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 |
|---|---|---|
| May 1, 2017 | Emc Credit Union | Community Choice Credit Union |
| May 1, 2017 | Miramar Federal Credit Union | Pentagon Federal Credit Union |
| May 1, 2017 | Employment Security Employees Credit Union | 1st Kansas Credit Union |
| May 1, 2017 | Triangle Credit Union, Inc. | Day Air Credit Union, Inc. |
| May 1, 2017 | Perry Point Federal Credit Union | Central Credit Union of Maryland |
| May 1, 2017 | Hingham Federal Credit Union | Liberty Bay Credit Union |
| May 1, 2017 | West Denver Community Credit Union | Denver Community Credit Union dba Zing Credit Union |
| May 1, 2017 | Manor Bank | NexTier Bank, N.A. |
| Apr 29, 2017 | The First National Bank - Fox Valley | Nicolet National Bank |
| Apr 29, 2017 | Merit Bank | Academy Bank, N.A. |
| Apr 29, 2017 | First Ulb Corp. | Baycom Corp |
| Apr 29, 2017 | United Business Bank, F.S.B. | United Business Bank |
| Apr 29, 2017 | First Menasha Bancshares, Inc. | Nicolet Bankshares, Inc. |
| Apr 22, 2017 | Prospect Federal Savings Bank | Hoyne Savings Bank |
| Apr 22, 2017 | The State Bank of Ewen | Gogebic Range Bank |
| Apr 22, 2017 | Cardinal Bank | United Bank |
| Apr 22, 2017 | Cardinal Financial Corporation | Ubv Holding Company, LLC |
| Apr 22, 2017 | Westfield Area Federal Credit Union | North East Welch Federal Credit Union |
| Apr 8, 2017 | Muleshoe State Bank | AIMBank |
| Apr 8, 2017 | Allegheny Valley Bank of Pittsburgh | Standard Bank |
| Apr 8, 2017 | Gulfshore Bancshares, Inc. | Seacoast Banking Corporation of Florida |
| Apr 8, 2017 | Gulfshore Bank | Seacoast National Bank |
| Apr 8, 2017 | Integrity First Bank | Incrediblebank |
| Apr 8, 2017 | RB Bancorporation | Trustmark Corporation |
| Apr 8, 2017 | Reliance Bank | Trustmark Bank |
| Apr 8, 2017 | High Plains Bancshares, Inc. | Aim Bancshares, Inc. |
| Apr 8, 2017 | Allegheny Valley Bancorp, Inc. | Standard Avb Financial Corp. |
| Apr 8, 2017 | Woodhaven Bank | Pinnacle Bank |
| Apr 6, 2017 | Saint James Public Schools Federal Credit Union | Northern Energy Federal Credit Union |
| Apr 3, 2017 | The Delaware County Bank and Trust Company | First Commonwealth Bank |
| Apr 3, 2017 | DCB Financial Corp | First Commonwealth Financial Corporation |
| Apr 1, 2017 | Hanna Employees Federal Credit Union | Educators Credit Union |
| Apr 1, 2017 | Platinum Bank Holding Company | Centerstate Bank Corporation |
| Apr 1, 2017 | Carlile Bancshares, Inc. | Independent Bank Group, Inc. |
| Apr 1, 2017 | Virginia Bancorp, Inc. | Bay Banks of Virginia, Inc. |
| Apr 1, 2017 | Pinnacle Bank | Central Bank |
| Apr 1, 2017 | Platinum Bank | SouthState Bank, N.A. |
| Apr 1, 2017 | Heritage Oaks Bancorp | Pacific Premier Bancorp, Inc. |
| Apr 1, 2017 | Middleburg Financial Corporation | Access National Corporation |
| Apr 1, 2017 | C.F.C. Bancorp, Inc. | Northern Interstate Financial, Inc. |
| Apr 1, 2017 | Suffolk Bancorp | People's United Financial, Inc. |
| Apr 1, 2017 | Msa Employees Federal Credit Union | Elliott Community Federal Credit Union |
| Apr 1, 2017 | Michaud Credit Union | Hope Federal Credit Union |
| Apr 1, 2017 | Touchstone Federal Credit Union | Hanscom Federal Credit Union |
| Apr 1, 2017 | Battle Creek Area Community Federal Credit Union | Honor Credit Union dba Honor Investment Services |
| Apr 1, 2017 | East Hartford Federal Credit Union | America's First Network Credit Union |
| Apr 1, 2017 | Kyang Federal Credit Union | Pentagon Federal Credit Union |
| Apr 1, 2017 | The Suffolk County National Bank of Riverhead | People's United Bank, National Association |
| Apr 1, 2017 | Heritage Oaks Bank | Pacific Premier Bank, National Association |
| Apr 1, 2017 | First Illinois Bank | Lindell Bank & Trust Company |
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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