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 |
|---|---|---|
| Jan 2, 2019 | Citizens Bank of Pennsylvania | Citizens Bank, N.A. |
| Jan 2, 2019 | Fifth Third Mortgage Company | Fifth Third Bank, N.A. |
| Jan 1, 2019 | Big Muddy Bancorp, Inc. | Eagle Bancorp Montana, Inc. |
| Jan 1, 2019 | Swisher Bankshares, Inc. | Ajj Bancorp, Inc. |
| Jan 1, 2019 | Lincoln S.B. Corp. | HBT Financial, Inc. |
| Jan 1, 2019 | Bremer Trust, N.A. | Bremer Bank, National Association |
| Jan 1, 2019 | Caprice Corporation | Kimberly Leasing Corporation |
| Jan 1, 2019 | Augusta Financial Corporation | Kimberly Leasing Corporation |
| Jan 1, 2019 | Centralalliance Credit Union | Covantage Credit Union |
| Jan 1, 2019 | Shacog Federal Credit Union | Southwest Communities Federal Credit Union |
| Jan 1, 2019 | Hamilton Federal Credit Union | Community First Credit Union |
| Jan 1, 2019 | Vibe Credit Union | Vibe Credit Union |
| Jan 1, 2019 | First Security Credit Union | Vicinity Credit Union |
| Jan 1, 2019 | Evonik Employees Federal Credit Union | Gulf Coast Federal Credit Union |
| Jan 1, 2019 | Associates Federal Credit Union | Comtrust Federal Credit Union |
| Jan 1, 2019 | First Peoples Bank, Inc. | Summit Community Bank, Inc |
| Jan 1, 2019 | Shyann Federal Credit Union | Nuvision Federal Credit Union |
| Jan 1, 2019 | Guaranty Bank and Trust Company | Independent Bank |
| Jan 1, 2019 | Bank of Geneva | The Farmers & Merchants State Bank |
| Jan 1, 2019 | Mill City Credit Union | City & County Credit Union |
| Jan 1, 2019 | The State Bank of Townsend | Opportunity Bank of Montana |
| Jan 1, 2019 | Portalliance Federal Credit Union | Chartway Federal Credit Union |
| Jan 1, 2019 | Big SKY Federal Credit Union | Billings Federal Credit Union |
| Jan 1, 2019 | Minnesota Ore Operations Employees Credit Union | Northridge Community Credit Union |
| Jan 1, 2019 | Fellowship Credit Union | Randolph-Brooks Federal Credit Union |
| Jan 1, 2019 | Tolna Credit Union | North Star Community Credit Union |
| Jan 1, 2019 | Chadwick Federal Credit Union | City of Boston Credit Union |
| Jan 1, 2019 | Progressive Credit Union | Pentagon Federal Credit Union |
| Jan 1, 2019 | Kingsville Area Educators Federal Credit Union | Coastlife Credit Union |
| Jan 1, 2019 | Swisher Trust & Savings Bank | Central State Bank |
| Jan 1, 2019 | Aurora Credit Union | Educators Credit Union |
| Jan 1, 2019 | Merced Municipal Employees Credit Union | Merced School Employees Federal Credit Union |
| Jan 1, 2019 | Clover Community Bank | Carolina Trust Bank |
| Jan 1, 2019 | Florida Community Bank, National Association | Synovus Bank |
| Jan 1, 2019 | State Bank Financial Corporation | Cadence Bancorporation |
| Jan 1, 2019 | FCB Financial Holdings, Inc. | Synovus Financial Corp. |
| Jan 1, 2019 | Green Bancorp, Inc. | Veritex Holdings, Inc. |
| Jan 1, 2019 | State Bank and Trust Company | Cadence Bank, N.A. |
| Jan 1, 2019 | Saint John Self-Help Federal Credit Union | Louisiana Federal Credit Union |
| Jan 1, 2019 | Guaranty Bancorp | Independent Bank Group, Inc. |
| Jan 1, 2019 | Greater Hudson Bank | ConnectOne Bank |
| Jan 1, 2019 | Frontier Savings Bank | Glenwood State Bank |
| Jan 1, 2019 | Limberlost Bancshares, Inc. | Farmers & Merchants Bancorp, Inc. |
| Jan 1, 2019 | Green Bank, National Association | Veritex Community Bank |
| Jan 1, 2019 | Clover Community Bankshares, Inc. | Carolina Trust Bancshares, Inc. |
| Jan 1, 2019 | Peoples State Bank | Drummond Community Bank |
| Jan 1, 2019 | PSB Bancgroup, Inc. | Drummond Banking Company |
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