This Washington Business Journal article
dicusses only DC area thrifts, but the issue is nationwide.
Thrifts, which are federal savings banks and savings and loans, have become a dying breed of financial institutions. They differ from national banks in that they make the bulk of their loans in home mortgages. Because they're disproportionately exposed to a housing crisis, a lot of thrifts got clobbered by the downturn in recent years.
Note, the article mentioned three DC area thrifts that will soon be acquired: Washington Savings Bank, Acacia Federal Savings Bank and 1st Commonwealth Bank of Virginia
I've mentioned Acacia Federal several times due to its competitive internet accounts. Also I've mentioned 1st Commonwealth Bank of Virginia due to its competitive reward checking account. I'm always nervous about the future of a bank's reward checking account when the bank is acquired.