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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
Jul 1, 2018 Sagelink Credit Union Pfcu
Jul 1, 2018 Great Lakes Members Credit Union Public Service Credit Union
Jun 1, 2018 Education Plus Credit Union Directions Credit Union
May 19, 2018 First Federal of Northern Michigan mBank
May 19, 2018 First Federal of Northern Michigan Bancorp, Inc. Mackinac Financial Corporation
Apr 1, 2018 TCSB Bancorp, Inc. Independent Bank Corporation
Apr 1, 2018 Lansing Postal Community Credit Union Lafcu
Apr 1, 2018 Tower Family Credit Union Ignite Credit Union
Apr 1, 2018 Traverse City State Bank Independent Bank
Jan 1, 2018 Eddy Paper Employees Credit Union Omni Community Credit Union
Jan 1, 2018 Tradewinds Credit Union Community West Credit Union
Jan 1, 2018 Newaygo County Service Employees Credit Union Compass Credit Union
Jan 1, 2018 Jackson Community Federal Credit Union Ignite Credit Union
Jan 1, 2018 Equipment Financing & Leasing Corporation TCF National Bank
Dec 1, 2017 Dennison Federal Credit Union Bloom Credit Union
Nov 4, 2017 Northern Michigan Bank & Trust First Bank, Upper Michigan
Oct 17, 2017 Wolverine Bank, Federal Savings Bank Horizon Bank
Oct 17, 2017 Wolverine Bancorp, Inc. Horizon Bancorp, Inc.
Oct 1, 2017 Post Community Credit Union Honor Credit Union dba Honor Investment Services
Sep 30, 2017 Menominee Area Credit Union Covantage Credit Union
Aug 1, 2017 Thunder Bay Area Credit Union Wolverine State Credit Union
Aug 1, 2017 Fedcom Credit Union Members First Credit Union dba Members First Investment Services
Jul 1, 2017 Kalamazoo Building Trades Credit Union Kalsee Credit Union
Jun 1, 2017 Shoreline Federal Credit Union Community Choice Credit Union
May 1, 2017 Michigan Community Credit Union Community Choice Credit Union
Apr 22, 2017 The State Bank of Ewen Gogebic Range Bank
Apr 1, 2017 Battle Creek Area Community Federal Credit Union Honor Credit Union dba Honor Investment Services
Apr 1, 2017 C.F.C. Bancorp, Inc. Northern Interstate Financial, Inc.
Apr 1, 2017 First National Bank of Crystal Falls Northern Interstate Bank, N.A.
Jan 7, 2017 Bank of Birmingham Bank of Ann Arbor
Jan 7, 2017 Birmingham Bloomfield Bancshares, Inc. Arbor Bancorp, Inc.
Jan 1, 2017 Mason State Bank Commercial Bank
Jan 1, 2017 Capital Directions, Inc. Commercial National Financial Corporation
Jan 1, 2017 Christopher Credit Union United Financial Credit Union
Jan 1, 2017 Community State Bank The State Bank
Dec 3, 2016 CSB Bank Lakestone Bank & Trust
Nov 11, 2016 Talmer Bank and Trust Chemical Bank
Oct 22, 2016 Manistee Federal Credit Union Wmcu
Oct 1, 2016 United Vip Credit Union Ignite Credit Union
Sep 13, 2016 Capac Bancorp, Inc. County Bank Corp
Sep 1, 2016 Talmer Bancorp Inc. TCF Financial Corporation
Aug 13, 2016 West Michigan Bank & Trust West Shore Bank
May 1, 2016 MY Postal Credit Union Vibe Credit Union
Apr 1, 2016 Metro Shores Credit Union Public Service Credit Union
Apr 1, 2016 Ruth State Bank Eastern Michigan Bank
Apr 1, 2016 Ruth Bank Corporation Eastern Michigan Financial Corporation
Mar 25, 2016 Clarkston Brandon Community Credit Union Michigan State University Federal Credit Union
Mar 1, 2016 Bank of Michigan Level One Bank
Mar 1, 2016 FM Financial Credit Union Team One Credit Union
Jan 1, 2016 Village Community Credit Union Parkside Credit Union

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

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