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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

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

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
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 16, 2017 Harbor Area Postal Employees Federal Credit Union CA Arrowhead Federal Credit Union
Dec 2, 2017 Meadows Credit Union IL Consumers 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 Virginia Boxer Federal Credit Union VA Connects Federal 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
Dec 1, 2017 Toledo Teamsters Federal Credit Union OH Directions Credit Union
Dec 1, 2017 Southeast Federal Credit Union SC Peach State Federal Credit Union
Dec 1, 2017 Saint Jules Credit Union LA Pelican Credit Union
Dec 1, 2017 Lakeshore Community Credit Union OH Lormet Community Federal Credit Union
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 MY Choice Federal Credit Union OK Tinker Federal Credit Union
Nov 20, 2017 Saint James Ame Church Federal Credit Union FL Educational Federal Credit Union
Nov 17, 2017 Zion Hill Baptist Church Federal Credit Union CA Kinecta Federal Credit Union
Nov 7, 2017 Eaton Employees Credit Union IA First Federal Credit Union
Nov 4, 2017 Decatur Stanolind Credit Union IL Staley Credit Union
Nov 1, 2017 Saint Anthony Hospital Federal Credit Union IL Rock Valley Credit Union
Nov 1, 2017 Route 1 Credit Union IL Decatur Earthmover Credit Union
Nov 1, 2017 Eastern Maine Medical Center Federal Credit Union ME Acadia Federal Credit Union

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
Oct 1, 2017 Asb Bancorp, Inc. NC First Bancorp
Oct 1, 2017 AloStar Bank of Commerce AL State Bank and Trust Company
Oct 1, 2017 Chattahoochee Bank of Georgia GA Entegra Bank
Oct 1, 2017 Capital Bank CA Seacoast Commerce Bank
Oct 1, 2017 Folsom Lake Bank CA Community West Bank
Oct 1, 2017 First Insurance Funding Corporation IL Lake Forest Bank & Trust Company, N.A.
Oct 1, 2017 CBT Bank PA Riverview Bank
Oct 1, 2017 Century Employees Savings Fund Credit Union NC Summit Credit Union
Oct 1, 2017 Post Community Credit Union MI Honor Credit Union dba Honor Investment Services
Oct 1, 2017 Our Lady of the Angels Federal Credit Union MA Fall River Municipal Credit Union
Oct 1, 2017 Saint Elizabeth Employees Credit Union WI Community First Credit Union
Oct 1, 2017 Northern Hancock Bank & Trust Co. WV The Farmers National Bank of Emlenton
Oct 1, 2017 Qualtrust Credit Union TX Texas Trust Credit Union
Oct 1, 2017 Elizabeth Postal Employees Credit Union NJ Community Financial Services Federal Credit Union
Oct 1, 2017 Credit Union One, Inc. OH Seven Seventeen Credit Union Inc
Oct 1, 2017 Group Service Employees Federal Credit Union OK Lifetime Federal Credit Union
Oct 1, 2017 Saint Casimir's Savings Bank MD Kopernik Bank
Oct 1, 2017 Narc Federal Credit Union MD Agriculture Federal Credit Union
Oct 1, 2017 North Georgia Community Federal Credit Union GA Coosa Valley Credit Union
Oct 1, 2017 Bank of Wedowee AL First Bank of Alabama
Oct 1, 2017 Asheville Savings Bank, S.S.B. NC First Bank
Oct 1, 2017 Baraboo Municipal Employees Credit Union WI Summit Credit Union
Oct 1, 2017 Avon Co-operative Bank MA Abington Bank
Oct 1, 2017 General Credit Union IN Partners 1st Federal Credit Union
Oct 1, 2017 D'Puc Credit Union IL Credit Union 1
Oct 1, 2017 First Home Bank MO Stockmens Bank
Oct 1, 2017 Bank of Walnut Grove MS Bank of Forest
Oct 1, 2017 Parker Community Credit Union WI Educators Credit Union
Oct 1, 2017 Electric Energy Inc. Employees Credit Union IL Vibrant Credit Union
Oct 1, 2017 CBT Financial Corp. PA Riverview Financial Corporation
Oct 1, 2017 Swann Bancshares, Inc. AL Firstbanc of Alabama, Inc.
Oct 1, 2017 Wells Fargo Exchange Services, Inc. NC Wells Fargo & Company
Sep 30, 2017 Sandusky Ohio Edison Employees Federal Credit Union OH Vacationland Federal Credit Union
Sep 30, 2017 Acume Credit Union NJ Garden State Federal Credit Union
Sep 30, 2017 Menominee Area Credit Union MI Covantage Credit Union
Sep 30, 2017 Badger Credit Union WI N.E.W. Credit Union
Sep 30, 2017 Philadelphia Gas Works Employees Federal Credit Union PA Eagle One Federal Credit Union
Sep 30, 2017 MHCB America Holdings, Inc. NY Mizuho Americas LLC
Sep 30, 2017 U of P Federal Credit Union PA Penn Federal Credit Union
Sep 29, 2017 Frontier Financial Credit Union NV Greater Nevada Credit Union
Sep 28, 2017 Trenton Bankshares, Inc. TX Captex Bancshares, Inc.
Sep 27, 2017 Stonegate Bank FL Centennial Bank
Sep 26, 2017 World's Foremost Bank NE Synovus Bank
Sep 26, 2017 World's Foremost Bank NE Capital One Bank (USA), N.A.
Sep 25, 2017 Miner County Bank SD Rivers Edge Bank
Sep 25, 2017 First State Bank IA Rivers Edge Bank
Sep 23, 2017 Commercial Bank WI Premierbank
Sep 19, 2017 Scottrade Bank MO TD Bank, N.A.
Sep 16, 2017 Bucks County Bank PA First Bank
Sep 9, 2017 Benchmark Bank OH The Union Bank 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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