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 |
|---|---|---|
| Sep 9, 2017 | Atlantic National Bank | Primesouth Bank |
| Sep 9, 2017 | The State Bank of Blue Rapids | First Commerce Bank |
| Sep 9, 2017 | Benchmark Bancorp, Inc. | United Bancshares, Inc. |
| Sep 7, 2017 | Mountain Valley Bancshares, Inc. | Piedmont Bancorp, Inc. |
| Sep 7, 2017 | Mountain Valley Community Bank | The Piedmont Bank |
| Sep 5, 2017 | First South Bank | Simmons Bank |
| Sep 2, 2017 | Centrue Bank | Midland States Bank |
| Sep 2, 2017 | Resurgens Bank | CharterBank |
| Sep 2, 2017 | Resurgens Bancorp | Charter Financial Corporation |
| Sep 1, 2017 | Triple C 16 Federal Credit Union | LM Federal Credit Union |
| Sep 1, 2017 | Patriot Bank | National Bank of Commerce |
| Sep 1, 2017 | Lafayette Community Bancorp | Horizon Bancorp, Inc. |
| Sep 1, 2017 | Lafayette Community Bank | Horizon Bank |
| Sep 1, 2017 | Peoples Bank | Advia Credit Union |
| Sep 1, 2017 | Saint Stephens Federal Credit Union | Our Mother of Mercy Parish Houston Federal Credit Union |
| Sep 1, 2017 | Valley Bell Federal Credit Union | Members Choice WV Federal Credit Union |
| Sep 1, 2017 | West Maui Community Federal Credit Union | Maui County Federal Credit Union |
| Sep 1, 2017 | Madco Credit Union | 1st Midamerica Credit Union |
| Sep 1, 2017 | L C Municipal Federal Credit Union | Access of Louisiana Federal Credit Union |
| Sep 1, 2017 | Osu Technical Branch Federal Credit Union | First Family Federal Credit Union |
| Sep 1, 2017 | Peru Municipal Credit Union | Illinois Valley Credit Union |
| Sep 1, 2017 | Standard Steel Employees Federal Credit Union | Blue Chip Federal Credit Union |
| Sep 1, 2017 | Financial Federal Credit Union | Tropical Financial Credit Union |
| Aug 31, 2017 | Love Gospel Assembly Federal Credit Union | Usalliance Federal Credit Union |
| Aug 31, 2017 | Nea Federal Credit Union | Affinity Federal Credit Union |
| Aug 19, 2017 | Wells Federal Bank | Ccfbank N.A. |
| Aug 19, 2017 | Wells Financial Corp. | Citizens Community Bancorp, Inc. |
| Aug 17, 2017 | Leahi Federal Credit Union | University of Hawaii Federal Credit Union |
| Aug 16, 2017 | Monitor Bancorp, Inc. | Farmers National Banc Corp. |
| Aug 16, 2017 | The Monitor Bank | The Farmers National Bank of Canfield |
| Aug 12, 2017 | Hometown Bank of the Hudson Valley | Wallkill Valley Federal Savings and Loan Association |
| Aug 12, 2017 | Avon State Bank | American Heritage National Bank |
| Aug 12, 2017 | Bank of the Cascades | First Interstate Bank |
| Aug 1, 2017 | The Bank of Whitewater | Vintage Bank Kansas |
| Aug 1, 2017 | First Niagara Commercial Finance, Inc. | KeyBank N.A. |
| Aug 1, 2017 | Sovereign Bancshares, Inc. | Veritex Holdings, Inc. |
| Aug 1, 2017 | Sovereign Bank | Veritex Community Bank |
| Aug 1, 2017 | HCSB Financial Corporation | United Community Banks, Inc. |
| Aug 1, 2017 | Horry County State Bank | United Community Bank |
| Aug 1, 2017 | American City Bank | FirstBank |
| Aug 1, 2017 | Rose City Federal Credit Union | Envision Credit Union |
| Aug 1, 2017 | Ici America Federal Credit Union | Del-One Federal Credit Union |
| Aug 1, 2017 | Thunder Bay Area Credit Union | Wolverine State Credit Union |
| Aug 1, 2017 | Daijo Federal Credit Union | Nikkei Credit Union |
| Aug 1, 2017 | Fedcom Credit Union | Members First Credit Union dba Members First Investment Services |
| Aug 1, 2017 | East Feliciana Teachers Federal Credit Union | Pelican Credit Union |
| Aug 1, 2017 | Able Federal Credit Union | First Peoples Community Federal Credit Union |
| Aug 1, 2017 | Star Harbor Federal Credit Union | Financial Partners Credit Union |
| Aug 1, 2017 | Lakes Area Federal Credit Union | Members Cooperative Credit Union |
| Aug 1, 2017 | Ocean Communities Federal Credit Union | Lighthouse 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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