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 |
|---|---|---|
| May 1, 2019 | Community Bank of Oak Park River Forest | Byline Bank |
| May 1, 2019 | Citizens Independent Bancorp, Inc. | Merchants Bancorp, Inc. |
| May 1, 2019 | Atbancorp | Midwestone Financial Group, Inc. |
| May 1, 2019 | Peoples Commerce Corporation | Commerce Bancorp, Inc |
| May 1, 2019 | King Bancorp, Inc. | Stock Yards Bancorp, Inc. |
| May 1, 2019 | King Southern Bank | Stock Yards Bank & Trust Company |
| May 1, 2019 | The Citizens Bank of Logan, Ohio | Merchants National Bank |
| May 1, 2019 | Peoples Bank & Trust Company | Bank of Commerce |
| May 1, 2019 | Kingsley State Bank | Midstates Bank, N.A. |
| May 1, 2019 | The First National Bank of Layton | Glacier Bank |
| May 1, 2019 | American Trust & Savings Bank | MidWestOne Bank |
| May 1, 2019 | Urbana Postal Credit Union | University of Illinois Community Credit Union |
| May 1, 2019 | Hamilton Bank | Orrstown Bank |
| May 1, 2019 | McGraw Hill Federal Credit Union | Pentagon Federal Credit Union |
| May 1, 2019 | Cedars-Sinai Federal Credit Union | Credit Union of Southern California, a Federal Credit Union |
| May 1, 2019 | American Bank & Trust Wisconsin | MidWestOne Bank |
| May 1, 2019 | Farmers & Merchants Bank | Morris Bank |
| Apr 30, 2019 | Mutual Bank | North Easton Savings Bank |
| Apr 30, 2019 | Oritani Finance | Oritani Bank |
| Apr 27, 2019 | State Bank of Marietta | Prairie Sun Bank |
| Apr 18, 2019 | Optima Bank and Trust Company | Cambridge Trust Company |
| Apr 13, 2019 | The Nekoma State Bank | SJN Bank of Kansas |
| Apr 13, 2019 | Rolfe State Bank | United Bank of Iowa |
| Apr 13, 2019 | The First Commonwealth Bank of Prestonsburg, Inc. | Peoples Bank |
| Apr 13, 2019 | Reliance Bancshares, Inc. | Simmons First National Corporation |
| Apr 13, 2019 | Reliance Bank | Simmons Bank |
| Apr 13, 2019 | First Prestonsburg Bancshares, Inc. | Peoples Bancorp Inc. |
| Apr 8, 2019 | Idaho Independent Bank | First Interstate Bank |
| Apr 8, 2019 | Community 1st Bank | First Interstate Bank |
| Apr 6, 2019 | Mercantile Bank | United Community Bank |
| Apr 6, 2019 | Soy Capital Bank and Trust Company | First Mid Bank & Trust, N.A. |
| Apr 3, 2019 | First Beeville Financial Corporation | Spirit of Texas Bancshares, Inc. |
| Apr 3, 2019 | The First National Bank of Beeville | Spirit of Texas Bank, SSB |
| Apr 2, 2019 | Biscayne Bank | First-Citizens Bank & Trust Company |
| Apr 2, 2019 | Tmi Trust Company | Tmi Trust Company |
| Apr 2, 2019 | Biscayne Bancshares, Inc. | First-Citizens Bank & Trust Company |
| Apr 2, 2019 | The First National Bank of Girard | Gnbank, N.A. dba Gnbank, N.A. |
| Apr 1, 2019 | Cab Financial Corporation | Park National Corporation |
| Apr 1, 2019 | Monument Bancorp Inc | Citizens & Northern Corporation |
| Apr 1, 2019 | BSB Bancorp Inc. | People's United Financial, Inc. |
| Apr 1, 2019 | South Shore Mutual Holding Company | Equitable Bancorp, Inc. |
| Apr 1, 2019 | Hometown Bankshares Corporation | American National Bankshares Inc. |
| Apr 1, 2019 | Blue Hills Bancorp, Inc. | Independent Bank Corp. |
| Apr 1, 2019 | Monument Bank | Citizens & Northern Bank |
| Apr 1, 2019 | National Commerce Corporation | Centerstate Bank Corporation |
| Apr 1, 2019 | Carolina Alliance Bank | The Park National Bank |
| Apr 1, 2019 | Gateway Banc Corp. | McLaughlin Holding Company |
| Apr 1, 2019 | HomeTown Bank | American National Bank and Trust Company |
| Apr 1, 2019 | Star Credit Union | Summit Credit Union |
| Apr 1, 2019 | National Bank of Commerce | SouthState Bank, N.A. |
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.
Explore: all mergers · 2019 bank events · browse by acquirer · bank failures · all events