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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).

35
Failures
678
Mergers
319
Enforcement
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Bank Directory
All Alabama banks

Failures in Alabama

Date Bank City Assets Acquirer or resolution
May 18, 2012 Alabama Trust Bank, N.A. Sylacauga $51.6M Southern States Bank
Apr 15, 2011 Superior Bank Birmingham $2.98B Superior Bank, N.A.
Apr 15, 2011 Nexity Bank Birmingham $757.6M Alostar Bank of Commerce
Mar 19, 2010 First Lowndes Bank Fort Deposit $137.2M First Citizens Bank
Dec 18, 2009 New South Federal Savings Bank Irondale $1.46B Beal Bank
Aug 21, 2009 Capitalsouth Bank Birmingham $586.6M Iberiabank
Aug 14, 2009 Colonial Bank Montgomery $25.46B BB&T
Aug 21, 1992 Birmingham FSB Birmingham $91.8M First Commercial Bank
Jul 24, 1992 First Russell County Phenix City $87.0M Branch sale
May 17, 1991 Altus FSB Mobile $1.97B Branch sale
Mar 8, 1991 Jefferson Federal Sa Birmingham $666.5M Branch sale
Dec 28, 1990 First FS & La of Andalusia Andalusia $38.7M Colonial Bank
Nov 30, 1990 Tuskegee S & La Tuskegee $31.8M First Tuskegee Bank
Mar 30, 1989 City FS & La Birmingham $712.0M First Alabama Bank
Mar 30, 1989 Baldwin County Fed. Savings Bank Robertsdale $171.5M First Alabama Bank
Mar 9, 1989 Phenix Fed. S & L Assoc. Phenix City $150.3M Branch sale
Mar 9, 1989 First Savings Bank of Alabama Hamilton $26.0M Southtrust Bank of Marion C
Feb 17, 1989 Guaranty Fed. S & L Assoc. Birmingham $381.3M Southtrust Affliated Banks
Sep 18, 1987 Phenix FS&LA Phenix City $225.5M —
Apr 22, 1987 The Peoples Bank Collinsville $11.9M Bank of Geraldine
Feb 19, 1987 First State Bank of Atmore Atmore $12.4M First NB of Atmore
May 9, 1986 Rainsville Bank Rainsville $17.5M Jacobs Bank
Jul 5, 1985 The First National Bank of Jacksonville Jacksonville $43.3M Amsouth Bank of Jacksonv
Jun 5, 1984 Cherokee County Bank Centre $39.4M First Albank of Anniston
Dec 13, 1983 Bank of Hackleburg Hackleburg $6.5M Southtrust BK of Marion
Nov 2, 1982 Cedar Bluff Bank Cedar Bluff $13.7M Union State Bank
Dec 31, 1980 East Gadsden Bank Gadsden $44.0M Central Bank of Alabama
Jun 14, 1979 Southern National Bank Birmingham $32.6M —
Jul 21, 1978 Watkins Banking Company Faunsdale $1.7M —
Mar 1, 1978 Wilcox County Bank Camden $12.7M —
Jan 26, 1978 First Bank of Macon County Notasulga $4.5M —
Jan 31, 1967 Bank of Pine Apple Pine Apple $4.3M —
Jan 21, 1952 Thomasville Bank and Trust Co. Thomasville $1.0M —
Nov 26, 1938 The Bank of Cuba Cuba $89K —
Aug 12, 1937 The First National Bank of Albertville Albertville — —

Mergers & Acquisitions involving Alabama banks

Date Acquired (AL) Acquirer
May 7, 1988 Bank of the South Banksouth
Apr 9, 1988 The Choctaw Bank of Butler Regions Bank
Apr 1, 1988 Madison County Bank Community Bank
Jan 1, 1988 The Colonial Bank of East-Central Alabama Colonial Bank
Dec 28, 1987 New Farmers and Merchants Bank of Ashville Union State Bank
Dec 18, 1987 CB&T Bancshares, Inc. The Colonial Bancgroup, Inc.
Dec 12, 1987 Central Bank of Shelby County BBVA USA
Oct 24, 1987 Albertville Bancshares, Inc. Regions Financial Corporation
Oct 24, 1987 The Albertville National Bank Regions Bank
Aug 31, 1987 Central Bank of Oxford, N.A. Compass Bank of Calhoun County N.A.
Jul 22, 1987 The Colonial Bank of Mobile The Colonial Bank - Gulf Coast Region
Jul 11, 1987 Kemco Fcu Max Credit Union
Jul 1, 1987 Alabanc, Inc. Randolph Bancshares, Inc.
May 23, 1987 First Federal Bank, FSB Colonial Bank
May 18, 1987 Jackson County Bancshares, Inc. The Colonial Bancgroup, Inc.
May 4, 1987 Athens-Limestone Bank, Inc. Colonial Bank
May 1, 1987 Moore Alabama Fcu Americas First Federal Credit Union
May 1, 1987 Huntsville Cu North Alabama Educators Credit Union
Apr 17, 1987 Aliceville Bank & Trust Company West Alabama Bank & Trust
Apr 17, 1987 First Tuskaloosa Corporation Amsouth Bancorporation
Apr 4, 1987 Enterprise Banking Company Regions Bank
Mar 30, 1987 F & M Holding Company, Inc. The Colonial Bancgroup, Inc.
Feb 2, 1987 First Security Federal Credit Union Winsouth Credit Union
Jan 1, 1987 Headland Capital Corporation Alabama National Bancorporation
Jan 1, 1987 First United Corporation Alabama National Bancorporation
Jan 1, 1987 Alabama City Bank of Gadsden, Alabama SouthTrust Bank of Etowah County, National Association
Jan 1, 1987 Tallapoosa Capital Corporation Alabama National Bancorporation
Dec 31, 1986 The Colonial Bank of Alabama Colonial Bank
Dec 31, 1986 The Colonial Bank of North Alabama Colonial Bank
Dec 20, 1986 Macon Capital Corporation Alabama National Bancorporation
Dec 13, 1986 The Colonial Bank of East-Central Alabama The Colonial Bank of East-Central Alabama
Dec 13, 1986 First Citizens Bank of Alabama Regions Bank
Dec 4, 1986 Gunter Park Fcu Max Credit Union
Nov 30, 1986 Peco Empl Fcu Alabama Central Credit Union
Sep 20, 1986 Shelby State Bank Regions Bank
Sep 18, 1986 First State Bank of Albertville The Colonial Bank of North Alabama
Aug 25, 1986 FSB Bancorporation Regions Financial Corporation
Aug 25, 1986 First State Bank of Alabama Regions Bank
Jul 17, 1986 Southeastern Cu Wcu Credit Union
Jul 3, 1986 Taylor Capital Corporation Tallapoosa Capital Corporation
Jul 1, 1986 Northeast State Bank of Alabama FNB Bank
May 17, 1986 First Alabama Bank of Tuscaloosa, N. A. Regions Bank
May 7, 1986 Bank of Heflin The Colonial Bank of East-Central Alabama
May 1, 1986 Tuscaloosa Chem Fcu Alabama One Credit Union
Apr 30, 1986 Roosevelt City Fcu Mutual Savings Credit Union
Apr 25, 1986 Southtrust Bank of Selma SouthTrust Bank of Selma, National Association
Apr 21, 1986 Luverne Bank & Trust Company Colonial Bank
Apr 19, 1986 First Alabama Bank of Dothan Regions Bank
Feb 15, 1986 First Alabama Bank of Mobile, National Assoication Regions Bank
Jan 13, 1986 The First National Bank of Monroeville The Monroe County Bank