers in 2017
206 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2017.
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 | Acquirer |
|---|---|---|
| Jun 7, 2017 | Kaw Valley Bancorp, Inc. | Topeka Bancorp, Inc. |
| Jun 5, 2017 | Arlington Hotel Federal Credit Union | Clearway Federal Credit Union |
| Jun 3, 2017 | The Hamlin Financial Corporation | Vista Bancshares, Inc. |
| Jun 3, 2017 | Hamlin National Bank | Vista Bank |
| Jun 3, 2017 | Farmers Bank | Southern Bancorp Bank |
| Jun 2, 2017 | Spencer Bancorporation, Inc. | Stratford Bancshares, Inc. |
| Jun 1, 2017 | Alterra Bank | First Business Bank |
| Jun 1, 2017 | Jax Metro Credit Union | Self-Help Credit Union |
| Jun 1, 2017 | First Business Bank-Milwaukee | First Business Bank |
| Jun 1, 2017 | First Guaranty Bank | The First Commonwealth Bank of Prestonsburg, Inc. |
| Jun 1, 2017 | Central Bank of Jefferson County | Central Bank & Trust Company |
| Jun 1, 2017 | Mackinac Savings Bank, F.S.B. | Ithink Financial Credit Union |
| Jun 1, 2017 | I F F Employees Federal Credit Union | United Teletech Financial Federal Credit Union |
| Jun 1, 2017 | First Choice Credit Union Inc | Superior Credit Union Inc |
| Jun 1, 2017 | Suntide Federal Credit Union | Pentagon Federal Credit Union |
| Jun 1, 2017 | Shoreline Federal Credit Union | Community Choice Credit Union |
| Jun 1, 2017 | Fire Department Credit Union | Indianhead Credit Union |
| Jun 1, 2017 | Arch Community Credit Union | Alliance Credit Union |
| Jun 1, 2017 | Augusta Metro Federal Credit Union | Pentagon Federal Credit Union |
| May 31, 2017 | Bally Savings Bank | Ambler Savings Bank |
| May 31, 2017 | Cascade Bancorp | First Interstate Bancsystem, Inc. |
| May 24, 2017 | Georgetown Bank | Salem Five Cents Savings Bank |
| May 24, 2017 | Georgetown Bancorp, Inc. | Salem Five Bancorp |
| May 20, 2017 | The Arlington Bank | First Merchants Bank |
| May 19, 2017 | Northwell Health Federal Credit Union | Fourleaf Federal Credit Union |
| May 16, 2017 | Hardeman County Investment Company, Inc. | Simmons First National Corporation |
| May 13, 2017 | First Financial Bank | First United Bank |
| May 13, 2017 | The First National Bank in Wadena | Wadena State Bank |
| May 13, 2017 | The Edgartown National Bank | Rockland Trust Company |
| May 13, 2017 | Merchants Bank | Community Bank, N.A. |
| May 13, 2017 | Island Bancorp, Inc. | Independent Bank Corp. |
| May 13, 2017 | Merchants Bancshares, Inc. | Community Financial System, Inc. |
| May 6, 2017 | Bank of Nebraska | Access Bank |
| May 1, 2017 | Gateway Bank of Central Florida | SouthState Bank, N.A. |
| May 1, 2017 | TFB Bancorp, Inc. | Glacier Bancorp, Inc. |
| May 1, 2017 | Gateway Bank of Southwest Florida | SouthState Bank, N.A. |
| May 1, 2017 | A.G. Edwards Capital, Inc. | Wells Fargo & Company |
| May 1, 2017 | Gateway Financial Holdings of Florida, Inc. | Centerstate Bank Corporation |
| May 1, 2017 | Gateway Bank of Florida | SouthState Bank, N.A. |
| May 1, 2017 | FCB Bancorp, Inc. | Mainsource Financial Group, Inc. |
| May 1, 2017 | The Foothills Bank | Glacier Bank |
| May 1, 2017 | Wachovia Community Development Corporation | Wells Fargo & Company |
| May 1, 2017 | First Union Community Development Corporation | Wells Fargo & Company |
| May 1, 2017 | First Baptist Church of Darby Federal Credit Union | American Heritage Federal Credit Union |
| May 1, 2017 | Henry State Bank | Midamerica National Bank |
| May 1, 2017 | Michigan Community Credit Union | Community Choice Credit Union |
| May 1, 2017 | Hawaii National Guard Federal Credit Union | Aloha Pacific Federal Credit Union |
| May 1, 2017 | Landmark Credit Union | Greylock Federal Credit Union |
| May 1, 2017 | Employment Security Credit Union | Tennessee Employees Credit Union |
| May 1, 2017 | Collegeville Community Credit Union | Magnifi Financial Credit Union |
Bank mergers by year
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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