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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, 2005 | Southern Phenix Textiles Credit Union | Five Star Credit Union |
| Jul 1, 2005 | Members 1st Credit Union | Alabama Credit Union |
| May 21, 2005 | First Citizens Bank | First American Bank |
| Apr 13, 2005 | Peoples Community Bank | Peoplessouth Bank |
| Apr 1, 2005 | Little Flower Federal Credit Union | All in Federal Credit Union |
| Mar 19, 2005 | First Gulf Bank | First Gulf Bank, N.A. |
| Feb 19, 2005 | National Bank of Commerce of Birmingham | First American Bank |
| Jan 3, 2005 | SouthTrust Bank | Wachovia Bank, N.A. |
| Jan 1, 2005 | Heritage Financial Holding Corporation | Renasant Corporation |
| Jan 1, 2005 | Heritage Bank | Renasant Bank |
| Dec 1, 2004 | Golden Flake Credit Union | Avadian Credit Union |
| Nov 1, 2004 | Southtrust Corporation | Wachovia Corporation |
| Nov 1, 2004 | Protective Industrial Federal Credit Union | Mutual Savings Credit Union |
| Aug 1, 2004 | The Commercial Bank of Demopolis | BankTrust |
| Jul 1, 2004 | Mobile Coast Guard Federal Credit Union | All in Federal Credit Union |
| Jul 1, 2004 | Regions Financial Corporation | Regions Financial Corporation |
| Jun 1, 2004 | Colbert-Browns Ferry Federal Credit Union | TVA Community Credit Union |
| May 1, 2004 | The Monroe County Bank | BankTrust |
| Jan 1, 2004 | The Rock Credit Union | Avadian Credit Union |
| Dec 31, 2003 | Commercesouth, Inc. | Banctrust Financial Group, Inc. |
| Nov 27, 2003 | Alabama Gas Credit Union | 1st Resource Credit Union |
| Nov 18, 2003 | Tuscaloosa Community Federal Credit Union | Secure First Credit Union |
| Nov 1, 2003 | BankTrust of Brewton | BankTrust |
| Nov 1, 2003 | Dunlop Credit Union | Family Security Credit Union |
| Oct 16, 2003 | York Citizens Federal Credit Union | Tuscaloosa Va Federal Credit Union |
| Sep 1, 2003 | Friendly Credit Union | Navigator Federal Credit Union |
| Jun 1, 2003 | Steering Federal Credit Union | Family Security Credit Union |
| Mar 1, 2003 | Citizens Federal Savings Bank | Citizens Trust Bank |
| Feb 22, 2003 | Eagle Bank of Alabama | CharterBank |
| Jan 1, 2003 | Synovus Trust Corp. | Synovus Trust Company, N.A. |
| Jan 1, 2003 | Barbour County Bank | Midsouth Bank |
| Nov 1, 2002 | Fontaine Employees Federal Credit Union | Southern Energy Credit Union |
| Aug 22, 2002 | Goosepond Industrial Credit Union | Winsouth Credit Union |
| Jun 1, 2002 | Mobile County Bank | Century Bank |
| Jun 1, 2002 | Grand Bancorp, Inc. | Bancorp of Lucedale, Inc. |
| May 15, 2002 | The Bank of Parrish | First National Bank |
| Apr 3, 2002 | Noala Methodist Federal Credit Union | Alatrust Credit Union |
| Apr 3, 2002 | Bank of Carbon Hill | First National Bank |
| Apr 1, 2002 | Triangle Bancorporation | Marion County Bancshares, Inc. |
| Apr 1, 2002 | The Bank of Berry | First National Bank |
| Mar 9, 2002 | First Federal Savings Bank | First Financial Bank |
| Feb 1, 2002 | First Mobile Credit Union | Alabama Central Credit Union |
| Jan 1, 2002 | A F East Federal Credit Union | Alabama Credit Union |
| Jan 1, 2002 | Peoples State Bank of Commerce | Peoples State Bank of Commerce |
| Dec 15, 2001 | The Farmers National Bank of Opelika | First American Bank |
| Dec 14, 2001 | Farmers National Bancshares, Inc. | Alabama National Bancorporation |
| Nov 10, 2001 | Century South Bank of Alabama | Truist Bank |
| Nov 1, 2001 | Gulf Coast Boilermakers Fcu | All in Federal Credit Union |
| Aug 1, 2001 | Benco Employees Credit Union | Avadian Credit Union |
| Jun 9, 2001 | Bank of Prattville | Whitney National Bank |
The list holds the 500 most recent of 678 mergers.
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