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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
Jul 1, 2019 Starcor Credit Union MN Saint Cloud Financial Credit Union
Jun 30, 2019 Entrust Financial Credit Union VA Valleystar Credit Union
Jun 29, 2019 Gilt Edge Employees Federal Credit Union OK Communication Federal Credit Union
Jun 15, 2019 Lynn Co Federal Credit Union TX Texas Tech Federal Credit Union
Jun 1, 2019 Kansas City P&G Employees Credit Union KS Azura Credit Union
Jun 1, 2019 Upper Michigan Community Credit Union MI Embers Credit Union
Jun 1, 2019 Fedone Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Jun 1, 2019 Sangamo-Oconee Employees Federal Credit Union SC S.C. State Federal Credit Union
May 31, 2019 Price Chopper Employees Federal Credit Union NY Sunmark Credit Union
May 31, 2019 Health Care of New Jersey Federal Credit Union NJ Healthcare Employees Federal Credit Union
May 31, 2019 Bard Employees Federal Credit Union NJ Baxter Credit Union
May 1, 2019 McGraw Hill Federal Credit Union NJ Pentagon Federal Credit Union
May 1, 2019 Urbana Postal Credit Union IL University of Illinois Community Credit Union
May 1, 2019 Cedars-Sinai Federal Credit Union CA Credit Union of Southern California, a Federal Credit Union
Apr 1, 2019 Credit Union South MS Sunbelt Federal Credit Union
Apr 1, 2019 Star Credit Union WI Summit Credit Union
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 Northeastern University Federal Credit Union MA City of Boston Credit Union
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 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 Soo Line Credit Union MN Magnifi Financial 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
Dec 31, 2019 Transcapital Bank FL Power Financial Credit Union
Dec 31, 2019 Ari Acquisition Corporation CT UBS Americas Inc.
Dec 31, 2019 Scotiabank de Puerto Rico PR Oriental Bank
Dec 31, 2019 Bank of Commerce OK Carson Community Bank
Dec 31, 2019 Salem Baptist Federal Credit Union NJ Liberty Savings Federal Credit Union
Dec 30, 2019 Sargent Bankshares, Inc. ND Napoleon Bancorporation, Inc.
Dec 18, 2019 Farmers State Bank of Danforth IL First Trust Bank of Illinois
Dec 18, 2019 Prairie State Bancorp, Inc. IL First Trust Financial Corp.
Dec 16, 2019 Magnify Credit Union FL Pentagon Federal Credit Union
Dec 15, 2019 Virginia Community Bank VA Blue Ridge Bank, N.A.
Dec 15, 2019 Virginia Community Bankshares, Inc. VA Blue Ridge Bankshares, Inc.
Dec 11, 2019 T H D 6 Credit Union TX Txdot Credit Union
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 First Trust & Savings Bank of Albany, Illinois IL Morton Community Bank
Dec 7, 2019 BankLiberty MO Central Bank of the Midwest
Dec 7, 2019 Suntrust Bank GA Truist Bank
Dec 7, 2019 Suntrust Bank Holding Company FL Truist Financial Corporation
Dec 7, 2019 Suntrust Banks, Inc. GA Truist Financial Corporation
Dec 7, 2019 Liberty Bancorp, Inc. MO First National Bancor, Inc.
Dec 5, 2019 Security Home Bank NE Cornerstone Bank
Dec 5, 2019 Malmo Bancorp, Inc. NE First York Ban Corp.
Dec 2, 2019 First State Bank of Colfax IA Bank Iowa
Dec 2, 2019 Platte County Bancshares, Inc. MO Platte Acquisition Corporation
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 Bancwest Corporation CA BNP Paribas USA, Inc.
Dec 1, 2019 Pinnacle Bank AZ Arizona Financial Credit Union
Dec 1, 2019 Rockford Bank and Trust Company IL Illinois Bank & Trust
Dec 1, 2019 Oritani Financial Corp NJ Valley National Bancorp
Dec 1, 2019 DNB Financial Corporation PA S&T Bancorp, Inc.
Dec 1, 2019 The Labor Credit Union WI Badger-Globe Credit Union
Dec 1, 2019 Fayetteville Postal Credit Union NC Piedmont Advantage Credit Union
Dec 1, 2019 Lincoln National Federal Credit Union NC Summit Credit Union
Dec 1, 2019 Waukegan Municipal Employees Credit Union IL Consumers Credit Union
Dec 1, 2019 CDSC Louisiana Federal Credit Union LA Carter Federal Credit Union
Dec 1, 2019 Turbine Federal Credit Union SC Self-Help Credit Union
Dec 1, 2019 Electrus Federal Credit Union MN Blaze Credit Union
Dec 1, 2019 Oregon Pioneer Federal Credit Union OR Hapo Community Credit Union
Dec 1, 2019 DNB First, National Association PA S & T Bank
Nov 30, 2019 City of Schenectady Employees Federal Credit Union NY Capital Communications Federal Credit Union
Nov 29, 2019 Tuscumbia Federal Credit Union AL Valley Credit Union
Nov 27, 2019 Zorm 2009, LLC NJ Oritani Bank
Nov 23, 2019 Old Line Bancshares, Inc. MD WesBanco, Inc.
Nov 23, 2019 Old Line Bank MD WesBanco Bank, Inc.
Nov 16, 2019 First Delta Bank AR Armor Bank
Nov 16, 2019 The First and Farmers Bank ND First State Bank
Nov 16, 2019 M a Ford Employees Credit Union IA Ascentra Credit Union
Nov 13, 2019 Fairport Federal Credit Union NY Finger Lakes Federal Credit Union
Nov 13, 2019 West Texas State Bank TX City Bank

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