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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
2019 in US banking ›

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

Biggest bank failures by assets ›

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
Sep 1, 2019 Shelby Community Federal Credit Union MT 1st Liberty Federal Credit Union
Sep 1, 2019 Grace Congregational Church Federal Credit Union NY Neighborhood Trust Federal Credit Union
Sep 1, 2019 Danbury Cyanamid Employees Credit Union CT Cornerstone Federal Credit Union
Aug 31, 2019 Village Credit Union IA Collins Community Credit Union
Aug 31, 2019 Champaign Postal Credit Union IL University of Illinois Community Credit Union
Aug 31, 2019 Cross Roads Credit Union MO United Consumers Credit Union
Aug 31, 2019 School District 162/163 Employees Federal Credit Union IL Illiana Financial Credit Union
Aug 31, 2019 Cosmopolitan Federal Credit Union IL Israel Methcomm Federal Credit Union
Aug 31, 2019 Hanesbrands Credit Union NC Members Credit Union
Aug 12, 2019 Antioch M B Federal Credit Union IL 1st Midamerica Credit Union
Aug 1, 2019 Holy Rosary Church Federal Credit Union PA Corner Post Federal Credit Union
Aug 1, 2019 Oak Point Employees Credit Union LA Instep Federal Credit Union
Aug 1, 2019 Inspirus Credit Union WA Gesa Credit Union
Aug 1, 2019 Federal Mogul Employees Federal Credit Union MI Community Choice Credit Union
Aug 1, 2019 Metro North Federal Credit Union MI Michigan United Credit Union
Aug 1, 2019 North Side Community Federal Credit Union IL Great Lakes Credit Union
Jul 29, 2019 Pacoima Development Federal Credit Union CA Gain Federal Credit Union
Jul 1, 2019 Constellation Federal Credit Union VA Northwest Federal Credit Union
Jul 1, 2019 S W E Federal Credit Union TX East Texas Professional Credit Union
Jul 1, 2019 McClatchy Employees Credit Union CA First U.S. Community Credit Union
Jul 1, 2019 CT1 Media Credit Union CT Hartford Federal Credit Union
Jul 1, 2019 Northern California Latvian Credit Union CA California Lithuanian Credit Union
Jul 1, 2019 Energy Services Federal Credit Union MN Blaze Credit Union
Jul 1, 2019 Boyds Federal Credit Union MD Mid-Atlantic Federal Credit Union
Jul 1, 2019 Southeast Texas Employee Federal Credit Union TX Fivepoint Credit Union

Credit union directory ›

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
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 The State National Bank in West TX Citizens State Bank
Oct 1, 2019 Homestead Federal Credit Union MT Altana Federal Credit Union
Oct 1, 2019 First Bank of Lilly PA Somerset Trust Company
Oct 1, 2019 Monarch Federal Credit Union OH Firefighters & Company Federal Credit Union
Oct 1, 2019 Bank of Mount Hope, Inc. WV Pendleton Community Bank, Inc.
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 Express-News Federal Credit Union TX Randolph-Brooks 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
Oct 1, 2019 First State Bank TX Bom Bank
Oct 1, 2019 National Bancshares Waupun, Inc. WI Neb Corporation
Oct 1, 2019 Cairo/moberly Bancshares, Inc. MO RMB Bancshares, Inc.
Oct 1, 2019 Beverly Bank MA TruNorth Bank
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 First State Bank, Inc. KY Farmers Bank & Trust Company
Sep 28, 2019 Community Bancorp of Kentucky, Inc. KY Farmers Bancorp, Inc. of Marion, Kentucky
Sep 28, 2019 Whitehall Credit Union OH Pathways Financial Credit Union, Inc.
Sep 23, 2019 Panora State Bank IA Iowa Trust & Savings Bank
Sep 22, 2019 Good Counsel Federal Credit Union NY Brooklyn Cooperative Federal Credit Union
Sep 21, 2019 De Witt Bank and Trust Company AR Stone Bank
Sep 21, 2019 Midsouth Bank, N.A. LA Hancock Whitney Bank
Sep 21, 2019 Midsouth Bancorp, Inc. LA Hancock Whitney Corporation
Sep 14, 2019 Lafayette Ambassador Bank PA Fulton Bank, N.A.
Sep 14, 2019 Small Town Bank AL Southern States Bank
Sep 14, 2019 East Alabama Financial Group, Inc. AL Southern States Bancshares, Inc.
Sep 14, 2019 The Columbia Bank MD Fulton Bank, N.A.
Sep 14, 2019 GSB Bancshares, Inc. TX Circle I Bank Group, Inc.
Sep 14, 2019 Gruver State Bank TX Western Bank
Sep 13, 2019 Postal Employees of Troy, N.Y. Federal Credit Union NY Capital Communications Federal Credit Union
Sep 6, 2019 Lakeside Bancshares, Inc. TX PFBS Holdings, Inc.
Sep 3, 2019 Brickell Bank FL Banesco USA
Sep 2, 2019 Premier National Investment Company, Inc. NY Manufacturers and Traders Trust Company
Sep 2, 2019 M&T Real Estate Trust NY Manufacturers and Traders Trust Company
Sep 1, 2019 Fidelity Bank of Florida, N.A. FL Addition Financial Credit Union
Sep 1, 2019 Pistachio Newco Inc. CA Mechanics Bank
Sep 1, 2019 Summit Financial Enterprises, Inc. FL Cadence Bank
Sep 1, 2019 Summit Bank, National Association FL Cadence Bank
Sep 1, 2019 Providence Bank GA Heritage Southeast Bank
Sep 1, 2019 MBT Financial Corp. MI First Merchants Corporation
Sep 1, 2019 Martin Luther King Credit Union TX Priority Trust 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.

Explore: all mergers · 2019 bank events · browse by acquirer · bank failures · all events