Consolidation trends driven by economics and regulatory burden apparently are driving down the numbers of small banks just as they have the ranks of credit unions in recent decades.

Nearly mirroring credit union numbers, the ranks of U.S. banks dropped from approximately 20,000 in 1980 to 6,812 at the end of 2013, with most of that decline attributed to the consolidation of institutions with assets less than $100 million, according to a study released Wednesday by the FDIC.

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