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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 |
|---|---|---|
| Mar 31, 1998 | Medical Center East Credit Union | Legacy Community Federal Credit Union |
| Mar 6, 1998 | Merchants and Planters Bancshares, Inc. | The Peoples Banctrust Company, Inc. |
| Feb 6, 1998 | Asb Bancshares, Inc. | The Colonial Bancgroup, Inc. |
| Feb 6, 1998 | Ashville Savings Bank | Colonial Bank |
| Feb 1, 1998 | Pea River Capital Corporation | Henderson Bancshares, Inc. |
| Jan 1, 1998 | BNF Bancorp, Inc. | Union Planters Corporation |
| Jan 1, 1998 | Union Planters Bank of Alabama | Union Planters Bank, National Association |
| Jan 1, 1998 | Whitney Bank of Alabama | Whitney National Bank |
| Dec 13, 1997 | Citizens Bank of Talladega | First Citizens Bank |
| Dec 1, 1997 | First American Bancorp | Alabama National Bancorporation |
| Nov 1, 1997 | First State Bank of Uniontown | First National Bank of West Point |
| Oct 31, 1997 | First Federal Savings & Loan Association of Chilton County | SouthFirst Bank |
| Oct 1, 1997 | Robbins Tire and Rubber Credit Union | Valley Credit Union |
| Jul 1, 1997 | First Bank and Trust | First US Bank |
| Jul 1, 1997 | First Bancshares, Inc. | First US Bancshares, Inc. |
| Jun 3, 1997 | SouthTrust Bank of Russell County | SouthTrust Bank |
| May 31, 1997 | The First National Bank of Union Springs | Amerifirst Bank |
| Apr 4, 1997 | The Union Bank | Colonial Bank |
| Mar 6, 1997 | Shamrock Holding, Inc. | The Colonial Bancgroup, Inc. |
| Jan 1, 1997 | Elmore County Bank | Aliant Bank |
| Jan 1, 1997 | First Montgomery Bank | Aliant Bank |
| Jan 1, 1997 | Joe Wheeler Credit Union | Family Security Credit Union |
| Dec 1, 1996 | BankAlabama-Huntsville | Union Planters Bank of Alabama |
| Dec 1, 1996 | BANKFIRST, a federal savings bank | Union Planters Bank of Alabama |
| Oct 31, 1996 | First Monco Bancshares, Inc. | Banctrust Financial Group, Inc. |
| Oct 18, 1996 | St. Clair Federal Savings Bank | National Bank of Commerce of Birmingham |
| Oct 1, 1996 | Firstbanc Holding Company, Inc. | Alabama National Bancorporation |
| Oct 1, 1996 | Bancalabama, Inc. | BNF Bancorp, Inc. |
| Jul 17, 1996 | Compass Equitable Texas, Inc. | Royall Financial Corporation |
| Jul 9, 1996 | Dothan Federal Savings Bank | Colonial Bank |
| Jul 1, 1996 | City Banc Corporation | First National Sylacauga Corporation |
| Jul 1, 1996 | City Bank of Childersburg | Frontier Bank |
| Jun 21, 1996 | Southland Bancorporation | Ameris Bancorp |
| Jun 1, 1996 | Brent Banking Company | First US Bank |
| Mar 31, 1996 | Pickens County Federal Credit Union | Alabama One Credit Union |
| Jan 2, 1996 | The Citizens Bank of Leeds | Highland Bank |
| Dec 30, 1995 | National Commerce Corporation | Alabama National Bancorporation |
| Dec 30, 1995 | Commerce Bancshares Inc | Alabama National Bancorporation |
| Dec 30, 1995 | Talladega Federal Savings and Loan Association | Citizens Bank of Talladega |
| Nov 4, 1995 | Farmers and Merchants Bank | Colonial Bank |
| Sep 30, 1995 | Sola Employees Federal Credit Union | Winsouth Credit Union |
| Jul 1, 1995 | Bank of Albertville | The Home Bank |
| Jun 6, 1995 | Randolph Bancshares, Inc. | Peoples Independent Bancshares, Inc. |
| Apr 1, 1995 | Brundidge Banking Company, Inc. | Colonial Bank |
| Feb 18, 1995 | The Peoples Bank | The Peoples Bank of Coffee County |
| Feb 18, 1995 | The Peoples Bank | Whitney Bank of Alabama |
| Feb 18, 1995 | The Peoples Bank | First Bank and Trust |
| Jan 31, 1995 | Diversified Products Federal Credit Union | Four Seasons Federal Credit Union |
| Jan 20, 1995 | Union Bank & Trust Company | Regions Bank |
| Jan 13, 1995 | SouthTrust Bank of the Quad Cities | SouthTrust Bank |
The list holds the 500 most recent of 678 mergers.
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