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