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 |
|---|---|---|
| Nov 1, 2017 | Financial Benefits Credit Union | Financial Partners Credit Union |
| Nov 1, 2017 | The Braintree Co-operative Bank | South Shore Bank |
| Nov 1, 2017 | Cinco Family Financial Center Credit Union | Superior Credit Union Inc |
| Nov 1, 2017 | Tri-Rivers Federal Credit Union | Hope Federal Credit Union |
| Nov 1, 2017 | Saint Landry Parish Federal Credit Union | Pelican Credit Union |
| Nov 1, 2017 | Scientific Research Partner's Credit Union (Srpcu) | Mazuma Credit Union |
| Nov 1, 2017 | East Haven Municipal Employees Credit Union | America's First Network Credit Union |
| Oct 28, 2017 | Castle Rock Bank Holding Company | Guaranty Bancorp |
| Oct 28, 2017 | Waupaca Bancorporation, Inc. | Bank First Corporation |
| Oct 28, 2017 | Castle Rock Bank | Guaranty Bank and Trust Company |
| Oct 28, 2017 | First National Bank | Bank First, N.A. |
| Oct 27, 2017 | Far East National Bank | Cathay Bank |
| Oct 27, 2017 | New York State Employees Federal Credit Union | Palisades Federal Credit Union |
| Oct 27, 2017 | Bridgeport Fairfield Teachers Federal Credit Union | General Electric Employees Federal Credit Union |
| Oct 25, 2017 | Pembina County Bankshares, Ltd. | Koda Bancor, Inc. |
| Oct 24, 2017 | Lane Memorial Federal Credit Union | GP Louisiana Federal Credit Union |
| Oct 21, 2017 | First County Bank | FCB Banks |
| Oct 21, 2017 | First State Bank | Community State Bank |
| Oct 21, 2017 | Ripley Federal Savings Bank | Southern Hills Community Bank |
| Oct 21, 2017 | Cu Bancorp | PacWest Bancorp |
| Oct 21, 2017 | NorthStar Bank | Seacoast National Bank |
| Oct 21, 2017 | Northstar Banking Corporation | Seacoast Banking Corporation of Florida |
| Oct 21, 2017 | California United Bank | Banc of California |
| Oct 21, 2017 | Cornerstone National Bank | First Community Bank |
| Oct 21, 2017 | Cornerstone Bancorp | First Community Corporation |
| Oct 21, 2017 | Little Sioux Bancshares, Inc. | Community State Bancorporation |
| Oct 20, 2017 | First Texas BHC, Inc. | Simmons First National Corporation |
| Oct 20, 2017 | Southwest Bancorp, Inc. | Simmons First National Corporation |
| Oct 19, 2017 | S M Federal Credit Union | American Heritage Federal Credit Union |
| Oct 17, 2017 | Wolverine Bancorp, Inc. | Horizon Bancorp, Inc. |
| Oct 17, 2017 | Portsmouth Virginia City Employees Federal Credit Union | Chartway Federal Credit Union |
| Oct 17, 2017 | Wolverine Bank, Federal Savings Bank | Horizon Bank |
| Oct 14, 2017 | Commerce Bancshares Corp. | Beacon Financial Corporation |
| Oct 14, 2017 | Nashwauk Federal Credit Union | North Star Credit Union |
| Oct 14, 2017 | Commerce Bank & Trust Company | Berkshire Bank |
| Oct 7, 2017 | Arthur Bancshares Corp. | Hometown Community Bancorp, Inc. |
| Oct 7, 2017 | State Bank of Arthur | Morton Community Bank |
| Oct 7, 2017 | Midstate Community Bank | Rosedale Bank |
| Oct 4, 2017 | Financial Enterprises, Inc. | Ozarks Heritage Financial Group, Inc |
| Oct 3, 2017 | Apex Community Federal Credit Union | American Heritage Federal Credit Union |
| Oct 2, 2017 | Astoria Financial Corporation | Sterling Bancorp |
| Oct 2, 2017 | Mid Illinois Bancorp, Inc. | First Busey Corporation |
| Oct 2, 2017 | Chelten Hills Savings Bank | Penn Community Bank |
| Oct 2, 2017 | Astoria Bank | Sterling National Bank |
| Oct 2, 2017 | Integrus Credit Union | Vibrant Credit Union |
| Oct 2, 2017 | Morgan Federal Bank | Golden Belt Bank, FSA |
| Oct 2, 2017 | I E C Federal Credit Union | Cooperative Choice Network Credit Union |
| Oct 1, 2017 | Ojai Community Bank | Bank of the Sierra |
| Oct 1, 2017 | First Insurance Funding Corp. of California | Lake Forest Bank & Trust Company, N.A. |
| Oct 1, 2017 | Ocb Bancorp | Sierra Bancorp |
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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