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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
Jan 1, 2015 City Bank of Hartford Friend Bank
Dec 1, 2014 Shoreline Credit Union Alabama Credit Union
Oct 1, 2014 Employees Savings Credit Union Alabama State Employees Credit Union
Aug 16, 2014 Generations Bank Peoples Bank of Alabama
Jul 1, 2014 BCB Holding Company, Inc. The First Bancshares, Inc.
Jul 1, 2014 Bay Bank The First Bank
Mar 1, 2014 Peachtree Bank Southcrest Bank, National Association
Sep 6, 2013 Saint Johns African Methodist Episcopal Birmingham Federal Credit Union Alabama Central Credit Union
Jun 1, 2013 First Kingdom Community Federal Credit Union Riverdale Credit Union
May 14, 2013 BBVA Compass Bancshares, Inc. BBVA USA Bancshares, Inc.
Apr 30, 2013 First National Bank of Baldwin County The First Bank
Apr 1, 2013 Stevenson Federal Credit Union Family Security Credit Union
Feb 16, 2013 BankTrust Trustmark Bank
Feb 16, 2013 Banctrust Financial Group, Inc. Trustmark Corporation
Feb 1, 2013 Milestone Credit Union Alabama Credit Union
Jan 1, 2013 Community Bank, National Association Community Bank, Coast
Jan 1, 2013 Genala Banc, Inc. Bank of the Ozarks Inc
Jan 1, 2013 The Citizens Bank Bank OZK
Dec 31, 2011 Aliant Bank USAmeriBank
Dec 10, 2011 Heritage First Bank Townbridge Bank
Nov 1, 2011 Birmingham News Employees Credit Union Alabama One Credit Union
Jun 5, 2011 Hancock Bank of Alabama Whitney Bank
May 1, 2011 Alabama West Florida Methodist Federal Credit Union Faith Connection Federal Credit Union
Mar 31, 2011 First National Bankers Bank, Alabama First National Bankers Bank
Oct 31, 2010 Saint Jude Fairview Medical Center Federal Credit Union Max Credit Union
Oct 29, 2010 United Fellowship Federal Credit Union Family Savings Credit Union
Oct 1, 2010 Comala Credit Union Guardian Credit Union
Jun 1, 2010 CB&T Bank of East Alabama Synovus Bank
Jun 1, 2010 First Commercial Bank of Huntsville Synovus Bank
Jun 1, 2010 The First National Bank of Jasper Synovus Bank
Jun 1, 2010 First Commercial Bank Synovus Bank
Jun 1, 2010 Jefferson Community Development Federal Credit Union Coosa Pines Federal Credit Union
Jun 1, 2010 Sterling Bank Synovus Bank
Jun 1, 2010 The Bank of Tuscaloosa Synovus Bank
Jun 1, 2010 Community Bank and Trust of Southeast Alabama Synovus Bank
May 1, 2010 Coca-Cola United Federal Credit Union Avadian Credit Union
May 1, 2010 A. L. Bratcher Federal Credit Union Eco Credit Union
Jan 1, 2010 Coastal Waters Federal Credit Union Singing River Federal Credit Union
Oct 1, 2009 New Hope Community Development Federal Credit Union Avadian Credit Union
Sep 11, 2009 Central Bank of the South BBVA USA
Sep 5, 2009 Vertagreen Credit Union Valley Credit Union
Sep 1, 2009 Cma Credit Union Southern Energy Credit Union
Jun 1, 2009 Alabama 1st Capital Credit Union Alabama One Credit Union
May 23, 2009 Armstrong Employees Credit Union New Horizons Credit Union
Apr 1, 2009 Resurrection Catholic Center Credit Union Tri-Rivers Federal Credit Union
Mar 31, 2009 AB&T National Bank AB&T
Jan 1, 2009 BVH Federal Credit Union Mutual Savings Credit Union
Dec 30, 2008 Farmers and Merchants Bank First Southern State Bank
Dec 30, 2008 F&M Bancorporation First Bancshares of Stevenson, Inc.
Dec 6, 2008 Citizens Bancorp of Lawrence Bancindependent, Incorporated