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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, 2014 Community Driven Credit Union People Driven Credit Union
Jul 1, 2014 Keystone Community Bank Mercantile Bank
Jun 1, 2014 FirstBank Corporation Mercantile Bank Corporation
Jun 1, 2014 Sir Federal Credit Union Honor Credit Union dba Honor Investment Services
Apr 3, 2014 SCB Bancorp, Inc. Horizon Bancorp, Inc.
Apr 3, 2014 Summit Community Bank Horizon Bank
Apr 1, 2014 SLC Credit Union Lakes Community Credit Union
Apr 1, 2014 Trenary Cooperative Federal Credit Union Upper Michigan Community Credit Union
Jan 1, 2014 Rivers Edge Community Credit Union Zeal Credit Union
Jan 1, 2014 Iron Workers Local 25 Credit Union Diversified Members Credit Union
Jan 1, 2014 Amalgamated Credit Union Financial Plus Credit Union
Jan 1, 2014 E&A Credit Union Advia Credit Union
Jan 1, 2014 Eastern Michigan University Credit Union University of Michigan Credit Union
Oct 21, 2013 Seaway Community Bank Northstar Bank
Oct 1, 2013 Rome Credit Union Community Choice Credit Union
Sep 30, 2013 Arc Credit Union Christian Financial Credit Union
Sep 1, 2013 Jackson City County Credit Union South Central Credit Union
Aug 1, 2013 North Kent Catholic Credit Union A a C Credit Union
Jul 1, 2013 Preferred Federal Credit Union Preferred Credit Union
Jun 1, 2013 Chippewa Eagle Federal Credit Union Isabella Community Credit Union
May 1, 2013 Cone Drive Gears Federal Credit Union 4FRONT Credit Union
Apr 13, 2013 Citizens Bank Firstmerit Bank, National Association
Apr 13, 2013 Citizens Republic Bancorp, Inc. Firstmerit Corporation
Apr 1, 2013 Centel Credit Union Lafcu
Apr 1, 2013 Eaton County Educational Credit Union Michigan State University Federal Credit Union
Feb 1, 2013 FirstBank - West Michigan FirstBank
Feb 1, 2013 FirstBank - Alma FirstBank
Feb 1, 2013 FirstBank - West Branch FirstBank
Jan 1, 2013 First Catholic Federal Credit Union Alliance Catholic Credit Union
Jan 1, 2013 Clawson Community Credit Union Diversified Members Credit Union
Jan 1, 2013 Lapeer County School Employees Credit Union Sovita Credit Union
Dec 1, 2012 Select Bank First Community Bank
Sep 21, 2012 Gmac Latin America Holdings LLC Ib Finance Holding Company, LLC
Sep 1, 2012 Inspire Community Development Federal Credit Union Advia Credit Union
Aug 1, 2012 Saint Cletus Credit Union Michigan Legacy Credit Union
Jun 1, 2012 Central Michigan Community Federal Credit Union Members First Credit Union dba Members First Investment Services
May 1, 2012 Access First Federal Credit Union United Bay Community Credit Union
Apr 1, 2012 Allegis Credit Union Honor Credit Union dba Honor Investment Services
Jan 1, 2012 Father Kramer Credit Union Lake Trust Credit Union
Dec 1, 2011 Delta County Teachers Credit Union U.P. State Credit Union
Nov 1, 2011 Saint Joseph Valley Community Federal Credit Union Kellogg Community Credit Union
Oct 1, 2011 Michigan Service Credit Union American 1 Credit Union
Oct 1, 2011 Eddy Employees Federal Credit Union Arbor Financial Credit Union
Oct 1, 2011 FirstBank - St. Johns FirstBank - Alma
Oct 1, 2011 Saint Patrick Carleton Federal Credit Union Monroe Community Credit Union
Oct 1, 2011 Northern Trust Bank, Federal Savings Bank The Northern Trust Company
Sep 1, 2011 Premier Financial Credit Union American 1 Credit Union
Jul 1, 2011 Citizens Bank Wealth Management, N.A. Citizens Bank
Jul 1, 2011 Jackson Vibrators Employees Credit Union Preferred Credit Union
May 1, 2011 Shores Area Credit Union Unity Credit Union

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

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