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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
Dec 31, 2019 Salem Baptist Federal Credit Union NJ Liberty Savings Federal Credit Union
Dec 16, 2019 Magnify Credit Union FL Pentagon Federal Credit Union
Dec 11, 2019 T H D 6 Credit Union TX Txdot 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 The Labor Credit Union WI Badger-Globe Credit Union
Dec 1, 2019 Fayetteville Postal Credit Union NC Piedmont Advantage Credit Union
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 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 9, 2019 White Haven Center Employees Federal Credit Union PA Choice One Community Federal Credit Union
Nov 1, 2019 Cable Federal Credit Union IN Riverside Community Federal Credit Union
Nov 1, 2019 Union of Poles in America Credit Union OH Pse Credit Union, Inc.
Nov 1, 2019 Mapleton Public Schools Federal Credit Union CO Westerra Credit Union
Nov 1, 2019 Unity Federal Credit Union NJ American Heritage Federal Credit Union
Nov 1, 2019 Sugar Growers Federal Credit Union TX Rio Grande Valley Credit Union
Nov 1, 2019 Miller Transporters Federal Credit Union MS Centuryfirst Federal Credit Union
Nov 1, 2019 F C S Federal Credit Union TX Texas Tech Federal Credit Union
Nov 1, 2019 Lauhoff Employees Credit Union IL Landmark Credit Union
Oct 28, 2019 City Center Credit Union UT America First Federal 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
Sep 1, 2019 Van Alstyne Financial Corporation TX Cadence Bank
Sep 1, 2019 Heritage Bancorporation, Inc. GA Heritage Southeast Bancorporation, Inc.
Sep 1, 2019 Shelby Community Federal Credit Union MT 1st Liberty Federal Credit Union
Sep 1, 2019 Rabobank, N.A. CA Mechanics Bank
Sep 1, 2019 The Heritage Bank GA Heritage Southeast Bank
Sep 1, 2019 Grace Congregational Church Federal Credit Union NY Neighborhood Trust Federal Credit Union
Sep 1, 2019 Monroe Education Employees Federal Credit Union AL Gulf Winds Credit Union
Sep 1, 2019 Monroe Bank & Trust MI First Merchants Bank
Sep 1, 2019 Danbury Cyanamid Employees Credit Union CT Cornerstone Federal Credit Union
Sep 1, 2019 Texas Star Bank TX Cadence Bank
Aug 31, 2019 New Valley Central Bank OH Valley Central Bank
Aug 31, 2019 Northside Bancshares, Inc. GA First Chatsworth Bankshares, Inc.
Aug 31, 2019 Northside Bank GA First National Community Bank
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 31, 2019 Village Credit Union IA Collins Community Credit Union
Aug 30, 2019 Farmers and Merchants State Bank of Neola, Iowa IA Midstates Bank, N.A.
Aug 27, 2019 MB Financial, Inc. IL Fifth Third Bancorp
Aug 24, 2019 The Nicollet County Bank of Saint Peter MN Pioneer Bank
Aug 17, 2019 State Bank IA Fidelity Bank & Trust
Aug 17, 2019 Farmers and Merchants State Bank of Sacred Heart MN Citizens Alliance Bank
Aug 17, 2019 First Minnesota Bank MN Cortrust Bank N.A.
Aug 15, 2019 HarborOne Mutual Bancshares MA HarborOne Bancorp, Inc.
Aug 12, 2019 Antioch M B Federal Credit Union IL 1st Midamerica Credit Union
Aug 10, 2019 The Lyons State Bank KS Peoples Bank and Trust Company
Aug 10, 2019 Chinatown Federal Savings Bank NY Hanover Community Bank
Aug 7, 2019 Kirkwood Bancorporation of Nevada, Inc. NV JBNV Holding Corp
Aug 6, 2019 Summit Bank of Kansas City MO Citizens Bank and Trust Company
Aug 3, 2019 Citizens State Bank FL Vystar Credit Union
Aug 1, 2019 Metro North Federal Credit Union MI Michigan United Credit Union
Aug 1, 2019 Heritage Bancorp NV Glacier Bancorp, Inc.
Aug 1, 2019 Advantage Bank CO First National Bank
Aug 1, 2019 Primesouth Bancshares, Inc. AL CBS BANC-CORP.
Aug 1, 2019 Graff Family, Inc. NE MNB Financial Services, Inc.
Aug 1, 2019 TCF Financial Corporation MN TCF Financial Corporation
Aug 1, 2019 Heritage Bank of Nevada NV Glacier Bank
Aug 1, 2019 MNB Financial Group, Inc. NE MNB Financial Services, Inc.
Aug 1, 2019 First Newton Bankshares, Inc. KS INTRUST Financial Corporation
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 Chemical Bank MI TCF National Bank
Aug 1, 2019 Federal Mogul Employees Federal Credit Union MI Community Choice Credit Union
Aug 1, 2019 PrimeSouth Bank AL CB&S Bank, Inc.
Aug 1, 2019 Holy Rosary Church Federal Credit Union PA Corner Post Federal 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 27, 2019 Hopfed Bancorp, Inc. KY First Financial Corporation

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