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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 |
|---|---|---|
| Nov 1, 2019 | Trinity Bancorp, Inc. | River Financial Corporation |
| Nov 1, 2019 | Vantage Bank of Alabama | First Southern State Bank |
| Nov 1, 2019 | Trinity Bank | River Bank & Trust |
| Nov 1, 2019 | Vantage Bancshares, Inc. | First Bancshares of Stevenson, Inc. |
| Oct 1, 2019 | Peoples First Federal Credit Union | Americas First Federal Credit Union |
| Sep 14, 2019 | Small Town Bank | Southern States Bank |
| Sep 14, 2019 | East Alabama Financial Group, Inc. | Southern States Bancshares, Inc. |
| Sep 1, 2019 | Monroe Education Employees Federal Credit Union | Gulf Winds Credit Union |
| Aug 1, 2019 | Primesouth Bancshares, Inc. | CBS BANC-CORP. |
| Aug 1, 2019 | PrimeSouth Bank | CB&S Bank, Inc. |
| Apr 1, 2019 | National Bank of Commerce | SouthState Bank, N.A. |
| Apr 1, 2019 | Merchants Bank | Cadence Bank |
| Apr 1, 2019 | National Commerce Corporation | Centerstate Bank Corporation |
| Apr 1, 2019 | FNB Of Central Alabama | BankFirst Financial Services |
| Apr 1, 2019 | FNB Bancshares of Central Alabama, Inc. | BankFirst Capital Corporation |
| Mar 1, 2019 | Wiregrass Federal Credit Union | All in Federal Credit Union |
| Jan 1, 2019 | Evonik Employees Federal Credit Union | Gulf Coast Federal Credit Union |
| Nov 1, 2018 | PSB Bancshares, Inc. | River Financial Corporation |
| Nov 1, 2018 | Peoples Southern Bank | River Bank & Trust |
| May 14, 2018 | North Alabama Bancshares, Inc. | Bolc Corp. |
| Mar 1, 2018 | First Community Bank | The First Bank |
| Mar 1, 2018 | Southwest Banc Shares, Inc. | The First Bancshares, Inc. |
| Feb 1, 2018 | Ebsco Federal Credit Union | Avadian Credit Union |
| Jan 29, 2018 | Craig Credit Union | Alabama State Employees Credit Union |
| Jan 1, 2018 | Tuscaloosa Credit Union | Alabama Credit Union |
| Nov 1, 2017 | Capstone Bank | SmartBank |
| Nov 1, 2017 | Capstone Bancshares, Inc. | Smartfinancial, Inc. |
| Nov 1, 2017 | Tri-Rivers Federal Credit Union | Hope Federal Credit Union |
| Oct 1, 2017 | Bank of Wedowee | First Bank of Alabama |
| Oct 1, 2017 | AloStar Bank of Commerce | State Bank and Trust Company |
| Oct 1, 2017 | Swann Bancshares, Inc. | Firstbanc of Alabama, Inc. |
| Jul 1, 2017 | First Partners Bank | Progress Bank and Trust |
| Jul 1, 2017 | First Partners Financial, Inc. | Progress Financial Corporation |
| Apr 8, 2017 | RB Bancorporation | Trustmark Corporation |
| Apr 8, 2017 | Reliance Bank | Trustmark Bank |
| Apr 1, 2017 | Horizon Bank | Peoples Independent Bank |
| Jul 1, 2016 | First Bank of the South | First State Bank of Dekalb County, Inc. |
| Jul 1, 2016 | First Rainsville Bancshares, Inc. | First State Bancshares of Dekalb County, Inc. |
| Jun 30, 2016 | The Trust Company of Sterne Agee, Inc. | Stifel Trust Company N.A. |
| May 1, 2016 | American Bank of Huntsville | Avadian Credit Union |
| Jan 1, 2016 | Keystone Bank | River Bank & Trust |
| Jan 1, 2016 | Keystone Bancshares, Inc. | River Financial Corporation |
| Nov 1, 2015 | Alatrust, Inc. | Oakworth Capital Bank |
| Oct 1, 2015 | Nearmc Employees Federal Credit Union | Fort McClellan Credit Union |
| Jul 1, 2015 | Secure First Credit Union | Mutual Savings Credit Union |
| Jul 1, 2015 | Allied Credit Union | New Horizons Credit Union |
| Jul 1, 2015 | Cadence Financial Corporation | Cadence Bancorporation |
| Mar 14, 2015 | First Tuskegee Bank | Liberty Bank and Trust Company |
| Mar 14, 2015 | Birthright, Incorporated | Liberty Financial Services, Inc. |
| Jan 1, 2015 | Hartford Financial Corporation | SNB Holdings, Inc. |
The list holds the 500 most recent of 678 mergers.
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