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Bank Events in Alabama
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Alabama (AL).
Failures in Alabama
| Date | Bank | Assets |
|---|---|---|
| May 18, 2012 | Alabama Trust Bank, N.A. | $51.6M |
| Apr 15, 2011 | Superior Bank | $2.98B |
| Apr 15, 2011 | Nexity Bank | $757.6M |
| Mar 19, 2010 | First Lowndes Bank | $137.2M |
| Dec 18, 2009 | New South Federal Savings Bank | $1.46B |
| Aug 21, 2009 | Capitalsouth Bank | $586.6M |
| Aug 14, 2009 | Colonial Bank | $25.46B |
| Aug 21, 1992 | Birmingham FSB | $91.8M |
| Jul 24, 1992 | First Russell County | $87.0M |
| May 17, 1991 | Altus FSB | $1.97B |
| Mar 8, 1991 | Jefferson Federal Sa | $666.5M |
| Dec 28, 1990 | First FS & La of Andalusia | $38.7M |
| Nov 30, 1990 | Tuskegee S & La | $31.8M |
| Mar 30, 1989 | City FS & La | $712.0M |
| Mar 30, 1989 | Baldwin County Fed. Savings Bank | $171.5M |
| Mar 9, 1989 | Phenix Fed. S & L Assoc. | $150.3M |
| Mar 9, 1989 | First Savings Bank of Alabama | $26.0M |
| Feb 17, 1989 | Guaranty Fed. S & L Assoc. | $381.3M |
| Sep 18, 1987 | Phenix FS&LA | $225.5M |
| Apr 22, 1987 | The Peoples Bank | $11.9M |
| Feb 19, 1987 | First State Bank of Atmore | $12.4M |
| May 9, 1986 | Rainsville Bank | $17.5M |
| Jul 5, 1985 | The First National Bank of Jacksonville | $43.3M |
| Jun 5, 1984 | Cherokee County Bank | $39.4M |
| Dec 13, 1983 | Bank of Hackleburg | $6.5M |
| Nov 2, 1982 | Cedar Bluff Bank | $13.7M |
| Dec 31, 1980 | East Gadsden Bank | $44.0M |
| Jun 14, 1979 | Southern National Bank | $32.6M |
| Jul 21, 1978 | Watkins Banking Company | $1.7M |
| Mar 1, 1978 | Wilcox County Bank | $12.7M |
| Jan 26, 1978 | First Bank of Macon County | $4.5M |
| Jan 31, 1967 | Bank of Pine Apple | $4.3M |
| Jan 21, 1952 | Thomasville Bank and Trust Co. | $1.0M |
| Nov 26, 1938 | The Bank of Cuba | $89K |
| Aug 12, 1937 | The First National Bank of Albertville | — |
Mergers & Acquisitions involving Alabama banks
| Date | Acquired (AL) | Acquirer |
|---|---|---|
| Jul 1, 2026 | Solutions First Federal Credit Union | Guardian Credit Union |
| Jun 1, 2026 | Montgomery Va Federal Credit Union | Alabama State Employees Credit Union |
| Mar 21, 2026 | FBDC Financial Corp. | Firstbanc of Alabama, Inc. |
| Mar 21, 2026 | First Fidelity Bank | First Bank of Alabama |
| Oct 1, 2025 | First Community Bank of Cullman | Legacy Community Federal Credit Union |
| Jul 1, 2025 | Alabama River Credit Union | Alabama Credit Union |
| Jul 1, 2025 | Southern States Bank | FirstBank |
| Jul 1, 2025 | Southern States Bancshares, Inc. | FB Financial Corporation |
| Apr 1, 2025 | Alabama Law Enforcement Credit Union | Jefferson Credit Union |
| Oct 1, 2024 | Town Country United Bank | United Bank |
| Jan 17, 2024 | Sunsouth Bank | All in Federal Credit Union |
| Jan 1, 2024 | New Pilgrim Federal Credit Union | Hope Federal Credit Union |
| Jan 1, 2024 | Tuscaloosa County Credit Union | Alabama Credit Union |
| Dec 9, 2023 | First Bank | Alabama One Credit Union |
| Oct 2, 2023 | Progressive Federal Credit Union | Azalea City Credit Union |
| Oct 1, 2023 | McIntosh Chemical Federal Credit Union | Alabama One Credit Union |
| Sep 1, 2023 | Brewton Mill Federal Credit Union | Alabama One Credit Union |
| Jan 3, 2023 | Progress Financial Corporation | United Community Banks, Inc. |
| Jan 3, 2023 | Progress Bank and Trust | United Community Bank |
| Jan 2, 2023 | Clarke Community Federal Credit Union | Azalea City Credit Union |
| Dec 5, 2022 | Dixie Craft Employees Credit Union | Heritage South Credit Union |
| Dec 1, 2022 | 1st Resource Credit Union | Legacy Community Federal Credit Union |
| Oct 1, 2022 | O'Neal Credit Union | Alatrust Credit Union |
| Aug 1, 2022 | Citizens State Bank | Avadian Credit Union |
| Jun 11, 2022 | Red Level Financial Corporation | Local Bancorp, Inc. |
| Mar 2, 2022 | Superior Financial Services, LLC | Cadence Bank |
| Mar 2, 2022 | SFS, LLC | Cadence Bank |
| Mar 1, 2022 | Security Federal Savings Bank | Alabama Credit Union |
| Jan 6, 2022 | Merchants Bank of Alabama | Southpoint Bank |
| Jan 6, 2022 | Merchants Financial Services, Inc. | Southpoint Bancshares, Inc. |
| Jan 1, 2022 | The Citizens Bank of Fayette | BankFirst Financial Services |
| Oct 9, 2021 | BBVA USA | PNC Bank, N.A. |
| May 28, 2021 | First Bank of Linden | Alabama One Credit Union |
| May 1, 2021 | FNS Bancshares, Inc. | Cadence Bank |
| May 1, 2021 | FNB Bank | Cadence Bank |
| Apr 16, 2021 | SouthFirst Bank | First Bank of Alabama |
| Apr 1, 2021 | Cheaha Financial Group, Inc. | Investar Holding Corporation |
| Apr 1, 2021 | Cheaha Bank | Investar Bank, N.A. |
| Mar 1, 2021 | Postal Employees Credit Union | North Alabama Educators Credit Union |
| Jan 1, 2021 | Pike Teachers Credit Union | Guardian Credit Union |
| Jan 1, 2021 | Landmark Credit Union | Winsouth Credit Union |
| Dec 1, 2020 | Escambia County Bank | Amerifirst Bank |
| Jul 1, 2020 | Alabama Rural Electric Credit Union | Alabama One Credit Union |
| Jul 1, 2020 | The First National Bank of Brundidge | Troy Bank & Trust Company |
| Jul 1, 2020 | Traders & Farmers Bancshares, Inc. | BankFirst Capital Corporation |
| Jul 1, 2020 | First Brundidge Bancshares, Inc. | Henderson Bancshares, Inc. |
| Jul 1, 2020 | Brassies Credit Union | Family Savings Credit Union |
| Jul 1, 2020 | Traders & Farmers Bank | BankFirst Financial Services |
| Nov 29, 2019 | Tuscumbia Federal Credit Union | Valley Credit Union |
| Nov 1, 2019 | Bank of York | Investar Bank, N.A. |
The list holds the 500 most recent of 678 mergers.
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