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Mergers by Year

Bank Mergers in 2019

236 banks were acquired or merged into another institution in 2019, and 141 credit unions merged, according to the Federal Reserve's National Information Center (NIC). NIC recorded 547 merger records in 2019 against 643 in 2018.

236
Banks acquired
11 bought by a credit union
141
Credit unions merged
NIC, credit unions as the acquired side
143
Holding companies
Bank holding companies merged
547
All merger records

Largest bank mergers of 2019

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, 2019 Bank of Commerce OK — Carson Community Bank
Dec 31, 2019 Scotiabank de Puerto Rico PR — Oriental Bank
Dec 31, 2019 Transcapital Bank FL — Power Financial Credit Union
Dec 18, 2019 Farmers State Bank of Danforth IL — First Trust Bank of Illinois
Dec 15, 2019 Virginia Community Bank VA — Blue Ridge Bank, N.A.
Dec 10, 2019 First Covenant Bank GA — First Century Bank, N.A.
Dec 9, 2019 Commercial State Bank GA — Georgia Community Bank
Dec 7, 2019 Suntrust Bank GA — Truist Bank
Dec 7, 2019 First Trust & Savings Bank of Albany, Illinois IL — Morton Community Bank
Dec 7, 2019 BankLiberty MO — Central Bank of the Midwest
Dec 5, 2019 Security Home Bank NE — Cornerstone Bank
Dec 2, 2019 First State Bank of Colfax IA — Bank Iowa
Dec 2, 2019 First State Bank of Ashby MN — Viking Bank, N.A.
Dec 1, 2019 Oritani Bank NJ — Valley National Bank
Dec 1, 2019 Rockford Bank and Trust Company IL — Illinois Bank & Trust

Credit union mergers in 2019

141 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2019.

Effective Merged credit union State Surviving institution
Oct 28, 2019 Peoples Choice Federal Credit Union PA Citymark Federal Credit Union
Oct 1, 2019 Express-News Federal Credit Union TX Randolph-Brooks Federal Credit Union
Oct 1, 2019 Community Hope Federal Credit Union NE Cobalt Federal Credit Union
Oct 1, 2019 Kokomo Heritage Federal Credit Union IN Financial Center First Credit Union
Oct 1, 2019 South Florida Federal Credit Union FL Guardians Credit Union
Oct 1, 2019 Judds Federal Credit Union MD MVP Postal and Printing Federal Credit Union
Oct 1, 2019 Healthcare 1st Federal Credit Union MD Potomac Federal Credit Union
Oct 1, 2019 Ohio Operating Engineers Federal Credit Union OH Best Reward Federal Credit Union
Oct 1, 2019 Northampton Vaf Federal Credit Union MA Umassfive College Federal Credit Union
Oct 1, 2019 The Cornerstone Credit Union IA Vibrant Credit Union
Oct 1, 2019 Deer Valley Credit Union AZ Copper State Credit Union
Oct 1, 2019 Homestead Federal Credit Union MT Altana Federal Credit Union
Oct 1, 2019 Monarch Federal Credit Union OH Firefighters & Company Federal Credit Union
Oct 1, 2019 Peoples First Federal Credit Union AL Americas First Federal Credit Union
Oct 1, 2019 Hawaii Pacific Federal Credit Union HI Aloha Pacific Federal Credit Union
Oct 1, 2019 SB Community Federal Credit Union MI Service 1 Federal Credit Union
Oct 1, 2019 Carco Federal Credit Union MD Educational Systems Federal Credit Union
Oct 1, 2019 The Partnership Federal Credit Union VA Nasa Federal Credit Union
Sep 30, 2019 Erie Metro Federal Credit Union NY Financial Trust Federal Credit Union
Sep 30, 2019 Electchester Federal Credit Union NY Consumers Federal Credit Union
Sep 28, 2019 Whitehall Credit Union OH Pathways Financial Credit Union, Inc.
Sep 22, 2019 Good Counsel Federal Credit Union NY Brooklyn Cooperative Federal Credit Union
Sep 13, 2019 Postal Employees of Troy, N.Y. Federal Credit Union NY Capital Communications Federal Credit Union
Sep 1, 2019 Monroe Education Employees Federal Credit Union AL Gulf Winds Credit Union
Sep 1, 2019 Martin Luther King Credit Union TX Priority Trust Credit Union

Every merger recorded in 2019

547 NIC merger records in 2019 involve a bank, credit union or bank holding company on at least one side, newest first.

Date Acquired institution State Acquirer
Mar 1, 2019 Ccac Federal Credit Union PA Greater Pittsburgh Federal Credit Union
Mar 1, 2019 Colton School Employees Federal Credit Union CA Bourns Employees Federal Credit Union
Mar 1, 2019 Cheshire County Federal Credit Union NH Gfa Federal Credit Union
Mar 1, 2019 Beneficial Bank PA Wilmington Savings Fund Society, FSB
Mar 1, 2019 Wiregrass Federal Credit Union AL All in Federal Credit Union
Mar 1, 2019 Ibew 968 Federal Credit Union WV Union Trades Federal Credit Union
Mar 1, 2019 Mainland Bank TX Investar Bank, N.A.
Mar 1, 2019 Kopernik Bank MD Bayvanguard Bank
Feb 23, 2019 Unity Bank North MN Unity Bank
Feb 23, 2019 Unity Bank MN Unity Bank
Feb 16, 2019 Jacksonville Savings Bank IL CNB Bank and Trust, N.A.
Feb 16, 2019 The Jamestown State Bank KS Guaranty State Bank and Trust Company
Feb 9, 2019 Gunnison Valley Bank UT State Bank of Southern Utah
Feb 2, 2019 First State Bank of Wabasha MN WNB Financial, N.A.
Feb 2, 2019 Gateway State Bank IA First Central State Bank
Feb 2, 2019 Texas State Bank TX American State Bank
Feb 1, 2019 Spartan Federal Credit Union SC South Carolina Federal Credit Union
Feb 1, 2019 Coast-Tel Federal Credit Union CA Bay Federal Credit Union
Feb 1, 2019 Sunnyside Credit Union UT American United Federal Credit Union
Feb 1, 2019 M E C O Federal Credit Union TX Select Federal Credit Union
Feb 1, 2019 Capital Bank of New Jersey NJ OceanFirst Bank, N.A.
Feb 1, 2019 Access National Corporation VA Atlantic Union Bankshares Corporation
Feb 1, 2019 Access National Bank VA Atlantic Union Bank
Feb 1, 2019 Merchants Holding Company CA Bank of Commerce Holdings
Feb 1, 2019 The Banc Ed Corp. IL First Busey Corporation
Feb 1, 2019 Fifth Third Equipment Finance Company OH Fifth Third Bank, N.A.
Feb 1, 2019 Itrust Federal Credit Union TN Memphis City Employees Credit Union
Feb 1, 2019 Auto Club Federal Credit Union CA Certified Federal Credit Union
Feb 1, 2019 Bridgewater Credit Union MA Brightbridge Credit Union
Feb 1, 2019 Great Lakes Credit Union, Inc. OH Superior Credit Union Inc
Feb 1, 2019 Generations Family Federal Credit Union MI Team One Credit Union
Feb 1, 2019 Augusta Vah Federal Credit Union GA SRP Federal Credit Union
Feb 1, 2019 The Merchants National Bank of Sacramento CA Merchants Bank of Commerce
Feb 1, 2019 Wod Federal Credit Union PA Ufcw Community Federal Credit Union
Feb 1, 2019 E T S Credit Union IA Members1st Community Credit Union
Jan 28, 2019 Urban Partnership Bank IL Providence Bank & Trust
Jan 26, 2019 United Community Bank WI Hometown Bank
Jan 24, 2019 Ajs Bancorp, Inc. IL Finward Bancorp
Jan 24, 2019 A J Smith Federal Savings Bank IL Peoples Bank
Jan 23, 2019 CFB Bancshares, Inc. TN B.P.C. Corporation
Jan 19, 2019 Andrews Holding Company TX American Momentum Bank
Jan 19, 2019 Commercial State Bank TX American Momentum Bank
Jan 14, 2019 Exchange State Bank MN Security Savings Bank
Jan 5, 2019 Jefferson County Bank NE Heartland Bank
Jan 5, 2019 Highlands Bancorp, Inc. NJ Lakeland Bancorp, Inc.
Jan 5, 2019 Highlands State Bank NJ Lakeland Bank
Jan 5, 2019 Jefferson County Bancshares, Inc. NE Geneva State Company
Jan 5, 2019 First National Fairbury Corporation NE Geneva State Company
Jan 5, 2019 The First National Bank of Fairbury NE Heartland Bank
Jan 3, 2019 Verus Bank KS Citizens Bank of Kansas

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 · 2019 bank events · browse by acquirer · bank failures · all events