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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
Jul 1, 2018 Federal Family Federal Credit Union UT Hercules First Federal Credit Union
Jun 30, 2018 Waynesboro Employees Credit Union, Inc. VA Valleystar Credit Union
Jun 30, 2018 Milford Memorial Federal Credit Union DE Tidemark Federal Credit Union
Jun 30, 2018 Wenatchee Valley Federal Credit Union WA Lower Valley Credit Union
Jun 25, 2018 Rta Brooklyn Federal Credit Union OH Plain Dealer Federal Credit Union, Inc.
Jun 20, 2018 Gortons Gloucester Employees Federal Credit Union MA Luso-American Credit Union
Jun 19, 2018 Projector Federal Credit Union NY Teachers Federal Credit Union
Jun 11, 2018 Enchanted Mountains Federal Credit Union NY High Point Federal Credit Union
Jun 1, 2018 Pacific Spruce Federal Credit Union OR Oregon State Credit Union
Jun 1, 2018 Nu Community Credit Union PA Service 1st Federal Credit Union
Jun 1, 2018 Niagara Falls MEM. MED. Center Federal Credit Union NY Niagara's Choice Federal Credit Union
Jun 1, 2018 South Hills Healthcare Federal Credit Union PA Greater Pittsburgh Federal Credit Union
Jun 1, 2018 Pennformer Federal Credit Union PA United Community Federal Credit Union
Jun 1, 2018 Ots Employees Federal Credit Union HI Aloha Pacific Federal Credit Union
Jun 1, 2018 Cando Credit Union, Inc. OH Impact Credit Union, Inc
Jun 1, 2018 PS Local 821 Federal Credit Union NJ N.J.T. Employees Federal Credit Union
Jun 1, 2018 Education Plus Credit Union MI Directions Credit Union
Jun 1, 2018 Midwest Credit Union MO St. Louis Community Credit Union
Jun 1, 2018 Consumers Credit Union IA Cobalt Federal Credit Union
Jun 1, 2018 Health Employees Federal Credit Union NY Broadview Federal Credit Union
May 23, 2018 Kit Tel Federal Credit Union PA Armstrong County Federal Employees Federal Credit Union
May 2, 2018 Spruance Cellophane Credit Union VA Baylands Family Credit Union, Inc.
May 1, 2018 Central Valley Federal Credit Union PA Allegheny Kiski Postal Federal Credit Union
May 1, 2018 Connecticut Community Credit Union, Inc. CT Waypoint Federal Credit Union
May 1, 2018 Georgia Power Macon Federal Credit Union GA CGR 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.

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