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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

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
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

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
Dec 1, 2018 The First National Bank of Suffield CT PeoplesBank
Nov 30, 2018 Beverly Bus Garage Federal Credit Union IL 77th Street Depot Federal Credit Union
Nov 22, 2018 Gideon Bancshares Company MO Southern Missouri Bancorp, Inc.
Nov 20, 2018 Inter National Bank TX Vantage Bank Texas
Nov 17, 2018 Peoples State Bank SD Minnwest Bank
Nov 17, 2018 The Milford National Bank and Trust Company MA Rockland Trust Company
Nov 17, 2018 First State Bank SD Minnwest Bank
Nov 17, 2018 MNB Bancorp MA Independent Bank Corp.
Nov 17, 2018 Sears Spokane Employees Federal Credit Union WA Primesource Credit Union
Nov 16, 2018 Anchor Bank WA 1st Security Bank of Washington
Nov 16, 2018 Anchor Bancorp, Inc. WA FS Bancorp, Inc.
Nov 15, 2018 Comanche National Corporation TX Spirit of Texas Bancshares, Inc.
Nov 15, 2018 The Comanche National Bank TX Spirit of Texas Bank, SSB
Nov 15, 2018 Comanche National Corporation of Delaware DE Spirit of Texas Bancshares, Inc.
Nov 15, 2018 SCB Bancorp, Inc. IL First Mid Bancshares, Inc.
Nov 10, 2018 Union State Bank TX VeraBank, N.A.
Nov 10, 2018 Inland Northwest Bank WA First Interstate Bank
Nov 10, 2018 Holsey Temple Federal Credit Union PA American Heritage Federal Credit Union
Nov 8, 2018 The First National Bank of Rembrandt IA Security Trust & Savings Bank
Nov 1, 2018 Foothills Bancorp, Inc. TN Smartfinancial, Inc.
Nov 1, 2018 MW Bancorp Inc OH Forcht Bancorp, Inc.
Nov 1, 2018 Metuchen Bancorp, Inc. NJ MB Bancorp, Inc.
Nov 1, 2018 Metuchen, MHC NJ MB Mutual Holding Company
Nov 1, 2018 Promise Credit Union TX Houston Metropolitan Federal Credit Union
Nov 1, 2018 Foothills Bank & Trust TN SmartBank
Nov 1, 2018 Skagit Bancorp, Inc. WA Banner Corporation
Nov 1, 2018 Palmetto Heritage Bank & Trust SC First-Citizens Bank & Trust Company
Nov 1, 2018 Palmetto Heritage Bancshares, Inc. SC First-Citizens Bank & Trust Company
Nov 1, 2018 Peoples State Bancshares, Inc. OK American Bancorporation, Inc.
Nov 1, 2018 American Founders Bank, Inc. KY Liberty Federal Credit Union
Nov 1, 2018 PSB Bancshares, Inc. AL River Financial Corporation
Nov 1, 2018 Busey Trust Company IL Busey Bank
Nov 1, 2018 NBP Financial Services, Inc. IL Ac Bancorp, Inc.
Nov 1, 2018 Klein Financial, Inc. MN Old National Bancorp
Nov 1, 2018 Ashley Bancstock Company AR Century Next Financial Corporation
Nov 1, 2018 FMB Banking Corporation FL The First Bancshares, Inc.
Nov 1, 2018 National Bank of Petersburg IL Alliance Community Bank
Nov 1, 2018 Soo Select Credit Union MN Wings Financial Credit Union
Nov 1, 2018 Elgin Mental Health Center Credit Union IL Kane County Teachers Credit Union
Nov 1, 2018 Quincy Municipal Credit Union IL Members First Community Credit Union
Nov 1, 2018 Peoples Southern Bank AL River Bank & Trust
Nov 1, 2018 First National Bank of Crossett AR Century Next Bank
Nov 1, 2018 Old Dominion University Credit Union VA Langley Federal Credit Union
Nov 1, 2018 Watch Hill Bank OH Forcht Bank, N.A.
Nov 1, 2018 Pensacola L&N Federal Credit Union FL Loyalty Credit Union
Nov 1, 2018 KleinBank MN Old National Bank
Nov 1, 2018 Farmers & Merchants Bank FL The First Bank
Nov 1, 2018 Stephens-Franklin Teachers Federal Credit Union GA Peach State Federal Credit Union
Nov 1, 2018 Skagit Bank WA Banner Bank
Nov 1, 2018 Credit Union of Leavenworth County KS Communityamerica Federal Credit Union

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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