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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 |
|---|---|---|
| Jun 1, 2001 | Palmerdale Credit Union | Southern Energy Credit Union |
| Apr 30, 2001 | Mortgage Mobile, L.L.C. | Truist Bank |
| Feb 1, 2001 | Acac Federal Credit Union | Tri-Rivers Federal Credit Union |
| Jan 31, 2001 | Prattville Financial Services Corp. | Whitney Holding Corporation |
| Nov 30, 2000 | City of Auburn Alabama Federal Credit Union | Four Seasons Federal Credit Union |
| Nov 1, 2000 | Martin Number 1 Credit Union | North Alabama Educators Credit Union |
| Nov 1, 2000 | Parisian Credit Union | The Cornerstone Credit Union |
| Sep 1, 2000 | The Perry County Bank | West Alabama Bank & Trust |
| May 1, 2000 | Sony Magnetic Products Employees Federal Credit Union | All in Federal Credit Union |
| Feb 1, 2000 | Oakwood College Federal Credit Union | Redstone Federal Credit Union |
| Jan 1, 2000 | SunTrust Bank, Alabama, National Association | Suntrust Bank |
| Nov 17, 1999 | The Planters Bank & Trust Company | Robertson Banking Company |
| Nov 5, 1999 | Jacobs Bank | Regions Bank |
| Sep 11, 1999 | Sweet Water State Bancshares, Inc. | Banctrust Financial Group, Inc. |
| Aug 19, 1999 | Citizens National Bank | CharterBank |
| Aug 11, 1999 | Escambia Educators Federal Credit Union | Penair Credit Union |
| Jul 31, 1999 | Mannor Slacks Federal Credit Union | All in Federal Credit Union |
| Jul 14, 1999 | Bankers Trust of Madison | Superior Bank |
| Jul 14, 1999 | Bankerstrust of Alabama, Inc. | The Banc Corporation |
| Jul 1, 1999 | Montgomery Railroad Credit Union | Guardian Credit Union |
| May 22, 1999 | The First National Bank of Wetumpka | Union Planters Bank, National Association |
| Feb 27, 1999 | The Home Bank | Cadence Bank |
| Feb 27, 1999 | Homebanc Corporation | Bancorpsouth, Inc. |
| Jan 1, 1999 | Aliant National Corporation | Aliant Financial Corporation |
| Jan 1, 1999 | National Bank of the South | (unnamed) |
| Jan 1, 1999 | The First Corporation | Bancorpsouth, Inc. |
| Jan 1, 1999 | National Bank of Commerce Tuscaloosa | (unnamed) |
| Jan 1, 1999 | The First National Bank of Opelika | Cadence Bank |
| Dec 31, 1998 | Lanco Credit Union | Azalea City Credit Union |
| Dec 14, 1998 | Peoples State Bancshares, Inc. | Peoples State Group, Inc. |
| Dec 5, 1998 | The First National Bank of Greenville | Whitney National Bank |
| Nov 7, 1998 | Commerce Bank of Alabama | Superior Bank |
| Oct 31, 1998 | City National Corporation | The Banc Corporation |
| Oct 31, 1998 | First Citizens Bancorp, Inc. | The Banc Corporation |
| Oct 31, 1998 | Highland Bank | Cadence Bank |
| Oct 31, 1998 | First Citizens Bank of Monroe County | Superior Bank |
| Oct 31, 1998 | Alabama Bancorp | Bancorpsouth, Inc. |
| Oct 31, 1998 | The City National Bank of Sylacauga | Superior Bank |
| Oct 31, 1998 | First Community Bank of The South | Cadence Bank |
| Oct 17, 1998 | Commercial Bancshares of Roanoke, Inc. | The Banc Corporation |
| Oct 17, 1998 | Warrior Capital Corporation | The Banc Corporation |
| Oct 17, 1998 | The Commercial Bank of Roanoke, Alabama | Superior Bank |
| Aug 24, 1998 | First National Sylacauga Corporation | Frontier National Corporation |
| Aug 22, 1998 | The First National Bancorp of Greenville, Inc. | Whitney Holding Corporation |
| Aug 21, 1998 | Elmore County Bancshares, Inc. | The Peoples Banctrust Company, Inc. |
| Aug 21, 1998 | The Bank of Tallassee | The Peoples Bank & Trust Company |
| Aug 17, 1998 | First Allegiance Mortgage, Inc. | First American Bank |
| Jul 31, 1998 | First National Bancshares of Wetumpka, I | Union Planters Holding Corporation |
| May 15, 1998 | Peterman State Bank | The Monroe County Bank |
| Apr 13, 1998 | Merchants & Planters Bank | The Peoples Bank & Trust Company |
The list holds the 500 most recent of 678 mergers.
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