Mergers by Year
Bank Mergers in 2021
173 banks were acquired or merged into another institution in 2021, and 158 credit unions merged, according to the Federal Reserve's National Information Center (NIC). The largest bank deal was BBVA USA into PNC Bank, N.A., effective October 9, 2021; the acquired bank reported $87.22B in assets before the deal. NIC recorded 437 merger records in 2021 against 437 in 2020.
Largest bank mergers of 2021
Ranked by the acquired bank's total assets at its last call report before the effective date.
| Effective | Acquired bank | Assets | Acquirer |
|---|---|---|---|
| Oct 9, 2021 | BBVA USA | $87.22B | PNC Bank, N.A. |
| Oct 29, 2021 | Cadence Bank, N.A. | $19.74B | Cadence Bank |
| Nov 13, 2021 | Century Bank and Trust Company | $7.11B | Eastern Bank |
| Nov 13, 2021 | East Boston Savings Bank | $6.13B | Rockland Trust Company |
| Oct 1, 2021 | Central Bank of the Midwest | $4.09B | The Central Trust Bank |
| Oct 1, 2021 | Altabank | $3.65B | Glacier Bank |
| Oct 1, 2021 | EnerBank USA | $3.13B | Regions Bank |
| Dec 1, 2021 | West Suburban Bank | $2.90B | Old Second National Bank |
| Oct 1, 2021 | Central Bank of Boone County | $2.80B | The Central Trust Bank |
| Oct 1, 2021 | Central Bank of St. Louis | $2.45B | The Central Trust Bank |
| Dec 18, 2021 | First Florida Integrity Bank | $2.39B | First Foundation Bank |
| Oct 1, 2021 | Merchants Bank of Commerce | $1.95B | Columbia State Bank |
| Oct 1, 2021 | Central Bank of The Ozarks | $1.92B | The Central Trust Bank |
| Oct 16, 2021 | Select Bank & Trust Company | $1.82B | First Bank |
| Dec 4, 2021 | Essex Bank | $1.77B | United Bank |
Credit union mergers in 2021
158 credit unions merged into another institution. NCUA 5300 asset figures are not loaded for 2021.
Every merger recorded in 2021
437 NIC merger records in 2021 involve a bank, credit union or bank holding company on at least one side, newest first.
| Date | Acquired institution | Acquirer |
|---|---|---|
| Dec 1, 2021 | Farmers State Bank of Munith | The State Bank |
| Dec 1, 2021 | Artmet Federal Credit Union | RTN Federal Credit Union |
| Dec 1, 2021 | West Suburban Bank | Old Second National Bank |
| Dec 1, 2021 | Honea Federal Credit Union | Honolulu Federal Credit Union |
| Dec 1, 2021 | Ubc Credit Union | Together Credit Union |
| Dec 1, 2021 | Bank of Palmer | Union State Bank |
| Dec 1, 2021 | Jaco Federal Credit Union | Centric Federal Credit Union |
| Nov 30, 2021 | Meadow Gold Employees Credit Union | Hercules First Federal Credit Union |
| Nov 30, 2021 | J & B Financial Holdings, Inc. | Midcountry Acquisition Corp. |
| Nov 30, 2021 | Northfield Bancshares, Inc. | Midcountry Acquisition Corp. |
| Nov 20, 2021 | Roundbank | Minnwest Bank |
| Nov 18, 2021 | Mariner's Bank | Spencer Savings Bank, Savings and Loan Association |
| Nov 16, 2021 | TNB Bancorp, Inc. | Rich Land Bancorp, Inc. |
| Nov 16, 2021 | Bsa Bankshares, Inc. | Abilene Holdco, Inc. |
| Nov 13, 2021 | The Citizens State Bank of Finley | Bravera Bank |
| Nov 13, 2021 | SSNB, Inc. | Savings Bancorp, Inc. |
| Nov 13, 2021 | Meridian Bancorp, Inc. | Independent Bank Corp. |
| Nov 13, 2021 | Standing Stone Bank | The Savings Bank |
| Nov 13, 2021 | Century Bancorp, Inc. | Eastern Bankshares Inc |
| Nov 13, 2021 | East Boston Savings Bank | Rockland Trust Company |
| Nov 13, 2021 | Century Bank and Trust Company | Eastern Bank |
| Nov 6, 2021 | Hancock Bank & Trust Company | First Financial Bank, N.A. |
| Nov 6, 2021 | Hancock Bancorp, Inc. | First Financial Corporation |
| Nov 6, 2021 | First State Bank | Riverstone Bank |
| Nov 6, 2021 | The Olpe State Bank | The Citizens State Bank |
| Nov 5, 2021 | 1st Cameron State Bank | BTC Bank |
| Nov 5, 2021 | C & M Bancshares, Inc. | Bethany Bankshares, Inc. |
| Nov 2, 2021 | Amerigroup, Inc. | HSB Merger Co. |
| Nov 1, 2021 | T.C.W.H. #585 Federal Credit Union | Wabellco Federal Credit Union |
| Nov 1, 2021 | Severn Bancorp, Inc. | Shore Bancshares, Inc. |
| Nov 1, 2021 | Cortland Bancorp | Farmers National Banc Corp. |
| Nov 1, 2021 | The Cortland Savings and Banking Company | The Farmers National Bank of Canfield |
| Nov 1, 2021 | Viriva Community Credit Union | American Heritage Federal Credit Union |
| Nov 1, 2021 | New Horizons Federal Credit Union | Triangle Federal Credit Union |
| Nov 1, 2021 | State University of NY Geneseo Federal Credit Union | Genesee Valley Federal Credit Union |
| Nov 1, 2021 | Processors - Industrial Community Credit Union | Midwest Members Credit Union |
| Nov 1, 2021 | Telbec Federal Credit Union | Bayer Heritage Federal Credit Union |
| Nov 1, 2021 | Virginia Beach Schools Federal Credit Union | Langley Federal Credit Union |
| Nov 1, 2021 | New Horizons Credit Union, Inc. | Kemba Credit Union, Inc. |
| Nov 1, 2021 | Severn Savings Bank, FSB dba Severn Bank | Shore United Bank, N.A. |
| Nov 1, 2021 | Silgan White Cap Credit Union | Healthcare Associates Credit Union |
| Nov 1, 2021 | Midland Cooperative Credit Union | Blaze Credit Union |
| Nov 1, 2021 | Camden Police Federal Credit Union | First Harvest Federal Credit Union |
| Nov 1, 2021 | Gloucester Fire Department Credit Union | Metro Credit Union |
| Nov 1, 2021 | Saint Francis Medical Center Federal Credit Union | Aloha Pacific Federal Credit Union |
| Nov 1, 2021 | Dor Wic Federal Credit Union | Tidemark Federal Credit Union |
| Oct 30, 2021 | Napfe Federal Credit Union | U S Postal Service Federal Credit Union |
| Oct 29, 2021 | Cadence Bank, N.A. | Cadence Bank |
| Oct 29, 2021 | Cadence Bancorporation | Cadence Bank |
| Oct 23, 2021 | Yorktown Bank | Fidelity Bank, N.A. |
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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