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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
2018 in US banking ›

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

Biggest bank failures by assets ›

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
Oct 1, 2018 Savannah Federal Credit Union GA Core Credit Union
Oct 1, 2018 Fremont First Central Federal Credit Union NE Pentagon Federal Credit Union
Oct 1, 2018 River Cities Credit Union LA Valex Federal Credit Union
Oct 1, 2018 Bay Ridge Federal Credit Union NY Island Federal Credit Union
Sep 30, 2018 Win-Hood Co-Op Credit Union IL Encurage Financial Network Credit Union
Sep 30, 2018 Passaic Postal Employees Credit Union NJ Proponent Federal Credit Union
Sep 29, 2018 Philadelphia Mint Federal Credit Union PA Trumark Credit Union
Sep 29, 2018 Fallon County Federal Credit Union MT Grasslands Federal Credit Union
Sep 29, 2018 Brooks Community Federal Credit Union MN North Star Credit Union
Sep 28, 2018 Borinquen Sur Federal Credit Union PR Caribe Federal Credit Union
Sep 4, 2018 Teamsters Local 30 Federal Credit Union PA G.A.P. Federal Credit Union
Sep 1, 2018 Times Federal Credit Union HI Hawaiian Financial Federal Credit Union
Sep 1, 2018 Taft Employees Credit Union LA Total Choice Federal Credit Union
Sep 1, 2018 Palmetto Trust Federal Credit Union SC Self-Help Credit Union
Sep 1, 2018 National Geographic Federal Credit Union DC O.A.S. Staff Federal Credit Union
Sep 1, 2018 Peoples-Neighborhood Federal Credit Union DC DC Federal Credit Union
Sep 1, 2018 Rogers Employees Federal Credit Union CT America's First Network Credit Union
Sep 1, 2018 Dallas Federal Credit Union TX Neighborhood Credit Union
Sep 1, 2018 Simply Service Federal Credit Union SD Highmark Federal Credit Union
Sep 1, 2018 Des Moines County Postal Credit Union IA Aim Credit Union
Aug 31, 2018 Ark City Teachers Credit Union KS Ark Valley Credit Union
Aug 31, 2018 Melrose Credit Union NY Teachers Federal Credit Union
Aug 30, 2018 Co-Op Toledo Credit Union, Inc. OH Superior Credit Union Inc
Aug 18, 2018 Hornell Erie Federal Credit Union NY First Heritage Federal Credit Union
Aug 17, 2018 Ukrainian Future Credit Union MI Selfreliance Federal Credit Union

Credit union directory ›

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
Apr 2, 2018 Atlantic Community Bank SC South Atlantic Bank
Apr 2, 2018 The First National Bank of Dwight IL Peoples National Bank of Kewanee
Apr 2, 2018 Hometown Bancshares, Inc. MO Guaranty Federal Bancshares, Inc.
Apr 1, 2018 Beaver County Times Federal Credit Union PA West-Aircomm Federal Credit Union
Apr 1, 2018 Sunshine Financial, Inc. FL The First Bancshares, Inc.
Apr 1, 2018 Civic Bank & Trust TN Franklin Synergy Bank
Apr 1, 2018 Citizens National Bank VA The Old Point National Bank of Phoebus
Apr 1, 2018 TCSB Bancorp, Inc. MI Independent Bank Corporation
Apr 1, 2018 Traverse City State Bank MI Independent Bank
Apr 1, 2018 Piedmont Plus Federal Credit Union GA Membersfirst Credit Union
Apr 1, 2018 Mainsource Financial Group, Inc. IN First Financial Bancorp
Apr 1, 2018 Merchants & Planters Bancshares, Inc. TN F & M Bancshares, Inc.
Apr 1, 2018 E.W. #401 Credit Union NV Operating Engineers Local Union #3 Federal Credit Union
Apr 1, 2018 MSTC Federal Credit Union MS Mississippi Federal Credit Union
Apr 1, 2018 Lakelands Federal Credit Union SC Peach State Federal Credit Union
Apr 1, 2018 Tower Family Credit Union MI Ignite Credit Union
Apr 1, 2018 Worzalla Publishing Employees Credit Union WI Valley Communities Credit Union
Apr 1, 2018 NGH Credit Union TN Resound Credit Union
Apr 1, 2018 MainSource Bank IN First Financial Bank
Apr 1, 2018 Floodwood Area Credit Union MN Northwoods Credit Union
Apr 1, 2018 Dugway Federal Credit Union UT Mountain America Federal Credit Union
Apr 1, 2018 Merchants & Planters Bank TN Centennial Bank
Apr 1, 2018 Agassiz Federal Credit Union MN First Community Credit Union
Apr 1, 2018 West Oahu Community Federal Credit Union HI Pearl Hawaii Federal Credit Union
Apr 1, 2018 Laura State Bank IL Bank of Farmington
Apr 1, 2018 Sunshine Community Bank FL The First Bank
Apr 1, 2018 Taconnet Federal Credit Union ME New Dimensions Federal Credit Union
Apr 1, 2018 Colonial Co-operative Bank MA Fidelity Co-Operative Bank
Apr 1, 2018 Norfolk Municipal Federal Credit Union VA N a E Federal Credit Union
Apr 1, 2018 Smith and Nephew Employees Credit Union TN Memphis City Employees Credit Union
Apr 1, 2018 West Financial Credit Union MN Sharepoint Credit Union
Apr 1, 2018 Lansing Postal Community Credit Union MI Lafcu
Apr 1, 2018 Shell Geismar Federal Credit Union LA Louisiana Federal Credit Union
Apr 1, 2018 Kilowatt Community Credit Union MO Missouri Credit Union
Mar 31, 2018 Louchem Federal Credit Union KY Commonwealth Federal Credit Union
Mar 31, 2018 Allied Trades Credit Union CA Uncle Credit Union
Mar 27, 2018 Wawel Bank NJ Spencer Savings Bank, Savings and Loan Association
Mar 24, 2018 Gibraltar Private Bank & Trust Co. FL Iberiabank
Mar 24, 2018 Mid America Bank & Trust Company MO The Bank of Missouri
Mar 17, 2018 South Side Trust & Savings Bank of Peoria IL Busey Bank
Mar 17, 2018 Speer Bancshares, Inc. IL Hometown Community Bancorp, Inc.
Mar 17, 2018 Security State Bank IA Northeast Security Bank
Mar 17, 2018 State Bank of Speer IL Morton Community Bank
Mar 10, 2018 Friends First Credit Union KY Green River Area Federal Credit Union
Mar 10, 2018 Liberty Bank IL United Community Bank
Mar 10, 2018 GRS Employees Federal Credit Union NY St. Pius X Church Federal Credit Union
Mar 10, 2018 Pelham Banking Company GA Guardian Bank
Mar 3, 2018 The First National Bank of Battle Lake MN MY Kind of Bank, N.A.
Mar 1, 2018 Floridian Community Bank, Inc. FL Florida Community Bank, National Association
Mar 1, 2018 First Commons Bank, National Association MA Beacon Bank & Trust

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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