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.
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 | Assets | Acquirer |
|---|---|---|---|
| Dec 31, 2019 | Bank of Commerce | — | Carson Community Bank |
| Dec 31, 2019 | Scotiabank de Puerto Rico | — | Oriental Bank |
| Dec 31, 2019 | Transcapital Bank | — | Power Financial Credit Union |
| Dec 18, 2019 | Farmers State Bank of Danforth | — | First Trust Bank of Illinois |
| Dec 15, 2019 | Virginia Community Bank | — | Blue Ridge Bank, N.A. |
| Dec 10, 2019 | First Covenant Bank | — | First Century Bank, N.A. |
| Dec 9, 2019 | Commercial State Bank | — | Georgia Community Bank |
| Dec 7, 2019 | Suntrust Bank | — | Truist Bank |
| Dec 7, 2019 | First Trust & Savings Bank of Albany, Illinois | — | Morton Community Bank |
| Dec 7, 2019 | BankLiberty | — | Central Bank of the Midwest |
| Dec 5, 2019 | Security Home Bank | — | Cornerstone Bank |
| Dec 2, 2019 | First State Bank of Colfax | — | Bank Iowa |
| Dec 2, 2019 | First State Bank of Ashby | — | Viking Bank, N.A. |
| Dec 1, 2019 | Oritani Bank | — | Valley National Bank |
| Dec 1, 2019 | Rockford Bank and Trust Company | — | Illinois Bank & Trust |
Credit union mergers in 2019
141 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2019.
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 | Acquirer |
|---|---|---|
| Dec 31, 2019 | Transcapital Bank | Power Financial Credit Union |
| Dec 31, 2019 | Ari Acquisition Corporation | UBS Americas Inc. |
| Dec 31, 2019 | Scotiabank de Puerto Rico | Oriental Bank |
| Dec 31, 2019 | Bank of Commerce | Carson Community Bank |
| Dec 31, 2019 | Salem Baptist Federal Credit Union | Liberty Savings Federal Credit Union |
| Dec 30, 2019 | Sargent Bankshares, Inc. | Napoleon Bancorporation, Inc. |
| Dec 18, 2019 | Farmers State Bank of Danforth | First Trust Bank of Illinois |
| Dec 18, 2019 | Prairie State Bancorp, Inc. | First Trust Financial Corp. |
| Dec 16, 2019 | Magnify Credit Union | Pentagon Federal Credit Union |
| Dec 15, 2019 | Virginia Community Bank | Blue Ridge Bank, N.A. |
| Dec 15, 2019 | Virginia Community Bankshares, Inc. | Blue Ridge Bankshares, Inc. |
| Dec 11, 2019 | T H D 6 Credit Union | Txdot Credit Union |
| Dec 10, 2019 | First Covenant Bank | First Century Bank, N.A. |
| Dec 9, 2019 | Commercial State Bank | Georgia Community Bank |
| Dec 7, 2019 | First Trust & Savings Bank of Albany, Illinois | Morton Community Bank |
| Dec 7, 2019 | BankLiberty | Central Bank of the Midwest |
| Dec 7, 2019 | Suntrust Bank | Truist Bank |
| Dec 7, 2019 | Suntrust Bank Holding Company | Truist Financial Corporation |
| Dec 7, 2019 | Suntrust Banks, Inc. | Truist Financial Corporation |
| Dec 7, 2019 | Liberty Bancorp, Inc. | First National Bancor, Inc. |
| Dec 5, 2019 | Security Home Bank | Cornerstone Bank |
| Dec 5, 2019 | Malmo Bancorp, Inc. | First York Ban Corp. |
| Dec 2, 2019 | First State Bank of Colfax | Bank Iowa |
| Dec 2, 2019 | Platte County Bancshares, Inc. | Platte Acquisition Corporation |
| Dec 2, 2019 | First State Bank of Ashby | Viking Bank, N.A. |
| Dec 1, 2019 | Oritani Bank | Valley National Bank |
| Dec 1, 2019 | Bancwest Corporation | BNP Paribas USA, Inc. |
| Dec 1, 2019 | Pinnacle Bank | Arizona Financial Credit Union |
| Dec 1, 2019 | Rockford Bank and Trust Company | Illinois Bank & Trust |
| Dec 1, 2019 | Oritani Financial Corp | Valley National Bancorp |
| Dec 1, 2019 | DNB Financial Corporation | S&T Bancorp, Inc. |
| Dec 1, 2019 | The Labor Credit Union | Badger-Globe Credit Union |
| Dec 1, 2019 | Fayetteville Postal Credit Union | Piedmont Advantage Credit Union |
| Dec 1, 2019 | Lincoln National Federal Credit Union | Summit Credit Union |
| Dec 1, 2019 | Waukegan Municipal Employees Credit Union | Consumers Credit Union |
| Dec 1, 2019 | CDSC Louisiana Federal Credit Union | Carter Federal Credit Union |
| Dec 1, 2019 | Turbine Federal Credit Union | Self-Help Credit Union |
| Dec 1, 2019 | Electrus Federal Credit Union | Blaze Credit Union |
| Dec 1, 2019 | Oregon Pioneer Federal Credit Union | Hapo Community Credit Union |
| Dec 1, 2019 | DNB First, National Association | S & T Bank |
| Nov 30, 2019 | City of Schenectady Employees Federal Credit Union | Capital Communications Federal Credit Union |
| Nov 29, 2019 | Tuscumbia Federal Credit Union | Valley Credit Union |
| Nov 27, 2019 | Zorm 2009, LLC | Oritani Bank |
| Nov 23, 2019 | Old Line Bancshares, Inc. | WesBanco, Inc. |
| Nov 23, 2019 | Old Line Bank | WesBanco Bank, Inc. |
| Nov 16, 2019 | First Delta Bank | Armor Bank |
| Nov 16, 2019 | The First and Farmers Bank | First State Bank |
| Nov 16, 2019 | M a Ford Employees Credit Union | Ascentra Credit Union |
| Nov 13, 2019 | Fairport Federal Credit Union | Finger Lakes Federal Credit Union |
| Nov 13, 2019 | West Texas State Bank | City Bank |
Bank mergers by year
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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