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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
Nov 1, 2018 Plumbers Local #27 Federal Credit Union PA West Penn P & P Federal Credit Union
Nov 1, 2018 Fort Smith Municipal Employees Federal Credit Union AR River Town 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 30, 2018 Franklin State Bancshares, Inc. NE First York Ban Corp.
Oct 30, 2018 Franklin State Bank NE Cornerstone Bank
Oct 29, 2018 Flora Savings Bank IL Community Partners Savings Bank
Oct 27, 2018 Mississippi County Savings and Loan Association MO First State Bank and Trust Company, Inc.
Oct 25, 2018 Capital Bank GA FNB Bank
Oct 25, 2018 Catoosa Bancshares, Inc. GA FNS Bancshares, Inc.
Oct 24, 2018 Joaquin Bankshares, Inc. TX Steele Bancshares, Inc.
Oct 20, 2018 United Bank WI Ccfbank N.A.
Oct 20, 2018 First Green Bancorp, Inc. FL Seacoast Banking Corporation of Florida
Oct 20, 2018 First Green Bank FL Seacoast National Bank
Oct 20, 2018 Roanoke Valley Savings Bank, SSB NC Riverside Savings Bank, SSB
Oct 18, 2018 Union Bancshares, Inc. ND Border Bancshares, Inc.
Oct 16, 2018 The First National Bank of Powhatan Point OH Unified Bank
Oct 16, 2018 First American International Corp. NY RBB Bancorp
Oct 16, 2018 First American International Bank NY Royal Business Bank
Oct 16, 2018 Powhatan Point Community Bancshares, Inc. OH United Bancorp, Inc.
Oct 15, 2018 First Security Bank KY German American Bank
Oct 15, 2018 First Security, Inc. KY German American Bancorp, Inc.
Oct 13, 2018 First National Bank Mahnomen Twin Valley MN United Valley Bank
Oct 13, 2018 Swineford National Bank PA Fulton Bank, N.A.
Oct 13, 2018 FNB Bank, National Association PA Fulton Bank, N.A.
Oct 13, 2018 First Bank of Charleston, Inc. WV Premier Bank, Inc.
Oct 13, 2018 Northern States Financial Corporation IL First Midwest Bancorp, Inc.
Oct 13, 2018 Colombo Bank MD FVCbank
Oct 13, 2018 Kentucky Federal Savings and Loan Association KY Cincinnati Federal
Oct 13, 2018 First State Bank of Clearbrook MN Border Bank
Oct 12, 2018 Radio, Television and Communications Federal Credit Union NY Palisades Federal Credit Union
Oct 11, 2018 Bank of Rio Vista CA Farmers & Merchants Bank of Central California
Oct 6, 2018 Coastway Community Bank RI HarborOne Bank
Oct 6, 2018 Coastway Bancorp, Inc RI HarborOne Mutual Bancshares
Oct 6, 2018 Farmers Savings Bank IA Keystone Savings Bank
Oct 2, 2018 Securant Bank & Trust WI First-Citizens Bank & Trust Company
Oct 2, 2018 Capital Commerce Bancorp, Inc. WI First-Citizens Bank & Trust Company
Oct 1, 2018 Farmington Bank CT People's United Bank, National Association
Oct 1, 2018 Communityworks Fcu SC Self-Help Credit Union
Oct 1, 2018 Athens Bancshares Corporation TN Capstar Financial Holdings, Inc.
Oct 1, 2018 Post Oak Bancshares, Inc. TX Allegiance Bancshares, Inc.
Oct 1, 2018 Preferred Community Bank FL Achieva Credit Union
Oct 1, 2018 Icon Bank of Texas, National Association TX Cadence Bank
Oct 1, 2018 First Connecticut Bancorp, Inc. CT People's United Financial, Inc.
Oct 1, 2018 Post Oak Bank, N.A. TX Stellar Bank
Oct 1, 2018 South Sound Bank WA Timberland Bank
Oct 1, 2018 Community First Bancorp, Inc. PA Emclaire Financial Corp
Oct 1, 2018 Mercersburg Financial Corporation PA Orrstown Financial Services, Inc.
Oct 1, 2018 FM Bancorp, Inc. IL Merchants Bancorp
Oct 1, 2018 Cobiz Financial, Inc. CO BOKF Merger Corporation Number Sixteen

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