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 |
|---|---|---|
| Oct 19, 2021 | Pacific Mercantile Bank | Banc of California, National Association |
| Oct 19, 2021 | Pacific Mercantile Bancorp | Banc of California, Inc. |
| Oct 16, 2021 | Select Bank & Trust Company | First Bank |
| Oct 16, 2021 | Home Exchange Bank | BTC Bank |
| Oct 16, 2021 | Select Bancorp Inc. | First Bancorp |
| Oct 16, 2021 | Dilley State Bank | The First State Bank |
| Oct 9, 2021 | Triumph Bank | Simmons Bank |
| Oct 9, 2021 | Capital Bank Holdings, Inc. | Sooner Southwest Bankshares, Inc. |
| Oct 9, 2021 | Triumph Bancshares, Inc. | Simmons First National Corporation |
| Oct 9, 2021 | Landmark Community Bank | Simmons Bank |
| Oct 9, 2021 | BBVA USA | PNC Bank, N.A. |
| Oct 9, 2021 | Tri-State Bank of Memphis | Liberty Bank and Trust Company |
| Oct 8, 2021 | All Saints Catholic Federal Credit Union | Fort Worth City Credit Union |
| Oct 5, 2021 | First Choice Credit Union | Illinois State Credit Union |
| Oct 2, 2021 | American State Bancshares, Inc. | Equity Bancshares, Inc. |
| Oct 2, 2021 | Atl Federal Credit Union | Honor Credit Union dba Honor Investment Services |
| Oct 2, 2021 | 1st State Bank of Mason City | Alliance Community Bank |
| Oct 2, 2021 | Cornerstone Bancshares | Coastalsouth Bancshares, Inc. |
| Oct 2, 2021 | Bank of Santa Clarita | California Bank of Commerce, N.A. |
| Oct 2, 2021 | CornerstoneBank | Coastal States Bank |
| Oct 2, 2021 | Firstate Bancorp, Inc. | Ac Bancorp, Inc. |
| Oct 2, 2021 | American State Bank & Trust Company | Equity Bank |
| Oct 1, 2021 | Mackinaw Valley Financial Services, Inc. | First Bancorp of Taylorville, Inc. |
| Oct 1, 2021 | First National Bancor, Inc. | Central Bancompany, Inc |
| Oct 1, 2021 | Warrensburg Bancshares, Inc. | Central Bancompany, Inc |
| Oct 1, 2021 | Oklahoma State Bancshares, Inc. | RCB Holding Company, Inc. |
| Oct 1, 2021 | Third Bancshares Corporation | Central Bancompany, Inc |
| Oct 1, 2021 | Bank of Commerce Holdings | Columbia Banking System, Inc. |
| Oct 1, 2021 | Central Bank of Lake of the Ozarks | The Central Trust Bank |
| Oct 1, 2021 | Aquesta Financial Holdings, Inc. | United Community Banks, Inc. |
| Oct 1, 2021 | NXT Bancorporation, Inc. | HBT Financial, Inc. |
| Oct 1, 2021 | Aquesta Bank | United Community Bank |
| Oct 1, 2021 | Liberty First Bank | Vallant Bank |
| Oct 1, 2021 | EnerBank USA | Regions Bank |
| Oct 1, 2021 | Twenty-First Century Financial Services Company | Central Bancompany, Inc |
| Oct 1, 2021 | Central Bank of Oklahoma | The Central Trust Bank |
| Oct 1, 2021 | Altabancorp | Glacier Bancorp, Inc. |
| Oct 1, 2021 | Hillsboro Bank | The Bank of Tampa |
| Oct 1, 2021 | Central Bank of Moberly | The Central Trust Bank |
| Oct 1, 2021 | Altabank | Glacier Bank |
| Oct 1, 2021 | Utilities Credit Union | Royal Credit Union |
| Oct 1, 2021 | Central Bank of Audrain County | The Central Trust Bank |
| Oct 1, 2021 | Merchants Bank of Commerce | Columbia State Bank |
| Oct 1, 2021 | Green River Basin Federal Credit Union | WYHY Federal Credit Union |
| Oct 1, 2021 | Essex County NJ Employees Federal Credit Union | Essex County Teachers Federal Credit Union |
| Oct 1, 2021 | Jefferson Bank of Missouri | The Central Trust Bank |
| Oct 1, 2021 | McKesson Employees Federal Credit Union | McKesson & Healthcare Providers Federal Credit Union |
| Oct 1, 2021 | Holston Methodist Federal Credit Union | Interfaith Federal Credit Union |
| Oct 1, 2021 | Perpetual Federal Savings Bank of Urbana | The Farmers & Merchants State Bank |
| Oct 1, 2021 | Kase Federal Credit Union | Pheple Federal Credit Union |
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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