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.
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 |
|---|---|---|
| Aug 1, 2017 | Duq Lite Employees Federal Credit Union | West-Aircomm Federal Credit Union |
| Aug 1, 2017 | Timken Aerospace Federal Credit Union | Northern Lights Credit Union |
| Aug 1, 2017 | Clayton Bank and Trust | FirstBank |
| Aug 1, 2017 | Sabadell United Bank, National Association | Iberiabank |
| Jul 31, 2017 | Community United Federal Credit Union | United 1st Credit Union |
| Jul 31, 2017 | Freedom Bancorporation, Inc. | Waseca Bancshares, Inc. |
| Jul 31, 2017 | Woodstone Credit Union | Qualstar Credit Union |
| Jul 29, 2017 | Damascus Community Bank | Old Line Bank |
| Jul 29, 2017 | DCB Bancshares, Inc. | Old Line Bancshares, Inc. |
| Jul 29, 2017 | Jefferson Bankshares, Inc. | HCBF Holding Company, Inc. |
| Jul 29, 2017 | Jefferson Bank of Florida | Harbor Community Bank |
| Jul 26, 2017 | Kanaly Trust Lta | National Advisors Trust Company |
| Jul 22, 2017 | Bank of Modesto | Warren-Boynton State Bank |
| Jul 18, 2017 | Peoples State Bank of Commerce | FNB Bank |
| Jul 18, 2017 | Commerce Bancshares, Inc. | FNS Bancshares, Inc. |
| Jul 17, 2017 | Sinopac Bancorp | Cathay General Bancorp |
| Jul 15, 2017 | State Bank of Cazenovia | Royal Bank |
| Jul 15, 2017 | CenterPointe Community Bank | Inland Northwest Bank |
| Jul 15, 2017 | Bank Star One | Central Bank of Lake of the Ozarks |
| Jul 15, 2017 | Fort Meade Credit Union | Navy Federal Credit Union |
| Jul 15, 2017 | Fountain Trust Merger Bank | The Fountain Trust Company |
| Jul 15, 2017 | IAB Financial Bank | First Merchants Bank |
| Jul 8, 2017 | Citywide Banks | HTLF Bank |
| Jul 8, 2017 | Union Bank & Trust Company | Union Bank |
| Jul 8, 2017 | Citywide Banks of Colorado, Inc. | Heartland Financial USA, Inc. |
| Jul 8, 2017 | The First National Bank & Trust Company of Rochelle | Central Bank Illinois |
| Jul 7, 2017 | West Pine Street Properties LLC | The Citizens Bank |
| Jul 3, 2017 | Jacksonville Glidco Employees Federal Credit Union | Metro North Federal Credit Union |
| Jul 3, 2017 | First Community Financial Partners, Inc. | First Busey Corporation |
| Jul 1, 2017 | Carroll County Savings and Loan Association | Home Savings and Loan Association of Carroll County, F.A. |
| Jul 1, 2017 | Cornerstone Federal Credit Union | Belco Community Credit Union |
| Jul 1, 2017 | Linde Employees Federal Credit Union | First Point Federal Credit Union |
| Jul 1, 2017 | New Windsor State Bank | ACNB Bank |
| Jul 1, 2017 | First Illinois Credit Union | Vibrant Credit Union |
| Jul 1, 2017 | Peoples State Bank | Outdoor Bank |
| Jul 1, 2017 | Granite Hills Credit Union | North Country Federal Credit Union |
| Jul 1, 2017 | E. S. C. U. Federal Credit Union | Glass City Federal Credit Union |
| Jul 1, 2017 | Byron State Bank | Western National Bank |
| Jul 1, 2017 | Amfirst Bank | Bank of Colorado |
| Jul 1, 2017 | Amfirst Bank | Pinnacle Bank |
| Jul 1, 2017 | Immaculate Conception Fall River Federal Credit Union | Southcoast Federal Credit Union |
| Jul 1, 2017 | Lubbock Teachers Federal Credit Union | Texas Tech Federal Credit Union |
| Jul 1, 2017 | Pennington Municipal & County Credit Union | Soo Select Credit Union |
| Jul 1, 2017 | Colfax School Employees Credit Union | High Desert Community Credit Union |
| Jul 1, 2017 | Agility Financial Credit Union | Memphis City Employees Credit Union |
| Jul 1, 2017 | Peoples Community Credit Union | Blaze Credit Union |
| Jul 1, 2017 | Amoco East Texas Federal Credit Union | Barksdale Federal Credit Union |
| Jul 1, 2017 | Citizens State Bank | Outdoor Bank |
| Jul 1, 2017 | Community First Credit Union | Community First Credit Union |
| Jul 1, 2017 | Metropolitan Bank | Renasant Bank |
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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