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 |
|---|---|---|
| Mar 1, 2019 | Ccac Federal Credit Union | Greater Pittsburgh Federal Credit Union |
| Mar 1, 2019 | Colton School Employees Federal Credit Union | Bourns Employees Federal Credit Union |
| Mar 1, 2019 | Cheshire County Federal Credit Union | Gfa Federal Credit Union |
| Mar 1, 2019 | Beneficial Bank | Wilmington Savings Fund Society, FSB |
| Mar 1, 2019 | Wiregrass Federal Credit Union | All in Federal Credit Union |
| Mar 1, 2019 | Ibew 968 Federal Credit Union | Union Trades Federal Credit Union |
| Mar 1, 2019 | Mainland Bank | Investar Bank, N.A. |
| Mar 1, 2019 | Kopernik Bank | Bayvanguard Bank |
| Feb 23, 2019 | Unity Bank North | Unity Bank |
| Feb 23, 2019 | Unity Bank | Unity Bank |
| Feb 16, 2019 | Jacksonville Savings Bank | CNB Bank and Trust, N.A. |
| Feb 16, 2019 | The Jamestown State Bank | Guaranty State Bank and Trust Company |
| Feb 9, 2019 | Gunnison Valley Bank | State Bank of Southern Utah |
| Feb 2, 2019 | First State Bank of Wabasha | WNB Financial, N.A. |
| Feb 2, 2019 | Gateway State Bank | First Central State Bank |
| Feb 2, 2019 | Texas State Bank | American State Bank |
| Feb 1, 2019 | Spartan Federal Credit Union | South Carolina Federal Credit Union |
| Feb 1, 2019 | Coast-Tel Federal Credit Union | Bay Federal Credit Union |
| Feb 1, 2019 | Sunnyside Credit Union | American United Federal Credit Union |
| Feb 1, 2019 | M E C O Federal Credit Union | Select Federal Credit Union |
| Feb 1, 2019 | Capital Bank of New Jersey | OceanFirst Bank, N.A. |
| Feb 1, 2019 | Access National Corporation | Atlantic Union Bankshares Corporation |
| Feb 1, 2019 | Access National Bank | Atlantic Union Bank |
| Feb 1, 2019 | Merchants Holding Company | Bank of Commerce Holdings |
| Feb 1, 2019 | The Banc Ed Corp. | First Busey Corporation |
| Feb 1, 2019 | Fifth Third Equipment Finance Company | Fifth Third Bank, N.A. |
| Feb 1, 2019 | Itrust Federal Credit Union | Memphis City Employees Credit Union |
| Feb 1, 2019 | Auto Club Federal Credit Union | Certified Federal Credit Union |
| Feb 1, 2019 | Bridgewater Credit Union | Brightbridge Credit Union |
| Feb 1, 2019 | Great Lakes Credit Union, Inc. | Superior Credit Union Inc |
| Feb 1, 2019 | Generations Family Federal Credit Union | Team One Credit Union |
| Feb 1, 2019 | Augusta Vah Federal Credit Union | SRP Federal Credit Union |
| Feb 1, 2019 | The Merchants National Bank of Sacramento | Merchants Bank of Commerce |
| Feb 1, 2019 | Wod Federal Credit Union | Ufcw Community Federal Credit Union |
| Feb 1, 2019 | E T S Credit Union | Members1st Community Credit Union |
| Jan 28, 2019 | Urban Partnership Bank | Providence Bank & Trust |
| Jan 26, 2019 | United Community Bank | Hometown Bank |
| Jan 24, 2019 | Ajs Bancorp, Inc. | Finward Bancorp |
| Jan 24, 2019 | A J Smith Federal Savings Bank | Peoples Bank |
| Jan 23, 2019 | CFB Bancshares, Inc. | B.P.C. Corporation |
| Jan 19, 2019 | Andrews Holding Company | American Momentum Bank |
| Jan 19, 2019 | Commercial State Bank | American Momentum Bank |
| Jan 14, 2019 | Exchange State Bank | Security Savings Bank |
| Jan 5, 2019 | Jefferson County Bank | Heartland Bank |
| Jan 5, 2019 | Highlands Bancorp, Inc. | Lakeland Bancorp, Inc. |
| Jan 5, 2019 | Highlands State Bank | Lakeland Bank |
| Jan 5, 2019 | Jefferson County Bancshares, Inc. | Geneva State Company |
| Jan 5, 2019 | First National Fairbury Corporation | Geneva State Company |
| Jan 5, 2019 | The First National Bank of Fairbury | Heartland Bank |
| Jan 3, 2019 | Verus Bank | Citizens Bank of Kansas |
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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