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.
| Effective | Merged credit union | Surviving institution |
|---|---|---|
| Jan 1, 2017 | Roslyn Catholic Federal Credit Union | Honeywell Philadelphia Division Federal Credit Union |
| Jan 1, 2017 | Knoxville News-Sentinel Employee Credit Union | New South Credit Union |
| Jan 1, 2017 | Health Care Credit Union | Goldenwest Federal Credit Union |
| Jan 1, 2017 | Nabisco Employees Credit Union | Henrico Federal Credit Union |
| Jan 1, 2017 | Area Credit Union | K.C. Area Credit Union |
| Jan 1, 2017 | Champaign Municipal Employees Credit Union | Credit Union 1 |
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 |
|---|---|---|
| Apr 1, 2017 | Heritage Credit Union | First Pioneers Federal Credit Union |
| Apr 1, 2017 | Tioga Area Federal Credit Union | First Heritage Federal Credit Union |
| Apr 1, 2017 | Police Credit Union | Capital Credit Union |
| Apr 1, 2017 | American Federal Credit Union | Nuvision Federal Credit Union |
| Apr 1, 2017 | First Federal Savings and Loan Association of Wakeeney | Lyons Federal Bank |
| Apr 1, 2017 | Teamsters Local 222 Federal Credit Union | Utah First Federal Credit Union |
| Apr 1, 2017 | The State Bank of Texas | Post Oak Bank, N.A. |
| Apr 1, 2017 | The Middleburg Bank | Access National Bank |
| Apr 1, 2017 | Northstar Bank | Independent Bank |
| Apr 1, 2017 | First Century Bank, Inc. | Summit Community Bank, Inc |
| Apr 1, 2017 | Windsor County South Credit Union | 802 Credit Union |
| Apr 1, 2017 | Virginia Commonwealth Bank | Virginia Commonwealth Bank |
| Apr 1, 2017 | Horizon Bank | Peoples Independent Bank |
| Apr 1, 2017 | North Middlesex Savings Bank | Main Street Bank |
| Apr 1, 2017 | Distinguished Service Credit Union, Inc. | Cardinal Credit Union, Inc. |
| Apr 1, 2017 | B and W Mississippi Employees Federal Credit Union | Hope Federal Credit Union |
| Apr 1, 2017 | Holbrook Co-operative Bank | Abington Bank |
| Apr 1, 2017 | First National Bank of Crystal Falls | Northern Interstate Bank, N.A. |
| Mar 31, 2017 | Ibi Liquidating Corporation | Integrity Bancshares, Inc. |
| Mar 30, 2017 | Wells Fargo Financial Services, LLC | Wells Fargo & Company |
| Mar 25, 2017 | Reelfoot Bank | Security Bank and Trust Company |
| Mar 25, 2017 | Farmers State Bancshares II, Inc. | Farmers State Bancshares, Inc. |
| Mar 25, 2017 | Progressive-Home Federal Savings and Loan Association | Dollar Bank, Federal Savings Bank |
| Mar 25, 2017 | Farmers State Bank, Spencer | Nebraska Bank |
| Mar 24, 2017 | Corestates Holdings, Inc. | Wells Fargo & Company |
| Mar 24, 2017 | The Pleasant Hill Bank | Goppert Financial Bank |
| Mar 18, 2017 | The Bank of Harlan | Monticello Banking Company |
| Mar 18, 2017 | Greer Bancshares Incorporated | Carolina Financial Corporation |
| Mar 18, 2017 | Greer State Bank | CresCom Bank |
| Mar 18, 2017 | First Farmers Bank and Trust Company | Citizens Union Bank of Shelbyville |
| Mar 18, 2017 | First Clover Leaf Bank, National Association | First Mid Bank & Trust, N.A. |
| Mar 11, 2017 | Yadkin Bank | First National Bank of Pennsylvania |
| Mar 11, 2017 | Yadkin Financial Corporation | F.N.B. Corporation |
| Mar 11, 2017 | Valley Commerce Bancorp | CVB Financial Corp. |
| Mar 11, 2017 | Valley Business Bank | Citizens Business Bank, N.A. |
| Mar 11, 2017 | Prairie State Bancshares, Inc. | Equity Bancshares, Inc. |
| Mar 11, 2017 | State Bank | Equity Bank |
| Mar 8, 2017 | Insignia Bank | Stonegate Bank |
| Mar 6, 2017 | Palco Bankshares, Inc. | Astra Financial Group, Inc. |
| Mar 6, 2017 | Midwest Community Bank | Astra Bank |
| Mar 4, 2017 | Carolina Bank Holdings, Inc. | First Bancorp |
| Mar 4, 2017 | Twin Lakes Community Bank | Anstaff Bank |
| Mar 4, 2017 | Carolina Bank | First Bank |
| Mar 1, 2017 | Founders Bancorp | Heartland Financial USA, Inc. |
| Mar 1, 2017 | Founders Community Bank | Premier Valley Bank |
| Mar 1, 2017 | The Bank of Commerce | Centennial Bank |
| Mar 1, 2017 | Union Wallowa Baker Federal Credit Union | Old West Federal Credit Union |
| Mar 1, 2017 | Martin Federal Credit Union | Midflorida Credit Union |
| Mar 1, 2017 | Valor Federal Credit Union | Pentagon Federal Credit Union |
| Mar 1, 2017 | North Island Financial Credit Union | California Federal 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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