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 |
|---|---|---|
| Sep 1, 2021 | Third Coast Federal Credit Union | Coastlife Credit Union |
| Sep 1, 2021 | Central Hanna Employees Credit Union | Blaze Credit Union |
| Sep 1, 2021 | Broadway Holding Company | Third Federal Savings & Loan Association of Cleveland |
| Sep 1, 2021 | Childress Bancshares, Inc. | Plains Bancorp, Inc. |
| Sep 1, 2021 | M & F Bancorp, Inc. | Unity Capital Corporation |
| Aug 31, 2021 | Borinquen Community Federal Credit Union | Puerto Rico Federal Credit Union |
| Aug 28, 2021 | Peoples Choice Credit Union | Royal Credit Union |
| Aug 28, 2021 | Panola National Bank | VeraBank, N.A. |
| Aug 28, 2021 | Home Federal Bank of Hollywood | Anchor Bank |
| Aug 21, 2021 | Jackson County Bank | Security Financial Bank |
| Aug 21, 2021 | American Bank & Trust of the Cumberlands | Wellworth Bank |
| Aug 21, 2021 | The First National Bank | Washington Savings Bank |
| Aug 14, 2021 | Glenview State Bank | Busey Bank |
| Aug 9, 2021 | Towanda State Bank | Vintage Bank Kansas |
| Aug 7, 2021 | American River Bank | Bank of Marin |
| Aug 7, 2021 | Legacy Bank of Florida | Seacoast National Bank |
| Aug 6, 2021 | American River Bankshares | Bank of Marin Bancorp |
| Aug 5, 2021 | Central Bancshares of Poteau, Inc. | First Bank Corp |
| Aug 2, 2021 | Norton-Troy Employees Credit Union | Hudson River Community Credit Union |
| Aug 1, 2021 | Owosso W B C Federal Credit Union | Frankenmuth Credit Union |
| Aug 1, 2021 | M. G. & E. Credit Union | Heartland Credit Union |
| Aug 1, 2021 | Cal Poly Federal Credit Union | Schoolsfirst Federal Credit Union |
| Aug 1, 2021 | Houston Metropolitan Federal Credit Union | Priority Trust Credit Union |
| Aug 1, 2021 | Greater Watertown Federal Credit Union | FD Community Federal Credit Union |
| Aug 1, 2021 | Unity Credit Union | Michigan United Credit Union |
| Aug 1, 2021 | Mountain Gem Credit Union | Potlatch NO.1 Financial Credit Union |
| Aug 1, 2021 | Southcrest Bank, National Association | Colony Bank |
| Jul 31, 2021 | Empire Branch 36 N.A. of Letter Carriers Credit Union | Rockland Employees Federal Credit Union |
| Jul 31, 2021 | Durand Bancorp, Inc. | High Point Financial Services, Inc. |
| Jul 31, 2021 | Saints Avenue Bank | Royal Banks of Missouri |
| Jul 31, 2021 | Union State Bank of Browns Valley | Prairie Sun Bank |
| Jul 22, 2021 | First Choice Bancorp | Enterprise Financial Services Corp |
| Jul 22, 2021 | First Choice Bank | Enterprise Bank & Trust |
| Jul 17, 2021 | The First State Bank | Sovereign Bank |
| Jul 16, 2021 | Peoples Bank and Trust Company of Clinton County | People's Bank and Trust Company of Pickett County |
| Jul 15, 2021 | Blue Foundry, MHC | Blue Foundry Bancorp |
| Jul 15, 2021 | Magyar Bancorp, MHC | Magyar Bancorp, Inc. |
| Jul 15, 2021 | Blue Foundry Bancorp | Blue Foundry Bancorp |
| Jul 13, 2021 | Saint Vincent Hospital Credit Union | Central One Federal Credit Union |
| Jul 10, 2021 | Rochester State Bank | American Bank of Freedom |
| Jul 10, 2021 | Rochester State Bankshares, Inc. | Evergreen Bancshares, Inc. |
| Jul 10, 2021 | Laurens State Bank | Community State Bank |
| Jul 10, 2021 | Titonka Savings Bank | NSB Bank |
| Jul 2, 2021 | Heritage First Bancshares, Inc. | First Chatsworth Bankshares, Inc. |
| Jul 2, 2021 | Integra Funding Solutions, LLC | T Bancshares, Inc. |
| Jul 2, 2021 | Mirror Merger Sub 2, LLC | Morgan Stanley |
| Jul 2, 2021 | Heritage First Bank | First National Community Bank |
| Jul 1, 2021 | Animas Credit Union | Sunward Federal Credit Union |
| Jul 1, 2021 | Feather River Bancorp, Inc. | Plumas Bancorp |
| Jul 1, 2021 | Landmark Bancorp Inc | Fidelity D&D 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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