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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
Apr 1, 2019 The Oculina Bank FL Ithink Financial Credit Union
Apr 1, 2019 Gateway Community Bank IL SENB Bank
Apr 1, 2019 Western Bancshares of Alamogordo, Inc. NM Beresford Bancorporation, Inc.
Apr 1, 2019 FNB Bancshares of Central Alabama, Inc. AL BankFirst Capital Corporation
Apr 1, 2019 York County Federal Credit Union ME Atlantic Regional Federal Credit Union
Apr 1, 2019 Desert Communities Federal Credit Union CA Arrowhead Federal Credit Union
Apr 1, 2019 Metuchen Savings Bank NJ Manasquan Bank
Apr 1, 2019 Northeastern University Federal Credit Union MA City of Boston Credit Union
Apr 1, 2019 FNB Of Central Alabama AL BankFirst Financial Services
Apr 1, 2019 Union Building and Loan Savings Bank PA Brentwood Bank
Apr 1, 2019 Central Bank and Trust Co. KS RCB Bank
Apr 1, 2019 Allsteel Credit Union IL Fox Valley Credit Union
Apr 1, 2019 NBC (N.Y.) Employees Federal Credit Union NY Xcel Federal Credit Union
Apr 1, 2019 Grand Bank of Texas TX Cadence Bank
Apr 1, 2019 Coastal Heritage Bank MA Coastal Heritage Bank
Apr 1, 2019 Sugardale Employees Credit Union, Inc. OH Superior Savings Credit Union
Apr 1, 2019 Beaver Avenue Federal Credit Union PA Omega Federal Credit Union
Apr 1, 2019 District 8 Highway Employees Credit Union MO Metro+ Federal Credit Union dba Metro Credit Union
Apr 1, 2019 Belmont Savings Bank MA People's United Bank, National Association
Apr 1, 2019 Farmers and Merchants Savings Bank IA Freedombank
Apr 1, 2019 Soo Line Credit Union MN Magnifi Financial Credit Union
Apr 1, 2019 Consol Employees Credit Union PA Century Heritage Federal Credit Union
Apr 1, 2019 Western Bank NM First Savings Bank
Apr 1, 2019 Merchants Bank AL Cadence Bank
Apr 1, 2019 Credit Union South MS Sunbelt Federal Credit Union
Apr 1, 2019 Incenta Federal Credit Union OH Pathways Financial Credit Union, Inc.
Apr 1, 2019 Blue Hills Bank MA Rockland Trust Company
Mar 30, 2019 Kootenai Valley Federal Credit Union MT Mountain West Federal Credit Union
Mar 26, 2019 Salin Bancshares, Inc. IN Horizon Bancorp, Inc.
Mar 26, 2019 Salin Bank and Trust Company IN Horizon Bank
Mar 23, 2019 CoBiz Bank CO BOKF, N.A.
Mar 23, 2019 The Bank of Washington WA Sound Credit Union
Mar 23, 2019 West Springfield Federal Credit Union MA Freedom Credit Union
Mar 22, 2019 Fifth Third Merger Sub, Inc MD MB Financial, Inc.
Mar 16, 2019 Mwabank IL Axos Bank
Mar 9, 2019 Union Community Bank PA Northwest Bank
Mar 9, 2019 Donegal Financial Services Corp. PA Northwest Bancshares Inc
Mar 9, 2019 Abna Holdings, Inc. TX Bright Force Holding, Inc.
Mar 8, 2019 Trinity Capital Corporation NM Enterprise Financial Services Corp
Mar 8, 2019 Los Alamos National Bank NM Enterprise Bank & Trust
Mar 6, 2019 Mount Vernon Bankshares, Inc. TX Alliance Bancshares, Inc.
Mar 6, 2019 The First National Bank of Mount Vernon TX Alliance Bank
Mar 4, 2019 Commerce National Financial Services, Inc. TX Amarillo National Bancorp, Inc.
Mar 4, 2019 Lubbock National Bank TX Amarillo National Bank
Mar 2, 2019 FPB Financial Corp LA The First Bancshares, Inc.
Mar 2, 2019 Florida Parishes Bank LA The First Bank
Mar 1, 2019 Isb Mortgage Company, LLC NJ Investors Bank
Mar 1, 2019 Beneficial Bancorp, Inc. PA WSFS Financial Corporation
Mar 1, 2019 FB Bancshares, Inc. TX First Bancshares of Texas, Inc.
Mar 1, 2019 First McHenry Corporation IL Blackhawk Bancorp, Inc.

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