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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
Dec 29, 2015 Afi US LLC Ally Financial Inc.
Dec 1, 2015 Redford Municipal Employees Credit Union Public Service Credit Union
Nov 14, 2015 The Bank of Northern Michigan Chemical Bank
Nov 14, 2015 The Bank of Holland Chemical Bank
Sep 19, 2015 Big Dutch Fleet Credit Union A a C Credit Union
Aug 22, 2015 Talmer West Bank Talmer Bank and Trust
Aug 1, 2015 Eastside Family Federal Credit Union Community Choice Credit Union
Jul 1, 2015 Saint Patrick Credit Union Security Credit Union
Jul 1, 2015 Norway Community Credit Union U.P. State Credit Union
Jul 1, 2015 Good Shepherd Credit Union Credit Union One
Jun 29, 2015 First State Bank Mortgage Company, LLC First State Bank
Jun 1, 2015 Lake Michigan Financial Corporation TCF Financial Corporation
May 9, 2015 Monarch Community Bank Chemical Bank
Apr 7, 2015 The West Michigan Savings Bank Sturgis Bank & Trust Company
Apr 1, 2015 Foss Avenue Baptist Church Federal Credit Union FM Financial Credit Union
Apr 1, 2015 Tri-Pointe Community Credit Union Genisys Credit Union dba Genisys Investment Services
Apr 1, 2015 Nupath Community Credit Union Community Choice Credit Union
Apr 1, 2015 Monarch Community Bancorp, Inc TCF Financial Corporation
Apr 1, 2015 Manistee Public Employees Credit Union Filer Credit Union
Mar 1, 2015 Lotus Bancorp, Inc. Level One Bancorp, Inc.
Mar 1, 2015 Family Community Credit Union University of Michigan Credit Union
Mar 1, 2015 Lotus Bank Level One Bank
Feb 7, 2015 First of Huron Corp. Talmer Bancorp Inc.
Feb 7, 2015 Signature Bank Talmer Bank and Trust
Feb 1, 2015 Owosso Columbus Credit Union Team One Credit Union
Jan 1, 2015 Founders Bank & Trust Old National Bank
Jan 1, 2015 Founders Financial Corporation Old National Bancorp
Jan 1, 2015 River Rouge Municipal Credit Union Monroe Community Credit Union
Jan 1, 2015 Rockford Community Federal Credit Union Community West Credit Union
Jan 1, 2015 Bissell Employees Credit Union River Valley Credit Union
Jan 1, 2015 Bay Winds Federal Credit Union 4FRONT Credit Union
Jan 1, 2015 Founders Community Federal Credit Union Community West Credit Union
Jan 1, 2015 Grand Rapids Family Credit Union Michigan First Credit Union
Jan 1, 2015 Northwood Credit Union Cornerstone Community Financial Credit Union
Dec 6, 2014 Peninsula Financial Corporation Mackinac Financial Corporation
Dec 6, 2014 The Peninsula Bank of Ishpeming mBank
Nov 1, 2014 Northwestern Bank Chemical Bank
Nov 1, 2014 Northwestern Bancorp TCF Financial Corporation
Oct 1, 2014 Saint Joseph Mercy Hospital Pontiac Federal Credit Union Credit Union One
Oct 1, 2014 Southwest Michigan Federal Credit Union Advia Credit Union
Oct 1, 2014 D.T&I Employees Credit Union Nupath Community Credit Union
Sep 1, 2014 Bestsource Credit Union Vibe Credit Union
Aug 9, 2014 Bank of Alpena First Federal of Northern Michigan
Aug 9, 2014 Alpena Banking Corporation First Federal of Northern Michigan Bancorp, Inc.
Aug 1, 2014 Bethel a M E Church Federal Credit Union Frankenmuth Credit Union
Aug 1, 2014 United Bank & Trust Old National Bank
Aug 1, 2014 2nd Baptist Church Federal Credit Union of Ann Arbor University of Michigan Credit Union
Aug 1, 2014 United Bancorp, Inc. Old National Bancorp
Aug 1, 2014 Muskegon Consumers Power Employees Credit Union Best Financial Credit Union
Jul 1, 2014 FirstBank Mercantile Bank

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

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