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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
Dec 6, 2008 The Citizens Bank Bank Independent
Dec 1, 2008 BTW Federal Credit Union Avadian Credit Union
Nov 6, 2008 Security Federal Bancorp, Inc. Capstone Bancshares, Inc.
Nov 6, 2008 Security Bank Capstone Bank
Oct 1, 2008 BBM Federal Credit Union Avadian Credit Union
Oct 1, 2008 First Hospitality Federal Credit Union Family Security Credit Union
Jul 1, 2008 The Peoples Bank of Coffee County Troy Bank & Trust Company
Jun 21, 2008 Alabama Exchange Bank RBC Bank (USA)
Jun 21, 2008 First American Bank RBC Bank (USA)
Mar 6, 2008 South Alabama Holding Company, Inc. Capstone Bancshares, Inc.
Mar 3, 2008 M&H Employees Federal Credit Union Aod Federal Credit Union
Feb 23, 2008 Alabama National Bancorporation RBC Bancorporation (USA)
Jan 1, 2008 Coffee Geneva County Educational Employees Federal Credit Union All in Federal Credit Union
Jan 1, 2008 Gaf Mobile Federal Credit Union All in Federal Credit Union
Dec 31, 2007 Capitol Credit Union Guardian Credit Union
Dec 31, 2007 Prichard Federal Credit Union New Horizons Credit Union
Dec 15, 2007 The Peoples Bank & Trust Company BankTrust
Dec 1, 2007 Banctrust Company, Inc. BankTrust
Nov 30, 2007 RF Trust Company, Inc. Regions Bank
Nov 1, 2007 Phifer Wire Credit Union Alabama Credit Union
Oct 16, 2007 The Peoples Banctrust Company, Inc. Banctrust Financial Group, Inc.
Oct 15, 2007 Birmingham Federal Employees Credit Union Legacy Community Federal Credit Union
Oct 1, 2007 Tuscaloosa News Federal Credit Union Tuscaloosa Credit Union
Sep 22, 2007 Bank of Dadeville First American Bank
Jul 21, 2007 Vision Bank Vision Bank
Jul 1, 2007 Geneva Bancshares, Inc. State Capital Corporation
Jul 1, 2007 The American Bank State Bank & Trust Company
May 12, 2007 BankTrust of Alabama BankTrust
May 1, 2007 Southwest Alabama Federal Credit Union Family Security Credit Union
Mar 1, 2007 Members Choice Credit Union Alabama Credit Union
Feb 1, 2007 Oxchem Employees Credit Union Listerhill Credit Union
Nov 8, 2006 Community Bank Superior Bank
Nov 4, 2006 Amsouth Bancorporation Regions Financial Corporation
Nov 4, 2006 AmSouth Bank Regions Bank
Nov 3, 2006 Capital Bank Capitalsouth Bank
Nov 1, 2006 Maplesville Bancorp Southcrest Financial Group, Inc.
Jul 28, 2006 Dedicators Federal Credit Union Americas First Federal Credit Union
Jul 3, 2006 Valley Employees Credit Union TVA Community Credit Union
Jul 1, 2006 First State Corp. Firstfed Bancorp, Inc.
Apr 8, 2006 Carraway Methodist Federal Credit Union Mutual Savings Credit Union
Mar 30, 2006 Dale Henry Educators Federal Credit Union Southern Energy Credit Union
Feb 18, 2006 Columbiana Bancshares, Inc. First M & F Corporation
Feb 18, 2006 First National Bank of Shelby County Merchants and Farmers Bank
Feb 11, 2006 Southland Bank b/b/a Ameris Ameris Bank
Jan 1, 2006 Wachovia of Alabama, Inc. Wachovia Corporation
Jan 1, 2006 West Alabama Bancshares, Inc. West Alabama Capital Corp.
Jan 1, 2006 Merchants & Farmers Bank West Alabama Bank & Trust
Dec 31, 2005 Synovus Financial Corp. of Alabama Synovus Financial Corp.
Sep 29, 2005 Regions Morgan Keegan Trust, F.S.B. Regions Bank
Aug 31, 2005 Dekalb Bancshares, Inc. Heritage First Bancshares, Inc.