Skip to main content

Mergers by Year

Bank Mergers in 2018

269 banks were acquired or merged into another institution in 2018, and 195 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 643 merger records in 2018 against 608 in 2017.

269
Banks acquired
7 bought by a credit union
195
Credit unions merged
NIC, credit unions as the acquired side
144
Holding companies
Bank holding companies merged
643
All merger records

Largest bank mergers of 2018

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, 2018 PCSB Commercial Bank NY — PCSB Bank
Dec 22, 2018 Enterprise Bank NJ NJ — SB One Bank
Dec 15, 2018 The Roberts County National Bank of Sisseton SD — First Savings Bank
Dec 8, 2018 First Commercial Bank MO — Southern Bank
Dec 8, 2018 Home City Federal Savings Bank of Springfield OH — The Richwood Banking Company, Inc.
Dec 8, 2018 Community Bank IA — Availa Bank
Dec 8, 2018 Farmers Deposit Bank KY — City National Bank of West Virginia
Dec 8, 2018 Norstates Bank IL — First Midwest Bank
Dec 8, 2018 Town Square Bank KY — City National Bank of West Virginia
Dec 8, 2018 American Enterprise Bank IL — Northbrook Bank & Trust Company, N.A.
Dec 4, 2018 The Nehawka Bank NE — First State Bank Nebraska
Dec 1, 2018 North American State Bank MN — Kensington Bank
Dec 1, 2018 First American State Bank SD — First National Bank
Dec 1, 2018 Iowa - Nebraska State Bank NE — BankFirst
Dec 1, 2018 Richland State Bank LA — b1BANK

Credit union mergers in 2018

195 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2018.

Effective Merged credit union State Surviving institution
Nov 1, 2018 Old Dominion University Credit Union VA Langley Federal Credit Union
Nov 1, 2018 Pensacola L&N Federal Credit Union FL Loyalty Credit Union
Nov 1, 2018 Stephens-Franklin Teachers Federal Credit Union GA Peach State Federal Credit Union
Nov 1, 2018 Credit Union of Leavenworth County KS CommunityAmerica Federal Credit Union
Nov 1, 2018 Plumbers Local #27 Federal Credit Union PA West Penn P & P Federal Credit Union
Nov 1, 2018 Junior College Federal Credit Union MS Keesler Federal Credit Union
Oct 31, 2018 Albany City Lodge K of P 540 Federal Credit Union NY Capital Communications Federal Credit Union
Oct 12, 2018 Radio, Television and Communications Federal Credit Union NY Palisades Federal Credit Union
Oct 1, 2018 Lomto Federal Credit Union NY Teachers Federal Credit Union
Oct 1, 2018 Communityworks FCU SC Self-Help Credit Union
Oct 1, 2018 Carmel Brotherhood Federal Credit Union OH Kemba Credit Union, Inc.
Oct 1, 2018 Queen of Peace Arlington Federal Credit Union VA Commonwealth One Federal Credit Union
Oct 1, 2018 Caano Employees Federal Credit Union LA Riverland Federal Credit Union
Oct 1, 2018 Kankakee County Federal Employees Federal Credit Union IL Commonwealth Credit Union
Oct 1, 2018 MWD Federal Credit Union CA Certified Federal Credit Union
Oct 1, 2018 Toledo Postal Employees Credit Union, Inc. OH Champion Credit Union, Inc.
Oct 1, 2018 Wood County Community Federal Credit Union WV West Virginia Central Federal Credit Union
Oct 1, 2018 Dairypak Employees Credit Union, Inc. OH Pse Credit Union, Inc.
Oct 1, 2018 Triad Partners Federal Credit Union NC Summit Credit Union
Oct 1, 2018 Denali Federal Credit Union AK Nuvision Federal Credit Union
Oct 1, 2018 Metropolitan Federal Credit Union MO CommunityAmerica Federal Credit Union
Oct 1, 2018 Rabun-Tallulah Federal Credit Union GA North Georgia Credit Union
Oct 1, 2018 Lawilifie Credit Union LA Pelican Credit Union
Oct 1, 2018 Everett Credit Union MA Members Plus Credit Union
Oct 1, 2018 Bull's Eye Credit Union WI Connexus Credit Union

Every merger recorded in 2018

643 NIC merger records in 2018 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
May 1, 2018 First West Virginia Bancorp, Inc. WV CB Financial Services, Inc.
May 1, 2018 Connecticut Community Credit Union, Inc. CT Waypoint Federal Credit Union
May 1, 2018 Progressive Bank, N.A. WV Community Bank
May 1, 2018 Georgia Power Macon Federal Credit Union GA CGR Credit Union
May 1, 2018 North Olmsted School Employees Federal Credit Union OH Theory Federal Credit Union
May 1, 2018 Carle Employees Federal Credit Union IL University of Illinois Community Credit Union
May 1, 2018 Foundation Bank OH First Commonwealth Bank
May 1, 2018 Liverpool Community Bank PA The Juniata Valley Bank
May 1, 2018 Classic Federal Credit Union OH Superior Credit Union Inc
May 1, 2018 First National Bank MO OakStar Bank
May 1, 2018 Houston Musicians Federal Credit Union TX Space City Credit Union
May 1, 2018 Central Valley Federal Credit Union PA Allegheny Kiski Postal Federal Credit Union
May 1, 2018 Delanco Federal Savings Bank NJ First Bank
May 1, 2018 Delanco Bancorp, Inc NJ First Bank
May 1, 2018 Garfield Acquisition Corporation OH First Commonwealth Financial Corporation
Apr 28, 2018 Plaza Park State Bank MN Deerwood Bank
Apr 28, 2018 The Pioneer National Bank of Duluth MN Park State Bank
Apr 27, 2018 Platinum Bank TX AIMBank
Apr 27, 2018 Platinum Bancshares of Texas, Inc. TX Aim Bancshares, Inc.
Apr 27, 2018 Local 142 Federal Credit Union TX Soarion Federal Credit Union
Apr 21, 2018 Quality Bankshares, Inc. ND Cyrus Bancshares, Inc.
Apr 21, 2018 Encore Bank FL Lake Michigan Credit Union
Apr 21, 2018 Bear State Bank AR Arvest Bank
Apr 21, 2018 Adams County Building and Loan Company OH Southern Hills Community Bank
Apr 20, 2018 Apc Owner Inc MD Forbright Bank
Apr 20, 2018 Alliance Partners 1 LLC MD Forbright Bank
Apr 20, 2018 Greater Chicago Financial Corp. IL Old Second Bancorp, Inc.
Apr 20, 2018 ABC Bank IL Old Second National Bank
Apr 18, 2018 Indus American Bank NJ BCB Community Bank
Apr 18, 2018 Ia Bancorp, Inc. NJ BCB Bancorp, Inc.
Apr 14, 2018 Eagle Valley Bank, National Association WI First Resource Bank
Apr 14, 2018 Bay Bank, FSB MD Old Line Bank
Apr 14, 2018 Asb Financial Corporation OH Peoples Bancorp Inc.
Apr 14, 2018 Bay Bancorp, Inc. MD Old Line Bancshares, Inc.
Apr 14, 2018 American Savings Bank, FSB OH Peoples Bank
Apr 12, 2018 New Jersey Community Bank NJ 1st Constitution Bank
Apr 9, 2018 Trust Company of America CO E*trade Savings Bank
Apr 7, 2018 First Colebrook Bancorp, Inc. NH Bangor Bancorp, MHC
Apr 7, 2018 Tri-Valley Bank CA Heritage Bank of Commerce
Apr 7, 2018 Granite Bank NH Bangor Savings Bank
Apr 6, 2018 First Sentry Bancshares, Inc. WV WesBanco, Inc.
Apr 6, 2018 First Sentry Bank, Inc. WV WesBanco Bank, Inc.
Apr 3, 2018 CBC National Bank FL First Federal Bank
Apr 3, 2018 Intercepteft ND First International Bank and Trust
Apr 3, 2018 CB Financial Corporation NC PB Financial Corporation
Apr 3, 2018 Cornerstone Bank NC Providence Bank
Apr 3, 2018 Coastal Banking Company, Inc. SC First Federal Bancorp, Inc.
Apr 2, 2018 American Express Bank, FSB UT American Express National Bank
Apr 2, 2018 Atlantic Bancshares, Inc. SC South Atlantic Bancshares, Inc.
Apr 2, 2018 Clifton Savings Bank NJ Kearny Bank

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.

Explore: all mergers · 2018 bank events · browse by acquirer · bank failures · all events