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Bank Events in Michigan

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 Michigan (MI).

37
Failures
1,217
Mergers
153
Enforcement
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Bank Directory
All Michigan banks

Failures in Michigan

Date Bank City Assets Acquirer or resolution
Mar 30, 2012 Fidelity Bank Dearborn $818.2M The Huntington National Bank
Apr 29, 2011 Community Central Bank Mount Clemens $451.7M Talmer Bank and Trust
Feb 11, 2011 Peoples State Bank Hamtramck $390.5M First Michigan Bank
Dec 10, 2010 Paramount Bank Farmington Hills $252.7M Level One Bank
Jul 16, 2010 MainStreet Savings Bank, FSB Hastings $96.6M Commercial Bank
May 14, 2010 New Liberty Bank Plymouth $111.2M Bank of Ann Arbor
Apr 30, 2010 CF Bancorp Port Huron $1.60B First Michigan Bank
Apr 16, 2010 Lakeside Community Bank Sterling Heights $49.2M —
Dec 18, 2009 Citizens State Bank New Baltimore $168.6M —
Nov 6, 2009 Home Federal Savings Bank Detroit $13.0M Liberty Bank and Trust Company
Oct 2, 2009 Warren Bank Warren $504.8M The Huntington National Bank
Apr 24, 2009 Michigan Heritage Bank Farmington Hills $167.7M Level One Bank
Oct 10, 2008 Main Street Bank Northville $112.4M Monroe Bank & Trust
Mar 28, 2002 New Century Bank Shelby Township $21.1M —
Apr 9, 1998 Omnibank River Rouge $42.0M Shorebank, Detroit
Oct 16, 1991 First FS & La Pontiac $917.0M Branch sale
May 17, 1991 Ludington FSB Ludington $34.2M Northwestern SB&T
Jul 27, 1989 New Guaranty Fed. S & L Assoc. Taylor $212.5M National Bank of Detroit
Mar 9, 1989 Peoples Savings Assoc. St. Joseph $107.3M Peoples SB
Feb 12, 1988 The First State Bank White Cloud $36.4M Peoples STB of St Joseph
Nov 26, 1985 Usm (U.S. Mutual) S&LA Ann Arbor $306.1M Great Lakes Bancorp
Mar 9, 1984 National Bank and Trust Company of Travers Traverse City $104.0M NBD Northwest Bank N.A.
May 15, 1982 Community BK of Washtenaw Ypsilantai $19.9M Michigan NB Ann Arbor
Sep 27, 1974 Tri-City Bank Warren $16.3M —
Feb 16, 1971 Birmingham-Bloomfield Bank Birmingham $109.7M —
Apr 18, 1970 The Peoples State Savings Bank Auburn $10.9M —
May 6, 1969 The Morrice State Bank Morrice $2.3M —
Oct 12, 1966 Public Bank Detroit $110.1M —
Mar 17, 1964 The State Savings Bank of Minden City Minden City $1.3M —
Apr 3, 1950 The Westphalia State Bank Westphalia $744K —
Dec 13, 1941 The St. Charles State Bank St. Charles — —
Jan 28, 1938 The Trout Creek State Bank Trout Creek $46K —
Jun 17, 1937 The State Bank of Marcellus Marcellus $95K —
Feb 15, 1936 Farmers & Mechanics Bank Ann Arbor — —
Feb 15, 1936 The Ann Arbor Savings Bank Ann Arbor — —
Feb 15, 1936 The First National Bank & Trust Co. Ann Arbor — —
Nov 26, 1935 Lennon State Bank Lennon $79K —

Mergers & Acquisitions involving Michigan banks

Date Acquired (MI) Acquirer
Apr 1, 2022 Northern United Federal Credit Union U.P. State Credit Union
Apr 1, 2022 Level One Bank First Merchants Bank
Apr 1, 2022 Western Districts Members Credit Union Wmcu
Apr 1, 2022 Level One Bancorp, Inc. First Merchants Corporation
Mar 1, 2022 Four Flags Area Credit Union Great River Federal Credit Union
Jan 1, 2022 Belle River Community Credit Union Freestar Financial Credit Union
Dec 31, 2021 TD Auto Finance LLC TD Bank, N.A.
Dec 1, 2021 Farmers State Bank of Munith The State Bank
Dec 1, 2021 First National Bank in Howell Bank of Ann Arbor
Dec 1, 2021 FNBH Bancorp, Inc. Arbor Bancorp, Inc.
Oct 2, 2021 Atl Federal Credit Union Honor Credit Union dba Honor Investment Services
Sep 4, 2021 mBank Nicolet National Bank
Sep 4, 2021 Mackinac Financial Corporation Nicolet Bankshares, Inc.
Aug 1, 2021 Unity Credit Union Michigan United Credit Union
Aug 1, 2021 Owosso W B C Federal Credit Union Frankenmuth Credit Union
Jun 9, 2021 TCF Financial Corporation Huntington Bancshares Incorporated
May 1, 2021 First General Credit Union Community Choice Credit Union
May 1, 2021 Edgewater Bank United Federal Credit Union
Feb 20, 2021 Main Street Bank Superior National Bank
Jan 1, 2021 Washtenaw Federal Credit Union True Community Credit Union
Oct 17, 2020 Community Shores Bank ChoiceOne Bank
Jul 1, 2020 Community Shores Bank Corporation ChoiceOne Financial Services, Inc.
Jun 6, 2020 New Buffalo Savings Bank Everwise Credit Union
May 16, 2020 Delta County Credit Union Embers Credit Union
May 16, 2020 Lakestone Bank & Trust ChoiceOne Bank
Apr 1, 2020 Riverview Community Federal Credit Union Advia Credit Union
Apr 1, 2020 Motor City Co-Op Credit Union Christian Financial Credit Union
Feb 4, 2020 North Star Financial Holdings, Inc. Keweenaw Financial Corporation
Feb 1, 2020 Lakes Community Credit Union Michigan United Credit Union
Jan 3, 2020 Ann Arbor State Bank Level One Bank
Jan 3, 2020 Ann Arbor Bancorp, Inc. Level One Bancorp, Inc.
Jan 1, 2020 Clarkston Financial Corporation Waterford Bancorp, Inc.
Jan 1, 2020 Clarkston State Bank Waterford Bank, N.A.
Jan 1, 2020 Bi-County PTC Federal Credit Union Ignite Credit Union
Oct 1, 2019 County Bank Corp ChoiceOne Financial Services, Inc.
Oct 1, 2019 SB Community Federal Credit Union Service 1 Federal Credit Union
Sep 1, 2019 MBT Financial Corp. First Merchants Corporation
Sep 1, 2019 Monroe Bank & Trust First Merchants Bank
Aug 1, 2019 Chemical Bank TCF National Bank
Aug 1, 2019 Metro North Federal Credit Union Michigan United Credit Union
Aug 1, 2019 Federal Mogul Employees Federal Credit Union Community Choice Credit Union
Jun 1, 2019 Hantz Bank Credit Union One
Jun 1, 2019 Upper Michigan Community Credit Union Embers Credit Union
Feb 1, 2019 Generations Family Federal Credit Union Team One Credit Union
Jan 1, 2019 Vibe Credit Union Vibe Credit Union
Oct 1, 2018 Central State Bank State Savings Bank
Aug 17, 2018 Ukrainian Future Credit Union Selfreliance Federal Credit Union
Aug 1, 2018 Crestmark Bancorp, Inc. Pathward Financial, Inc.
Aug 1, 2018 Crestmark Bank Pathward, N.A.
Jul 1, 2018 SSBBank Eaton Community Bank

The list holds the 500 most recent of 1,217 mergers.

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