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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 |
|---|---|---|
| Dec 31, 1992 | First Commercial Bancshares, Inc. | Synovus Financial Corp. of Alabama |
| Dec 31, 1992 | Electrical WKRS No 136 Fcu | Legacy Community Federal Credit Union |
| Dec 11, 1992 | The First National Bank of Birmingham, Alabama | AmSouth Bank |
| Jul 17, 1992 | Stockham Fcu | Secure First Credit Union |
| Jun 13, 1992 | SouthTrust Bank of Clay County | SouthTrust Bank of Central Alabama |
| May 29, 1992 | Columbia Bancing Company | Peoplessouth Bancshares, Inc. |
| Apr 16, 1992 | Calhoun County Medi-Credit Union | Fort McClellan Credit Union |
| Apr 1, 1992 | Mobile Security Federal Credit Union | All in Federal Credit Union |
| Apr 1, 1992 | Providence Mobile Federal Credit Union | Legacy Community Federal Credit Union |
| Mar 31, 1992 | Butler Educators Federal Credit Union | Tri-Rivers Federal Credit Union |
| Feb 14, 1992 | Southtrust Bank of Cleburne County, National Association | SouthTrust Bank of Calhoun County, National Association |
| Jan 23, 1992 | Ag Cu | Americas First Federal Credit Union |
| Jan 1, 1992 | Allegiance Mortgage, Incorporated | First American Bank |
| Jan 1, 1992 | Gadsden Blue Flame Fcu | Winsouth Credit Union |
| Dec 1, 1991 | Aliant Bank for Savings, F.S.B. | Aliant Bank |
| Nov 22, 1991 | Ensley Neighborhood Federal Credit Union | Americas First Federal Credit Union |
| Aug 30, 1991 | Arab Fcu | Redstone Federal Credit Union |
| Jul 1, 1991 | McWane Empl Cu | Landmark Credit Union |
| Jul 1, 1991 | Fountain City Federal Credit Union | Mutual Savings Credit Union |
| May 1, 1991 | Andytex Empl Fcu | All in Federal Credit Union |
| Mar 6, 1991 | DC&L C Teachers Fcu | Family Security Credit Union |
| Feb 1, 1991 | Ingalls Empl Cu | Landmark Credit Union |
| Jan 16, 1991 | Security Trust and Savings Bank | State Bank & Trust |
| Jan 1, 1991 | Etowah Fcu | Family Savings Credit Union |
| Jan 1, 1991 | Mobile Power Employees Federal Credit Union | Southern Energy Credit Union |
| Jan 1, 1991 | The Attalla Trust Company | The Gadsden Corporation |
| Dec 31, 1990 | Southland Bank of Dothan | Southland Bank b/b/a Ameris |
| Dec 15, 1990 | SouthTrust Bank of Henry County | SouthTrust Bank of Dothan, National Association |
| Jul 31, 1990 | Seasha Fcu | Tuskegee Federal Credit Union |
| Jun 11, 1990 | Fairfield Teachers Credit Union | Mutual Savings Credit Union |
| Mar 30, 1990 | The Colonial Bank - Gulf Coast Region | Colonial Bank |
| Feb 1, 1990 | Gadsden Fcu | Winsouth Credit Union |
| Jan 1, 1990 | Helen Keller Mem Hosp Fcu | Alabama Central Credit Union |
| Nov 27, 1989 | Colonial Bank | Colonial Bank |
| Jun 23, 1989 | SouthTrust Bank of Andalusia, National Association | SouthTrust Bank of Covington County, National Association |
| Jun 17, 1989 | First State Bank of Carrollton, Alabama | West Alabama Bank & Trust |
| Feb 1, 1989 | Southern Statesman Fcu | Emc Credit Union |
| Feb 1, 1989 | Sheffield Fcu | TVA Community Credit Union |
| Jan 1, 1989 | HMC Fcu | Rocket City Federal Credit Union |
| Oct 15, 1988 | Community Bank of Marshall County | Community Bank |
| Oct 15, 1988 | Community Bank of Morgan County | Community Bank |
| Oct 1, 1988 | Durr-Fillauer Cu | Americas First Federal Credit Union |
| Sep 24, 1988 | SouthTrust Bank of Arab | SouthTrust Bank of Marshall County, National Association |
| Sep 15, 1988 | Coosa FS&LA | Regions Bank of Louisiana |
| Sep 10, 1988 | The First National Bank of Tuskaloosa | AmSouth Bank |
| Sep 6, 1988 | The Colonial Bank of Hartselle | Colonial Bank |
| Aug 19, 1988 | First Bank and Trust | First Bank and Trust |
| Jul 30, 1988 | Saint Margarets Montgomery Fcu | Montgomery Va Federal Credit Union |
| Jul 1, 1988 | Bay Line Cu | Tyndall Federal Credit Union |
| Jul 1, 1988 | North Alabama Medical Employees Federal Credit Union | Redstone Federal Credit Union |
The list holds the 500 most recent of 678 mergers.
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